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14 January 2025
The EV industry in the US is facing a chicken-and-egg conundrum. Manufacturers of EV charging infrastructure need EV drivers as customers to earn profits, but those drivers want chargers in place before they’ll buy an EV. As the FT’s Jamie Smyth discovers, it’s a problem that will need to be solved by both policymakers and the private sector. #electricvehicle #evindustry #cars #evcharging
11 January 2025
Car enthusiasts have descended on the U.S. state of Michigan for the Detroit Auto Show. One topic of conversation is focused on the future of Electric Vehicles.
Although EV sales continue to rise in China, sales of EVs in Germany have slumped, while growth in the U.S. EV market has slowed. CGTN’s Dan Williams has the story.
8 January 2025
Chinese car brands are making inroads into the African market, slowly building their customer base in countries where second-hand vehicles control a large segment of the transport sector. But in the classic car sector, EV tech from these same Chinese brands is driving innovation as drivers seek to shift from internal combustion engine (ICE) vehicles to renewable energy ones. Although buying a new Chinese EV may be out of reach for many Kenyans, this has not limited innovations offering solutions to help them transition from expensive ICE vehicles. An electrical engineer driven by passion, Joe Gakuru works on vehicles with various Chinese EV components, including batteries. His early tinkering with electronics and batteries has led him on a path that laid the foundation for the establishment of Qtron Industries transforming it from a modest e-waste recycling company into a trailblazer in e-mobility and energy solutions.
Self-taught in reverse engineering, he combined this knowledge with his deep love for green energy and innovation, paving the way for his journey into the EV and energy storage sectors. At Qtron, Gakuru and his team also repair and build batteries and retrofit ICE vehicles and motorbikes into EVs.
8 January 2025
Tesla has long been at the forefront of battery innovation, utilizing advanced lithium-ion technology in its vehicles. The Model Y, much like the Model 3, has seen ongoing advancements, including the integration of Tesla's groundbreaking 4680 battery cells.
Recently, Elon Musk announced plans to introduce aluminum-ion batteries in the 2025 Tesla Model Y. What makes this new battery technology unique?
Could it surpass lithium-ion batteries and drive the evolution of Tesla’s next-generation Model Y?
2 January 2025
Chinese automaker BYD Co. (1211.HK, BYDDF) has shattered its 2024 sales targets, delivering 4.27 million electric vehicles — a 41.3% leap from 2023. The company also hit a monthly sales record in December, posting 514,809 units sold.
Morning Brief anchors Seana Smith and Brad Smith analyze the factors propelling BYD's market expansion against rising rivals in the Chinese auto market like Tesla (TSLA).
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Angel Smith
25 November 2024
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, stirring a debate about whether it needs to do more to attract investment as startups struggle to catch up with Chinese rivals.
15 November 2024
The reason why BYD went from being a bargain battery maker to Tesla's biggest rival is because of its emphasis on affordability, and to further shake the global EV industry, BYD’s CEO has unveiled a new electric vehicle priced at just 4,999 dollars.
This, in addition to challenging the high cost status quo of electric cars, opens doors for widespread access to eco friendly vehicles like never before.
But how did BYD achieve this shocking price cut, and can this budget friendly car still compete in quality and performance?
Join us as we explore the revolutionary vision behind BYD’s latest offering, examining its impact on the EV market.
3 October 2024
Toyota is delaying plans to make electric vehicles in the US until the first half of 2026 due to slowing sales, but the firm will instead ship the premium cars from Japan, according to a Nikkei report.
#News #toyota #autos #Reuters #Newsfeed Read the story here: https://reut.rs/3N8jMrd
10 September 2024
German carmakers are sinking deeper into a crisis undermining the future of the country’s most important industry, with BMW warning that profits will get hit by a costly brake problem and Volkswagen scrapping 30 years of job protections. Micheal Dean, Bloomberg Intelligence Head of Global Autos joins Bloomberg Intelligence to break down how this will change the car market.
