Panasonic is eyeing Oklahoma as the home for its next lithium-ion battery plant, according to a report Friday by the Wall Street Journal. The proposed venture, which is expected to supply Tesla with a high-capacity, range-boosting battery, is part of a movement to bring auto manufacturing onshore as car companies and suppliers try to mitigate… Continue reading Panasonic considers Oklahoma for next EV battery factory
Tag: Electric vehicles
Audi to join Formula 1 with German-built hybrid power unit
Audi said Friday it will join Formula 1 for the 2026 season, competing alongside rival sportscar makers such as Aston Martin and Mercedes-Benz as the series shifts its focus to electrified race cars. The FIA Formula 1 World Championship series, which plans to go carbon-neutral by the end of the decade, will introduce new technical… Continue reading Audi to join Formula 1 with German-built hybrid power unit
Global Hypercar Market Report 2022: New Product Launches, Cybersecurity Systems, & Increased Focus on Electric Hypercars Presents Lucrative Opportunities
DUBLIN, Aug. 26, 2022 /PRNewswire/ — The “Hypercar Global Market Opportunities And Strategies To 2031” report has been added to ResearchAndMarkets.com’s offering. The global hypercar market reached a value of nearly $10,632.8 million in 2021, having increased at a compound annual growth rate (CAGR) of 18.9% since 2016. The market is expected to grow to $44,172.1… Continue reading Global Hypercar Market Report 2022: New Product Launches, Cybersecurity Systems, & Increased Focus on Electric Hypercars Presents Lucrative Opportunities
Global Electric Bus Markets, Analysis & Forecasts, 2016-2021, 2021-2026F, 2031F – Proactive Government Initiatives to Encourage the Use of e-Buses, Creating Lucrative Growth
DUBLIN, Aug. 26, 2022 /PRNewswire/ — The “Electric Bus Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering. The global electric bus market is expected to grow from $26.68 billion in 2021 to $29.7 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The electric bus market is expected to grow… Continue reading Global Electric Bus Markets, Analysis & Forecasts, 2016-2021, 2021-2026F, 2031F – Proactive Government Initiatives to Encourage the Use of e-Buses, Creating Lucrative Growth
Xiaomi in Talks With BAIC to Reach Goal of Making Cars
(Bloomberg) — Xiaomi Corp. is in talks with Beijing Automotive Group Co. to collaborate on producing electric vehicles, according to people familiar with the matter, as the technology company races to fulfill a promise to make its own cars by 2024. Most Read from Bloomberg The two giants are exploring different options including Xiaomi buying… Continue reading Xiaomi in Talks With BAIC to Reach Goal of Making Cars
NIO Inc. to Report Second Quarter 2022 Financial Results on Wednesday, September 7, 2022
SHANGHAI, China, Aug. 26, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its second quarter 2022 unaudited financial results on Wednesday, September 7, 2022, before the open of… Continue reading NIO Inc. to Report Second Quarter 2022 Financial Results on Wednesday, September 7, 2022
Tesla Stock Vs. BYD Stock: Tesla Hits Resistance After 3-For-1 Split; BYD Expansion Kicks Off
TheStreet.com Ford Has Bad News for EV Buyers Ford did not want to upset its customers and future buyers of electric vehicles. As consumers grapple with soaring prices for virtually everything from groceries to basic necessities to gallons of gas at the pump, the automaker has opted for a phased strategy to announce increases prices… Continue reading Tesla Stock Vs. BYD Stock: Tesla Hits Resistance After 3-For-1 Split; BYD Expansion Kicks Off
Gotion High-tech’s Revenue is 8.638 billion with overseas revenue growth of 358.28% in the first half of the year
HEFEI, China, Aug. 26, 2022 /PRNewswire/ — On August 26 Beijing Time, Gotion High-tech announced its interim results. During the Reporting Period, the Company achieved revenue of RMB 8,638 million, representing a year-on-year growth of 143.24%, of which revenue from overseas regions increased by 358.28% year-on-year to RMB1.279 billion, and is expected to achieve its target… Continue reading Gotion High-tech’s Revenue is 8.638 billion with overseas revenue growth of 358.28% in the first half of the year
Electric Utility Vehicle Market to Reach $24.98 Bn, Globally, by 2031 at 11.4% CAGR: Allied Market Research
Stringent government regulations regarding vehicular emissions, launch of new electric utility vehicles, and rise in fuel costs propel the global electric utility vehicle market growth. PORTLAND, Ore., Aug. 26, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “Electric Utility Vehicle Market by Battery Type (Lead-acid, Lithium-ion, Others), by Vehicle Type (Sport Utility… Continue reading Electric Utility Vehicle Market to Reach $24.98 Bn, Globally, by 2031 at 11.4% CAGR: Allied Market Research
Foreign automakers are big mad about the new EV tax credit
The auto industry is still processing the new and confusing electric vehicle credits signed into law by President Joe Biden as part of the Inflation Reduction Act of 2022. Foreign automakers, in particular, are scrambling to find some loophole through the new rules that would seem to disqualify the vast majority of their EV fleets,… Continue reading Foreign automakers are big mad about the new EV tax credit