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SK IE Technology to supply separators for EV batteries to Sunwoda

Green Car Congress

Sunwoda’s major customers for its batteries include Geely Auto Group, Dongfeng Cummins Engine Co., Shanghai Automotive Industry Corporation Motor, Volvo Cars, and Volkswagen. In addition, they plan to build a mid-to-long term strategic cooperative relationship in the Chinese electric vehicle market.

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SAIC’s MG to open second Europe parts centre by the summer – ET Auto

Baua Electric

MG Motors, a unit of Chinese automaker SAIC, will open a second European parts centre by the summer of 2024 in France to meet the country’s growing demand for its vehicles, a spokesperson told Reuters on Thursday. SAIC is currently evaluating whether to build a factory in Europe.

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2025 BMW iX continues with minor changes

Baua Electric

2025 BMW iX Pricing starts at $88,245 for the xDrive50 grade and $112,675 for the M60 grade. Both prices include a mandatory $1,175 destination charge. Both iX models use a dual-motor all-wheel-drive powertrain and a battery pack with 109 kwh of usable capacity.

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BYD wants to bring a Land Rover-style SUV that can ‘float on water’ to Europe

Baua Electric

So Europeans can get an up-close look at the SUVs, the company plans to showcase them at the Geneva auto show in February. In China, the U8 SUV is a full-size luxury SUV priced at around $152,000 and powered by a 49-killowatt-hour battery and a range-extender gasoline engine, giving it a range of 1,000 km.

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Hyundai says EVs are ‘top priority’ in the US with massive $7.6B Metaplant opening soon

Baua Electric

Hyundai Motor Group CEO Chang Jae-hoon confirmed EVs are “the top priority” in the US as construction on its massive $7.59 The comments come as construction on the Hyundai Motor Group Metaplant America (HMGMA) is expected to be complete in Q4 2024. 2024 Hyundai IONIQ 5 (Source: Hyundai) Although Hyundai Motor has invested $7.59

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CATL still dominates the EV battery market share in 2024, but BYD is gaining ground

Baua Electric

CATL still owns over a third of the market, but BYD looks to close the gap with new lower-priced EVs. The new factories come in addition to the six already planned in Germany, Thailand, Hungary, Indonesia, and two in the US. With a series of new, low-priced vehicles hitting the market, BYD looks to close the gap throughout the year.

BYD 52
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Here’s how China’s BYD is working on its image problem

Baua Electric

While European automakers have been shifting over to direct sales à la Tesla, China’s BYD, for Build Your Dreams, along with Chinese peers Xpend and Great Wall Motor are looking to dealers to build sales and provide networks to help their brands build solid reputations and trust among Europeans. Last year, the company sold 1.6

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