Latest News for: China electric car

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Record Electric Car Sales as Governments Double Down on Support, Reports IDTechEx

Longview News-Journal 18 Aug 2022
Indeed, electric car sales for the first half of 2022 reached ~3.5 million, according to IDTechEx research. To learn more, the new IDTechEx report, "Electric Cars 2023-2043", provides a deep dive into future automotive markets with granular forecasts ... China remains the largest regional electric car market in IDTechEx forecasts over the next 20 years.
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Geely out to sell more electric vehicles

Business Day 18 Aug 2022
It has introduced stand-alone EV brands such as Zeekr and in July unveiled an electric pickup truck marque, stepping into a sector with fairly low penetration in China ... Electric vehicles sales in China are forecast to hit 6-million this year as demand for cleaner cars surges, the China Passenger Car Association said earlier this month.
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Why buying an electric car just became more complicated

San Francisco Examiner 18 Aug 2022
One incentive is the extension of a tax credit for the purchase of electric cars and trucks that can be worth up to $7,500 ... Cars made by ... A central aim is to make the United States less reliant on China, which currently controls much of the supply chain of electric car batteries.
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How to encourage electric-car use

Economist 18 Aug 2022
The ira offers subsidies to ev buyers, including rebates of up to $7,500 for new cars and $4,000 for used ones ... It calculates that on average $10,000 or so is required to encourage the purchase of an electric car ... The most cost-effective means of promoting electric cars, however, come with a near-zero cost.
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Shanghai Composite Index Fell 0.46% on Thursday

Caixin Online 18 Aug 2022
China’s benchmark Shanghai Composite Index (000001.SH) lost 0.46% on Thursday, while the Shenzhen Component Index (399001.SZ) fell 0.62% ... · China Tries Debt Guarantees to Help Developers Borrow Money ... China’s top electric-car and battery maker joins CATL and Gotion High Tech with investments in lithium-rich Yichun city.
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Car-Sharing’s History of Failed Ambitions

Tu Automotive 18 Aug 2022
Within a year, car2go was active in 26 cities in Europe, North America and China, offering more than 14,000 Mercedes-Benz and Smart cars, and fully electric fleets were in four locations ... Eventually, DriveNow expanded its service to 12 locations in Europe, with a fleet of some 6,500 BMW and MINI cars, as well as fully electric cars like the BMW i3.
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A reliance on Chinese goods

The Irish Times 18 Aug 2022
I’m thinking of buying an electric car in the near future, and had checked out a number of brands online, including MG and Polestar, both made in China and now available in Ireland. However, if China invades Taiwan, international sanctions will inevitably ...
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Temperature extremes: China's worst heatwave in 60 years is forcing factories to close as temperatures ...

Sott 18 Aug 2022
China's Sichuan province has ... The province is also China's lithium mining hub — a key component of electric car batteries — and the shutdown may push up the cost of the raw material, analysts said.
photo: Creative Commons
Cars parked in front of Tesla company building
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Tesla cuts delivery waiting time for Model Y in China to a minimum of 4 weeks

Khaleejtimes 18 Aug 2022
On Thursday, electric auto giant Tesla said that it had slashed the delivery waiting time for its Model 3 and Model Y cars in China, as it ramps up output at its Shanghai plant after upgrading production lines ... Tesla previously said a buyer in China had to wait for eight to 24 weeks after placing an order for the best-selling models.
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Cipia awarded additional design win with carmaker Chery

Longview News-Journal 18 Aug 2022
The latest win increases the total number of design wins for Cipia globally to 25 vehicle models, on 8 different platforms across 5 car manufacturers. Cipia's OEM customers currently include an electric car manufacturer in the US, SAIC Motors, Chery, an American car brand in China, and one additional leading car manufacturer in China. About Cipia..
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China facing fiercest heat wave in 6 decades, forcing factories to close

Beijing News 17 Aug 2022
China's worst heatwave in 60 years is forcing factories to close with temperatures crossing 40 degrees Celsius (104 degrees Fahrenheit) in dozens of cities ... The province is also China's lithium mining hub -- a key component of electric car batteries -- and the shutdown may push up the cost of the raw material, analysts said.
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China’s EVE to supply BMW with EV batteries in Europe

Business Day 17 Aug 2022
ShanghaiChina’s EVE Energy will supply BMW with large cylindrical batteries for its electric cars in Europe, two people with knowledge of the matter said, as the German automaker follows Tesla in adopting the new technology ... Company filings also show EVE is planning a large cylindrical battery plant in central China.
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Shanghai Composite Index Rose 0.45% on Wednesday

Caixin Online 17 Aug 2022
China’s benchmark Shanghai Composite Index (000001.SH) gained 0.45% on Wednesday, while the Shenzhen Component Index (399001.SZ) rose 1.01% ... · Sichuan Rations Electricity for Factories as Drought Curbs Supply ... China’s top electric-car and battery maker joins CATL and Gotion High Tech with investments in lithium-rich Yichun city ... · Trending in China.
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EXCLUSIVE China's EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources

Gulf Daily News 17 Aug 2022
China's EVE Energy Co Ltd will supply BMW with large cylindrical batteries for its electric cars in Europe, two people with knowledge of the matter said, as the German automaker follows Tesla Inc in adopting the new technology ... Company filings also show EVE is planning a large cylindrical battery plant in central China.
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Exclusive-China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources

FX Empire 17 Aug 2022
SHANGHAI (Reuters) – China’s EVE Energy Co Ltd will supply BMW with large cylindrical batteries for its electric cars in Europe, two people with knowledge of the matter said, as the German automaker follows Tesla Inc in adopting the new technology ... Company filings also show EVE is planning a large cylindrical battery plant in central China.

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Canadian Prime Minister Justin Trudeau, fourth from left, speaks to Chinese President Xi Jinping, third from right, during a meeting at the Diaoyutai State Guesthouse in Beijing, Dec. 5, 2017
AP / Fred Dufour/Pool Photo
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