New Energy Vehicles (NEVs) in China

supersnoop

Major
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The West is welcome to continue using their expensive, innovative engines in $80,000 EVs. Meanwhile, ByD, Xpeng, Geely, Great Wall Motors, Li Auto, etc etc will be selling $15,000 EVs. Who do you think will win, China or the West? In the long run, who do you think will have more funds for improving their engines?

Actually I believe this was a thinly disguised advertorial.
Zhu’s group interview was organised by Midea, another Chinese company moving into EV development and a major home appliance maker. Zhu also heads Midea research centres in Shanghai and Sheffield, England.
Obviously he is going to say something catchy to draw attention to himself and his employer.

I already read a long time ago that companies were trying to move away from rare earth permanent magnets...
In fact it is mentioned near the end of the article
“The focus of research overseas differs from that in China,” Zhu said. “They have done a lot of studies to find ways to supplant permanent magnets.”
Another Example:
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MG is having a revival thanks to Geely and EV.

MG is owned by SAIC, not Geely
Actually mentioned in the video as well

The MG revival is interesting because it was originally purchased by Nanjing motor after beating SAIC in bankruptcy bidding. SAIC originally wanted to buy MG and Rover brands (split from the more successful Land Rover), but was only able to buy the platforms and tooling (already considered outdated at the time). This lead to SAIC's alternate strategy of making up a European sounding name "ROEWE" for these cars. Nanjing meanwhile produced warmed over versions of these same cars under the MG brand.

Really showing the perseverance and long term goals of these Chinese car companies to just keep plugging away until they have something competitive. Quite similar to their counterparts in Japan and Korea.
 

Strangelove

Colonel
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FUZHOU, Oct. 28 (Xinhua) -- Contemporary Amperex Technology Co., Ltd. (CATL), China's largest automotive lithium-ion battery maker, signed a technology licensing and partnership agreement with Hyundai Mobis Co., Ltd. (MOBIS) on Wednesday, granting its CTP (cell to pack) technology to the auto parts supplier from the Republic of Korea (ROK).

CATL will also support Hyundai MOBIS in the supply of CTP-related battery products in the ROK and globally, according to the agreement.

By directly integrating cells into packs without modules, CTP technology improves system energy density, simplifies manufacturing and helps reduce costs.

The partnership will enable both parties to sharpen their competitive edge by working together to develop more innovative technologies for the global electric vehicle (EV) market, CATL said in the statement.

The partnership also initiates a new model for global technology cooperation in the industry, and helps CATL to spread its battery technology worldwide.

Headquartered in Ningde, in east China's Fujian Province, CATL posted net profit growth of 131.45 percent in the first half of 2021 amid a booming new-energy vehicle (NEV) market. Enditem
 

Tyler

Captain
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FUZHOU, Oct. 28 (Xinhua) -- Contemporary Amperex Technology Co., Ltd. (CATL), China's largest automotive lithium-ion battery maker, signed a technology licensing and partnership agreement with Hyundai Mobis Co., Ltd. (MOBIS) on Wednesday, granting its CTP (cell to pack) technology to the auto parts supplier from the Republic of Korea (ROK).

CATL will also support Hyundai MOBIS in the supply of CTP-related battery products in the ROK and globally, according to the agreement.

By directly integrating cells into packs without modules, CTP technology improves system energy density, simplifies manufacturing and helps reduce costs.

The partnership will enable both parties to sharpen their competitive edge by working together to develop more innovative technologies for the global electric vehicle (EV) market, CATL said in the statement.

The partnership also initiates a new model for global technology cooperation in the industry, and helps CATL to spread its battery technology worldwide.

Headquartered in Ningde, in east China's Fujian Province, CATL posted net profit growth of 131.45 percent in the first half of 2021 amid a booming new-energy vehicle (NEV) market. Enditem
They should be careful that Koreans are known for copying culture and technology and then claiming as their own.
 

NiuBiDaRen

Brigadier
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Just leapfrog the internal combustion engine already @ansy1968

If Chinese EVs do well in Germany, where else can they not succeed?

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Meanwhile, Japanese automakers are becoming skeptical of EVs. Though maybe they are interested in hydrogen FCEVs.
 
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