Geely Holding Welcomes New Investors in Zeekr

Credit to Author: Press Release| Date: Fri, 17 May 2024 01:28:20 +0000

Hangzhou, China — Zhejiang Geely Holding Group (Geely Holding), China’s largest private-owned automotive group, this week welcomed new equity investors to Zeekr, global premium electric mobility technology company following the completion of an initial public offering on the New York Stock Exchange. Shares of the new publicly listed company will … [continued]

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European Made Batteries Could Be 60% Less Carbon Intensive Than Chinese — Analysis

Credit to Author: Transport & Environment (T&E)| Date: Mon, 13 May 2024 23:14:45 +0000

But over half of Europe’s battery production plans are at risk without stronger government action. Onshoring the EV supply chain to Europe would cut the emissions of producing a battery by 37% compared to a China-controlled supply chain, according to new analysis by Transport & Environment (T&E). This carbon saving rises to … [continued]

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Biden To Set 100% Tariff On Electric Cars Made In China — Solar Panels May Be Next

Credit to Author: Steve Hanley| Date: Sun, 12 May 2024 15:41:21 +0000

Electric cars and solar panels from China will be hit with higher tariffs by the Biden administration this week.

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More Electric Trucks Coming To US, But China Still Leads

Credit to Author: Steve Hanley| Date: Sun, 12 May 2024 03:00:22 +0000

The number of electric trucks on the road is increasing both in the US and in other countries such as China.

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Ember Claims Renewable Energy Is Taking Market Share Away From Thermal Generation

Credit to Author: Steve Hanley| Date: Fri, 10 May 2024 15:04:09 +0000

Ember has issued a new report that claims renewable energy is beginning to push thermal generation out as a source of electricity.

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NIO & GAC Become Partners On Charging & Swapping

Credit to Author: Press Release| Date: Wed, 08 May 2024 21:55:53 +0000

Guangzhou, Guangdong, China — NIO and Guangzhou Automobile Group Co., Ltd. (“GAC Group”) signed a strategic cooperation agreement on charging and swapping in Guangzhou, Guangdong Province. The two will engage in comprehensive and in-depth strategic cooperation in areas related to charging and swapping, including battery standards, vehicle R&D and customization, … [continued]

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European Commission Sharpens Inquiry Into Chinese EV Subsidies

Credit to Author: Steve Hanley| Date: Mon, 06 May 2024 14:15:05 +0000

Last October, the European Commission opened an inquiry into whether Chinese automakers are the beneficiaries of such significant subsidies by the Chinese government that they have an unfair economic advantage over domestic manufacturers. The question is ridiculous, of course. Everyone on Earth knows the Chinese government has been providing massive … [continued]

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U.S. DOE Releases Final Interpretive Guidance on the Definition of Foreign Entity of Concern

Credit to Author: US Department of Energy| Date: Fri, 03 May 2024 23:38:45 +0000

Final Guidance Provides Clarity on Terms that Restrict FEOCs from Clean Vehicle Tax Credits and Support Growth of Domestic Battery Materials Processing and Manufacturing WASHINGTON, D.C. — Today, the U.S. Department of Energy (DOE) finalized its guidance interpreting the statutory definition of “foreign entity of concern” (FEOC) in Section 40207 of the Bipartisan … [continued]

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The EV Sales Seesaw Continues — Tesla Down In California, Volkswagen Up In China

Credit to Author: Steve Hanley| Date: Thu, 02 May 2024 00:39:34 +0000

Are EV sales up or down? It depends on who you ask and what country your are talking about. The answer is “it depends.”

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Prices Of Some BYD Cars In Export Markets Are Double Or Triple Prices In China

Credit to Author: Steve Hanley| Date: Wed, 01 May 2024 01:15:52 +0000

BYD is selling some models in foreign markets for double or triple what it charges in China. How long can that last?

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