China’s Zhejiang Geely Holding Group will not bid for a majority stake in Fisker Automotive, mainly due to the automaker’s obligations to the US government, Reuters reported, citing two confidential sources. Geely, the owner of Volvo, was expected to win the deal for the maker of the Karma, but the Chinese firm doesn’t care for… Read more »
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InfiMotion partners with global OEM to develop 800 V electric drivetrain
Electric motor specialist InfiMotion has collaborated with “a global premium electric vehicle manufacturer” to develop the L700 PMSM (Permanent Magnet Synchronous Motor) and to integrate it into the manufacturer’s new Gran Tourer EV. InfiMotion has designed the gearbox for the L700, positioned in the rear of the new model. It is specifically made for the… Read more »
REE Automotive’s modular REEcorners enable unprecedented flexibility in EV design
Taking the EV skateboard chassis to another level Q&A with Dr. Peter Dow, REE Automotive’s VP of Engineering. To a large extent, vehicles are designed around their propulsion systems. The first generation of modern EVs shoehorned an electric motor and a battery into a vehicle that was designed around an engine, a transmission and a… Read more »
Chinese EVs at CES: press in awe, auto OEMs in terror
Chinese EVs are here, and “Western” automakers are in trouble. That was the message EV journalists brought home from the CES show. Prolific EV industry pundit James Carter noted that few of the legacy automakers had any EVs on display at CES—the Sony/Honda partnership Afeela rehashed a concept car that’s been kicking around the shows… Read more »
Why did European EV sales take a tumble in August?
European registrations of new battery EVs dropped sharply in August. According to JATO Dynamics, monthly sales fell by 36% compared to 2023, the largest drop recorded since January 2017. BEV market share fell from 21.8% in August 2023 to 16.6% in August 2024. Time to close up shop here at Charged, and go back to… Read more »
EU imposes hefty provisional tariff increase on subsidized Chinese EVs
The European Union has taken steps to raise tariffs on electric vehicles manufactured in China with provisional duties. The European Commission, the EU’s executive arm, said that the provisional results of its investigation into Chinese EV subsidies had found that the country’s value chain “benefits from unfair subsidization.” Such subsidization, in turn, is causing a… Read more »
Three perspectives on China’s EV industry (spoiler alert: legacy brands are toast)
Jeremiads lamenting China’s takeover of the global auto industry are everywhere these days. Three recent accounts stand out from the pack. These articles cover three different aspects of the tragic tale, but all are authoritative, fact-filled pieces written by journalists with first-hand knowledge of what’s going on in the Middle Kingdom, and I recommend that… Read more »
EV lithium consumption rises 40% in 2023, led by Europe and Americas
Adamas Intelligence data shows that 408,214 tonnes of lithium carbonate equivalent (LCE) were deployed globally in new passenger EV batteries last year, up by 40% from 2022. Europe and the Americas accounted for 40% of global deployment, rising by 38% to 163,423 tons in 2023. Across the three continents, Tesla took the top spot with… Read more »
Polestar 3 goes into production in China, production to start in South Carolina later this year
Things are moving along briskly at electric automaker Polestar. The company has begun production of its third model, the Polestar 3 SUV, in Chengdu, China. Importantly for US buyers, production is also slated to begin in South Carolina in mid-2024. The company has successfully completed a production test series at its Carolina plant. “This stunning… Read more »
The US and EU take different approaches to the threat of Chinese EV imports
Governments in North America and Europe are seriously concerned about China’s growing dominance of the EV industry. Chinese automaker BYD recently surpassed Tesla as the world’s leading seller of EVs, and it’s only one of several Chinese-owned brands that are already selling cars in the US and the EU. However, the world’s #2 and #3… Read more »