Teslarati

JUNE 8, 2022

During a recent interview with local media, a BYD executive stated that the Chinese car and battery maker would be supplying the American EV company with batteries. . Tesla is yet to confirm or deny whether it has inked a battery supply deal with BYD or not. “Tesla is a very successful company no matter what.

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BYD Supplies Auto Battery 125

Baua Electric

APRIL 30, 2023

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. The increase in inexpensive Chinese steel could hurt steelmakers in other countries.

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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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Baua Electric

APRIL 7, 2024

It said the two partners would share market intelligence about “non-market” policies and practices, which they argue prevail in China, and consult on planned action to address distortions on the global supply chain. European Commission Vice President Margrethe Vestager, who oversees EU policy on technology, said the EU and U.S.

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Baua Electric

MARCH 15, 2024

Parts of our key supply chains, including for clean energy, are currently over-concentrated in China,” US Treasury Secretary Janet Yellen said earlier this month during a visit to Chile, home to the largest lithium reserves. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick.

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CN EV Post

JULY 4, 2022

CITIC Securities sees both supply and demand improving for NIO, Li Auto, and XPeng, and the Chinese EV industry facing a high boom in the second half of the year. The post CITIC Securities bullish on NIO, Li Auto, XPeng in H2, citing improving supply and demand appeared first on CnEVPost.

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Supplies Auto Chinese Industrial 76

Baua Electric

MAY 9, 2024

New Delhi: It is no secret that Chinese component makers are aggressively scouting global markets for increasing their already tight grip on the nascent battery electric vehicle (BEV) industry. What do Indian suppliers with global ambitions in the BEV segment do to thwart this aggressive posturing by the Chinese?

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Baua Electric

MAY 9, 2024

billion) in financial aid to support efforts of the country’s EV sector to secure a self-sufficient supply chain. South Korea on Wednesday welcomed a US decision to extend automakers’ eligibility for electric vehicle tax credits for cars containing Chinese graphite through 2026. The ministry added that it would provide 9.7

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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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Baua Electric

JANUARY 31, 2024

Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, Bloomberg News reported on Wednesday. China currently houses the largest manufacturers of LFP batteries, including BYD and CATL, which supply Tesla.

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Baua Electric

MAY 3, 2024

1 restricting Chinese content in batteries eligible for EV tax credits of up to USD 7,500, which sharply cut the number of eligible vehicles. Automakers have since made changes to supply chains and won restored eligibility for many vehicles. New rules took effect on Jan. EV battery chain away from China.

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Tax Credit Tax Chinese Auto 52

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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Baua Electric

JUNE 4, 2024

New Delhi: Marelli has been awarded a significant contract from a major global carmaker to supply the Battery Thermal Plate (BTP) for future Battery Electric Vehicles (BEVs). The supply will begin in 2024, reaching approximately 5 million units over the contract period.

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Supplies Global Auto Battery 52

Baua Electric

JANUARY 31, 2024

Volkswagen operates a plant in Xinjiang as part of a joint venture with Chinese state-owned carmaker SAIC Motor. Automakers including Tesla, General Motors, Volkswagen and Toyota are failing to ensure they are not using forced labor as part of their China supply chains, a report released Thursday by Human Rights Watch says.

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Baua Electric

FEBRUARY 29, 2024

China’s lithium futures rallied for a sixth day on Wednesday, amid growing supply concerns after Beijing asked a main producing region to limit the environmental impact of lithium exploration. Measures taken by producers to address the environmental could slow down their operation and affect production and supply, analysts said.

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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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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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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

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. The report found that Bourns Inc, a California-based auto supplier, had sourced components from Sichuan Jingweida Technology Group (JWD).

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Land Rover Chinese BMW Parts 40

Baua Electric

JANUARY 17, 2024

OneD Battery Sciences and Koch Modular said on Wednesday they have teamed up to build a factory in North America to produce enough silicon-graphite anode material to supply batteries for around 1 million EVs annually. push via the Inflation Reduction Act and moves in Europe to own more of the EV supply chain have helped make a U.S.

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Baua Electric

JUNE 20, 2024

Another day, another deeper understanding of the conversations going on behind closed doors as China and the EU approach the negotiating table as they toe the lines of a looming trade war surrounding vehicle imports and anti-subsidy probes of Chinese EVs.

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Baua Electric

MAY 6, 2024

The relocation means a new career for 49-year-old Karaca, one of a rising number of workers in companies supplying Germany’s vital automotive sector who are being hit by a tsunami of redundancies. Brussels has promised to do more to boost the domestic car industry and tackle unfair competition from cheaper Asian rivals.

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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.

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Baua Electric

APRIL 11, 2024

“In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper. Industry sources say energy storage projects are largely unprofitable to operate because of high upfront costs.

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Baua Electric

FEBRUARY 1, 2024

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. Changan Auto has said it plans to own up to 40% of the new company. Huawei, Chery and Seres did not respond to Reuters requests for comment.

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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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Baua Electric

APRIL 24, 2024

Huawei said in November that the unit would be spun off into a new company which will receive the unit’s core technologies and resources and take investment from partners such as automaker Changan Auto.

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Auto Insight 2019 Chinese 52

Baua Electric

APRIL 12, 2024

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. Industry sources say energy storage projects are largely unprofitable to operate because of high upfront costs.

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Energy Storage Auto Battery Batteries 52

Green Car Congress

JULY 10, 2018

The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. CATL will invest €240 million by 2022 in the German plant, which will be located on a 70-hectare site in the industrial area Erfurt Cross. With an annual supply of 12 GWh in 2017, CATL is number one in the global automotive battery industry.

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Green Car Congress

APRIL 30, 2022

Chinese lithium and cobalt sulfate prices fell this month as strict COVID-19 lockdowns in Shanghai and elsewhere limit demand in the world’s largest electric vehicle market. At the same time logistical difficulties caused by the lockdowns in Shanghai and elsewhere are disrupting supply chains for automakers and battery producers.

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Price Chinese Sale Battery 279

Baua Electric

JULY 13, 2024

Both Europe and the United States are seeking to curb their dependence on China, which supplies about 90% of global processed rare earths and two-thirds of processed lithium. government-backed investment vehicle TechMet said.

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Baua Electric

JULY 1, 2024

Renault ‘s EV unit Ampere on Monday said it would include the lithium iron phosphate (LFP) technology in its plans to mass produce electric vehicles, teaming up with suppliers LG Energy Solutions and CATL to build a supply chain in Europe.

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Teslarati

MARCH 30, 2023

Besides the massive retooling effort that has taken the auto industry by storm over the past two years, the search for raw materials for EV batteries has become a growing priority for automakers. Ford has announced that it has partnered with two other entities to construct a nickel processing facility in Indonesia.

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Baua Electric

JUNE 26, 2024

South Korean authorities on Wednesday ordered a lithium battery maker to halt factory operations indefinitely after a fire killed 23 people and said three company officials were under investigation on suspicion of having violated industrial safety laws. The names and titles of the Aricell officials under investigation were not disclosed.

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Green Car Congress

JULY 10, 2018

The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. CATL will invest €240 million by 2022 in the German plant, which will be located on a 70-hectare site in the industrial area Erfurt Cross. With an annual supply of 12 GWh in 2017, CATL is number one in the global automotive battery industry.

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Germany Chinese Manufacturer Lithium Ion 150

Baua Electric

MAY 21, 2024

Panasonic, whose energy unit makes batteries for Tesla , is closely watching its Chinese supply chain and battery material procurement following China’s move last year to tighten graphite export controls, Yuki Kusumi said. A slowdown in the take-up of electric vehicles in the U.S.

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Auto Battery Batteries North America 52

Baua Electric

FEBRUARY 25, 2024

NAGA believes intervention from the federal government is necessary to protect North America’s nascent graphite industry. The concerns go beyond mere supply shortages. According to NAGA, China’s graphite supply surpasses global demand, allowing it to flood markets with cheap graphite and manipulate prices.

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