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?
Obviously he is going to say something catchy to draw attention to himself and his employer.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.
Another Example:“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.”
MG is owned by SAIC, not GeelyMG is having a revival thanks to Geely and EV.
It not in China(yet?) but any thought about this concept?
In concept it sounds okay given they are more talking about last miles deliver not country wide, I kind of skimmed the video.How is this advantageous over trains?
They should be careful that Koreans are known for copying culture and technology and then claiming as their own.
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
Reaaly? Never heard of this.They should be careful that Koreans are known for copying culture and technology and then claiming as their own.
Just leapfrog the internal combustion engine already @ansy1968