Baua Electric

JUNE 10, 2024

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. “Is BMW certain that it is not currently importing vehicles containing components produced by JWD?

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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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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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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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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

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 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

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.

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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. That Chinese company was added to the UFLPA Entity List in December, which means its products are presumed to be made with forced labor.

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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

APRIL 12, 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.

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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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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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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

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

APRIL 24, 2024

Chinese tech company Huawei unveiled on Wednesday a new software brand for intelligent driving , marking its latest push to become a major player in the electric vehicle industry.

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Baua Electric

APRIL 8, 2024

But he added that while a shortage of chips were a big constraint for the development of AI so far, electricity supply will be crucial in the next year or two. He has previously warned that Chinese rivals will demolish global rivals without trade barriers.

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Baua Electric

JUNE 24, 2024

Auto industry observers see Hyundai Motor Group’s recent lithium hydroxide supply deals as a sign that the group is focusing on adopting high-capacity NCM batteries to boost the driving range of its future EV models.

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Baua Electric

JUNE 26, 2024

The others including 17 Chinese have yet to be identified due to the severity of damage to the bodies. Its parent company, S-Connect, supplies lithium-ion battery parts to Samsung SDI, one of the country’s major secondary battery makers. Only three of the dead – who were South Korean men – have been identified.

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Baua Electric

MARCH 25, 2024

Australia’s Pilbara Minerals has agreed to a study with Chinese customer Ganfeng Lithium on options to build a 32,000 metric-ton-per-year lithium conversion facility in a country yet to be decided, the companies said on Monday. It has committed to supply 300,000 tonnes of spodumene a year for the project if it goes ahead.

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Baua Electric

MARCH 14, 2024

Nio currently buys most of its batteries from CATL and has been exploring battery supplies from new partners such as CALB. Chinese electric vehicle maker Nio on Thursday signed a partnership agreement with battery giant CATL to develop longer life batteries as part of efforts to lower overall EV costs.

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Baua Electric

FEBRUARY 29, 2024

CATL plans to supply automakers with 173 Ah VDA-spec LFP cells boasting 2.2C However, challenges such as charging infrastructure and market regulations remain, particularly in regions like the US where protectionist policies hinder access to competitively priced batteries from Chinese manufacturers like CATL and BYD.

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Baua Electric

MARCH 18, 2024

While China’s 15% target is considered to be relatively unambitious, it would still cut emissions from the Chinese steel sector by 8.7%, with CO2 per ton around 38% lower than conventional blast furnace products, GEM said. Currently, most of China’s steel scrap supplies are used by traditional blast furnaces.

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Baua Electric

JUNE 21, 2024

This includes extending supply chains upstream to customers and downstream to suppliers, thereby bringing more players into the Industry 4.0-enabled Adopting these practices can uplift the entire automotive supply chain, particularly benefiting tier 2 and tier 3 suppliers, who form the widest part of the automotive supply chain pyramid.

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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. Another 100 could find a home at a nearby Siemens mobility plant that supplies rail companies.

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Baua Electric

APRIL 4, 2024

Last week, the Moroccan government gave the green light for Chinese electric battery maker BTR New Material Group to build a factory near Tangier to produce key component cathodes. “BTR and CNGR or other plants will be able to supply gigafactories in Morocco and abroad,” he said. billion in eventual investment.

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Baua Electric

JULY 18, 2024

Moreover, the company holds 50% of the domestic market share for nickel sulphate, which it hopes to increase by signing a long-term contract for nickel sulphate supply with a South Korean EV battery manufacturer. Just by debottlenecking, the company hopes to achieve 10 kilo tonnes per annum (KTPA) production capacity in the next six months.

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Baua Electric

APRIL 26, 2024

Huawei Technologies has two huge booths at this week’s event, and there are at least seven Chinese automakers touting its Qiankun installed in their cars as the most sophisticated advanced driving assistance system (ADAS) to date. ” said Evangelos Simoudis, an investor and corporate adviser.

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Baua Electric

JUNE 14, 2024

Many Chinese makers of electric cars are introducing advanced assisted driving features on their mass-production cars. Across China, 16 or more cities have allowed companies to test driverless vehicles on public roads, and at least 19 Chinese automakers and their suppliers are competing to establish global leadership in the field.

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Baua Electric

JANUARY 11, 2024

South Korea’s SK On plans to start mass producing lithium iron phosphate (LFP) batteries as early as 2026 to supply several automakers as it pushes to deliver a lower cost battery chemistry favoured by its Chinese rivals, a senior executive said. We have to compete with the Chinese LFPs. We are flexible.”

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Baua Electric

JANUARY 7, 2024

The Chinese government’s potential moves, including lowering the Required Reserve Ratio (RRR) for major banks, could further energize metal demand and support copper prices. The report also highlights that global copper supply may face disruptions due to issues in major producing countries like Chile , Peru, and Panama.

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Baua Electric

MAY 20, 2024

For now, there’s a patchwork of spot price references — and nascent futures markets — but little consistency on how to value each unit of lithium as it flows along a supply chain from mines to electric vehicles. There’s also growing divergences between different products as the supply chain matures. Then, BHP Group Ltd.

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Baua Electric

JULY 20, 2024

The European Union and Serbia signed a deal Friday to develop the supply of lithium seen as a crucial building block to achieve Europe’s transition to a green economy. Vucic also said the country’s lithium exports would be sold only to European partners for the time being, despite interest from Chinese manufacturers.

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Baua Electric

JUNE 4, 2024

The new ACC sites are among dozens of battery projects emerging in Europe as it seeks to reduce reliance on Chinese producers that dominate the market. As a result, it has stopped work on the factories in Kaiserslautern, Germany, and Termoli, Italy, to evaluate the viability of developing LFP technologies at the sites.

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Baua Electric

JANUARY 10, 2024

Chinese automaker Zeekr will be the first automaker to use Intel’s AI system on a chip to create “an enhanced living room experience” in vehicles, including AI voice assistants and video conferencing, Intel’s automotive business chief Jack Weast said ahead of the CES technology show in Las Vegas.

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Baua Electric

APRIL 28, 2023

Lithium prices rebounded this week for the first time in five months after tumbling from record highs, but new supply of the key mineral for electric vehicle (EV) batteries coming on stream is likely to weigh on the market next year. A decision by world No. in January, partly due to the end of EV subsidies, after 90% growth in 2022.

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Baua Electric

JULY 22, 2024

To ensure reliable energy supplies, grids dominated by renewables need “firming” capacity: back-up technology that can supply electricity on demand. Sodium-ion batteries: pros and cons Energy storage collects excess energy generated by renewables, stores it then releases it on demand, to help ensure a reliable supply.

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