SK On, a leading South Korean electric vehicle
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BMW is lobbying to keep petrol engine cars in production. Good for BMW. Good for German productivity. Meanwhile nobody is lobbying to keep carbon emitting business within the U.K.. Miliband Reeves and co wouldn’t take any notice - even if any one would do so. Better to import from elsewhere. Good for UK productivity or ? BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China - https://lnkd.in/e4AKvFYD
BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China
reuters.com
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ZO MOTORS Expands Nationwide?After-Sales Service Network, Joins Japan Autobody Repair Work Association. ? With the logistics industry advancing toward carbon neutrality, ZO Motors has led efforts to promote zero emission commercial vehicles across Japan. At the same time, Japan Autobody Repair Work Association (JARWA) has been seeking partnership with zero emission vehicle manufacturers to equip its member companies with the specialized maintenance knowledge and safety protocols needed for electric and alternative energy vehicles. ? By joining JARWA, ZO Motors aims to ensure that its vehicles receive optimal reliable maintenance comparable to that of traditional gasoline and diesel models, facilitating the widespread adoption of environmentally-friendly commercial vehicles across Japan. ? To learn more about the partnership, click here:?https://lnkd.in/g9yAPj8j
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August’s auto market saw plugin EVs take 29.4% share in the UK, up from 27.8% year on year. BEVs grew in volume, whilst PHEVs shrank. Overall auto volume was 84,575 units, down 1% YoY and in line with pre-2020 norms. The UK’s leading BEV brand in August was Tesla, with 16% share of the BEV market
Electric Shipping — Looking at the Numbers, Where We Are Today - CleanTechnica
https://cleantechnica.com
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Battery week update: CW04 ?? Korea #SK made $1.8 billion deal to supply electric vehicle batteries to Japanese carmaker #Nissan Motor Co.'s plants in the US Market. source https://lnkd.in/gBVqvHXX
SK On bags $1.8 billion EV battery deal with Nissan ? - KED Global
kedglobal.com
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Chinese version of “cash for clunkers” arrives at an incredibly opportune time for the EV industry.. the US version of this program, back when it was launched in 2009 under President Obama, was a critical pillar of his strategy to revive a flagging economy.. Safe to say, that the same could be expected in China - reviving the economy while accelerating the transition away from fossil fuels.. With so many cheaper EVs flooding the market there is no better time for Chinese households to think about upgrading their aging vehicles to a sleeker, cleaner and more efficient option. CC Tu Le #EV #ElectricVehicles #automotives #energytransition #smartcities #technologypolicy #energypolicy #electrifyeverything
China's New Scrappage Subsidy Scheme As the world pivots towards sustainable solutions, China's latest initiative at the Beijing Motor Show marks a notable stride. The government has introduced a scrappage subsidy program aimed at boosting electric vehicle (EV) adoption. Under this scheme, individuals replacing old combustion engine cars with modern electric or plug-in hybrid models will receive financial incentives up to 10,000 yuan (approx. €1,315). According to Topsperity Securities, this could potentially generate sales worth up to 340 billion yuan (around €43.8 billion). Join the discussion: How will such incentives shape the future of the global car industry?
China introduces scrappage scheme to promote electric cars - electrive.com
electrive.com
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Dongfeng Motor has fully entered the Mexican market: more than 10 new models have been launched, and it will increase investment in new energy models in the Latin American?market
Dongfeng Motor has fully entered the Mexican market: more than 10 new models have been launched, and it will increase investment in new energy models in the Latin American?market
xenluo.xyz
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This is exactly why we (US and its allies) need to hit China with coordinated tariffs on their EVs, EV batteries, EV battery materials and critical minerals. So that we can build our own critical minerals and EV supply chains free from Chinese disruption.
This applies to many industries, not just solar or EVs. Problematic! “In an echo of how China upended the solar panel industry, it has built a staggering amount of auto manufacturing capacity, enough to make more than 50 million passenger vehicles, of all types, a year. That is roughly double domestic demand and enough to satisfy more than half of the global market.”
A ‘Made in China’ Crisis Awaits Big Auto
bloomberg.com
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This applies to many industries, not just solar or EVs. Problematic! “In an echo of how China upended the solar panel industry, it has built a staggering amount of auto manufacturing capacity, enough to make more than 50 million passenger vehicles, of all types, a year. That is roughly double domestic demand and enough to satisfy more than half of the global market.”
A ‘Made in China’ Crisis Awaits Big Auto
bloomberg.com
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Sweden is one of the leading electric vehicle markets in Europe, they revived Volvo with Chinese support. They wanted to repeat a similar success in battery technology with sufficient capital. However, things have gone badly recently. They decided to close a factory in the US. Now they are taking saving measures such as reducing staff. Reasons: 1- They are not competitive compared to the Chinese 2- They could not integrate China starting from the mine and including all processes 3-Finally, when electric vehicle sales started to decline, we came to these days; obviously there is big market like in China. As I always say, many companies that have invested heavily to electrification is now hav?ng though times ?n their P&L thesr are all due to unrealistic 2035 targets set by EU comissions. #electrification #electricvehicles #EV #EU #Sweden #Battery #China
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Hyundai Motor Group will invest 24.3 trillion won in 2024, focusing on R&D, electrification, SDV, and key technologies, including expanding EV production bases. #Hyundai #HyundaiMotorGroup #RD #SDV #SouthKorea https://lnkd.in/gNjuZZ7C
Hyundai invests 24.3 trillion won in electric vehicle production in South Korea
biz.chosun.com
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