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CHINA EV BATTERY MARKET
China's CATL third-quarter profit growth slowest in nearly two years as competition intensifiesCATL reports slower third-quarter profit growth as intense competition in China’s EV battery market weighs on earnings. Net profit rises 14...- Volkswagen bet on Xpeng to save its China business. It's not going to planVolkswagen’s ID. UNYX 08 electric SUV sold poorly, achieving only 267 units per month since its launch. The automaker initially aimed for 3...
- From rocks to riches: India’s unfinished critical minerals storyIndia's manufacturing industry is significantly affected by its heavy reliance on imported critical minerals like lithium and cobalt. The r...
- Driving a wedge in the EU EV marketChinese automobile companies are presenting their advanced technologies at the Paris auto show to attract European buyers. European car man...
- Varroc Engineering to set up JV with French co Forsee Power to develop battery-pack solutionsVarroc Engineering has announced a joint venture with Forsee Power to develop battery-pack solutions for electric vehicles. The collaborati...
- ReNew CEO warns China reliance puts energy transition at riskChina's dominance in solar panel production, controlling approximately 90%, poses risks to the global transition towards renewable energy a...
- ‘Could sell 3,000 more EVs a month’ if supply constraints ease: MahindraMahindra & Mahindra reported strong demand for its electric vehicles, which may reach 10,000 to 11,000 units monthly. Current production ca...
- India to roll out BS-VII emission norms for vehicles from April 2029 in 3 phases: ReportThe government is preparing to implement BS-VII emission standards, which align with Euro 7 norms, starting in April 2029. These standards ...
- Astranova Mobility arm gets NBFC licence, targets Rs 5,000 cr AUM in 5 yearsAstranova Mobility's lending subsidiary, Novafusion Capital, receives approval from the Reserve Bank of India (RBI) to operate as a Non-Ban...
- India EV penetration may cross 10% by year-end, says JSW MG Motor executiveElectric vehicles are expected to capture more than 10% of passenger vehicle sales in India by the year's end. Factors such as new models, ...
- Europe’s auto giants learn from China as Volkswagen, Stellantis rethink EV strategyVolkswagen and Stellantis are adapting their electric vehicle strategies by collaborating with Chinese automakers. Stellantis aims to impro...
- India-Chile trade negotiations: A quiet and strategic deal beyond tariffsIndia and Chile are progressing with negotiations for a Comprehensive Economic Partnership Agreement to enhance trade relations. The agreem...
- Devil's in the diesel, get E-truckin'To wean India off its crude oil addiction or make any structural dent to air pollution, electrifying our freight fleets are a no-brainer. N...
- In 2023, Mana Battery pursued anode-free sodium batteries; in 2026, it raised $10.15 million to build a China-independent supply chainFounded in 2023, the Colorado-based company is led by co-founder and CEO Tyler Evans. The latest funding round was led by Voyager Ventures,...
- European Union to restrict Chinese hybrid cars imports to 3,50,000 per year, says reportThe European Union (EU) has agreed to restrict the import of Chinese hybrid cars to 350,000, with an annual increase of 6 per cent. The ini...
- Chinese car makers increasingly rely on overseas markets as September exports surgeChina’s passenger car exports jumped 64% year-on-year in September to about 919,000 units as automakers increasingly looked overseas to off...
- India's battery energy storage sector set for 91% growth to 302GWh by FY32E: NuvamaIndia's Battery Energy Storage System (BESS) sector is projected to register a compound annual growth rate (CAGR) of 91 per cent between FY...
- EU and China strike interim trade deal that could cut Chinese hybrid exportsChina and the European Union have agreed on a preliminary trade deal to address trade imbalances. This deal includes reduced tariffs on cer...
- India, 14 others ink joint ministerial statement to curb structural excess capacityIndia has joined the US, EU, UK and 12 other economies in a joint statement to tackle structural excess capacity and production, despite fa...
- Will EU press the ‘kill switch’ on China? Trade war looms over talksEU officials are raising alarms over the escalating trade deficits with China, exceeding one billion euros on a daily basis. The spike in C...
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