china ev market

China's artificial intelligence-powered autonomous-vehicle market is showing serious promise. So, of course, Elon Musk wants a piece of it, especially since he's struggled to get self-driving technology off the ground in the US. That may not pan out as well as the Tesla Inc. chief executive officer's Beijing-backed electric-vehicle bet.Local media say Tesla could be getting ready to test its full self-driving technology in China. Given the firm's FSD track record in the US, that's a scary and unsafe prospect. In May…

On the lines of the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC) battery storage for electric vehicles (EV), the government should consider another PLI for battery components, feel industry expertsIn a survey by ACKO and YouGov India, about 66% of Indians said that EVs will surpass petrol and diesel vehicles by 2030. Also, 57% of the consumers in the country want to invest in EVs because of their practical benefits, while 56% want to purchase an EV because of its eco-friendly…

Lithium has run into a soft patch as its extraordinary two-year gain collides with signs of wariness over near-term demand from China’s electric vehicles. Lithium has run into a soft patch as its extraordinary two-year gain collides with signs of wariness over near-term demand from China's electric vehicles. The battery material's price is set for a second weekly decline in China, while shares in lithium suppliers are falling. The culprit is the prospect of slower EV sales in coming months, which could blow back…

In China, which has one of the world’s fastest-growing electric vehicle (EV) markets with an estimated 500 manufacturers, Hangzhou-based Leapmotor recently took the wraps off its new C01 electric performance car – a mid-to-large-sized smart electric sedan with cell-to-chassis technology. As per the reports, the car will be available in five variants, with prices ranging from 180,000 yuan to 270,000 yuan ($26,784 to $40,176). This electric car is thought to be a formidable competitor to Tesla’s electric car because it has…