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Electric & new energy vehiclesi

Latest news, in-depth features and opinion on electric & new energy vehicles.

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  • BYD’s new EV factory in Brazil will include a unit to process lithium and iron phosphate, global vice-president Stella Li says
  • BYD is investing US$594 million in the South American country to build its first EV plant outside Asia and will include a research and development centre

Gabriel Boric is expected to attempt to lure renewal energy investments to Chile, which is home to 48 per cent of global lithium reserves, a mineral needed for EV batteries.

Revealing agreement on closer climate cooperation, Commissioner for Energy Kadri Simson urges China to commit to global pledges to cut methane emissions and triple renewable energy capacity by 2030.

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The United States can’t be protectionist when it comes to the electric vehicle and EV battery industries, which are now dominated by China, analyst warns.

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Recently released guidelines for the development of China’s civil aviation industry have explicitly used the country’s booming NEV industry and the home-grown C919 as examples to follow for future innovations.

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Haomo.AI, an autonomous driving technology start-up backed by Great Wall Motor, is to offer carmakers three new driver-assistance systems it claims are cheaper and better than existing ones in what could mark a step forward in China’s push to revolutionise mobility.

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US President Joe Biden’s goal of a domestic EV industry, using Chinese battery technology, draws fire, startling local officials as efforts to bring new business to their towns are now criticised.

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The carmaker’s petition is being reviewed by a Shanghai court, according to a filing published on the national enterprise bankruptcy information disclosure platform on Monday.

The Warren Buffett-backed carmaker’s joint venture UzAuto will start producing EVs in the southeastern Uzbek city of Jizzakh from next year. The cars will also be exported to other Central Asian countries.

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The Gigafactory in Shanghai delivered 12 per cent fewer cars in September – bucking the market trend – as Tesla upgraded its mainland China plant ahead of the launch of a revamped Model 3.

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Asean could become a global EV production hub if Indonesia can cooperate with other bloc members Malaysia, Thailand and Vietnam, one expert said during the Hong Kong-Asean Summit 2023.

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Longi Hydrogen Energy, a unit of the world’s largest solar panel materials maker Longi Green Energy Technology, has won its second major green hydrogen equipment supply deal in six months.

China’s EV market is expected to maintain strong growth momentum in the fourth quarter of 2023, thanks to new launches and discounts offered by carmakers, industry players and observers said.

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China’s fast growing electric vehicle market has seen a proliferation of manufacturers at a time when demand was boosted by government subsidies. But rising costs and slowing demand are beginning to weigh on the smaller players who are now faced with the risk of elimination.

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Gina Rinehart’s company is now the major shareholder in one of the world’s most promising deposits of the metal used in EVs and smartphones. As a result, US firm Albemarle’s US$4.3 billion proposed takeover of the project in Western Australia could be blocked.

Brussels officially opens investigation, saying it has ‘sufficient evidence’ of subsidies for Chinese EVs that could harm ‘vulnerable’ EU sector, while Beijing slams inquiry as ‘naked protectionist behaviour’ and warns it will disrupt global supply chains.

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Hydrogen is poised to play a substantial role in the greening of Hong Kong’s public road transport, but its competitiveness as a clean fuel in the city’s overall energy mix remains uncertain, expert says.

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Lithium prices are spiralling down toward the lowest level in two years on concerns over the strength of Chinese demand for the material, a key ingredient in electric vehicle batteries.

GRST, an eco-friendly lithium batteries technology start-up, aims to raise US$50 million over the next two years to fund joint ventures in Europe and North America, as it vies to grab a slice of the fast-growing sustainable batteries market.

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State Department report on alleged damage Beijing’s influence operations inflict on America’s reputation overseas is latest cause for Washington alarm.

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Chinese copper foil maker Londian Wason Energy Tech is planning an initial public offering in the US, and the company is working with Citigroup and Goldman Sachs on the listing preparations.

Readers discuss the European Union’s anti-subsidies investigation into Chinese-made electric vehicles, and the possible impact of a US government shutdown

The picket line in Michigan has become the scene of an early confrontation with Trump, who is set to make his own bid for the state’s blue collar votes.

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