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Electric & new energy vehiclesi

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

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  • Setting up CATARC, a Chinese government affiliated auto research institute, will help Chinese electric vehicle (EV) manufacturers in Thailand
  • Chinese carmakers, including BYD and Great Wall Motor, have committed to investing US$1.44 billion in new production facilities in Thailand

Strong ties between China and world’s major mineral exporters, especially those with vast copper and nickel resources, leave West playing catch-up in securing supplies.

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Technology holds the key to solving the climate crisis but needs more government support and private-sector funding to ensure its commercialisation, speakers at the FII Institute’s first Asia conference said.

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Thailand aims to convert about a third of its annual production of 2.5 million vehicles into EVs by 2030 and is preparing incentives to encourage more investment.

Deeply against Beijing’s stances on Ukraine, trade and human rights, Brussels to seek ‘more on the political front’ before agreeing deals, source says.

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China’s surging car exports, led by EVs, could top 5 million this year – but outsized demand is pitting manufacturers against each other in a price war to secure so-called ro-ro ships that haul thousands of vehicles.

The Shanghai-based carmaker posted a third-quarter net loss of 4.56 billion yuan (US$639 million), 24.8 per cent narrower than in the previous quarter.

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In lead-up to China-EU summit on Thursday, China’s foreign minister says if the two sides choose dialogue and cooperation, there will be no bloc confrontation.

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Deliveries hit a record 940,000 units in November, industry body CPCA estimates, as a strong second half of the year puts EV makers on course to meet an ambitious sales target for 2023 despite a bumpy start.

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Li Auto and Xpeng, two top premium electric vehicle builders in China, rewrote sales records in November, as their new car models amplified the popularity of battery-powered vehicles.

Hozon New Energy Automobile has started assembling vehicles in Thailand at its first overseas factory as it steps up its efforts to tap the Southeast Asian market.

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Countries, companies and citizens should step up demand-side efforts to reduce carbon footprint, says an executive. The good news is that the technology to do so already exists.

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The venture will aim to install at least 1,000 high-power charging stations with about 7,000 charging piles in the world’s largest EV market by the end of 2026 to ‘provide Chinese customers with premium charging services’, BMW says.

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Nio will team up with Zhejiang Geely to promote battery swapping technology as the two leading EV makers try to overcome poor charging infrastructure in the world’s biggest EV market.

At the UK’s Global Investment Summit in London, Dominic Johnson said while the geopolitical picture remains fraught, he is still looking to attract Chinese investors, particularly electric vehicle manufacturers.

The surprise announcement shows Huawei’s ambitions in the car business despite repeatedly denying that the company will make its own vehicles.

China leads the world in developing infrastructure to support the growth of EVs, but trails major European countries in consumer spending power on battery-powered cars, according to a report by Euromonitor.

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Nio envisions full automation at its plants in future through the use of advanced AI and robotic technologies, vice-president Ji Huaqiang says. The EV maker laid off 10 per cent of its staff this month.

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EV maker Leapmotor plans to start exporting to Europe in the third quarter next year, joining domestic peers BYD and Geely in targeting overseas markets

Volkswagen is developing a new platform for entry-level electric vehicles in China and use more local components to lower costs, as the German company seeks to regain lost ground in the world’s biggest car market.

Anti-dumping duties of up to 24.2 per cent will be imposed on a product used to make plastic bottles following complaints European firms are being undercut.

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Shanghai-based Nio has formed a partnership with state-owned Changan Automobile to build EVs equipped with battery swapping technology to ease drivers’ range anxiety.

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