
Electric Cars – It’s All About Efficiency




Dealers think the Biden administration's EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The publication's 2024 Dealer Outlook Survey compiled responses from 208 U.S. car dealers and dealership managers. Nearly 83% of those surveyed said the federal government was pushing too... FAW-FinDreams has a total planned capacity of 45 GWh, and will be able to provide blade batteries for nearly 600,000 vehicles when fully operational. Its initial production capacity is 15 GWh.
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Volvo will stop funding Polestar, in a move that will give its parent, China's Geely greater control of the EV brand. But according to Volvo, in terms clarified on Friday, it won't completely let go. It will retain about 18% of Polestar shares, while the rest of it will go to Volvo's shareholders—allowing its majority owner Geely to boost... China's January wholesale sales of passenger NEVs are expected to be 700,000 units, up 80 percent year-on-year, but down 37 percent from December, the CPCA said.
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The Tesla sales, which include exports from China to overseas markets, were up 8.17 percent year-on-year, but down 24.1 percent from December.
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Pouch-type ternary power battery cells saw the biggest drop, falling 7.3 percent to $0.51 per Wh in January, TrendForce said.
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