The Race to Electrify: Game-Changing EV Innovations and Market Shake-Ups
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All-solid-state batteries are set to enter the Chinese market by 2027, promising improved safety, energy density, and faster charging for EVs.
Solid-state battery stocks in China are surging, with Wuhan Blue Electric seeing a 30% rise and multiple stocks reaching daily limits.
Dongfeng Nissan is accelerating its transition to new energy vehicles with plans to launch four electric models in 2025, including pure electric and hybrid options.
Delta Electronics India aims for 30% year-on-year growth in its EV segment, with a long-term vision of this sector matching or exceeding its current revenue contribution by 2030.
Kia is expanding in Spain's EV market, leveraging its past success with combustion engine vehicles to introduce new electric models.
SK On and SK Enmove are introducing a new fireproofing solution for EV batteries at InterBattery 2025 in Seoul.
Kia has maintained seven consecutive years of EV sales growth in Spain, even amid an overall slowdown in the EV market.
Kia has become the third-largest automaker in Spain's EV market, with 56,220 vehicle sales in 2024, marking an 184% increase since 2013.
Cadillac's Lyriq, launched in Korea last year, has quickly become a leading luxury EV in North America.
Iveco has delivered two hydrogen fuel cell trucks to BMW Group, marking the start of hydrogen-powered freight operations in Europe.
Taiwan’s Ministry of Economic Affairs is introducing subsidies to address labor shortages and strengthen the smart machinery supply chain.
Japan's Idemitsu Kosan is investing 21.3 billion yen to build a lithium sulfide production facility, critical for Toyota’s all-solid-state EV batteries set to launch in 2027.
Vietnam’s Prime Minister Pham Minh Chinh has formed seven delegations to address challenges in key transport projects, pushing for timely completion.
Jürgen Germeys
China
China Daily | English | News
All-solid-state batteries are expected to hit the market in China by 2027, offering enhanced safety, energy density, and faster charging for electric vehicles (EVs). Ouyang Minggao of the Chinese Academy of Sciences anticipates mass production will begin around 2030.
利好来袭！固态电池集体飙涨 分析人士：两大利好催化
Sina Finance | Local Language | News
Solid-state batteries are witnessing a surge in the stock market, with Wuhan Blue Electric rising by 30% and 21 stocks hitting daily limits or increasing over 10%. This momentum is driven by advancements in the industry, particularly Mercedes-Benz and Factorial Energy's lithium metal anode solid-state battery being integrated into a mass-produced vehicle. Anticipated events like the "2025 All-Solid-State Battery Technology Exchange Conference" and the China International Solid-State Battery Exhibition are further sparking investor interest.
Yicai Global | English | News
Dongfeng Nissan, a joint venture between Dongfeng Motor and Nissan Motor, is enhancing its competitiveness through new energy technologies. The company plans to launch four electric models by 2025, including pure electric, range extender, and plug-in hybrid vehicles. Notably, the Nissan N7, the first pure electric model with an intelligent driving system developed with Momenta Global, will start pre-sales on April 18.
India
Hindu Business Line | English | News
Delta Electronics India targets 30% year-on-year growth in its electric vehicle (EV) segment, forecasting that this sector may match or exceed its current revenue share by 2030. Although EVs presently contribute only a small portion of revenue, the launch of products like the 240kW DC Fast EV Charger is set to drive substantial growth. Managing Director Niranjan Nayak indicated that while data centers and industrial automation will yield stronger revenue in the short term, the EV sector is expected to be a key growth engine, initially focusing on two-wheelers, three-wheelers, and four-wheelers.
South Korea
Chosun Ilbo | English | News
Kia is expanding its presence in Spain, a key European automotive market, by introducing multiple electric vehicles (EVs) following its success with internal combustion engine models like the Sportage SUV. With car sales in Spain rising 8% last year, the market's importance grows amid uncertainties in the U.S. auto industry.
Korea Herald | English | News
SK On, in partnership with SK Enmove, will present an innovative thermal management solution for electric vehicle (EV) batteries at the InterBattery 2025 expo in Seoul. This solution employs immersion cooling technology to enhance cooling efficiency by optimizing fluid flow within the battery pack, effectively preventing temperature increases and mitigating the risk of fires or explosions.
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Maekyung | Local Language | News
Kia has significantly grown in the Spanish electric vehicle (EV) market over the past seven years, achieving success amid an overall stagnation in EV sales. Since entering the market in 2014 with the Soul EV, Kia's lineup now includes the Niro EV, EV6, and the newly introduced EV4. In 2021, Kia sold over 2,000 EV6 units, surpassing that figure with 2,645 units last year, highlighting the brand's rising popularity in Spain.
Joongang Ilbo | English | News
Kia has become the third-largest automaker in Spain's electric vehicle (EV) market by 2024, selling 56,220 vehicles that year—a 184 percent increase since 2013. A significant 72 percent of these sales were electrified vehicles, comprising 63 percent hybrids, 5 percent pure EVs, and 4 percent plug-in hybrids. With a 5.9 percent market share and over 200 dealerships established since 1992, Kia ranks sixth overall in Spain.
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ZD Net Korea | Local Language | News
Cadillac launched its first electric vehicle, the Lyriq, in Korea last year, quickly becoming a leader in luxury electric vehicles in North America. This model stands out as it uses General Motors' electric vehicle-only platform, featuring a battery developed with South Korean partners LG and POSCO, ensuring high stability and quality.
Taiwan
攜手推動氫能長途運輸 Iveco 向 BMW Group 交付兩輛 S-eWay Fuel Cell 氫燃料電池卡車
The Storm Media | Local Language | News
Iveco has delivered two S-eWay Fuel Cell hydrogen trucks to BMW Group, marking the start of hydrogen truck operations in Europe as part of the H2Haul hydrogen freight project. This initiative aims to validate hydrogen's potential as a zero-emission solution for long-distance transportation. The delivery was showcased at BMW's Leipzig plant, which also saw the establishment of two hydrogen fueling stations by TEAL Mobility.
解決缺工窘境 經濟部祭補助強化智慧機械供應鏈
Liberty Times Net | Local Language | News
The Ministry of Economic Affairs in Taiwan will offer subsidies to tackle labor shortages and enhance the smart machinery supply chain, aligned with the upcoming "TIMTOS 2025 Taipei International Machine Tool Show." This year, subsidies for domestically produced machine tool controllers will expand to smart machinery, reaching up to NT$30 million per case. This initiative addresses challenges from China's overcapacity and aims to enhance local technological capabilities.
幫助 Toyota 在 2027 年推出全固態電池電動車 日本出光興產 (Idemitsu) 將興建關鍵材料生產基地
The Storm Media | Local Language | News
Idemitsu Kosan, Japan's second-largest oil refiner, plans to build a lithium sulfide (LiS) production facility at its Chiba refinery, investing about 21.3 billion yen (NT$4.67 billion). Scheduled for completion in June 2027, the facility aims to produce 1,000 metric tons of lithium sulfide annually, enough for 50,000 to 60,000 pure electric vehicles.
Vietnam
Th? t??ng l?p 7 ?oàn g? khó d? án giao th?ng tr?ng ?i?m
VN Express | Local Language | News
On March 1, Prime Minister Pham Minh Chinh established seven delegations to tackle challenges in key transport projects across Vietnam. These teams are focused on assessing progress, pushing for action, and resolving material bottlenecks in various infrastructure initiatives.
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Dantri | Local Language | News
Prime Minister Pham Minh Chinh has formed seven inspection teams to tackle challenges in key transport projects, aiming for 3,000 kilometers of expressways by 2025. Their main objectives are to assess progress, find solutions, and eliminate bottlenecks to ensure timely and quality project completion.