Tag #Electric Vehicles

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cnn.com

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Mar 18, 10:15

BYD's 5-Minute EV Charging System Challenges Tesla in China

BYD unveiled its "Super E-Platform" charging system in China on Monday, enabling a 250-mile range in just 5 minutes for its latest models, surpassing Tesla's Supercharger technology. BYD plans to build 4,000 ultra-fast charging stations, while Tesla's FSD rollout faces challenges due to data restric...

BYD's 5-Minute EV Charging System Challenges Tesla in China

BYD unveiled its "Super E-Platform" charging system in China on Monday, enabling a 250-mile range in just 5 minutes for its latest models, surpassing Tesla's Supercharger technology. BYD plans to build 4,000 ultra-fast charging stations, while Tesla's FSD rollout faces challenges due to data restric...

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Affordable and Clean Energy

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What factors contribute to BYD's competitive edge over Tesla in the Chinese electric vehicle market, encompassing technology, pricing, and market share?

BYD's technological advancement creates a significant competitive advantage in China's electric vehicle market. The 5-minute charging time surpasses Tesla's 15-minute charging time by a substantial margin, potentially disrupting the market and accelerating EV adoption. BYD's aggressive expansion of ultra-fast charging stations further strengthens this advantage.

smh.com.au

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Mar 18, 10:15

BYD's Ultra-Fast Charging EVs Boost Market Value Past Ford, GM, and Volkswagen

Chinese automaker BYD launched electric vehicles with ultra-fast charging, achieving a 400km range in 5 minutes, boosting its market value above Ford, GM, and Volkswagen combined and starting sales in April; BYD plans to build over 4000 charging stations in China.

BYD's Ultra-Fast Charging EVs Boost Market Value Past Ford, GM, and Volkswagen

Chinese automaker BYD launched electric vehicles with ultra-fast charging, achieving a 400km range in 5 minutes, boosting its market value above Ford, GM, and Volkswagen combined and starting sales in April; BYD plans to build over 4000 charging stations in China.

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Affordable and Clean Energy

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How will BYD's ultra-fast charging technology impact the global electric vehicle market and consumer adoption?

BYD, a Chinese automaker, unveiled electric vehicles with ultra-fast charging, enabling a 400km range in 5 minutes. This technology, launching next month, could significantly impact EV adoption by reducing charging time, comparable to refueling gasoline cars. The announcement boosted BYD's market value to over $US162 billion.

mk.ru

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Mar 18, 19:11

EU Unveils €2.8 Billion Plan to Boost Automotive Industry

The European Commission launched a strategic dialogue and action plan to revitalize its automotive industry, facing challenges from the transition to electric vehicles and global competition; the plan involves investments in connected and autonomous vehicles (€1 billion), greener company fleets, rev...

EU Unveils €2.8 Billion Plan to Boost Automotive Industry

The European Commission launched a strategic dialogue and action plan to revitalize its automotive industry, facing challenges from the transition to electric vehicles and global competition; the plan involves investments in connected and autonomous vehicles (€1 billion), greener company fleets, rev...

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Decent Work and Economic Growth

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What are the immediate economic and employment impacts of the European Commission's plan to support the automotive industry?

The European automotive industry, employing 13 million and contributing 7% to the EU's GDP, faces challenges. The European Commission's response involves a strategic dialogue and a plan to boost the industry, create jobs, and protect the environment through innovation and digitalization.

europe.chinadaily.com.cn

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Mar 17, 10:10

Jinhua's Economic Surge: Innovation and Openness Drive 16.4% Export Growth

Jinhua, Zhejiang province, boosted its economy by 16.4% in 2022, reaching $106.62 billion in exports, fueled by its designation as a "high-level, inland open hub", strategic partnerships, and tackling destructive competition.

Jinhua's Economic Surge: Innovation and Openness Drive 16.4% Export Growth

Jinhua, Zhejiang province, boosted its economy by 16.4% in 2022, reaching $106.62 billion in exports, fueled by its designation as a "high-level, inland open hub", strategic partnerships, and tackling destructive competition.

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Decent Work and Economic Growth

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What are the key factors driving Jinhua's economic growth and its significance within the context of China's broader economic strategy?

In 2022, Jinhua, Zhejiang province, was designated a "high-level, inland open hub", leading to a surge in its private economy with 2 million market entities and a 16.4% year-on-year export growth, reaching $106.62 billion. This contributed significantly to Zhejiang's and China's overall economic growth.

repubblica.it

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Mar 17, 13:15

EU Auto Industry Faces Deep Crisis Amidst Green Transition

The European automotive sector, worth 7-8% of the EU's GDP and employing 13 million, faces a deep crisis driven by the 2035 ban on CO2-emitting vehicles, US tariffs, and Chinese competition; the EU's action plan, while offering some relief, lacks substantial funding and relies on optimistic electric...

EU Auto Industry Faces Deep Crisis Amidst Green Transition

The European automotive sector, worth 7-8% of the EU's GDP and employing 13 million, faces a deep crisis driven by the 2035 ban on CO2-emitting vehicles, US tariffs, and Chinese competition; the EU's action plan, while offering some relief, lacks substantial funding and relies on optimistic electric...

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Climate Action

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How does the European Commission's action plan address the challenges of the automotive sector's transition, and what are its limitations?

The European Commission's action plan, while including initiatives for research, development, and battery production, faces skepticism due to limited funding. A key element is postponing CO2 emission targets to avoid €16 billion in fines, betting on increased electric vehicle sales. This approach shifts the problem, not solving it.

forbes.com

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Mar 17, 22:12

BMW Faces €1.1 Billion Tariff Hit Amidst Complicated US-EU Trade Dispute

BMW projects over €1.1 billion in costs from US tariff negotiations in 2025, impacting its 2024 net profit of €7.68 billion (down over 30%), as President Trump's broader trade concerns complicate negotiations and the EU's planned 2026 carbon tax adds further uncertainty.

BMW Faces €1.1 Billion Tariff Hit Amidst Complicated US-EU Trade Dispute

BMW projects over €1.1 billion in costs from US tariff negotiations in 2025, impacting its 2024 net profit of €7.68 billion (down over 30%), as President Trump's broader trade concerns complicate negotiations and the EU's planned 2026 carbon tax adds further uncertainty.

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Responsible Consumption and Production

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What are the immediate financial implications for BMW resulting from the anticipated US tariff negotiations?

BMW anticipates over €1.1 billion in potential costs from US tariff negotiations in 2025, impacting its overall net profit which fell by over 30% in 2024 to €7.68 billion. This figure encompasses tariffs with Mexico, Canada, and Europe, and includes the effect on China-made EVs.

africa.chinadaily.com.cn

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Mar 18, 10:15

China's Lithium Battery Dominance: A Legacy of Innovation

In 2024, China produced over 10 million metric tons of lithium batteries, valued in the trillions of yuan, a result of decades of research led by Chen Liquan, whose work transformed China into a global leader in battery technology.

China's Lithium Battery Dominance: A Legacy of Innovation

In 2024, China produced over 10 million metric tons of lithium batteries, valued in the trillions of yuan, a result of decades of research led by Chen Liquan, whose work transformed China into a global leader in battery technology.

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How did Chen Liquan's early research and strategic decisions shape the development of China's lithium battery industry?

China's dominance in lithium battery production is the result of decades of sustained innovation, beginning with Chen Liquan's early research into solid-state batteries and transitioning to liquid lithium-ion batteries in response to market demands. This strategic shift, coupled with the establishment of domestic production lines, built a robust industrial base.

abcnews.go.com

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Mar 18, 22:11

Tesla Executives Sell $100 Million in Stock Amidst Stock Decline

Tesla board members and executives, including James Murdoch, Kimbal Musk, and Robyn Denholm, sold over $100 million in stock since early February, coinciding with a significant stock price decline and amid concerns over Elon Musk's government role; the transactions, while partly pre-planned, raise q...

Tesla Executives Sell $100 Million in Stock Amidst Stock Decline

Tesla board members and executives, including James Murdoch, Kimbal Musk, and Robyn Denholm, sold over $100 million in stock since early February, coinciding with a significant stock price decline and amid concerns over Elon Musk's government role; the transactions, while partly pre-planned, raise q...

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Reduced Inequality

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How do predetermined stock sale plans, like Robyn Denholm's, impact the interpretation of these recent Tesla executive stock sales?

The recent stock sales, while partially attributed to predetermined plans (like Denholm's), raise concerns given Tesla's declining stock performance and Musk's controversial government cost-cutting efforts. Professor Jay Ritter notes that insider selling is generally a negative signal, though pre-planned sales are an exception. Analyst Seth Goldstein suggests the sales might reflect individual financial decisions or a belief the stock is fairly or overvalued.

zeit.de

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Mar 18, 16:10

VWN Raises Profitability Target to 6.5% by 2029

Volkswagen's commercial vehicle division (VWN) raised its 2029 profitability target to 6.5 percent, planning a €1.4 billion annual cost reduction without further job cuts, while expanding ID. Buzz sales globally, including the USA, despite potential US tariffs.

VWN Raises Profitability Target to 6.5% by 2029

Volkswagen's commercial vehicle division (VWN) raised its 2029 profitability target to 6.5 percent, planning a €1.4 billion annual cost reduction without further job cuts, while expanding ID. Buzz sales globally, including the USA, despite potential US tariffs.

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What is VWN's revised profitability target, and how will the company achieve this ambitious goal?

Volkswagen Nutzfahrzeuge (VWN), the VW commercial vehicle division, increased its profitability target from 6 percent to 6.5 percent by 2029. This aligns VWN with the VW car division's goal. The company plans to achieve this through a €1.4 billion annual cost reduction, including €300 million from a recent labor agreement.

bbc.com

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Mar 17, 13:15

Mercedes-Benz Launches New Electric CLA-Class, Tesla Raises Tariff Concerns, Toyota Expands in Europe

Mercedes-Benz unveiled its new electric CLA-Class, boasting superior range compared to Tesla Model 3; Tesla expressed unsigned concerns to the US government about potential trade war repercussions from tariffs; Toyota announced six new electric models for Europe; Lexus showcased a simulated sports c...

Mercedes-Benz Launches New Electric CLA-Class, Tesla Raises Tariff Concerns, Toyota Expands in Europe

Mercedes-Benz unveiled its new electric CLA-Class, boasting superior range compared to Tesla Model 3; Tesla expressed unsigned concerns to the US government about potential trade war repercussions from tariffs; Toyota announced six new electric models for Europe; Lexus showcased a simulated sports c...

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Industry, Innovation, and Infrastructure

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What are the key features and market implications of the new Mercedes-Benz CLA-Class electric vehicle?

This week's automotive news features Mercedes-Benz unveiling the new CLA-Class, the most efficient and intelligent model to date, marking the first of a series of electric models to be launched in the next two years. Tesla sent an unsigned letter to the US government expressing concerns about potential retaliatory tariffs, while Toyota announced six new electric models for the European market and Lexus introduced a simulated sports car gear-shift system for its electric vehicles.

kathimerini.gr

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Mar 17, 19:17

BYD's 1,000kW Charging Platform and New China-Wide Charging Network

BYD launched a new EV platform with 1,000 kW charging, enabling 400km range in 5 minutes and announced a new charging network of over 4,000 stations across China to support this technology, initially available for its Han L and Tang L models, priced from 270,000 yuan.

BYD's 1,000kW Charging Platform and New China-Wide Charging Network

BYD launched a new EV platform with 1,000 kW charging, enabling 400km range in 5 minutes and announced a new charging network of over 4,000 stations across China to support this technology, initially available for its Han L and Tang L models, priced from 270,000 yuan.

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Affordable and Clean Energy

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How will BYD's new 1,000 kW charging platform and planned charging network impact the Chinese EV market and consumer adoption?

BYD unveiled a new EV platform enabling charging speeds comparable to gasoline refueling, launching a proprietary charging network across China. The "super e-platform" supports 1,000 kW charging, allowing for a 400km range after only 5 minutes of charging.

forbes.com

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Mar 17, 22:12

Tesla Stock Plunges Amidst Sales Slump and Market Uncertainty

Tesla's stock fell again Monday, with Mizuho analysts citing significant sales drops in the U.S., China (-49%), and Germany (-76%), against rising overall EV market growth; this follows a 41% year-to-date decline in Tesla's stock price and reduced delivery forecasts from major investment banks.

Tesla Stock Plunges Amidst Sales Slump and Market Uncertainty

Tesla's stock fell again Monday, with Mizuho analysts citing significant sales drops in the U.S., China (-49%), and Germany (-76%), against rising overall EV market growth; this follows a 41% year-to-date decline in Tesla's stock price and reduced delivery forecasts from major investment banks.

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Decent Work and Economic Growth

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How do Elon Musk's political affiliations and lobbying activities contribute to Tesla's current financial challenges?

Tesla's sales slump is linked to several factors, including weakening consumer sentiment, particularly in regions where Elon Musk's political involvement has been controversial. Analysts at major firms like Goldman Sachs, JPMorgan, and UBS have reduced their Tesla delivery forecasts, reflecting a significant loss of brand value.

Showing 673 to 684 of 1,280 results