A drone photo shows what looks like a massive die-casting machine.
Category: eMobility
Tesla Cybertruck Series Production Inches Closer As Final Stamping Component Arrives
A drone photo shows what looks like a massive die-casting machine.
Huawei’s AITO M9 flagship SUV fan render images revealed in China
The AITO M9 is a full-size luxury SUV that will hit the Chinese market in Q4 2023 with a starting price of 71,800 USD.
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NIO exceeds 1,400 swap stations in China
NIO's 1,400th battery swap station in China was built with German retail giant METRO, and the two have built a total of 21 such facilities together to date.
(Image credit: NIO)
NIO (NYSE: NIO) has surpassed 1,400 battery swap stations in China, as deployment of its third generation of the facility accelerates.
The electric vehicle (EV) maker today put eight new battery swap stations into operation, bringing the total to 1,403, with 374 of them located along highways, according to an article it posted today on the NIO App.
NIO's 1,400th battery swap station in China is located next to a store of German retail giant METRO in Shanghai, and is the 61st third-generation battery swap station of the EV maker.
The partnership between NIO and METRO began two years ago when the two signed a strategic cooperation agreement on March 29, 2021, to collaborate on the construction of charging stations and battery swap stations.
To date, 21 battery swap stations have been jointly built by the two companies, NIO said today.
NIO's owners have used battery swap services more than 22 million times, averaging nearly 50,000 times a day, and on average, a vehicle receives a fully charged battery from a battery swap station every 1.9 seconds, NIO said.
In addition to providing replenishment services, these battery swap stations have provided a total of 76,131 battery upgrades to owners, according to the article.
NIO allows owners to upgrade their standard-range battery packs to 100 kWh long range packs on a monthly, annual, or permanent basis.
On March 3, NIO began offering incentives to encourage owners to upgrade their battery packs to long-range ones.
At the NIO Day 2022 event on December 24, 2022, NIO's third-generation battery swap station was launched, capable of storing up to 21 packs, up from 13 in its previous generation and 5 in the first generation of that facility.
NIO announced plans at the time to add 400 battery swap stations in 2023, though that plan was raised to 1,000 on February 21.
William Li, NIO's founder, chairman and CEO, said at the time that the company would further accelerate the deployment of battery swap stations, with a goal of having more than 2,300 battery swap stations in China by the end of 2023.
NIO's first 10 third-generation battery swap stations went live in 10 Chinese cities on April 12.
On April 18, Li said on the first day of the Shanghai auto show that NIO will add about 200 battery swap stations every month starting in June.
As of May 15, NIO also had 2,580 charging stations in China, offering 15,312 charging piles. The company's charging map has access to more than 7,000,000 third-party charging stations.
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India’s Largest Gas Distribution Company Plans Solar Module Manufacturing
GAIL India, a government-owned natural gas distribution company, has announced plans to enter the solar module manufacturing sector. GAIL, formerly Gas Authority of India Limited, has expressed intentions to collaborate with other companies in an attempt to have footprint in the growing solar module manufacturing market in India. It plans to set up a vertically […]
India’s Largest Gas Distribution Company Plans Solar Module Manufacturing
GAIL India, a government-owned natural gas distribution company, has announced plans to enter the solar module manufacturing sector. GAIL, formerly Gas Authority of India Limited, has expressed intentions to collaborate with other companies in an attempt to have footprint in the growing solar module manufacturing market in India. It plans to set up a vertically […]
Eve Energy to buy land for battery plant in Malaysia
The battery plant will support electric two-wheeler and power tool manufacturers in Malaysia and Southeast Asia, Eve Energy said.
(Image credit: Eve Energy)
Chinese lithium battery maker Eve Energy will build a new battery factory in Malaysia, just days after announcing it would build a plant in Hungary.
Eve Energy Malaysia, the Malaysian arm of Eve Energy, signed a memorandum of understanding with Pemaju Kelang Lama Sdn Bhd (PKL) on May 12 to buy land from the latter to set up a lithium battery manufacturing plant in Malaysia, according to a stock exchange announcement.
The land is 66.58083 acres (26.9 hectares) and the price is 164 million ringgit ($36.6 million), according to the May 12 announcement.
The signing of the MOU marks the effective advancement of Eve Energy's cylindrical lithium battery manufacturing project, which will further meet the company's need to scale up its cylindrical battery capacity, the announcement said.
The battery plant will support electric two-wheeler and power tool manufacturers in Malaysia and Southeast Asia, and continue to consolidate and enhance the company's presence in these areas, Eve Energy said.
Eve Energy, one of the world's largest power battery manufacturers, installed 2.4 GWh of batteries worldwide in the first quarter, up 75.5 percent year-on-year, according to data released by South Korean market research firm SNE Research on May 3.
This puts Eve Energy in 9th place globally with a 1.8 percent share, while CATL and BYD are the top two with 35.0 percent and 16.2 percent shares, respectively.
The announcement comes two days after Eve Energy announced on May 10 that its subsidiary EVE Power Hungary had signed an agreement with Debreceni, a subsidiary of the Hungarian government of Debrecen, to purchase land owned by the latter in the city's northwest industrial zone for the production of cylindrical power cells.
The land in Hungary covers 45 hectares and the purchase price is 22.5 euros per square meter plus VAT, for a total price of about 12.86 million euros ($14.1 million).
The deal will meet the company's need for production land for future growth and further expand its capacity for power and energy storage batteries, Eve Energy said at the time.
Eve Energy's announcement provided no further information, though the move appears to be in preparation for supplying BMW.
($1 = 4.4755 ringgit)
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New entry-level Changan Shenlan SL03 exposed, price starts at 20,100 USD
The new electric version will have a 610 km range while the new range extender version will have a 100 km range.
The post New entry-level Changan Shenlan SL03 exposed, price starts at 20,100 USD appeared first on CarNewsChina.com.
India To Open Lithium Reserves For Auction Later This Year
The Indian government is expected to initiate auction of mining rights for lithium reserves later this year. According to media reports, the Indian government will offer mining rights for lithium reserves in Jammu & Kashmir later in 2023. The focus of the auction will be the recently confirmed 5.9 million tonne reserves in the Resai […]
BYD to supply batteries to China’s largest diesel engine maker
BYD and Weichai Power will build a power battery development and manufacturing base in Shandong province, where the latter is headquartered.
(Image credit: CnEVPost)
BYD (OTCMKTS: BYDDY), one of the world's largest manufacturers of power batteries, is expanding its customer base.
BYD and Weichai Power, China's largest diesel engine maker, signed a strategic cooperation agreement in Shenzhen on May 12 to collaborate on the joint production of power batteries, according to a post by the latter on Weibo.
Tan Xuguang, chairman and CEO of Weichai, and Wang Chuanfu, chairman and president of BYD, attended the signing ceremony, according to the article.
(Image credit: Weicai Power)
The two sides will produce power batteries in a joint venture in Shandong to build a power battery R&D and manufacturing base to promote the development of new energy commercial vehicles in China, the article said, without providing further details.
Weichai, based in Weifang, Shandong province, posted revenue of RMB 53.4 billion ($7.67 billion) and net profit of RMB 1.86 billion in the first quarter, according to its financial report.
Weichai began its involvement in the new energy business in 2010, especially in the fuel cell sector.
The company has a new energy engine base in Weifang, and its chairman, Tan, is also chairman of Sinotruk, which has a new energy heavy truck manufacturing base in Jinan.
BYD is the world's largest maker of new energy vehicles (NEVs) and the world's second-largest maker of power batteries.
BYD installed 21.5 GWh of power batteries in the first quarter, ranking second globally with a 16.2 percent share, behind CATL's 35.0 percent, according to data released earlier this month by South Korean market research firm SNE Research.
In China, BYD installed 7.32 GWh of power batteries in April, ranking second with a 29.11 percent share, according to the China Automotive Battery Innovation Alliance (CABIA). CATL ranked first in China with a 40.83 percent share in April.
In Shandong, where Weichai is headquartered, BYD has a car assembly plant, a power battery factory and a chip factory.
($1 = RMB 6.9637)
China EV battery installations in Apr: BYD regains top spot over CATL in LFP market
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