In the “dual-carbon” goal driven by the accelerated transformation process of transportation electrification, power battery innovation has become the key to strengthen the level of competition in new energy vehicles, to create national industrial competitiveness, solid corporate competitive advantage. This year, both vehicle companies, or power battery companies, have aimed at new technologies at the same time layout of a new generation of power batteries – solid-state batteries, and accelerate the release of solid-state batteries “on board” schedule. Toyota’s long-silent solid-state batteries have movement and hope. 28 June, Toyota announced a new generation of electrification […]
Although facing a variety of unfavorable factors, global electric vehicle sales will continue to grow. A few days ago, Bloomberg New Energy Finance (BNEF) released its Long-Term Electric Vehicle Outlook report, predicting that market penetration of electric vehicles is still growing. Rapidly declining battery prices, advances in next-generation battery technology, and improved economics of electric vehicles compared to fuel vehicles will support the long-term growth of global electric vehicle sales. Global passenger electric vehicle sales are forecast to exceed 30 million units in 2027, accounting for 33% of global vehicle sales, and grow to 73 million units by […]
Berlin, July 8, 2024 – Tesla announced today that its expansion plan for the factory in Brandenburg, Germany has received approval from local authorities, marking a significant step in the company’s further expansion into the European market and enhancement of its production capacity. In a statement, Tesla confirmed that the government of Brandenburg has officially approved the expansion plan for its facility in Grünheide. This decision will enable Tesla to add production lines, increase capacity for manufacturing electric vehicles and batteries, and further streamline its production processes. Tesla’s expansion plan is expected to create a substantial number of job opportunities and play a crucial role in technological innovation, […]
McLaren Automotive CEO Michael Leiters said that the UK needs to recognize that it cannot compete on the cost of mass-produced cars and should instead focus on driving the manufacture of high-value cars, according to Automotive News Europe. Speaking at a conference organized by the Society of Motor Manufacturers and Traders (SMMT) in the UK, Leiters said, “If we try to compete on cost and come out on top, we will fail. This doesn’t just apply to carmakers, it applies to the supply chain as well.” McLaren is encouraging the UK government […]
On July 5, SAIC released a news release saying that in order to effectively safeguard its legitimate rights and interests and the interests of global customers, it will formally request the European Commission to hold a hearing on China’s temporary countervailing duty measures on electric vehicles, and further exercise its right of defense in accordance with the law. On June 12, the EU announced plans to impose temporary tariffs on Chinese electric vehicles and issued a preliminary ruling information pre-disclosure, in which the subsidy rate of SAIC was calculated to be 38.1%. on July 4, the European Commission formally announced […]
Gothenburg, Sweden, July 6, 2024 – Volvo Cars has announced a notable 8% year-on-year increase in global sales for the month of June, underscoring the company’s resilience and market appeal amidst ongoing industry challenges. The latest sales figures reveal Volvo’s continued momentum in key markets worldwide, bolstered by strong consumer demand for its diverse range of vehicles. This growth represents a significant achievement for Volvo as it navigates through a dynamic automotive landscape marked by technological advancements and shifting consumer preferences. Commenting on the positive sales trend, Volvo Cars CEO Anna Persson highlighted, “We are pleased to see our global sales continue to grow, reflecting the strong performance […]