European electronics giant ABB has increased its majority stake in Chinese charging provider Chargedot from 67 percent to 80 percent. ABB is now one of two shareholders in Chargedot, alongside a subsidiary of China’s largest vehicle manufacturer, SAIC, which retains a 20 percent stake. Both companies have benefited from their partnership. Chargedot has implemented ABB’s… Read more »
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Chinese battery-maker Gotion to establish US LFP cell production for…Tesla?
Chinese battery cell manufacturer Gotion High-Tech reports that it has agreed to supply 200 GWh of LFP battery cells to an unnamed “large US automaker” between 2023 and 2028. Initially, the cells will come from China, but the agreement also envisions establishing LFP battery cell production in the US. Gotion wrote in a filing on… Read more »
Chinese automakers adopting Tesla’s megacasting technology
Tesla’s megacasting technique—using giant casting machines to make car bodies with just a few massive cast parts—greatly reduces the complexity of the body assembly process, saving costs and improving efficiency. Tesla is producing Model Y at Gigafactory Texas using an enormous Giga Press to cast a single rear body piece, which replaced 70 different parts…. Read more »
The Chinese are coming—NIO delivers ES8 EV in Norway
Chinese EV-maker NIO has begun deliveries of its ES8 electric SUV in Norway, and has opened a service and delivery center in Oslo. The ES8 comes in six- and seven-seat configurations. It boasts a 0-100 km/h time of 4.9 seconds and a peak (CCS) charging rate of 120 kW. There are two battery pack options:… Read more »
Chinese EVSE provider XCharge closes Series B funding round
XCharge, a provider of charging solutions in the Asia-Pacific and European markets, has closed a Series B funding round with participation from Shell Ventures (the venture capital arm of oil giant Royal Dutch Shell) and other investors. XCharge offers a wide range of AC and DC charging products, as well as technologies such as V2G,… Read more »
Tesla to use LG’s new NCMA cathode materials in Chinese Model Y
Over the last few years, Tesla has been diversifying its battery supply chain, working with new suppliers and trying out new chemistries in its cells. Gigafactory Shanghai, which is geographically close to the Asian firms that currently supply most of the world’s Li-ion cells, has been the center of the automaker’s brave new battery biz…. Read more »
Chinese phone maker Xiaomi rings into booming EV market
Everybody wants to get into the EV racket—Chinese hopefuls include search engine provider Baidu, e-commerce giant Alibaba and ride-hailing app DiDi Chuxing. Even vacuum cleaner vendor Dyson set out to suck up some coins from the electric carpet before conceding that it couldn’t see a way to commercial viability. The latest entrant to the crowded… Read more »
New Chinese Mini EV flying off the lots
Bring the prices of EVs down, and people will buy. That’s the latest lesson from China, where customers took delivery of an astonishing 200,000 Wuling Hongguang Mini EVs in the vehicle’s first 200 days of production. According to the Asian auto industry gurus at ZoZo Go, it’s the strongest product debut in the history of… Read more »
Chinese EV-maker Evergrande raises $3.35 billion
China Evergrande New Energy Vehicle Group, a Hong Kong-listed unit of the real-estate giant Evergrande Group, has raised HK$26 billion ($3.35 billion US) in an offering of 952 million new shares. The company will use the new funding for R&D, vehicle production, and to retire older debt. China Evergrande NEV is controlled by Hui Ka-yan,… Read more »
Elkem’s Chinese workshop dedicated to specialized silicones for EVs
Elkem has opened a new production workshop in Shanghai, dedicated to the development and manufacturing of specialized silicones for EVs. Elkem tells us that an EV contains an average of four times more silicone than a legacy car. Silicone is a key component in airbags, cables, hoses and tires, and Elkem is a supplier to… Read more »