Daily Archive: February 21, 2024

Li Auto CEO calls on China to establish mechanism to facilitate M&As between automakers

Li Auto CEO calls on China's policy makers to establish a mechanism to facilitate mergers and acquisitions between auto companies, amid widespread discussions over HiPhi's production halt.

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BYD’s battery unit FinDreams to supply blade battery cells to US parts supplier BorgWarner

FinDreams' cells will be used in BorgWarner's LFP battery packs for commercial vehicles in Europe, the Americas and selected parts of Asia-Pacific.

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EPA may allow weaker emissions rules, slower EV rollout

2023 Chevrolet Bolt EVThe Biden administration may throttle back strict emissions rules in order to give automakers more time to ramp up EV sales, the New York Times reported earlier this week. Last April, the EPA unveiled proposed tailpipe emissions rules for model years 2027 to 2032. The agency estimated at the time that this would lead to 67% EV sales by 2032, not...