Etiqueta: Japan

After China warned that BYD’s recent EV price cuts are creating “war panic,” the company is now turning up the...

After China warned that BYD’s recent EV price cuts are creating “war panic,” the company is now turning up the...

EU tariffs may limit discounting but Chinese carmakers will appeal to consumers with advanced technology

From Xiaomi’s electric car unit’s potential profit to fears of an Evergrande-style collapse, here are seven EV stories you may have missed.

Maruti Suzuki has cut near-term production targets for its maiden electric vehicle e-Vitara by two-thirds because of rare earths shortages, a document showed, in the latest sign of disruption to the auto industry from China's export curbs.

China's export controls on rare earth elements, crucial for various industries, have sparked global concern, particularly in the electric vehicle sector. While China dominates rare earth mining and refining, this strategic move to weaponize these resources is incentivizing other nations to develop their own supply chains and explore alternative materials.

BERLIN/LONDON/DETROIT (Reuters) -Frank Eckard, CEO of a German magnet maker, has been fielding a flood of calls in recent weeks. Exasperated automakers and parts suppliers have been desperate to find alternative sources of magnets, which are in short supply due to Chinese export curbs. "The whole car industry is in full panic," said Eckard, CEO of Magnosphere, based in Troisdorf, Germany.

The Seal 07 DM-i has been renamed Seal 7 DM-i in the Gulf region and is now available in Saudi Arabia, the UAE, Kuwait, Qatar, and Oman.

BYD registered a record 416 vehicles in Japan in May, with over 240 of them being the newly launched Sealion 7 electric SUV.

CATL and BYD's combined EV battery installations in January-April totaled 171 GWh, accounting for 55.4 percent of the global total.