BYD Vice President: E-mobility in Germany is at risk
SHENZHEN – In an interview with the Italian media outlet “Motor 1,” Stella Li, Vice President of the Chinese electric car manufacturer BYD, sharply criticized the current conditions for electric mobility in Germany. Rising electricity prices and political uncertainty were … Continue reading BYD Vice President: E-mobility in Germany is at risk
BMW and DeepDrive’s New Electric Motor Hits the Road
MUNICH – In a groundbreaking development for electric vehicle technology, BMW’s Startup Garage, in collaboration with the innovative Munich-based R&D company DeepDrive, has announced the commencement of road tests for a pioneering electric motor with dual rotor technology. This marks … Continue reading BMW and DeepDrive’s New Electric Motor Hits the Road
Novel battery from China could change everything
FRANKFURT/NINGDE – In July 2021, Contemporary Amperex Technology (CATL) founder and CEO Robin Zeng announced a new type of battery storage that could potentially be game-changing for electric cars. In contrast to the scarce and expensive raw material lithium, the … Continue reading Novel battery from China could change everything
Nio tumbles to record low after sales disappoint
Shanghai/New York – U.S.-listed shares of Tesla rival Nio Inc (NIO.N) tumbled 25% after the Chinese electric carmaker posted a drop in quarterly vehicle sales, blaming a cut in subsidies and weak demand. China has been steadily rolling back subsidies … Continue reading Nio tumbles to record low after sales disappoint
BMW To Start Manufacturing Electric Car Batteries
Bangkok – In the case of BMW Group, the primary battery pack production site is in Dingolfing, Germany, but step-by-step the company is launching also other smaller sites around the world to localize battery assembly. There is already a BMW battery facility … Continue reading BMW To Start Manufacturing Electric Car Batteries