China’s Electric Vehicles Lose Ground in EU After New Tariffs Take Effect

(Bloomberg) — European Union tariffs slowed the influx of Chinese-made electric vehicles in July, as the bloc moved to protect its automakers from low-cost competition. Most Read from Bloomberg The number of new EVs that Chinese automakers like BYD Co. and SAIC Motor Corp.’s MG registered in the EU last month fell 45% from June,… Continue reading China’s Electric Vehicles Lose Ground in EU After New Tariffs Take Effect

@Geely: Kandi Technologies Reports Second Quarter 2024 Financial Results

Strong Financial Position with ~$220 million cash and cash equivalents Returned Capital to Shareholders via Active Share Repurchase Program Introduced Officially Licensed NFL Team Golf Carts Exclusively Available at Lowe’s JINHUA, China, Aug. 16, 2024 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results… Continue reading @Geely: Kandi Technologies Reports Second Quarter 2024 Financial Results

Domestic automakers climb Fortune rankings

The Tiggo 8L SUV launched by Chery on Aug 8 in Chengdu, Sichuan province. The company has debuted on the latest Fortune Global 500 list. CAO YINGYING/CHINA DAILY Chinese automakers have a strong presence in Fortune Magazine’s list of the top 500 global companies with several rapidly ascending in the rankings, showcasing the influence of… Continue reading Domestic automakers climb Fortune rankings

Chalmers University researchers show the way for improved, longer-lasting fuel cells

More efficient and longer-lasting fuel cells are essential for fuel cell-powered heavy-duty hydrogen vehicles to be an alternative to combustion fuelled counterparts. Researchers at Chalmers University of Technology, Sweden, have developed an innovative method to study and understand how parts of fuel cells degrade over time. This is an important step towards the improved performance… Continue reading Chalmers University researchers show the way for improved, longer-lasting fuel cells

Polestar 3 production is underway in the US

Electric vehicle company Polestar has started production for the Polestar 3 in South Carolina. Polestar 3 cars from this location are intended for consumers in the US and Europe. The Volvo-owned company’s first SUV debuted in 2023, but the shift to a US production facility will help it to avoid huge tariffs for importing EVs… Continue reading Polestar 3 production is underway in the US

Diesel Engines For Non-Automotive Applications Market size is set to grow by USD 13.4 billion from 2024-2028, Diesel engine technology gaining momentum on technological advances boost the market, Technavio

NEW YORK, Aug. 14, 2024 /PRNewswire/ — The global diesel engines for non-automotive applications market size is estimated to grow by USD 13.4 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 3.34%  during the forecast period. Diesel engine technology gaining momentum on technological advances is driving market growth, with a trend… Continue reading Diesel Engines For Non-Automotive Applications Market size is set to grow by USD 13.4 billion from 2024-2028, Diesel engine technology gaining momentum on technological advances boost the market, Technavio

India’s June PV wholesales fall 2.5% YoY, 2W dispatches rise 12.5%: SIAM

India’s passenger vehicle industry reversed its course in July, as the segment’s monthly wholesales recorded its first decline in several months. Domestic passenger vehicle dispatches in July fell 2.5% on year. However, the two-wheeler and three-wheeler segments continued to see an upward trajectory in the month. According to the data from the Society of Indian… Continue reading India’s June PV wholesales fall 2.5% YoY, 2W dispatches rise 12.5%: SIAM

India’s June PV wholesales fall 2.5% YoY, 2W dispatches rise 12.5%: SIAM

India’s passenger vehicle industry reversed its course in July, as the segment’s monthly wholesales recorded its first decline in several months. Domestic passenger vehicle dispatches in July fell 2.5% on year. However, the two-wheeler and three-wheeler segments continued to see an upward trajectory in the month. According to the data from the Society of Indian… Continue reading India’s June PV wholesales fall 2.5% YoY, 2W dispatches rise 12.5%: SIAM

Excavator Market Size In Japan is set to grow by USD 910.9 million from 2024-2028, Development of healthcare facilities and disaster prevention projects boost the market, Technavio

NEW YORK, Aug. 13, 2024 /PRNewswire/ — The excavator market size in Japan is estimated to grow by USD 910.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 4.36%  during the forecast period. Development of healthcare facilities and disaster prevention projects is driving market growth, with a trend towards availability of… Continue reading Excavator Market Size In Japan is set to grow by USD 910.9 million from 2024-2028, Development of healthcare facilities and disaster prevention projects boost the market, Technavio

Chinese EV maker Zeekr says its new battery can charge faster than that of a Tesla

The New York Stock Exchange welcomes Zeekr Intelligent Technology Holding Limited in celebration of its initial public offering on May 10, 2024. BEIJING — Chinese electric car brand Zeekr announced new batteries on Tuesday, which it says boast the fastest charge in the world. The offering aims to address consumers’ long-standing worries about battery driving… Continue reading Chinese EV maker Zeekr says its new battery can charge faster than that of a Tesla