Page 2 - Peng News Today

The push is working so well that the grid now has more power than it can handle in Shandong province

The premium EV brand Zeekr first hinted at its initial public offering plans last year

BorgWarner: The 800V oil-cooled high-voltage hairpin eMotors are for two future XPeng SUV models. The eMotor offers high power and torque density, enhanced efficiency, and superior durability, the company said.

The world's largest auto market is swamped by more than 120 EV makers

China’s top three premium EV makers posted mixed sales last month, as companies remain entrenched in a price war in the world’s largest car market that shows no signs of ending.

China’s automotive sector braces for an escalating price war, and the intensified scramble for market share could hasten the closure of unprofitable laggards.

Electric-driven robots are quieter, more efficient, less costly to operate and less prone to breakdowns.

Creating enough jobs for its young people remains a daunting challenge for Beijing, with the key private sector struggling to shake off scars of the coronavirus pandemic.

Beijing Auto Show: Exporting that overcapacity, however, has brought EV makers to authorities attention. XPeng said a European probe into Chinese-made EVs could steer it to invest in plants or suppliers abroad, as the spectre of higher tariffs looms.

EV stocks are getting a jolt today after two leading companies are steering more directly into a new market.