Pan Jian, Co-Chairman of CATL: China’s Electric Vehicles Are Transitioning from “EV” to “EIV”

Pan Jian, Co-Chairman of CATL: China’s Electric Vehicles Are Transitioning from “EV” to “EIV”

In the Chinese automotive industry, the traditional term ‘EV (electric vehicle)’ has been replaced by the new term ‘EIV (electric intelligent vehicle)’. Pan Jian, co-chairman of CATL, proposed this view at the World Economic Forum annual meeting in Davos, Switzerland. Pan Jian explained: “‘I’ represents intelligent.” Pan Jian believes that the rapid growth of China’s electric vehicle market is due to the perfect integration of ‘electric’ and ‘intelligent’. “Electricit...
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BYD Partners with Grab to Provide 50,000 Electric Vehicles Across Southeast Asia

BYD Partners with Grab to Provide 50,000 Electric Vehicles Across Southeast Asia

On January 15, 2025, Chinese automaker BYD announced its strategic partnership with Southeast Asian mobility giant Grab, to deliver 50,000 BYD electric vehicles for Grab drivers across the region. Through this collaboration, Grab and BYD hope to drive the electrification of Southeast Asia’s transportation sector by providing BYD vehicles to its partners and drivers at the most competitive prices and with enhanced battery warranty services. Drivers can choose to lease electric vehicles from Gra...
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BYD Will Produce Electric Vehicles in Europe Next Year

BYD Will Produce Electric Vehicles in Europe Next Year

BYD‘s global expansion is still ongoing, and next year the company will produce its best-selling models Dolphin and Atto 3 in Europe. In an interview with the German business magazine Capital, Li Ke, head of BYD’s European region, revealed that BYD is building a large production base in Hungary and will start capacity expansion by the end of 2025. Li Ke stated that initially BYD planned to produce the micro electric car Seagull in Europe first, but the company adjusted its production priorit...
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BYD Plans to Start Producing Electric Vehicles in Brazil Before March 2025

BYD Plans to Start Producing Electric Vehicles in Brazil Before March 2025

On Monday evening local time, the Brazilian government issued a notice announcing that the country’s President Luiz Inácio Lula da Silva met with Stella Li, Vice President and CEO of BYD Americas at the Planalto Palace to receive a briefing on BYD’s plan to produce the first batch of electric vehicles in Brazil by March 2025. Simply put, BYD plans to create 10,000 direct job opportunities for its new factory in Brazil from January to August 2025 and aims to create a total of 20,000 jobs by...
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BYD’s New Electric Vehicle Factory in Indonesia to Start Operation in 2026

BYD’s New Electric Vehicle Factory in Indonesia to Start Operation in 2026

Today, BYD Auto Indonesia announced a partnership agreement with PT Suryabuat Swadaya, the developer of the “Subang Smartpolitan” industrial park. Suryacipta Swadaya stated that BYD has chosen the “Subang Smartpolitan” industrial park as the site for its electric vehicle factory, which covers an area of over 108 hectares, making BYD the largest tenant in the park. The statement pointed out that the establishment of BYD’s electric vehicle factory in “Subang Smartpolitan” marks a sig...
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CATL Develops Faster-Charging Batteries for Tesla’s Upcoming Low-Cost Electric Vehicle

CATL Develops Faster-Charging Batteries for Tesla’s Upcoming Low-Cost Electric Vehicle

China’s leading battery manufacturer CATL is developing faster-charging batteries for Tesla as the automaker seeks to defend its market share and introduce an electric vehicle priced below $25,000. Zeng Yuqun, chairman of CATL said on Monday that there is always room to reduce costs, depending on what the goal of the $25,000 car is. He also added that if it is to be used as an autonomous taxi, there is no need to worry about reducing the cost of each battery pack, because CATL’s batteries ha...
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