New Energy Vehicles (NEVs) in China

tphuang

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China's auto parts suppliers are expanding globally, especially in Europe, North America, South East Asia, and East Asia.
The report looked at 70 “outstanding” Chinese auto parts and software suppliers that were expanding overseas as of June. The suppliers were included based on meeting certain thresholds in five criteria, including their research and development capabilities, overseas sales and the scale of their investment in foreign markets.

Nearly 85% of the suppliers — including those that make electric-vehicle (EV) batteries, automotive chips and develop smart driving software — have invested in Europe. Germany, Belgium, the U.K., Slovenia and France are their major destinations, the report published Friday said.

More than 60% of the suppliers have invested in North America, followed by Southeast Asia at 57.1%.
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Changan will enter multiple global markets.
China's Changan Auto Plans to Set Up Plant in Europe, Sell 300,000 Units There by 2030
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Geely's global car, the Galaxy E5, has some of the most efficient electric drivetrain.
  • Comprehensive efficiency is up to 90.04%
  • Its self-developed Aegis short knife LFP batteries have a comparable energy density with Tesla's 4680 batteries, which is a more expensive lithium ternary battery (NMC 811). Furthermore, it's probably as safe as BYD's blade battery.
  • It uses the Dragon Eagle-1 chip, which is the first domestically produced 7 nm automotive chip.
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