New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
Norway is the beachhead for the Chinese EV invasion, more specifically, NIO’s ambition to conquer Europe. NIO started selling the ES 8, which is a 7 seater SUV, in Norway starting 3rd quarter 2021 and so far, sales can only be described as niche, having sold only 350 units till the beginning of March. However, sales are definitely improving quarter-on-quarter as seen in 3.00 in the video. Another milestone for NIO will come later this month when the ET 7 sports sedan is launched in Oslo. Let’s see whether China can win over Europeans in the coming months.
Yeah that might fund the next wave of extremism in the Middle East.
supercat
Major
Chinese EV sales are getting crazy. 317,000 passenger NEVs were sold in February, at an annualized rate of 3.8 million - and that's usually the slowest month in China!
Another solid-state battery startup in China:
The raw material price of NMC 811 battery price almost doubled over night and now cost 3 times more than LFP, $114 kWh vs $35 kWh, because of the nickle market disruption caused by the Ukraine War.
Another solid-state battery startup in China:
The raw material price of NMC 811 battery price almost doubled over night and now cost 3 times more than LFP, $114 kWh vs $35 kWh, because of the nickle market disruption caused by the Ukraine War.
If anything expect an increase in EV subsidies, precisely to get away from oil faster. Having the greens in govt won't hurt either.