From what I have heard, their business model is selling carbon emmision credits because all their vehicles are electric. While Volkswagen is paying tens-hundreds of millions of dollars buying carbon emmisions credits from EV manufacturers.Sales of the Wuling hit a record. A new model will come out soon with double the charge and double the power without increasing the price.
China lags in important electric car technology despite rare earths advantage, says permanent magnets scientist
Chinese electric carmakers are still lagging behind their foreign rivals in permanent magnet (PM) motor innovation despite the fact that China is the world’s dominant supplier of the rare earth metals required for making them, a top Chinese British scientist said in an interview.
Zi-qiang Zhu, an electrical engineering professor at the University of Sheffield, said in a group interview this week that Chinese (EV) companies, which include traditional carmakers and new players, are generally relying on less valuable technologies than overseas companies.
“If you look at Toyota, BMW or Nissan, they all have their own innovation in their electric machines. But I don’t see that China has any substantial innovation in new energy vehicles,” Zhu said.
China lags in important electric car technology despite rare earths advantage, says permanent magnets scientist
Chinese electric carmakers are still lagging behind their foreign rivals in permanent magnet (PM) motor innovation despite the fact that China is the world’s dominant supplier of the rare earth metals required for making them, a top Chinese British scientist said in an interview.
China lags in important electric car technology despite rare earths advantage, says permanent magnets scientist
Chinese electric carmakers are still lagging behind their foreign rivals in permanent magnet (PM) motor innovation despite the fact that China is the world’s dominant supplier of the rare earth metals required for making them, a top Chinese British scientist said in an interview.
Zi-qiang Zhu, an electrical engineering professor at the University of Sheffield, said in a group interview this week that Chinese (EV) companies, which include traditional carmakers and new players, are generally relying on less valuable technologies than overseas companies.
“If you look at Toyota, BMW or Nissan, they all have their own innovation in their electric machines. But I don’t see that China has any substantial innovation in new energy vehicles,” Zhu said.