Baua Electric

APRIL 30, 2023

Crude steel production in China also increased 6 per cent to 261.6 Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. million tonne, according to Nikkei Asia.

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Green Car Congress

APRIL 1, 2020

The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. Nonetheless, it continues to forecast Chinese EV sales growth in 2020 over 2019’s total.

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Chinese Sale China 2020 221

Baua Electric

JUNE 10, 2024

The report found Bourns Inc, a California-based auto supplier, had sourced components from JWD, which was added to the UFLPA Entity List in December. The chair of the Senate Finance Committee said on Monday he was expanding its probe into German automaker BMW ‘s use of electronic components from a banned Chinese supplier.

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BMW Chinese Parts Auto 52

Teslarati

SEPTEMBER 6, 2024

He spent two years with the Chinese automaker, helping the company set up its EV business in India. The company is currently looking into the feasibility of local EV and battery production. According to a Reuters source, it aims to scale EV production to 750,000 units a few years after the start of operation.

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CN EV Post

NOVEMBER 27, 2022

SemiDrive currently has four series of products with an annual output of one million chips. The post Chinese auto chip maker SemiDrive closes $140 million Series B+ financing appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Financing Chinese Auto Production 82

Baua Electric

AUGUST 16, 2024

In June, the EU announced import tariffs on Chinese EVs ranging from 17.4% The rationale behind the new tariffs is that the Chinese government has unfairly subsidized its auto industry, enabling Chinese automakers to sell EVs at prices European brands can’t match. BYD has established a factory in Hungary.

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Chinese Hungary Charging Europe 52

Baua Electric

MAY 6, 2024

New Delhi: BorgWarner has won two high-voltage hairpin (HVH) eMotor business from XPeng , a Chinese Smart EV manufacturer, for use on two upcoming SUV models. Start of production is planned for 2025. BorgWarner’s HVH220 eMotor offers high power and torque density, enhanced efficiency, and superior durability, the company said.

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Chinese Auto Oil Wind 52

Green Car Congress

FEBRUARY 4, 2022

TTTech Auto, a Vienna-based technology leader in automotive safety software, raised US$285 million (€250 million) from Aptiv PLC and Audi in its latest funding round. With this latest funding round and a valuation of more than US$1 billion, TTTech Auto confirms its strong position amid a growing number of auto tech unicorns.

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Baua Electric

MARCH 23, 2024

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

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CN EV Post

MARCH 22, 2023

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.

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Green Car Congress

FEBRUARY 25, 2021

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

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CN EV Post

APRIL 17, 2023

While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team. (A A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)

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Baua Electric

FEBRUARY 1, 2024

The production issue relates to a shortage of a component that goes in the MDC 810, according to one of the sources. Some Chinese automakers have had to delay deliveries of flagship models due to production issues with a computing unit made by tech giant Huawei , five people with knowledge of the matter said.

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Teslarati

SEPTEMBER 12, 2024

China’s Ministry of Commerce discouraged Chinese automakers from investing overseas. In July, the Ministry of Commerce told Chinese automakers not to invest in India and “strongly advised” against investments in Russia and Turkey. The policy attracted big names in the global auto industry, including Tesla and Hyundai.

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Teslarati

JULY 6, 2023

Tesla and 16 Chinese automakers signed a truce ending the EV price war. Executives from Tesla and 16 China-based automakers participated in a signing ceremony at the China Auto Forum in Shanghai held on July 6, 2023. Put quality first; improve lives with high-quality products and services.

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Chinese Price Tesla BYD 143

Baua Electric

JANUARY 17, 2024

Governments in North America and Europe are seriously concerned about China’s growing dominance of the EV industry. Chinese automaker BYD recently surpassed Tesla as the world’s leading seller of EVs, and it’s only one of several Chinese-owned brands that are already selling cars in the US and the EU.

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Baua Electric

JULY 10, 2024

Tesla has already found a few buyers in Chinese state-owned companies after official government approval. Lingang, which develops industrial parks, said that it wanted to promote equal treatment of domestic and foreign enterprises in government procurement activities. FTC: We use income earning auto affiliate links.

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Chinese Companies Tesla China 52

Green Car Congress

APRIL 20, 2023

At Auto Shanghai, Chinese battery giant CATL launched what it calls a “condensed battery”—a type of semi-solid state cell with an energy density of up to 500 Wh/kg. CATL also says it can achieve mass production of condensed battery in a short period of time.

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Energy Li-ion Battery Batteries 435

Green Car Congress

MAY 9, 2017

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. This will provide GAC Motor with a production capacity of 200,000 units per year.

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Industry Industrial Vehicles Automobile 247

Green Car Congress

OCTOBER 8, 2020

However, the study reveals there has been an increase in interest in the US and Chinese markets. Increasing future sales for BEVs will rely on companies improving awareness of their product. In order to overcome the unknown of BEVs, consumers need to be educated on the product so they will feel comfortable and confident.

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Baua Electric

APRIL 19, 2024

billion euros worth of new orders in the quarter, more than half of which came from Asia on the back of new deals with Chinese automakers. European automotive supplier Forvia reported higher organic sales for the first-quarter on Thursday driven by strong North America, and said new awards from Chinese carmakers had boosted quarterly orders.

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Auto Chery Sale North America 52

Green Car Congress

OCTOBER 24, 2010

He also said that auto manufacturers should strengthen their safety and quality control standards. Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14 Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14

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Teslarati

MARCH 22, 2024

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” In 2023, around 35% of electric vehicles exported worldwide were Chinese. “As Last year, it signed a supply agreement with Chinese battery supplier CATL.

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China Auto United States Europe 118

Baua Electric

MAY 20, 2024

.” German automaker BMW imported at least 8,000 Mini Cooper vehicles into the United States with electronic components from a banned Chinese supplier, a U.S. BMW Group said in an email it had “taken steps to halt the importation of affected products.” Senate report released on Monday said.

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Land Rover Chinese BMW Parts 40

Teslarati

MARCH 4, 2024

The decrease came amidst the Chinese New Year holiday, which appears to have impacted China’s general automotive sector last month. This year the Chinese New Year, with 2 weeks holiday, was in February. The Chinese New Year holiday this year was held from February 10 to 17, 2024. Domestic sales were 36.5k

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Baua Electric

JULY 6, 2024

A German offshore wind farm in the North Sea will use Chinese-made turbines for the first time (and they’re mighty). Similar to Europe’s EV industry, there’s concern about unfair trade practices in the solar and wind sectors because Chinese-made wind turbines and solar panels cost less than European-made products.

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Wind Chinese Solar Installation 52

Baua Electric

DECEMBER 10, 2023

Chinese semiconductor manufacturers have a significant impact on various aspects of the global business landscape. This dependence can be a vulnerability for businesses if there are disruptions in the supply chain, such as trade tensions, geopolitical issues, or natural disasters affecting production facilities.

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Chinese Manufacturer China Low Cost 52

Teslarati

MARCH 25, 2024

There was a time when BYD’s sustainable vehicle efforts were seemingly brushed aside by industry leaders like Tesla CEO Elon Musk. That time has long passed, and BYD’s presence in the hybrid, PHEV, and BEV sector has grown to a point where it has garnered the respect of the global auto industry.

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Baua Electric

MAY 6, 2024

Production of the car component at the town of Gifhorn will end in 2027 and move to Croatia, the Czech Republic and Wales to keep the costs “competitive”, according to Continental, which will cut about 7,000 jobs worldwide. Another 100 could find a home at a nearby Siemens mobility plant that supplies rail companies.

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Baua Electric

JANUARY 17, 2024

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. The French plant should start mass production soon. billion) investment.

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Carbon Supplies Emissions Auto 97

The Truth About Cars

JANUARY 17, 2024

Huawei has announced it will continue becoming intertwined with the automotive sector after signing onto a joint venture with Chinese state-owned carmaker Changan Automobile. With the Chinese government encouraging all automakers to get under the umbrella, they’re effectively obligated to jump aboard the program.

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China Auto Chery Cars 105

Teslarati

SEPTEMBER 27, 2024

The Biden Administration announced a joint initiative with Monroe Capital LLC to launch a $1 billion fund to help small to medium-sized auto suppliers shift from gasoline-powered to electric vehicles. It is expected to help over 250,000 people across the United States who work for small to medium-sized auto suppliers.

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CN EV Post

MARCH 12, 2023

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry.

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Standards China Auto Emissions 78

Baua Electric

APRIL 23, 2024

European automakers face a trifecta of challenges: soft demand due to higher borrowing costs that discourage car purchases, fierce competition from Chinese rivals, and higher input costs squeezing their margins. 31, as the UAW strikes affected production volumes in the United States.

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Auto Europe Africa Chinese 52

Baua Electric

MARCH 6, 2024

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

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Chinese Europe BYD Solar 52

Baua Electric

MAY 23, 2024

It said the factory was slated to start mass production in early 2025, with an initial capacity of 10,000 Megapack units a year. Electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries, Chinese state media reported Thursday. It is the No.

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Energy Storage Auto Energy Battery 52

CN EV Post

MARCH 20, 2023

Li Auto leads the pack with superior execution, but risk-reward increasingly favors XPeng and NIO after a drastic sell-off this year, Morgan Stanley said. As of Monday's close, NIO's (NYSE: NIO) US-traded ADR was down 10 percent this year, XPeng was down 8 percent, and Li Auto was up about 12 percent.

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