Tag #Electric Vehicles

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edition.cnn.com

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Feb 12, 13:16

CATL Seeks \$5 Billion in Hong Kong Listing Amid Geopolitical Headwinds

China's Contemporary Amperex Technology (CATL) seeks to raise at least \$5 billion in a Hong Kong secondary listing to fund global expansion, particularly in Europe, despite facing geopolitical challenges including US tariffs and a Pentagon blacklist.

CATL Seeks \$5 Billion in Hong Kong Listing Amid Geopolitical Headwinds

China's Contemporary Amperex Technology (CATL) seeks to raise at least \$5 billion in a Hong Kong secondary listing to fund global expansion, particularly in Europe, despite facing geopolitical challenges including US tariffs and a Pentagon blacklist.

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Affordable and Clean Energy

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What long-term trends or challenges could impact CATL's global market share and future growth trajectory?

CATL's move underscores the increasing importance of securing global supply chains for electric vehicle batteries. The listing, despite geopolitical risks, signifies confidence in continued growth and market dominance, potentially influencing future battery production trends and international investment strategies.

forbes.com

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Feb 12, 13:17

German Mayors Demand Overturn of EU's 2035 EV Mandate

Mayors of 15 German cities, led by Saarbrücken's Uwe Conrad, demanded the European Commission overturn its 2035 Battery Electric Vehicle mandate, warning of over 600,000 job losses and plant closures, and proposing alternative solutions including plug-in hybrids and investments in charging infrastru...

German Mayors Demand Overturn of EU's 2035 EV Mandate

Mayors of 15 German cities, led by Saarbrücken's Uwe Conrad, demanded the European Commission overturn its 2035 Battery Electric Vehicle mandate, warning of over 600,000 job losses and plant closures, and proposing alternative solutions including plug-in hybrids and investments in charging infrastru...

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Decent Work and Economic Growth

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What are the immediate economic consequences in Germany of the EU's 2035 Battery Electric Vehicle mandate, and what specific actions are the mayors demanding from the European Commission?

Fifteen German mayors, including those from major auto-manufacturing cities, sent a letter to the European Commission demanding the revocation of the 2035 Battery Electric Vehicle mandate, citing the potential loss of over 600,000 jobs. Their concerns center on the immediate economic consequences of this policy, including plant closures already announced by major automakers.

cincodias.elpais.com

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Feb 12, 13:16

Record Electric Vehicle Sales in Spain, Skewed by Fleet Purchase, Face Funding Uncertainty

Spanish electric vehicle registrations spiked 49.6% in early February to 1,276 units, reaching an 8.1% market share, but a large Fiat fleet purchase significantly influenced this growth; the absence of government subsidies following the suspension of the Moves III plan is expected to temper this gro...

Record Electric Vehicle Sales in Spain, Skewed by Fleet Purchase, Face Funding Uncertainty

Spanish electric vehicle registrations spiked 49.6% in early February to 1,276 units, reaching an 8.1% market share, but a large Fiat fleet purchase significantly influenced this growth; the absence of government subsidies following the suspension of the Moves III plan is expected to temper this gro...

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Climate Action

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How did the suspension of the Moves III plan affect electric vehicle sales and what are the government's plans to address this?

The surge in electric vehicle sales is partially due to a large Fiat fleet purchase, distorting overall market trends. Despite this, Tesla and Kia maintain strong positions with the Model Y and EV3 performing well, while the Model 3 sales remain slow due to shipping delays.

cnbc.com

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Feb 11, 07:07

BYD's DiPilot Launch Sends Shares Soaring, Despite Geopolitical Risks

Chinese electric vehicle maker BYD launched its DiPilot driver-assistance system across its vehicle lineup, including a low-cost model, integrating DeepSeek AI, marking a strategic shift and sending its Hong Kong shares to record highs, despite potential Western market entry challenges.

BYD's DiPilot Launch Sends Shares Soaring, Despite Geopolitical Risks

Chinese electric vehicle maker BYD launched its DiPilot driver-assistance system across its vehicle lineup, including a low-cost model, integrating DeepSeek AI, marking a strategic shift and sending its Hong Kong shares to record highs, despite potential Western market entry challenges.

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Industry, Innovation, and Infrastructure

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What is the significance of BYD's launch of "DiPilot" and its integration of DeepSeek's AI in the context of China's electric vehicle market?

BYD, a Chinese electric vehicle giant, launched "DiPilot," an advanced driver-assistance system, across its car range, including a low-cost model priced below 70,000 yuan. This move follows a previous cautious approach to autonomous driving and marks a strategic shift towards function upgrades, boosting its stock price to a record high. The integration of DeepSeek's AI further enhances the system's capabilities.

cnn.com

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Feb 11, 10:08

BYD's Free Advanced Driver-Assistance System Drives Shares to Record High

BYD, ranked sixth globally in car sales, has made its advanced driver-assistance system, "God's Eye", standard across most models starting at $9,555, sparking a record high in its share prices and intensifying competition in China's EV market.

BYD's Free Advanced Driver-Assistance System Drives Shares to Record High

BYD, ranked sixth globally in car sales, has made its advanced driver-assistance system, "God's Eye", standard across most models starting at $9,555, sparking a record high in its share prices and intensifying competition in China's EV market.

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What are the potential implications of BYD's move to integrate the DeepSeek AI model into its vehicles?

This strategic decision by BYD to include advanced driver-assistance systems at no extra cost is a significant competitive move, impacting the pricing strategies of rivals like Tesla and other Chinese automakers. BYD's dominance in the Chinese new energy vehicle market (over 32% in 2024) is further solidified by this action.

europe.chinadaily.com.cn

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Feb 11, 16:09

China's Automakers Accelerate AI Adoption in Intelligent Driving

Chinese automakers, including BYD, Changan, Li Auto, and Xpeng, are rapidly developing and deploying AI-powered intelligent driving systems, driven by significant R&D investments and the availability of open-source AI models like DeepSeek, aiming for wider adoption by 2025 with decreasing costs.

China's Automakers Accelerate AI Adoption in Intelligent Driving

Chinese automakers, including BYD, Changan, Li Auto, and Xpeng, are rapidly developing and deploying AI-powered intelligent driving systems, driven by significant R&D investments and the availability of open-source AI models like DeepSeek, aiming for wider adoption by 2025 with decreasing costs.

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Industry, Innovation, and Infrastructure

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What is the primary driver behind the rapid adoption of AI-powered intelligent driving systems in China's NEV industry?

Chinese automakers are accelerating the adoption of AI in intelligent driving, exemplified by BYD's "God's Eye" system and Changan Automobile's "Dubhe 2.0" plan. Li Auto and Xpeng are also developing advanced self-driving capabilities, aiming for L4 and L3 systems respectively by 2025. This surge is driven by massive R&D investments; BYD invested 33.3 billion yuan in the first three quarters of 2024.

theglobeandmail.com

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Feb 12, 13:16

Record Global EV Sales in 2024 Despite Regional Slowdowns

Global electric vehicle sales hit a record 17.1 million in 2024, a 25% increase from 2023, driven by decreasing battery prices and government incentives in some regions; however, the EU saw a slowdown due to reduced subsidies.

Record Global EV Sales in 2024 Despite Regional Slowdowns

Global electric vehicle sales hit a record 17.1 million in 2024, a 25% increase from 2023, driven by decreasing battery prices and government incentives in some regions; however, the EU saw a slowdown due to reduced subsidies.

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Climate Action

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What were the key factors contributing to the record-breaking global electric vehicle sales in 2024?

Global EV sales reached a record 17.1 million units in 2024, a 25% increase from 2023. December 2024 marked the fourth consecutive month of record sales, totaling 1.9 million EVs. This growth continues despite reduced production targets by some automakers.

news.sky.com

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Feb 12, 10:11

XPENG Enters UK EV Market, Exploiting Tariff-Free Access

XPENG Motors, a Chinese EV manufacturer, launched its G6 model in the UK this month, aiming to leverage British consumer openness to new technologies and the absence of EU tariffs on Chinese EVs; the G6, priced competitively against Tesla's Model Y, is expected to significantly impact the UK premium...

XPENG Enters UK EV Market, Exploiting Tariff-Free Access

XPENG Motors, a Chinese EV manufacturer, launched its G6 model in the UK this month, aiming to leverage British consumer openness to new technologies and the absence of EU tariffs on Chinese EVs; the G6, priced competitively against Tesla's Model Y, is expected to significantly impact the UK premium...

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Industry, Innovation, and Infrastructure

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What is the primary driver for XPENG's entry into the UK EV market, and what are the immediate implications for the British automotive sector?

XPENG Motors, a Chinese electric vehicle (EV) manufacturer, launched its G6 model in the UK, aiming to capitalize on British drivers' openness to new technologies and the absence of EU tariffs on Chinese EVs. The G6, a premium SUV coupe priced competitively against Tesla's Model Y, represents XPENG's strategic move into the European market.

forbes.com

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Feb 11, 04:08

Musk's Controversies Drag Down Tesla Stock and Sales

Negative publicity surrounding Elon Musk's political actions and controversial salute has led to vandalism, protests, and a 27% drop in Tesla's stock price since December 2024, with sales also plummeting in major markets and two-thirds of potential buyers now unwilling to consider a Tesla.

Musk's Controversies Drag Down Tesla Stock and Sales

Negative publicity surrounding Elon Musk's political actions and controversial salute has led to vandalism, protests, and a 27% drop in Tesla's stock price since December 2024, with sales also plummeting in major markets and two-thirds of potential buyers now unwilling to consider a Tesla.

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Reduced Inequality

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How has Elon Musk's recent controversial actions directly impacted Tesla's sales and brand reputation?

Tesla's recent controversies, including Musk's political actions and controversial salute, have resulted in vandalism at Tesla stores and protests against the Department of Governmental Efficiency (DOGE). This negative publicity has significantly impacted Tesla's brand image and sales, leading to a 27% stock plummet since December 2024.

usa.chinadaily.com.cn

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Feb 11, 07:07

Chongqing's Export Surge and Foreign Investment Growth in 2024

In 2024, Chongqing, China, achieved a 715.42 billion yuan foreign trade volume, fueled by robust growth in auto (30 percent increase) and electric vehicle (94 percent increase) exports, ranking first and third nationally respectively, while attracting significant foreign investment from Singapore th...

Chongqing's Export Surge and Foreign Investment Growth in 2024

In 2024, Chongqing, China, achieved a 715.42 billion yuan foreign trade volume, fueled by robust growth in auto (30 percent increase) and electric vehicle (94 percent increase) exports, ranking first and third nationally respectively, while attracting significant foreign investment from Singapore th...

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How have national and international development initiatives contributed to Chongqing's economic success?

Chongqing's success is driven by its geographic advantages as a transportation hub within national development programs (China's western regions, Chengdu-Chongqing Economic Circle) and international initiatives (Belt and Road Initiative, Yangtze River Economic Belt). The China-Singapore (Chongqing) Demonstration Initiative, celebrating its 10th anniversary, plays a crucial role, attracting significant Singaporean investment and fostering international trade.

usa.chinadaily.com.cn

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Feb 11, 16:09

China's Automakers Accelerate Intelligent Driving Development

Chinese automakers are rapidly advancing intelligent driving technologies, with BYD leading the way through a record $4.56 billion R&D investment in 2024's first three quarters and the adoption of open-source AI models like DeepSeek to reduce costs and accelerate development, aiming for widespread a...

China's Automakers Accelerate Intelligent Driving Development

Chinese automakers are rapidly advancing intelligent driving technologies, with BYD leading the way through a record $4.56 billion R&D investment in 2024's first three quarters and the adoption of open-source AI models like DeepSeek to reduce costs and accelerate development, aiming for widespread a...

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Industry, Innovation, and Infrastructure

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How will the adoption of DeepSeek specifically impact the development and affordability of intelligent driving systems in China?

The integration of the open-source large language model DeepSeek is expected to accelerate the development and reduce the cost of intelligent driving systems, thereby increasing the penetration rate among carmakers and making the technology more accessible to consumers. This is evidenced by the adoption of DeepSeek by major players like BYD, Geely, and Dongfeng Motor.

forbes.com

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Feb 11, 01:09

Canadian EV Range Test Reveals Significant Cold-Weather Impact

The Canadian Automobile Association's winter tests of 13 EVs revealed significant range reductions compared to manufacturer estimates, with the Toyota bZ4X losing 37% and the Chevrolet Silverado EV only 14%, highlighting the impact of cold weather on EV performance.

Canadian EV Range Test Reveals Significant Cold-Weather Impact

The Canadian Automobile Association's winter tests of 13 EVs revealed significant range reductions compared to manufacturer estimates, with the Toyota bZ4X losing 37% and the Chevrolet Silverado EV only 14%, highlighting the impact of cold weather on EV performance.

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Affordable and Clean Energy

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What technological advancements or user behaviors could mitigate the significant range loss experienced by EVs in extremely cold temperatures?

These findings underscore the need for improved cold-weather EV technology and more realistic range estimates. Future EV development should focus on optimizing battery performance in low temperatures and reducing energy consumption from heating systems to better manage driver expectations and prevent range anxiety in cold climates.

Showing 841 to 852 of 1,280 results