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CATL CATL US China Electric eMobility eV Tesla

Tesla seeks to build new battery plant with CATL in US, report says

As with Ford's deal structure, would own and operate the plant while licensing technology from , according to Bloomberg.  |  TSLA.US

(Image credit: CnEVPost)

Tesla is reportedly looking to build a new battery factory with CATL in the US, similar to the Chinese battery-maker giant's deal with Ford last month.

Bloomberg reported on the matter earlier today, saying Tesla discussed plans involving CATL with the US government.

Tesla representatives sought clarity on the Inflation Reduction Act rules that the US government is finalizing this week, and the company's senior director of global public policy Rohan Patel was among those involved in the discussions, according to the report.

Tesla hopes to build a plant wholly owned by it in partnership with CATL, similar to a deal Ford announced last month in Michigan, the report said.

Tesla is in expansion mode, deploying its $22 billion in cash to boost production and cut costs as it faces increasing competition, the report noted.

CATL produces lithium iron phosphate (LFP) batteries, a cheaper chemistry than the nickel-based batteries used in Western countries, and is key to the plan, the report said.

Tesla is considering building the battery plant in Texas to supply its electric vehicle assembly plant there, although the location has not been finalized, Bloomberg said, citing some people familiar with the matter.

As with Ford's deal structure, Tesla would own and operate the plant, while licensing technology from CATL, according to the report.

On February 13, Ford announced that it is investing $3.5 billion to build an LFP battery plant in Marshall, Michigan.

The plant, which is wholly owned by Ford, is the first battery plant to be wholly owned by a US automaker and will introduce LFP battery solutions for Ford's electric vehicle products.

The LFP battery plant is expected to start production in 2026 with an initial workforce of 2,500, Ford said last month.

The plant will have an initial design capacity of about 35 GWh per year and could supply power packs for about 400,000 Ford electric vehicles annually.

CATL is the world's largest maker of electric vehicle batteries, with a share far ahead of other peers.

CATL's installed battery volume in January-February was 25.5 GWh, up 34 percent from 19.0 GWh in the same period last year, according to data released yesterday by South Korean market research firm SNE Research.

The Chinese battery giant continues to rank No. 1 with a 33.9 percent share, the only global battery maker with a share of more than 30 percent.

Ford to build $3.5 billion LFP battery plant in Michigan with CATL's technology

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CATL CATL US China Electric eMobility eV Tesla

Tesla seeks to build new battery plant with CATL in US, report says

As with Ford's deal structure, would own and operate the plant while licensing technology from , according to Bloomberg.  |  TSLA.US

(Image credit: CnEVPost)

Tesla is reportedly looking to build a new battery factory with CATL in the US, similar to the Chinese battery-maker giant's deal with Ford last month.

Bloomberg reported on the matter earlier today, saying Tesla discussed plans involving CATL with the US government.

Tesla representatives sought clarity on the Inflation Reduction Act rules that the US government is finalizing this week, and the company's senior director of global public policy Rohan Patel was among those involved in the discussions, according to the report.

Tesla hopes to build a plant wholly owned by it in partnership with CATL, similar to a deal Ford announced last month in Michigan, the report said.

Tesla is in expansion mode, deploying its $22 billion in cash to boost production and cut costs as it faces increasing competition, the report noted.

CATL produces lithium iron phosphate (LFP) batteries, a cheaper chemistry than the nickel-based batteries used in Western countries, and is key to the plan, the report said.

Tesla is considering building the battery plant in Texas to supply its electric vehicle assembly plant there, although the location has not been finalized, Bloomberg said, citing some people familiar with the matter.

As with Ford's deal structure, Tesla would own and operate the plant, while licensing technology from CATL, according to the report.

On February 13, Ford announced that it is investing $3.5 billion to build an LFP battery plant in Marshall, Michigan.

The plant, which is wholly owned by Ford, is the first battery plant to be wholly owned by a US automaker and will introduce LFP battery solutions for Ford's electric vehicle products.

The LFP battery plant is expected to start production in 2026 with an initial workforce of 2,500, Ford said last month.

The plant will have an initial design capacity of about 35 GWh per year and could supply power packs for about 400,000 Ford electric vehicles annually.

CATL is the world's largest maker of electric vehicle batteries, with a share far ahead of other peers.

CATL's installed battery volume in January-February was 25.5 GWh, up 34 percent from 19.0 GWh in the same period last year, according to data released yesterday by South Korean market research firm SNE Research.

The Chinese battery giant continues to rank No. 1 with a 33.9 percent share, the only global battery maker with a share of more than 30 percent.

Ford to build $3.5 billion LFP battery plant in Michigan with CATL's technology

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Car Buying Electric EV tax credit Government/Legal Green Tesla

Joe Manchin threatens to sue US Treasury over EV tax credit rules

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Continue reading Joe Manchin threatens to sue US Treasury over EV tax credit rules

Joe Manchin threatens to sue US Treasury over EV tax credit rules originally appeared on Autoblog on Thu, 30 Mar 2023 08:41:00 EDT. Please see our terms for use of feeds.

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Car Buying Electric EV tax credit Government/Legal Green Tesla

Joe Manchin threatens to sue US Treasury over EV tax credit rules

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Continue reading Joe Manchin threatens to sue US Treasury over EV tax credit rules

Joe Manchin threatens to sue US Treasury over EV tax credit rules originally appeared on Autoblog on Thu, 30 Mar 2023 08:41:00 EDT. Please see our terms for use of feeds.

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Battery Data Battery News BYD CALB CATL China Electric eMobility eV Gotion High-Tech Monthly Data SNE Research Tesla

Global EV battery market share in Jan-Feb: CATL 33.9%, BYD 18.2%

's share in January-February was the same as in January, while saw its share rise.

CATL and BYD remained the top two players in the global EV battery market in the first two months, with the former's share remaining stable and the latter rising.

In January and February, the total battery consumption of EVs registered in each country was about 75.2 GWh, up 39.0 percent from the previous year, according to data released today by South Korean market research firm SNE Research.

CATL's battery installed base in January-February was 25.5 GWh, up 34 percent from 19.0 GWh in the same period last year.

The Chinese battery giant continues to rank first with a 33.9 percent share, the only global battery maker with a share of more than 30 percent.

CATL's share in January-February was the same as in January, but down 1.2 percentage points from 35.1 percent a year ago.

CATL's batteries are in high demand in passenger cars, including Model 3, Model Y, SAIC's Mulan, ET5 and the Chinese commercial vehicle market, and is expected to maintain its No. 1 position, SNE Research said.

BYD installed 13.7 GWh of power batteries in January-February, up 122.6 percent from 6.1 GWh in the same period last year.

The company ranked second with 18.2 percent market share in the first two months, up from 11.3 percent in the same period last year and up from 17.6 percent in January.

BYD is gaining traction in China's domestic market with its competitive pricing by establishing a vertically integrated supply chain management, including self-supply of batteries and vehicle manufacturing, SNE Research said.

LG Energy Solution saw a 51.9 percent year-on-year increase in power battery installed base of 10.0 GWh in January-February.

The South Korean company ranked third in the world with a 13.3 percent share, up from 12.2 percent a year earlier.

Japan's Panasonic ranked fourth with a 10.4 percent share, South Korea's SK On was fifth with 5.5 percent and Samsung SDI was sixth with 4.9 percent.

China's CALB, Gotion High-tech, Eve Energy and Sunwoda ranked seventh, eighth, ninth and tenth respectively, with shares of 3.4 percent, 2.0 percent, 1.8 percent and 1.4 percent respectively in January-February.

CATL's share in global EV battery market slips in Jan, BYD rises

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China Electric eMobility eV Industry News Product Launch Saic-gm-wuling Tesla Wuling Binguo

SAIC-GM-Wuling launches new EV model, price from $8,680

In the January-February period, SAIC-GM-Wuling sold 50,433 NEVs in China, second only to and .

(Image credit: Wuling)

SAIC-GM-Wuling, which has had success in the mini electric vehicle (EV) market, is offering another new model to Chinese consumers.

Wuling yesterday officially launched the new EV model Binguo in China, offering five versions with starting prices of RMB 59,800 ($8,683) to RMB 83,800.

The car is an A0-class EV with a length, width and height of 3,950 mm, 1,708, mm and 1,580 mm, respectively, and a wheelbase of 2,560 mm.

For comparison, Wuling's current hot-selling Hongguang Mini EV has a length, width and height of 2,920 mm, 1,493 mm and 1,621 mm, with a wheelbase of 1,940 mm. The Mini EV has a starting price of RMB 32,800.

The Wuling Binguo is available in two powertrain versions, with a permanent magnet synchronous motor as standard and a maximum power of 30 kW and 50 kW respectively.

The vehicle is equipped with lithium iron phosphate battery packs with capacities of 17.9 kWh and 31.9 kWh, respectively, and has a CLTC range of 203 km and 333 km, respectively.

The 333 km range model supports fast charging, taking 35 minutes to charge from 30 percent to 80 percent.

With slow charging, the car can be charged from 20 percent to 100 percent in 5.5 hours.

It is worth noting that although the model was officially launched yesterday, it has been available for pre-order since March 2 and more than 2,700 units have already been delivered.

SAIC-GM-Wuling is a joint venture between SAIC Group, General Motors and Liuzhou Wuling Motors, headquartered in Liuzhou, Guangxi Zhuang Autonomous Region, southwest China.

It sells vehicles based on the GSEV (Global Small Electric Vehicle) architecture in China, including the Mini EV, KiWi EV, Nano EV and Air EV. In addition to these pure electric models, SAIC-GM-Wuling also sells fuel-powered SUVs, MPVs and vans.

In January-February, SAIC-GM-Wuling sold 50,433 new energy vehicles (NEVs) in China, down 15.3 percent year-on-year, according to the China Passenger Car Association (CPCA).

But the automaker was third in China in NEV sales in the first two months, with a 6.5 percent share, behind BYD's 40.8 percent and Tesla's 7.8 percent.

($1 = RMB 6.8871)

Wuling's new mini car Air EV officially launched in China

The post SAIC-GM-Wuling launches new EV model, price from $8,680 appeared first on CnEVPost.

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China Electric eMobility eV Industry News Product Launch Saic-gm-wuling Tesla Wuling Binguo

SAIC-GM-Wuling launches new EV model, price from $8,680

In the January-February period, SAIC-GM-Wuling sold 50,433 NEVs in China, second only to and .

(Image credit: Wuling)

SAIC-GM-Wuling, which has had success in the mini electric vehicle (EV) market, is offering another new model to Chinese consumers.

Wuling yesterday officially launched the new EV model Binguo in China, offering five versions with starting prices of RMB 59,800 ($8,683) to RMB 83,800.

The car is an A0-class EV with a length, width and height of 3,950 mm, 1,708, mm and 1,580 mm, respectively, and a wheelbase of 2,560 mm.

For comparison, Wuling's current hot-selling Hongguang Mini EV has a length, width and height of 2,920 mm, 1,493 mm and 1,621 mm, with a wheelbase of 1,940 mm. The Mini EV has a starting price of RMB 32,800.

The Wuling Binguo is available in two powertrain versions, with a permanent magnet synchronous motor as standard and a maximum power of 30 kW and 50 kW respectively.

The vehicle is equipped with lithium iron phosphate battery packs with capacities of 17.9 kWh and 31.9 kWh, respectively, and has a CLTC range of 203 km and 333 km, respectively.

The 333 km range model supports fast charging, taking 35 minutes to charge from 30 percent to 80 percent.

With slow charging, the car can be charged from 20 percent to 100 percent in 5.5 hours.

It is worth noting that although the model was officially launched yesterday, it has been available for pre-order since March 2 and more than 2,700 units have already been delivered.

SAIC-GM-Wuling is a joint venture between SAIC Group, General Motors and Liuzhou Wuling Motors, headquartered in Liuzhou, Guangxi Zhuang Autonomous Region, southwest China.

It sells vehicles based on the GSEV (Global Small Electric Vehicle) architecture in China, including the Mini EV, KiWi EV, Nano EV and Air EV. In addition to these pure electric models, SAIC-GM-Wuling also sells fuel-powered SUVs, MPVs and vans.

In January-February, SAIC-GM-Wuling sold 50,433 new energy vehicles (NEVs) in China, down 15.3 percent year-on-year, according to the China Passenger Car Association (CPCA).

But the automaker was third in China in NEV sales in the first two months, with a 6.5 percent share, behind BYD's 40.8 percent and Tesla's 7.8 percent.

($1 = RMB 6.8871)

Wuling's new mini car Air EV officially launched in China

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BYD China Deliveries Electric eMobility eV EV Data Insurance Registrations Li Auto Neta Nio Tesla Weekly Data XPeng

China NEV insurance registrations for week ending Mar 26: BYD 43,490, Tesla 15,886, NIO 1,909

is on track to reach its guidance, with 9,199 vehicles registered in the past four weeks.

Insurance registrations for new energy vehicles (NEVs) in China continued to increase last week compared to the previous week, although the performance of major automakers was mixed.

For the week ending March 26, insurance registrations for all passenger vehicles in China were 400,400 units, up 37.64 percent year-on-year and up 29.02 percent from the previous week, according to information shared today by several auto bloggers on Weibo and WeChat groups.

Among them, the number of traditional internal combustion engine vehicles was 272,100, up 43.50 percent year-on-year and up 37.64 percent from the previous week.

Insurance registrations for NEVs were 128,300, up 26.63 percent year-on-year and up 13.89 percent from the previous week. This means that the penetration rate of NEVs was 32 percent last week.

(OTCMKTS: BYDDY) NEVs registered 43,490 units last week, up from 38,414 units the week before. In the first and second weeks of March, BYD's numbers were 38,932 and 37,141 units, respectively.

(NASDAQ: TSLA) saw 15,886 units for the week, down from 18,712 units the week before. Insurance registrations for Tesla vehicles in China were 13,266 and 17,032 in the first and second weeks of March, respectively.

This means that over the past four weeks, Tesla vehicles have had 64,896 insurance registrations in China.

If Tesla vehicles register the same number of insurance units this week as last week, it may deliver a record number of vehicles in China in March, surpassing the 77,938 units delivered in June 2022.

Tesla has a factory in Shanghai that makes the Model 3 and the Model Y. Its pattern is to produce cars for export in the first half of the quarter and for the local market in the second half.

NIO (NYSE: NIO) vehicles had 1,909 insurance registrations last week, up from 1,775 the week before. The company's insurance registration figures for the first and second weeks of March were 3,345 and 2,170, respectively.

NIO guided earlier this month for first-quarter deliveries of between 31,000 and 33,000 vehicles, meaning that March deliveries are expected to be between 10,337 and 12,337.

NIO is on track to meet its guidance, with 9,199 vehicles registered for insurance in the last four weeks, although the first week of March included the last two days of February.

(NYSE: XPEV) vehicles had 1,564 insurance registrations last week, up from 1,296 the previous week. The number was 1,421 and 1,635 in the first and second weeks, respectively, for a four-week total of 5,916 vehicles.

XPeng previously guided for first-quarter vehicle deliveries of 18,000 to 19,000 units, meaning March deliveries are expected to be between 6,772 and 7,772 units.

(NASDAQ: LI) vehicles saw 5,081 insurance registrations last week, down from 5,438 the week before. It posted figures of 3,222 and 4,243 for the first and second weeks of March, respectively, for a four-week total of 17,984 vehicles.

Li Auto guided for first-quarter deliveries of 52,000 to 55,000 vehicles, implying a year-on-year increase of 64.0 percent to 73.4 percent.

Li Auto's guidance of 52,000 to 55,000 vehicles for the first quarter implies March deliveries are expected to be 20,239 to -23,239 vehicles.

had 2,934 insurance registrations last week, and its numbers for the first three weeks of March were 4,109, 988, and 515, respectively.

was at 1,214 units last week, and that figure was 1,814, 1,043, and 913 units in the first three weeks.

China NEV insurance registrations for week ending Mar 19: BYD 38,414, Tesla 18,712, NIO 1,775

Weekly NEV insurance registrations in China in 2023

WkBYDTeslaNIOXPengLi AutoBMWZeekrNetaNEVAll
03/20-03/2643,49015,8861,9091,5645,0811,2142,934128,300400,400
03/13-03/1938,41418,7121,7751,2965,4381,847913515689112,650310,341
03/06-03/1237,14117,0322,1701,6354,2431,4861,043988522107,767308,726
02/27-03/0538,93213,2663,3451,4213,2221,6631,8144,109515116,238345,340
02/20-02/2639,47310,7053,3571,6855,3871,7921,8552,152401111,983331,238
02/13-02/1937,0265,9133,1741,4634,2382,2711,4431,038329100,408303,101
02/06-02/1231,4176,9633,0451,3964,0626825471,170NA85,572280,741
01/30-02/0524,2808,6431,9489752,2405935543,96411469,692267,843
01/23-01/295,2803,356427210990NA89NANA17,94592,600
01/16-01/2224,7087,4963,0081,0684,903NA657NANA67,500330,400
01/09-01/1540,42012,6542,9631,8174,5272,6871,35942023799,041438,000
01/02-01/0835,9242,1102,8181,5513,7042,1031,5112388077,000290,000

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Electric Green Ownership Parts and Accessories Tesla Weird Car News

Tesla’s real wheel to replace the steering yoke sold out in a week

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Continue reading Tesla's real wheel to replace the steering yoke sold out in a week

Tesla's real wheel to replace the steering yoke sold out in a week originally appeared on Autoblog on Mon, 27 Mar 2023 12:47:00 EDT. Please see our terms for use of feeds.

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Government/Legal Green Tesla

Tesla faces new race bias trial from employee who had $137 million verdict slashed

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Continue reading Tesla faces new race bias trial from employee who had $137 million verdict slashed

Tesla faces new race bias trial from employee who had $137 million verdict slashed originally appeared on Autoblog on Mon, 27 Mar 2023 08:40:00 EDT. Please see our terms for use of feeds.

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