Green Car Congress

SEPTEMBER 5, 2023

Demand for manganese in batteries is set to grow over eight-fold this decade, due to new battery chemistries and rising electric vehicle sales, according to Benchmark’s Manganese Sulphate Market Outlook. New battery chemistries are expected to use even more manganese.

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Baua Electric

JANUARY 10, 2025

With sales surging nearly 50% last year, the EV5 helped Kia sell over 200,000 vehicles in China for the first time in four years. How is Kia keeping up with the EV sales surge in China? China has emerged as a global force in the auto industry as electric sales continue to surge. from the prior year.

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Baua Electric

SEPTEMBER 17, 2024

A new low-cost electric car is rolling out to global markets, and it’s not from China. Tran Mai Hoa, VinFast’s Deputy CEO of Sales and Marketing. VinFast VF 3 interior (Source: VinFast) VinFast’s mini electric SUV will challenge low-cost EVs from China in the Philippines. It is available with 49.9 kWh or 60.48

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Baua Electric

JULY 26, 2024

Toyota is planning to build a new EV battery plant on Japan’s “Silicon Island” to keep pace with BYD and other incoming Chinese electric car makers. Although Toyota has been one of (if not the) biggest laggards in the global shift to electric cars, the Japanese automaker realizes it needs to compete with Chinese EV makers like BYD.

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Electrek

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia is following in Ford’s footsteps after suddenly announcing plans to introduce more hybrids as it expects slower EV demand.

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Baua Electric

AUGUST 15, 2024

Ford is doubling down on plans to launch low-cost EVs after showing dealers several new renderings. The latest images revealed electric sedans, crossover SUVs, and pickups that could hit the market to challenge Tesla and Chinese EV leaders like BYD. Ford looks to match Chinese OEMs and Tesla with low-cost EVs.

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Green Car Congress

AUGUST 2, 2019

Nidec has been expanding and strengthening its automotive motor business ( earlier post ), one of the company’s strategically critical businesses, by setting the business’ target sales amount to 700 billion to one trillion yen (US$6.5 billion to US$9.3 billion) under Vision 2020, the company’s mid-term strategic goal. billion) in 2030.

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Green Car Congress

MAY 18, 2018

At the same time, consumption of graphite electrodes in electric arc furnaces (EAFs) began to rise as the Chinese government took steps to halt production of poor quality induction furnace steel. Scrap steel was banned from sale to such furnaces in early 2017, becoming available for use in EAFs. Mt in 2017.

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Green Car Congress

NOVEMBER 24, 2019

The researchers found that the most important, interrelated factors that impact alternative vehicle adoption include cost, driving range, and charging convenience. They concluded that as production volumes increase, battery costs and the purchase price of electric vehicles will decrease, which will in turn drive sales.

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Baua Electric

NOVEMBER 13, 2024

BYD officially announced plans to launch in South Korea with its low-cost EVs poised to challenge Hyundai and Kia on their home turf. The company is establishing a sales and service network in the region as it finalizes the details. The low-cost electric SUV starts at just $30,700 (42.08 million won). million won).

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Baua Electric

JULY 30, 2024

CEO Jim Farley emphasized Ford’s (not-so-secret) low-cost EV platform is progressing in Long Beach as former Tesla, Rivian, Lucid, and Apple execs aim to develop some of the world’s most efficient electric cars. As the American automaker struggles to stay afloat in Europe, low-cost EVs could be Ford’s savior.

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Baua Electric

SEPTEMBER 25, 2024

Volvo has no plans to challenge low-cost EVs in China as the ongoing price war intensifies. The EX30, Volvo’s cheapest EV, starts at around $28,000 (200,800 yuan), but that’s as low as the company will go. Volvo adjusted its 100% EV sales goal and now expects 90% to 100% of global sales to be electrified by 2030.

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Baua Electric

DECEMBER 27, 2024

In its first full sales month, over 4,300 L60 models were sold, or roughly one-fifth of NIOs total sales in October. NIO president Qin Lihong said in an interview with Chinese media CGTN (via CnEVPost ) that the EV maker aims to expand to up to 25 different countries and regions by the end of 2025.

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Baua Electric

DECEMBER 19, 2024

In its first full sales month, over 4,300 Onvo L60 models were sold, or about a fifth of NIOs nearly 21,000 vehicles sold in total in November. After a hot sales start at home, NIO is now launching its low-cost EV overseas. With the EU raising duties, NIO, including its Onvo brand, faces a 31% import tariff in the EU.

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Teslarati

MAY 7, 2024

The numbers are quite similar to February 2024, a month whose results were slowed down by the 2024 Chinese New Year holiday. Both the Model 3 and Model Y are Tesla’s mass market cars and comprise the lion’s share of the company’s sales. Don’t hesitate to contact us with news tips.

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The Truth About Cars

FEBRUARY 29, 2024

Chinese automaker BYD has been seeking to build an automotive plant in Mexico, with the company’s regional chief executive confirming the plan on Wednesday. manufacturing advocacy group, the Alliance for American Manufacturing, this month warned low-cost Chinese cars and parts could threaten the viability of auto companies in the U.S.

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Green Car Congress

OCTOBER 30, 2022

Most eVTOL manufacturers are targeting 2023 for the start of commercial operations, and the IDTechEx report provides forecasts in unit sales and battery demand through 2042. Today, city trucks in China are predominantly hitting the roads as Chinese manufacturers leverage their experience in electric buses and battery production.

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Baua Electric

FEBRUARY 29, 2024

2024 has so far served up a series of obstacles impacting EV sales, and automakers have been left scrambling. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them. The post Renault and VW may partner on low-cost BEV minicar appeared first on Bauaelectric Auto News.

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Baua Electric

NOVEMBER 19, 2024

NIO-branded vehicles accounted for 16,657 of the nearly 21,000 models sold last month, while its new mainstream Onvo brand contributed 4,319 in its first full sales month. By October, the Chinese EV maker opened its first overseas showroom in Norway. FTC: We use income earning auto affiliate links.

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CN EV Post

APRIL 8, 2024

between Spacex and Tesla) , the vertical integration model for minimizing COGS, etc. The reality is this : no-one is in Tesla's league.

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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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Teslarati

AUGUST 3, 2023

These include BYD, which outsell Tesla in China in terms of New Energy Vehicles (NEVs) sales. BYD’s sales of pure electric cars lag against Tesla’s, but in terms of raw NEV volumes, the Chinese automaker is far ahead of the American EV company. India is an increasingly important market in the auto industry.

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Green Car Congress

FEBRUARY 19, 2010

Under these mild catalytic conditions, less expensive reactor components are required, pipeline grade methane is produced, and very low cost carbon sources (such as lignites, sub-bituminous coals, tar sands, petroleum coke and petroleum resid) can be used as feedstocks.

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Baua Electric

SEPTEMBER 18, 2024

After launching its new low-cost electric SUV, the EV5, Kia is already seeing the results, as brand sales in China topped 20,000 for the third straight month in August. Kia EV5 battery options and range (Source: Kia) According to Kia’s Chinese joint venture partner, Jiangsu Yueda Kia, the EV5 is already making an impact.

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Baua Electric

OCTOBER 2, 2024

In September, the EX30 was the third best-selling Volvo model as EVs approached a quarter of global sales. Volvo EX30 drives EV sales growth in September Volvo sold 62,458 vehicles globally in September, an increase of 1% from last year. In Europe, Volvo’s sales reached 31,276 last month, up 32% compared to September 2023.

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Baua Electric

AUGUST 28, 2024

BYD credited the Q2 profit surge to rebounding vehicle sales, which reached a new record. BYD record vehicle sales lead to higher Q2 profits BYD announced net income reached RMB 9.06 billion), driven by higher vehicle sales. Although most of BYD’s sales are still in China, the company is quickly expanding overseas.

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Baua Electric

FEBRUARY 3, 2025

With overseas sales surging 83% last month, BYD is looking for even more market share in 2025. BYD sets new overseas EV sales record in January 2025 BYD sold over 300,500 new energy vehicles (NEVs) last month, up nearly 50% from January 2023. BYDs commercial vehicle sales reached 4,092, up 793% from January 2023 (474).

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Baua Electric

AUGUST 2, 2024

Although Ford’s EV sales rose by double-digits in July, fewer SUV sales led to lower US growth. Ford’s vehicle sales fell flat as new, updated models hit the market. The Mustang Mach-E and F-150 Lightning both had double-digit sales growth. Mustang Mach-E sales climbed 16%, with 4,592 sold in July. 52,422 +63.9%

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Baua Electric

JULY 16, 2024

According to the latest sales data, BYD accounted for nearly 3% of Japan’s EV market in the first half of 2024. A year and a half later, the Chinese automaker is already making a big statement as it cuts into Japan’s hard-to-crack auto market. BYD led the charge in Japan as EV sales continued climbing.

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Baua Electric

JANUARY 13, 2025

In a historic win, BYD officially outsold Toyota in EV sales on its own h ome turf for the first time last year. BYD EV sales in Japan topped Toyota in 2024 After squeezing legacy automakers out of China with its low-cost electric cars, BYD is making a strong push into overseas markets. Toyotas electric SUV starts at 5.5

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Baua Electric

JANUARY 30, 2025

However, EV sales accounted for about 1% of Toyotas global volume as it continued to lag the industry. Toyota EV sales continued lagging in 2024 at only 1% Toyota held onto the title for the fifth straight year after selling over 10.8 from 2023), Toyotas global sales slipped for the first time in two years. from the roughly 11.2

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Baua Electric

JUNE 21, 2024

Sales are surging after launching its cheapest EV in Brazil in March, the $20,000 (99,800 BRL) Seagull (called the Dolphin Mini overseas). Chinese vehicles accounted for 40% of the total, as imports surged 450% from Q1 2023. YOY in the first three months of 2024. With higher prices, BYD makes more on EVs sold in Europe than in China.

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Baua Electric

MARCH 4, 2024

Ford’s EV sales climbed 80% year-over-year (YOY) in February following aggressive price cuts last month. Ford EV sales climb in February following price cuts After EV sales slipped 11% last month in EV sales last month, Ford saw a big improvement in February with 6,368 all-electric vehicles handed over, up 80.8%

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Baua Electric

JANUARY 27, 2025

Despite its vehicles selling for less than $17,000 on average, BYD topped Mercedes-Benz and Volkswagen, ranking first in car sales revenue in China last year. BYD ranked first in car sales revenue in China in 2024 BYD capped off an impressive run in 2024, selling over 500,000 vehicles for its third straight month in December.

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Baua Electric

JANUARY 27, 2025

Despite its vehicles selling for less than $17,000 on average, BYD topped Mercedes-Benz and Volkswagen, ranking first in car sales revenue in China last year. BYD ranked first in car sales revenue in China in 2024 BYD capped off an impressive run in 2024, selling over 500,000 vehicles for its third straight month in December.

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Baua Electric

SEPTEMBER 30, 2024

Jeep and Dodge’s parent company, Stellantis, will offer hefty discounts and reduce output as it looks to reverse plunging US sales. Stellantis warned of significantly lower profits this year as US sales fall. It’s also facing rising low-cost competition from China globally. It costs $73,190.

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Baua Electric

NOVEMBER 14, 2024

With the help of Haomo, a Chinese autonomous startup, Hyundai will launch its first EV equipped with generative AI. A Hyundai Motor official said (via The Korea Herald ) the company is “working to load the software” onto the new EV model, “which will be released in the Chinese market next year.” Tesla was second with a 6.5%

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