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China is Unhappy with the Inflation Reduction Act and Has Complained to the WTO

The Truth About Cars

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. With an eye on reducing America’s dependence on Chinese batteries and materials, the Act incentivizes automakers to source materials from free-trade-compliant countries and build EVs in North America. others might.

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After chiding Ford for US CATL battery plan, GM may be seeking its own

Baua Electric

battery-supply deal with China’s CATL, Car News China reports. The deal reportedly being discussed would bring that partnership to North America in the form of a joint battery plant located in either the U.S. or Mexico, along with a GM license agreement for CATL’s LFP battery tech. car manufacturing.”

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The new breed of dual-cab ute: 2025 BYD Shark 6 PHEV to hunt down Ford Ranger and Toyota HiLux from next month – but can it convince you to abandon diesel?

EV Central

BYD Shark plug-in hybrid ute to cost less than a mid-spec Ford Ranger or Toyota HiLux Giving it the edge over the Blue Oval plug-in ute, the BYD gets a larger 29.5kWh battery that is claimed to give the Shark 6 up to 80km of electric-only driving range, which is almost double the circa-45km of the upcoming Ranger PHEV.

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Who’s Leading the Shift Away from Internal Combustion Engine Automobiles?

Clean Fleet Report

Austin, TX BYD leads in sales in China–and its cars are starting to show up elsewhere in the world, such as the Shark pickup that’ being built and sold in Mexico Electric vehicles (EVs) are powered by an electric motor that draws electricity from a battery that can be charged from an external source. — Mike B.,

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Sona Comstar adopts 3-pronged strategy to beat China globally in EV parts supply – ET Auto

Baua Electric

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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Tesla led in 2023 global EV sales, but BYD outsold it in Q4

Baua Electric

Tesla and Chinese automaker BYD were the two global contenders for most EV sales in 2023. Tesla has used price cuts to help jolt sales, but BYD has its own battery business, giving it greater control over prices. Its new Blade battery, focused on safety and longevity , has earned a good reputation already.

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If $50,000 EVs still lose $6,000, when will EVs become profitable?

Baua Electric

BCG estimates that most automakers lose around $6,000 on each EV they effectively sell for $50,000, that price accounting for any tax credits or other incentives the customer might be eligible for. market if heavily-subsidized Chinese EVs ever break through here. market if heavily-subsidized Chinese EVs ever break through here.