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BYD sells 18,220 EVs in China in November, up 128% year-on-year

Green Car Congress

Chinese automotive manufacturer BYD sold 18,220 pure-electric passenger vehicles in November, up by 22.1% China’s NEV industry was hit by the Covid-19 outbreak in this year’s first quarter. from October and by 127.8% from a year earlier. November sales of plug-in hybrids passenger vehicles hit 7,333, up by 2.9% on the year.

BYD 294
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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

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 price decline indicates a deterioration in the local steel market, reported Nikkei Asia. per cent, 1.3

Chinese 40
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China EV industry sell-off creates opportunity, says Morgan Stanley

CN EV Post

Shares of major Chinese electric vehicle (EV) makers have generally suffered a sell-off so far this year, as the sector's weak sales at the start of the year and recent widespread price wars have raised investor concerns.

Industry 107
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Argus: China’s Southern Rare Earth ups Tb, Ho, Gd, Dy prices; rising magnet demand

Green Car Congress

Chinese medium and heavy rare earths producer Southern Rare Earth has continued to raise its weekly prices for terbium, holmium, gadolinium and dysprosium, supported by a shortage of spot supplies and firmer magnet demand, according to Argus.

Price 170
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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

Green Car Congress

a provider of next-generation lithium-ion battery cells, modules and systems ( earlier post ), has entered a multi-year agreement to provide lithium-ion battery systems to Beijing Electric Vehicle Company (BJEV), the electric vehicle delivery arm of Beijing Automotive Industry Company (BAIC). They are the real market.

Boston 265
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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. Click to enlarge. In DB’s Fall 2009 note, they had forecast 12% growth.

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A123Systems Raises $69 Million in New Round of Private Financing; GE Increases Ownership to More than 10%, Director of GE Global Research to Join Board

Green Car Congress

In addition to the private capital, A123 is seeking funds under federal and state stimulus and other programs to ramp up its production capabilities in Michigan. A123 was recently awarded battery development and supply contracts for Chrysler’s first generation electric vehicle line-up and the Chinese automaker SAIC Motor Corp.’s

Financing 150