New Energy Vehicles (NEVs) in China

Toyota's first EV in China, and the first EV it has around the world since the RAV-4 EV 10 years ago is the C-HR. To be exact, China's version of the Toyota C-HR.

The C-HR is not an uncommon sight in Asian, North American and European roads, but only in China does it come with an EV variant with 201 hp. The other version of the C-HR in China comes with a naturally aspirated 2.0 liter engine that makes about 170hp.

In Europe the vehicle can be had with a 2.0 liter hybrid, a 1.8 liter hybrid or a 1.2 liter turbo, while other regions can have the 1.8 liter hybrid or the 1.2 liter turbo. In the US and Canada, the C-HR only comes with a 2.0 liter natural aspirated engine that makes 156 hp. Despite the aggressive looks, the C-HR, short for Coupe High Rider, isn't known for its performance although you still get Toyota's legendary reliability. But I'm surprised that NA gets the short end of the stick when it comes to the model variety, with the hybrid only available in Europe and the powerful EV variant a Chinese exclusive. The hybrids use Nickel Hydride but the EV uses Lithium Ion.

CATL are evaluating sites for a $5 billion, 80 GWh battery factory in North America, in the US, Canada, or Mexico, which may eventually employ 10,000 workers. Notice that Mexico is included, just in case the policy making morons in the US and Canada give CATL any trouble.

Tesla Supplier CATL Weighs Sites for $5 Billion Battery Plant​

• Chinese battery maker considering Mexico, U.S., Canada sites
• Plant to have 80 gwh annual capacity, supply multiple firms

...

A manufacturing footprint in North America will be crucial for Ningde, Fujian-based CATL to avoid costly trade tariffs while supplying Tesla and other automakers.
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CATL has 145 gigawatt-hours of battery manufacturing capacity online and has announced or is in the process of building another 579 by 2026, according to data compiled by BloombergNEF.

The manufacturer also counts auto giants Daimler Truck Holding AG, BMW, Stellantis NV and BAIC Motor Corp among its customers around the world.

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After a shitty quarter, some good news to look foward to for the HK stock market...

Honda releases an EV exclusive for the Chinese market for the equivalent USD$27,000. Will Honda release it for the rest of the world?

That's rich.
Jim Greenberger, the executive director of NAATBatt International, a trade group that advocates for battery development and manufacturing in the U.S., said he has no objection to a CATL plant in North America, so long as the company brings battery manufacturing technology and know-how to the U.S., not just low-wage assembly jobs. The U.S. should mimic China’s joint ventures with western businesses.

“The principle would be largely the same: we’ll give you market access, and in exchange, you have to transfer tech to us and our people,” he said. “That plants the seeds for future economic development that could be quite valuable.” Battery cell design, manufacturing equipment, and factory operations all are areas where, as Greenberger sees it, the U.S. could use some tutoring.

KYli said:

That's rich.

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Jim Greenberger, the executive director of NAATBatt International, a trade group that advocates for battery development and manufacturing in the U.S., said he has no objection to a CATL plant in North America, so long as the company brings battery manufacturing technology and know-how to the U.S., not just low-wage assembly jobs. The U.S. should mimic China’s joint ventures with western businesses.

“The principle would be largely the same: we’ll give you market access, and in exchange, you have to transfer tech to us and our people,” he said. “That plants the seeds for future economic development that could be quite valuable.” Battery cell design, manufacturing equipment, and factory operations all are areas where, as Greenberger sees it, the U.S. could use some tutoring.

Click to expand...

But But America told me that China has no technology of their own and they steal everything? Big Powerful America wants Chinese tech now? Lol how the tables have turned.

KYli said:

That's rich.

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Jim Greenberger, the executive director of NAATBatt International, a trade group that advocates for battery development and manufacturing in the U.S., said he has no objection to a CATL plant in North America, so long as the company brings battery manufacturing technology and know-how to the U.S., not just low-wage assembly jobs. The U.S. should mimic China’s joint ventures with western businesses.

“The principle would be largely the same: we’ll give you market access, and in exchange, you have to transfer tech to us and our people,” he said. “That plants the seeds for future economic development that could be quite valuable.” Battery cell design, manufacturing equipment, and factory operations all are areas where, as Greenberger sees it, the U.S. could use some tutoring.

Click to expand...

Isn't this forced technology transfer?