Search Results Found For: "byd"

Majority of demand for nickel and cobalt coming from 5 battery suppliers

In 2019, over 59,000 tons of nickel and 14,400 tons of cobalt were deployed globally in passenger EV batteries, a one-year increase of 39% and 34%, respectively, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker. Panasonic used  51% of the global market share of nickel (down from 56% in 2018),… Read more »

DiDi to launch shared EV fleet in Mexico

Chinese ridesharing company DiDi Chuxing plans to launch a fleet of electrified vehicles in Mexico. The rollout will include over 700 EVs and hybrids from OEMs such as BYD and Renault. Of these, 200 EVs will be for the exclusive use of DiDi drivers.  DiDi claims to operate the world’s largest EV fleet, including nearly… Read more »

Volkswagen acquires 20% of Chinese battery maker Guoxuan

Volkswagen plans to acquire 20% of Chinese battery maker Guoxuan, Reuters reports, accelerating the German giant’s foray into China’s growing EV market. At current prices, the 20% stake would be worth about $560 million. Volkswagen is currently the top foreign automaker in China, and has set a goal of selling 1.5 million new energy vehicles… Read more »

New report: Electric trucks and buses are a win-win-win

A new study quantifies what commercial EV-makers have been saying for years: electric trucks and buses are a triple win. They save money for fleet operators, and reduce both local air pollution and carbon emissions. Furthermore, in California (among other places), they generate jobs and economic benefits. American bus-builder Proterra is headquartered in Silicon Valley… Read more »

Letter from South America: electric buses rolling in Chile, Colombia and Ecuador

Electric buses are on a roll worldwide, thanks to their compelling economic and environmental benefits. South America, which is rapidly urbanizing, heavily dependent on bus transit and plagued by air pollution, is emerging as a major market for e-buses. According to Intelligent Transport, South American bus networks transport nearly 13 times more passengers than European… Read more »

Is China opening up its EV battery market to foreign suppliers?

China has eliminated its list of “recommended battery suppliers,” according to the industry ministry. Foreign battery-makers hope this will open up the country’s market for EV batteries. When the list was first published in 2015, it included only Chinese firms, a policy designed to aid China’s domestic battery sector. Foreign battery-builders complained that the list… Read more »

Despite weak EV sales, total battery capacity increased 69% YOY in April 2019

Despite weak EV sales growth in April 2019 compared to the same month the year prior, total battery capacity deployed in newly-sold EVs increased markedly over the same period, according to Adamas Intelligence’s EV Battery Capacity Monthly. While total EV sales increased just 19.6% over the previous April, the industry deployed over 6.7 GWh of… Read more »

Proterra CEO: Electric buses are close to inevitable

The economic case for electric transit buses has become a no-brainer, Proterra CEO Ryan Popple told Bloomberg in a recent interview. The energy cost of a typical e-bus is about 20 cents per mile, compared to about 75 cents per mile for diesel. The up-front costs for e-buses are substantially higher, but Proterra recently introduced… Read more »

Indianapolis buses to use wireless inductive charging

EV charging company Momentum Dynamics has partnered with BYD and Indianapolis Public Transportation (IndyGo) to install three 300 kW inductive charging points in Indianapolis. The charging points will be placed along the Red Line transit route, enabling IndyGo’s fleet of 31 electric buses to charge en route. Momentum Dynamic currently operates wireless inductive chargers in four… Read more »

Toyota accelerates its electrification plans, teases six new EVs

EV advocates have long been puzzled by the policies of Toyota. The company that initiated vehicle electrification in 1997 with the Prius, and that currently makes the second-best-selling plug-in vehicle in the US (the Prius Prime) has consistently dismissed the benefits of pure EVs, insisting that hybrids are superior, and diverting resources to fuel cell… Read more »