Electrical Vehicles

Why Does the Chinese EV Sector Stand Out? 

China has a unique consumer profile for its electric vehicle (EV) market. Chinese consumers have no past car ownership experience, making them more and open to EV, and are price conscious.  ———-  China is becoming a big part the EV market. It was only a matter of time, China is a main exporter of EV […]

US Unit of Spain’s ACS to Build EV Battery Plant for Panasonic in Kansas

A joint venture between the U.S. unit of Spanish engineering group ACS and Philadelphia-based Yates Construction has won a contract to build an electric vehicle (EV) battery plant in Kansas as part of a $4 billion investment by Japan’s Panasonic group, the companies said on Wednesday. The EV battery factory in the city of De […]

Nio to Build Factory in China for Budget EVs - Sources

Chinese electric-vehicle maker Nio Inc plans to build a factory to produce budget EVs under a new brand for export to Europe from as early as next year, three people with knowledge of the matter said. The plan to broaden the company’s lineup and expand overseas sales comes as EV sales sharply weaken in China, […]