Page 2 - Troy Lu News Today

Chinese battery suppliers are raising prices as a result of the surging demand for new energy vehicles and a continuous rise in raw material prices.

Govt to create circular economy for electric power batteries By CAO YINGYING | China Daily | Updated: 2021-07-19 08:06 Share CLOSE Workers assemble batteries at a plant in Huaibei, Anhui province. [Photo by Wan Shanchao/For China Daily] The Chinese government has released a plan to reduce the impact that batteries used in new energy vehicles have on the environment, as NEVs continue to grow in the automotive sector as a whole. The plan ...

Lithium demand sees battery firms expand By CAO YINGYING | China Daily | Updated: 2021-06-07 09:57 Visitors check out BYDs blade-shaped battery at this years Shanghai auto show, held from April 19-28. [Photo provided to China Daily] Chinese corporations boosted as Europe and South America among largest areas of growth Chinese lithium companies are accelerating their entry into overseas markets as demand in the renewable energy industry surges. Ganfeng Lithium ...

  Media outlets and the central authorities have called on Tesla to respect Chinese consumers and comply with local laws and regulations, following the electronic vehicle makers belated apology for its attitude toward customer complaints.   A woman climbed on top of a Tesla Model 3 car during an auto show in Shanghai on Monday and shouted about alleged quality defects that caused her car to crash.   The woman, who had protested before about the brake malfunction, was detained by local police...

Tesla urged to respect Chinese consumers, laws By HE WEI in Shanghai | CHINA DAILY | Updated: 2021-04-22 07:22 Share CLOSE The logo of car manufacturer Tesla is seen at a branch office in Bern, Switzerland, Oct 28, 2020. [Photo/Agencies] Firm backtracks on uncompromising stance, pledges to address concerns Media outlets and the central authorities have called on Tesla to respect Chinese consumers and comply with local laws and regulatio...

Xiaomi entry adds spice to e-car sector By MA SI/LI FUSHENG | China Daily | Updated: 2021-04-01 09:06 Share CLOSE The logo of Xiaomi is seen inside the companys office in Bengaluru, India, on Jan 18, 2018. [Photo/Agencies] Xiaomi Corps decision to foray into the electric car business will further intensify competition in the booming sector, and it remains to be seen how the Chinese smartphone company will leverage its research and devel...

Show sparks quality talk amid row over car recalls By LI FUSHENG | China Daily | Updated: 2021-03-17 09:14 Share CLOSE An employee works on a transmission production line of a Ford venture in Chongqing. [Photo/Xinhua] International carmakers should ensure the quality of both their products and services in China, which would prove crucial for their development in the largest and most competitive automotive market, experts said on Tuesday...

Baidus decision to produce cars have caused a stir in the capital and automotive markets, but the Chinese tech company is more likely to build robotaxi fleets than sell vehicles to individual customers, analysts said. The company announced its plan last week to build a standalone car company to produce and market passenger vehicles, using Chinese carmaker Geelys electric vehicle architecture. Baidu did not offer details on how its vehicles will be different than those from Tesla or any other ga...

Big money backing Chinas market for NEVs By CAO YINGYING | China Daily | Updated: 2021-01-11 10:50 Share CLOSE Tesla sign is seen at the third China International Import Expo (CIIE) in Shanghai on Nov 5, 2020. [Photo/Agencies] Global investors have shown confidence in Chinas new energy vehicle market, with record financing in 2020. The emerging new energy vehicle industry raised 129.21 billion yuan ($20 billion) last year. It marks an i...

China’s powertrain industry should opt for diversified tech route to go electric Monika From Gasgoo | December 27 , 2020 Shanghai (Gasgoo)- New energy vehicles (NEVs) and hybrid electric vehicles (HEVs) will each account for 50% of annual new car sales in China by 2035, according to the 2.0 version of Technology Roadmap for Energy Saving and New Energy Vehicles (called “2.0 Roadmap” for short) issued in late October. The target indicates Chinas resolution to achieve complete electrificat...