Hyundai to manufacture fuel cells in China
Hyundai plans to build a factory for fuel cell systems in Guangzhou. The plant in China’s Guangdong province will be Hyundai’s first fuel cell production base outside South Korea.
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SAIC & Alibaba set up Zhiji Auto for electric car label IM
SAIC and Alibaba have moved fast to install their electric car joint venture. Zhiji Auto presented the first two models under the IM label for “Intelligence in Motion”. Battery cells come from CATL.
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BYD presents new hybrid powertrain DM-i
BYD has unveiled a new plug-in hybrid powertrain called DM-i, which is expected to reduce fuel consumption to 3.8 litres per 100 kilometres. Three BYD models will initially be equipped with the DM-i hybrid system, which is now entering series production: The Qin, the Song and the Tang.
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Xpeng plans expansion to Europe
The Chinese electric car manufacturer Xpeng wants to decide within the next four months which European countries to enter next. In an interview, Xpeng President Brian Gu also indicated that production of electric cars in Europe was also conceivable in future.
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Foxconn & Geely launch EV manufacturing partnership
Long-time Apple supplier Foxconn and Chinese automaker Geely are entering into a partnership. With the planned joint venture, in which both partners will each hold half of the shares, Geely and Foxconn intend to offer contract manufacturing and consulting services in electric mobility.
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Tesla Model Y gets one-piece rear frame + News from Tesla China
Tesla is now using the announced one-piece rear frame in Model Y production in Fremont. Meanwhile, Tesla is planning the next steps for expansion in China.
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Xpeng announces another electric sedan
The Chinese electric car manufacturer Xpeng has announced another electric sedan. This will be the third model in the portfolio alongside the G3 compact SUV and the P7 sporty sedan. Large-scale production is set to start before the end of 2021.
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Nio presents new flagship electric sedan ET7
Nio has unveiled its new flagship, the ET7 electric sedan with advanced autonomous driving features. It follows the three previous electric cars ES8, ES6 and EC6 and is now available for pre-orders as a debut special edition.
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Tesla plans new entry level model for 2022 in China
Tesla could launch a significantly cheaper model as early as next year. This is the result of new information from China, which refers to an environmental report of the Californian electric car manufacturer for the Gigafactory 3 in Shanghai.
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CATL aims for another 130 GWh capacity in China
Battery cell manufacturer CATL has announced plans to invest 39 billion yuan (around 5 billion euros) in expanding its production capacities in China. This is to expand production capacity by 130 GWh at three plants.
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Baidu considers producing EVs in Geely factory
A few weeks ago, it became clear that the Chinese technology group Baidu is looking into entering the production of electric cars. New information now shows that the production of electric cars will apparently take place in existing Geely plants.
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Tesla introduces standard range Model Y
In the USA, the Tesla Model Y can now also be ordered with a smaller battery pack and rear-wheel drive. In addition, the third row of seats can be ordered for this version, which turns the Model Y into a seven-seater.
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Nio launches used car service ‘Nio Certified’
Nio is launching a used car service called ‘Nio Certified’ and has set up a nationwide business network for it, offering the buying and selling of vehicles and services such as inspections and valuations. Within five years, Nio plans to invest 3 billion yuan (380 million euros) in the service.
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High demand for the Model Y in China
Tesla is apparently experiencing high demand for its Model Y in China. After the series production of the Model Y was started in Shanghai a few days ago and the first deliveries were promised for January. Now the Tesla website for China lists the second quarter of 2021 as the delivery date for new orders.
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WM Motor signs Enel X as strategic partner
Enel X has signed a strategic agreement with Chinese electric car manufacturer WM Motor to launch collaborations in a number of different fields in electric mobility. The target markets that the duo will jointly target are Europe, China, Southeast Asia, the Middle East and South America.
Weiterlesen CATL aims for 230 GWh production in 2021
CATL wants to massively expand its production capacities for battery cells, to 230 GWh this year and to 1,200 GWh in 2025. In parallel, the Chinese battery manufacturer is aiming to expand to Japan, Indonesia, the USA and Europe.
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Smart developing electric SUV on Geely platform
The relaunch of the Smart brand in the form of the Chinese joint venture with Geely is becoming more concrete: The first model is to be an electric SUV, which will also be offered in Europe.
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EV sales in China increase as 2020 ends
China’s largest electric car manufacturers have released their December 2020 sales figures, taking stock of the year as a whole. Towards the end of 2020, BYD and WM Motor both made gains, as did Nio and Xpeng Motors. The latter duo posted new sales records for December.
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China lowers private EV subsidies by 20%
Lower subsidy rates for electric cars and plug-in hybrids will apply in China from the new year. At 20 per cent, the reduction compared with 2020 is twice as high for private individuals as announced in the spring. Originally, the subsidies were to be phased out entirely at the end of 2020.
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Tesla to get lithium from China’s Yahua Group
Tesla has signed a contract with the Chinese Sichuan Yahua Industrial Group to supply battery-grade lithium hydroxide for the next five years. According to a report from the Shenzhen Stock Exchange, the contract is worth between 513 and 716 million euros.
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Model Y serial production kicks off in Shanghai
Tesla has started series production of the Model Y in Shanghai and lowered the model’s prices. There are also some changes to the Model 3 built in China to kick off the year.
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LG Electronics & Magna start EV joint venture
LG Electronics and Magna have announced a joint venture to manufacture electric motors, inverters and onboard chargers. The joint venture, tentatively named ‘LG Magna e-Powertrain,’ will also manufacture complete electric drive systems for automobile manufacturers.
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China: BYD to build 20 GWh battery plant in Bengbu
BYD is planning a new factory for electric vehicle batteries with an annual production capacity of 20 GWh in the city of Bengbu in Anhui province, China. The total investment for the production facility is expected to amount to six billion yuan, about 750 million euros.
Weiterlesen Xpeng launches delivery of G3 electric SUV in Norway
Chinese manufacturer Xpeng has started delivering its electric cars to customers in Norway. One hundred units of the Xpeng G3 electric SUV are currently being handed over to their new owners in 28 Norwegian cities. Prices start at 358,000 kroner, the equivalent of around 33,700 euros.
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Tesla gears up for Model Y production in China
Tesla has started production of the Model Y in Shanghai. A drone video shows around 40 units of the Model Y in a parking lot of the plant. Elon Musk indirectly confirmed the start of production on Twitter and wrote that he plans to travel to Shanghai in January, possibly for delivery launch.
Weiterlesen CATL plans to build battery plant in Indonesia
Chinese battery cell manufacturer CATL plans to invest five billion US dollars in a battery factory in Indonesia. According to the Indonesian government, Tesla will also send a delegation next month to discuss possible investments in a supply chain for its electric cars.
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CATL buys into Neo Lithium
Chinese battery giant CATL is taking a roughly $8.5 million Canadian dollar-stake in mining company Neo Lithium in exchange for about eight per cent of the company’s stock. The Canadian company holds mineral and surface rights to a newly discovered lithium salar and brine reservoir complex in Argentina.
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Tesla pauses Model S and X production
Production of the Model S and Model X in Fremont will be halted for just under three weeks. This is fuelling speculation that both models might be getting a refresh. Meanwhile, according to reports from China, Tesla has now also begun production of the performance version of the Model 3.
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Mercedes reveals production locations for EQ ramp up
Mercedes-Benz is now providing a comprehensive overview of the production sites for its electric offensive for the EQ brand. Production of the EQA at the Rastatt plant in Germany among others has already started ahead of the model’s world premiere on 20 January 2021.
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BYD and Proterra to grow global e-bus production capacity
Two major electric bus manufacturers are responding to rising demand as BYD plans to expand its plant in Hungary extensively. The US manufacturer Proterra is one step further and has now opened a new battery production line at its plant in Los Angeles.
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