Shakeout for China’s EV Market
Funding dries up as market demand swoons
Bill Hampton
Editor-in-Chief, AutoBeat Daily
China EV Maker Takes Norwegian Route to Europe
New BYD SUV will be followed by several light commercial trucks
BYD Touts Safer EV Battery
Flat design boosts cooling capabilities and improves driving range
China Calls the Shots on Car Sales
China continues to magnify the ups and downs of global sales totals.
Vietnam Carmaker Takes Aim at U.S.
Vietnam’s first local carmaker, 2-year-old VinFast, aims to do something no Chinese OEM has yet accomplished: launch sales in the U.S.
Chinese Carmakers Eye Indian Market
Chinese vehicle manufacturers, who are facing slumping sales in their home market, are looking at India for potential growth.
Audi Confirms Battery Talks with BYD
Audi AG operations in China confirm the company is in talks to supply its electric car output in China with batteries from local EV maker BYD Co.
Frito-Lay, Transportation and the Environment
Addressing greenhouse gas reduction in the snack food supply chain
Gary S. Vasilash
Editor-in-Chief, AutoBeat Group
Toyota, BYD to Form EV Venture
Toyota Motor Corp. and BYD Co. are creating a 50:50 joint venture in China that will develop battery-electric vehicle platforms and related technologies.
ABB Acquires Chinese EV Charging Specialist
Swiss engineering and robotics giant ABB Group has agreed to purchase 67% of Chargedot New Energy Technology Co., which supplies charging systems for electric vehicles.
Toyota/Lexus to Launch 3 EVs by 2021
Toyota Motor Corp. says it will launch three electric vehicles between its namesake and Lexus brands within the next two years.
Porsche in Talks with CATL on EV Batteries
Volkswagen AG’s Porsche unit has met several times with Contemporary Amperex Technology Ltd. about the Chinese company supplying lithium-ion batteries for future electric vehicles.
Report: Global EV Sales Fell 14% in July
Worldwide deliveries of electric passenger vehicles reportedly plunged 14% to 128,000 units in July, marking the first drop in several years.
Report: Audi May Source EV Batteries from BYD
Volkswagen AG’s Audi unit is in “advanced” talks with China's BYD Co. as a battery supplier for Chinese market electric vehicles, sources tell Bloomberg News.
Hyundai and Baidu Sign MOU
Baidu is a China-based tech company that is regularly referred to as the “Google of China,” given that it has a hugely popular search engine site and is doing a wide range of work that focuses on artificial intelligence for a variety of application, as well as working on autonomous vehicles.
Gary S. Vasilash
Editor-in-Chief, AutoBeat Group
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Report: VW to Invest in China Supply Base
Volkswagen AG is looking at ways to strengthen its supply base in China through joint ventures or equity stakes, sources tell Bloomberg News.
BYD’s Net Profit Triples in First Half of 2019
Chinese electric car specialist BYD Co. doubled its sales of electrified vehicles and tripled its net income in the first half of 2019.
Toyota Invests $600 Million in DiDi Chuxing
Toyota Motor Corp. is investing $600 million in Chinese ride-hailing giant DiDi Chuxing Technology Co.
Toyota, BYD to Co-Develop EVs for China
Toyota Motor Corp. and BYD Co. have agreed to co-develop all-electric cars and SUVs that will be marketed under Toyota’s name in China.
Toyota Finalizes EV Battery Partnership with CATL
Toyota Motor Corp. says it has launched a partnership with China’s Contemporary Amperex Technology Ltd., in which CATL will supply batteries for Toyota electrified vehicles.
Chinese EV Producers Ponder Indonesia to Avoid U.S. Trade War
Two Chinese electric car makers—BYD Co. and JAC Motors—could move some production to Indonesia to avoid the trade war between China and the U.S.
Didi Chuxing and What’s Missing
While the global car sharing market is anticipated to grow 34 percent annually between 2017 and 2024, the rate is expected to be 40 percent in China.
Gary S. Vasilash
Editor-in-Chief, AutoBeat Group
Toyota, BYD, Suppliers Team Up on EV Batteries, Parts
Toyota Motor Corp. and China’s Contemporary Amperex Technology Ltd. are forming a strategic partnership in which CATL will begin next year to supply batteries for Toyota electric vehicles made in China.
Kyocera, BYD Partner on Renewable Energy Storage
Japan-based tech giant Kyocera Corp. and the Japanese operations of China’s BYD Co. are co-developing an integrated process to generate and store renewable energy for use in electric vehicles and other applications.
BYD to Build New EV Plant in China
Chinese electric vehicle maker BYD Co. is investing 10 billion yuan ($1.5 billion) to construct a fourth EV manufacturing facility in Changzhou, China.
BYD Goes Big with Electric Bus
China’s BYD Co. says its 27-meter (89-ft) K12A electric bus is the world’s longest full-electric model ever.
Volvo Trucks Invests in Wireless Charging Developer
Truckmaker AB Volvo has made an unspecified investment in Momentum Dynamics Inc., a Malvern, Pa.-based developer of wireless charging systems for electric vehicles.
Domestic Brands Suffer as China Car Sales Sink
China’s domestic carmakers are taking the brunt of the country’s new-car sales slump, according to The Nikkei.
