New Energy Vehicles (NEVs) in China

Overbom said:

I would rather have the newbie EV companies to 100% focus on their main business of making cars

A diversion of attention and resources could be fatal in this stage. Let them grow for 1-2 more years and then they can focus on batteries as well

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Are there any research universities doing work on new battery technology?

Tyler said:

Are there any research universities doing work on new battery technology?

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Of course there are. The whole point is commercialisation.

For example, I am 100% sure that most of the new EV companies have partnerships with universities about battery research.

However, they might have invested limited resources so that commercialisation might take longer than established battery companies who can throw all their money towards battery r&d

As long as they grow, get more revenues and profits then I expect them to rapidly increase r&d on batteries. This might happen either next year or in 2023

The fact that Chinese consumers are finally happy to spend Porsche + money on a totally new, unproven, unknown, Chinese brand ... that's showing some promise with Chinese consumer behaviour... like we're not even talking HongQi or something established. The Japanese and Koreans both supported only their own domestic products during their development phase. Even when their products were both poor quality and not exactly inexpensive. Now they lead many, many fields.

I recommend them buy BYD

KYli said:

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How many of these are they making this year? This will help Evergrande with their cash flow.

Sorry, but how I feel like this one is a copycat of Nio ES6 with a little different DRL?

Some interesting EV news:

CALT is also developing blade-battery, while SVOLT has already unveiled its 2nd generation blade-battery.

SVOLT unveils its second-generation L600 short blade battery​

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BYD filed an U.S. patent for an enormous electric mining truck:

Chile Awards New Lithium Contracts Despite Political Storm​

• China’s BYD was one of two winners in the bidding process
• President-elect Boric had called for auction to be delayed

BYD offered $61 million and Servicios y Operaciones bid $60 million for quotas to produce 80,000 metric tons of lithium over 20 years. Together, the contracts represent about 1.8% of Chile’s known lithium reserves. Winners will still have to undertake exploration work and go through all the usual permitting before they can develop projects.

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