Tag: Geely

China says innovations, not subsidies, are powering EV edge as Yellen raises ‘overcapacity’ concerns

Newly launched BYD Seal is displayed during the launch of the Chinese-made BYD brand in Jakarta, on January 18, 2024, and at the same time introduced 2 other types of battery-powered vehicles (EV, electric vehicle) that will be sold in Indonesia, with an investment of 1.3 billion US dollars. (Photo by BAY ISMOYO / AFP)… Continue reading China says innovations, not subsidies, are powering EV edge as Yellen raises ‘overcapacity’ concerns

@Geely: Global News Mon 08 Apr 2024Lotus Technology Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

New York – April 8, 2024  Lotus Technology Inc. (“Lotus Tech” or the “Company”), a leading global luxury electric vehicle maker, today announced its unaudited financial results for the fourth quarter and the year ended December 31, 2023. The results reflect steady progress in the Company’s execution of its Vision80 strategy to become an all-electric, intelligent… Continue reading @Geely: Global News Mon 08 Apr 2024Lotus Technology Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

China top EV forum to be held in California in May

With a highly developed, low cost supply chain led by companies such as BYD and Geely, China is a leading global exporter of EVs. New Delhi: China’s top electric vehicle forum, the World New Energy Vehicle Congress (WNEVC) will hold a conference in Sacramento, California from May 16-17, according to a statement from the Chinese… Continue reading China top EV forum to be held in California in May

China top EV forum to be held in California in May

BEIJING (Reuters) — China’s top electric-vehicle forum, the World New Energy Vehicle Congress (WNEVC), will hold a conference in Sacramento, California, from May 16-17, according to a statement from the Chinese Society of Automotive Engineers on Sunday. With a highly developed, low-cost supply chain led by companies such as BYD and Geely, China is a… Continue reading China top EV forum to be held in California in May

China’s commerce minister due in Paris for electric vehicle talks

Wang is due on Sunday to meet Renault chief executive Luca de Meo, who is also acting chairman of the ACEA, a person briefed on the meeting said. China’s commerce minister Wang Wentao is due in Paris on Sunday for talks that are expected to cover China’s fast growing export of cheap electric vehicles (EVs)… Continue reading China’s commerce minister due in Paris for electric vehicle talks

US, China need ‘tough’ conversations, Yellen tells Chinese Premier Li

Updated On Apr 7, 2024 at 10:19 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals But rapid growth has also meant China has created excess manufacturing capacity that could be between 5 and 10 million EVs per year, according to consultancy Automobility. U.S. Treasury Secretary Janet Yellen told Chinese Premier Li… Continue reading US, China need ‘tough’ conversations, Yellen tells Chinese Premier Li

Clean Technica: World EV Sales Now 13% Of World Auto Sales003336

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Global plugin vehicle registrations were up 3% in February 2024 compared to February 2023. There were 830,000 registrations, making it possibly the last month with fewer than one million sales per month ever for plugin electric vehicles. BEVs were… Continue reading Clean Technica: World EV Sales Now 13% Of World Auto Sales003336

Hyundai’s Genesis brand is a dark horse in U.S. luxury vehicle market

Michael Wayland / CNBC NEW YORK — When Hyundai Motor launched its Genesis luxury brand domestically in 2016, many were skeptical the South Korean automaker — recognized mainly for budget vehicles at the time — knew what it was doing. Among the skeptics were auto industry veterans Randy Parker and Claudia Marquez. Both were working… Continue reading Hyundai’s Genesis brand is a dark horse in U.S. luxury vehicle market

China’s Nio to expand battery swap services to gain an edge on EV infrastructure

Pictured here is a Nio battery swapping station in Haikou, Hainan province, China, on May 9, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese electric car company Nio has been expanding its battery swap partnerships in a bid to gain an edge on the infrastructure side of the EV ecosystem. Since November, Nio… Continue reading China’s Nio to expand battery swap services to gain an edge on EV infrastructure