Tesla Concept
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FAW-Volkswagen is going to fight a tough battle.
Eager to break through.
Sodium-electric and semi-solid, half flame and half seawater | Jianzhi Research
Thanks to the new energy autos achieving a record high in delivery, the production, sales and installation volume of power batteries also hit a new high in June this year in all dimensions.
Revolutionary changes in lithium mining? IBAT has achieved commercialization of new lithium extraction technology for the first time.
The metal that is crucial for energy transition—lithium, has had a major breakthrough in mining technology. With the direct lithium extraction (DLE) technique, lithium production capacity is expected to double compared to current levels.
BYD Company Limited is expanding globally and will deliver nearly 6 million vehicles annually in two years, approaching the levels of Toyota and Volkswagen.
BYD Company Limited's journey to expand overseas is creating new opportunities for the company. JPMorgan believes that in the next 1-2 years, BYD's global expansion and potential growth opportunities in plug-in hybrid vehicles will drive a revaluation of its stock price. This week, China's electric vehicle giant BYD announced plans to invest $1 billion to build a factory in Turkey with an annual production capacity of 150,000 electric vehicles, which is expected to start production by the end of 2026.
After photovoltaics, leading lithium salt companies also started to suffer huge losses. | Jianzhi Research
Tianqi Lithium Corporation and Ganfeng Lithium both reported losses in the first half of the year.
BYD Has Its Eyes Set On Conquering Europe
On Monday, BYD Company Limited (OTC:BYDDY) signed a deal to open a $1 billion electric-vehicle factory in Turkey, directly threatening the dominance of Tesla Inc (NASDAQ:TSLA) in several European
Tesla Rival BYD to Built $1B EV Plant in Turkey
Chinese EV maker BYD Company (OTCPK:BYDDF) plans to build a massive $1B EV plant in Turkey with an annual capacity of 150,000 vehicles, Turkey's state-run Anadolu news agency said on Monday.
The situation of the auto market in the first half of the year: never-ending price reductions, unsellable cars.
In June of this year, the discount rate of the Chinese automobile market reached a new high in nearly three years. The strengthening of price reduction promotions has led to the sales volume of major car companies reaching an annual peak.
90,000, the last defense line of lithium prices? | Jianzhi Research
Has this round of liquidation just begun?
Will BYD Beat Tesla Again in the EV Sales Race?
The Chinese EV maker sold 426,039 pure EVs in Q2, close on the heels of Tesla (TSLA), which likely sold around 440,000 units, according to analyst forecasts. Tesla is due to report its Q2 sales numbers on Tuesday.
Report: BYD Q2 electric car sales hit a record high, expected to surpass Tesla and return to the global No.1.
According to media data, in the second quarter of this year, BYD sold nearly one million pure electric and hybrid vehicles, setting a new historical record. In contrast, Tesla's electric car sales were 441,000, a year-on-year decrease of 5.4%, marking Tesla's second consecutive quarter of sales decline.
Worsened lithium prices? Annual production capacity increased by 79%, with four mines in Argentina jointly contributing, including Zijin Mining and Ganfeng Lithium.
Four new lithium mining projects in Argentina will be put into production in the coming weeks to months, which will nearly double Argentina's lithium production capacity. Although the new capacity will not be put into use immediately, the increased certainty of future supply will undoubtedly further increase the downward pressure on lithium prices.
Nomura BYD in-depth report: Hybrid will be the next breakthrough, and this year's 'going global' revenue ratio will exceed 20%.
Nomura has released a deep report on BYD Company Limited, forecasting that hybrid cars will surpass pure electric cars as the main driver of growth, with a target price raised to 312 yuan, and overseas market revenue expected to account for more than 20%.
Sustainability Column: How is the Chinese market for geothermal power generation, which Buffett is interested in?
The electric energy hidden underground is becoming a clean resource mine in the eyes of technology giants and conglomerates.
Battery price wars may also depend on going abroad? | Jianzhi Research
The intense competition of lithium batteries has further spread to the energy storage industry. In order to maintain market share and stable cash flow, many energy storage battery companies have started to significantly reduce their quotes in order to win energy storage projects.
Berkshire Hathaway Takes More Profit on BYD Company Stock
Berkshire Hathaway (BRK.A) (BRK.B) continues to trim its large stake in Chinese electric vehicle maker BYD Company Limited (OTCPK:BYDDF).
EU Tariffs on China EVs: Who Are the Winners and Losers?
The European Union announced it will hike tariffs to as high as 48% on electric Chinese imported vehicles. China has threatened retaliation across agriculture, aviation and cars with large engines. Bloomberg's Danny Lee reports.
Tesla's sales in China increased by 17% compared to the previous year in May, due to the recovery of demand for EV.
Tesla, a leading American electric automobile company, saw an increase in passenger vehicle sales in China in May compared to the previous year. The recovery in EV demand is attributed to the Chinese government's trade-in program and the Beijing Motor Show, which drew consumers' interest. According to preliminary figures released by the China Passenger Car Association (CPCA) on the 4th, Tesla sold 72,573 units in May, a 17% increase from the same month last year.
BYD Company Rallies After May Deliveries Report Shows Continued Brand Strength
Fuyao Glass Industry Group Co., Ltd. Goes Ex Dividend Tomorrow