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Can China’s NEV boom keep its charge in 2025?As Chinese automakers target ambitious sales, the NEV market braces for tougher competition, policy changes, and global uncertainties. 36Kr has obtained preliminary 2025 sales forecast guidelines for several new energy vehicle (NEV) manufacturers from industry insiders: Nio is aiming to double its sales in 2025, according to CEO William Li, a goal corroborated by industry sources....0 Comments 0 Shares 908 Views 0 Reviews
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CATL reshuffles leadership as it braces for NEV market surgeThe world’s leading battery maker restructures to focus on passenger car solutions as it prepares for a surge in demand for new energy vehicles in 2025. Entering 2025, Contemporary Amperex Technology (CATL) is reshaping its passenger car business, positioning itself for the anticipated surge in new energy vehicle (NEV) adoption. Key changes include the transition of seasoned leaders...0 Comments 0 Shares 1K Views 0 Reviews
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China’s BYD marks 30th year by chasing four-million-car milestoneThe EV maker dominates its home market but only sells about 10% of its vehicles abroad. In 1995, well before BYD ever made a single car, founder Wang Chuanfu placed a globe in his office. It remains a fixture even today, according to Wang, as China’s top electric vehicle company tries to make a name for itself worldwide. BYD, which marked its 30th anniversary in November, is the global...0 Comments 0 Shares 969 Views 0 Reviews
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EV batteries are getting cheaper, but can they be safe too?A series of fires and slowing sales could drive focus toward standards. The race to produce ever cheaper batteries for electric vehicles is entering a new stage as a series of fires and slowing EV sales put the focus on a new metric: safety. Bringing down battery prices has been a major priority for automakers looking to make EVs more attractive to buyers. Some 30–40% of the cost of an...0 Comments 0 Shares 1K Views 0 Reviews
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Honda and Nissan in merger talks to secure EV futureThe potential union of Honda and Nissan could create the world’s third largest automaker. Japanese automakers Honda Motor and Nissan Motor have announced formal discussions on a potential merger, a move that could reshape the global automotive landscape. If successful, the merger would form the world’s third-largest automaker by sales, trailing only Toyota Motor and Volkswagen. The...0 Comments 0 Shares 504 Views 0 Reviews
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Honda ramps up EV ambitions with state-of-the-art Wuhan plantDongfeng Honda has unveiled a new NEV production facility, marking a key step toward its goal of an all-electric lineup by 2035. Dongfeng Honda has opened its first production plant dedicated to new energy vehicle (NEV) production in Wuhan, now operational and accessible for public tours since early October. This facility marks a significant milestone in Honda’s EV roadmap, boasting an...0 Comments 0 Shares 1K Views 0 Reviews
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Jiyue Auto’s collapse: Insider reveals how Xia Yiping’s missteps doomed Baidu and Geely’s EV ventureA former employee exposes leadership failures, operational chaos, and conflicting goals as the driving forces behind Jiyue’s downfall. Chinese electric vehicle maker Jiyue Auto has been under intense scrutiny this past week, with much of the attention focused on its financial troubles and complex relationships with key stakeholders Baidu and Geely. On December 16, Jiyue CEO Xia Yiping...0 Comments 0 Shares 928 Views 0 Reviews
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Maybank sees VinFast Indonesia faces intense competition across BEV segmentMaybank Investment Bank said Tuesday that it sees VinFast Indonesia faces intense competition across battery electric vehicles (BEV) segment in Indonesia due to its relatively weak brand recognition. Maybank said in a note that in the competitive five-seater BEV segment, VinFast faces challenges from established Chinese brands like BYD, Wuling, Chery, MG, and Neta in Indonesia. Despite this,...0 Comments 0 Shares 910 Views 0 Reviews
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MIDF highlights AI, EV as bright spots in Malaysia’s tech sectorMIDF Research has foreseen artificial intelligence (AI) and electric vehicle (EV) as bright spots in Malaysia’s tech sector next year. The research house said in its recent report that while 2024 has been a challenging year for the automotive sector due to a combination of weakened demand and high interest rates, EVs are the only growing segment, mainly supported by the China market....0 Comments 0 Shares 196 Views 0 Reviews
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