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China

Nidec, Renesas To Develop EV Drive System To Meet Demand In China

Ryuji Omura, left, a senior vice president at Nidec Corp., and Vivek Bhan, a senior vice president at Renesas Electronics Corp., at the Nidec Shin-Kawasaki Technology Center in Kawasaki on June 6 (Kazuhito Suwa)  Motor maker Nidec Corp. and chipmaker…

GM’s Proxima EV Concept Revealed In China Sporting Buick Badge, Gullwing Doors

General Motors has revealed a new concept car dubbed Buick Proxima, which was created at its Shanghai-based design studio and provides a glimpse into the group’s future all-electric line-up.  The Proxima is a zero-emissions sedan that features impressive gullwing doors…

Belarus To Modify Charging Stations To Adapt To Chinese EV

About 200 charging stations run by Belarusian oil company Belorusneft will be modified to adapt to Chinese electric vehicles by the end of 2023, a senior manager of the company said on Friday. They account for about 30 percent of…

China’s EV Market Recovers, KARS A Fund To Watch

EV manufacturers in China almost all reported rising sales in May as consumer and EV market recovery continues. As demand continues to grow, the KraneShares Electric Vehicles and Future Mobility ETF (KARS) remains well positioned to capture gains.  China is home to…

Chinese EV Battery Maker Gotion Mulls Factory In Morocco

Morocco‘s government and China-based battery maker Gotion High Tech have agreed to look into setting up an electric vehicle battery plant in the kingdom with up to USD 6.3 billion in eventual investment, Morocco’s investment agency said.  The agency, AMDIE, gave no…

Chinese EV Firms Eager To Join FTI

Chinese electric vehicle (EV) manufacturers are keen to become members of the Federation of Thai Industries (FTI) to help drive the fledging EV industry in Thailand.  The FTI is in talks with Chinese car manufacturers and hopes to reach a…

Chinese Carmaker’s Ambitious Plan To Become NZ’s Leading EV Brand

BYD’s New Zealand stocks have quickly risen from total unknown to household name in very short time. Now, the brand is set to take on the best from Japan and Europe – hitching its ambitions to its growing range of…

BYD, China’s Largest EV Manufacturer, Takes Aim At Southeast Asia Market

China’s largest electric vehicle manufacturer, has begun to penetrate the Southeast Asian market to challenge the stronghold held by Japanese automakers in the region.  BYD has launched an offensive on Japanese EVs, which hold more than 80% of market share…

New Energy Electric Vehicles In Gangbei District Of Guigang City Enters The ASEAN “Blue Ocean” Market

Recently, Guangxi Guigang Fushuai Electric Vehicle Co., Ltd. and PT. DFU INTERNATIONAL INDONESIA signed the first batch of directional purchase contracts for 20,000 new energy electric vehicles in Jakarta, Indonesia. Crystal Huang, CEO of PT. DFU INTERNATIONAL INDONESIA, said that driven…

As Electric Cars Boom, Locals Fear Chinese Battery Plant Will Harm Land In Drought-Stricken Hungary

Just beyond the pastoral gardens and traditional homes of an eastern Hungarian village, a gigaproject of Chinese industry is taking shape.  Bulldozers and excavators are already preparing the land for construction of a nearly 550-acre electric vehicle (EV) battery plant….