Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies

Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US After the United States passed new subsidies designed to boost domestic electric vehicle production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in an unlikely place: Morocco. In the rolling hills near Tangiers and in industrial parks near the Atlantic Ocean, they have announced plans for new factories to...
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American interest in electric vehicles short circuits for first time in four years

American interest in electric vehicles short circuits for first time in four years

Interest in electric vehicles has waned slightly among US motorists for the first time since 2020 says Pew Research, with only three out of ten Americans right now saying they’re considering a battery-powered ride for their next purchase. That’s a drop of nine percent in the past year, according to the analysis, which found respondents were most concerned about EV reliability and cost when comparing them to their gas-guzzling counterparts. Even more interesting is the considerable de...
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China and Poland agree to boost cooperation on electric vehicles

China and Poland agree to boost cooperation on electric vehicles

China and Poland have agreed to cooperate on electric vehicles despite the European Union’s recent decision to raise tariffs on Chinese imports. “Both sides will support the growth of two-way investments in electric vehicles, green development, logistics and other sectors,” a joint action plan for 2024-27 said. The document, which aims to “strengthen the comprehensive strategic partnership” between the two countries, was issued after Chinese President Xi Jinping met his Polish counterp...
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Room to grow and eyes on U.S. market in China’s electric vehicle capital

Room to grow and eyes on U.S. market in China’s electric vehicle capital

LIUZHOU, China — Liuzhou may be a small city by Chinese standards, but it’s a big player when it comes to the country’s thriving electric vehicle industry. The city of 4 million, a longtime center of car manufacturing in the southwestern region of Guangxi, brands itself as an EV capital — and for good reason. Last year, it produced half a million EVs of all kinds, with the capacity to make about three times that. Huge industrial growth aided by the government has raised concerns about Ch...
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EU probe into Chinese electric vehicle subsidies stirs debate over ‘unfair’ treatment

EU probe into Chinese electric vehicle subsidies stirs debate over ‘unfair’ treatment

The European Union’s decision to increase tariffs on Chinese electric vehicles has triggered a debate about whether the country is being unfairly singled out. China is not alone in subsidising its domestic industry, but critics say the scale of its subsidies sets it apart. However, one Chinese economist defended state support for EVs, saying Brussels has not understood the thinking behind them. Trade tensions between the two sides escalated this month after the EU announced punitive tariffs of...
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EU and China set for talks on planned electric vehicle tariffs

EU and China set for talks on planned electric vehicle tariffs

By Maria Martinez SHANGHAI (Reuters) -China and the European Union have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) being imported into the European market, senior officials of both sides said on Saturday. Germany’s Economy Minister Robert Habeck said he had been informed by EU commissioner Valdis Dombrovskis that there would be concrete negotiations on tariffs with China. The confirmation came after China’s commerce ministry sai...
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Delta Electronics and Texas Instruments Unveil Joint Innovation Laboratory to Develop Advanced Power Systems for Electric Vehicles, Business News – AsiaOne

Delta Electronics and Texas Instruments Unveil Joint Innovation Laboratory to Develop Advanced Power Systems for Electric Vehicles, Business News – AsiaOne

, /PRNewswire/ — Delta, a global leader in power management and a provider of IoT-based smart green solutions, today announced the establishment of a joint innovation laboratory with Texas Instruments (TI), a global semiconductor leader. With TI’s innovative technologies and ample experience in digital control and gallium nitride (GaN) and Delta’s core competence in high-efficiency power electronics, the joint lab will not only deepen the long-term relationship between the two...
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Fisker files for bankruptcy protection, the second electric vehicle maker to do so in the past year

Fisker files for bankruptcy protection, the second electric vehicle maker to do so in the past year

By  MICHELLE CHAPMAN Updated : , ,   Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early adapters of the technology. Fisker Group Inc. said in a filing with the U.S. Bankruptcy Court in Delaware that its estimated assets are between $500 million and $1 billion. It estimated liabilities are between $100 million and $500 million, with between 200 a...
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Ola switches on electric vehicle battery cell tech pioneered by Tesla

Ola switches on electric vehicle battery cell tech pioneered by Tesla

Ola switches on electric vehicle battery cell tech pioneered by Tesla Starts trial run with 4680 battery cells Premium Surajeet Das Gupta New Delhi 4 min read Last Updated : Jun 16 2024 | 11:47 PM IST In the coming months, Ola Electric is set to join a select group of electric vehicle (EV) manufacturers by starting the commercial use of the cutting-edge 4680 battery cells. Currently undergoing trial runs in Ola Electric’s two-wheelers, these battery cells are designed and manufactured in-house...
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Valencia using PV trees to recharge small electric vehicles, mobile devices

Valencia using PV trees to recharge small electric vehicles, mobile devices

The city of Valencia, Spain, has installed solar trees to recharge small electric vehicles and mobile devices, with a total investment of about €370,000 ($395,600). Each solar tree can generate up to 5,600 kWh per year. June 14, 2024 Jose Pedrosa...
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