EV companies, also known as electric vehicle companies have become more popular and have seen an increase over the years. EV is a type of automobile that uses motors powered by electricity stored in a battery instead of fossil fuels for propulsion. This electricity is usually supplied by the g...
Tesla's bona fides are well-known by now. The company is one of the largest electric vehicle (EV) makers in the world. It was recently surpassed by China'sBYD, but the two are still closely vying for the top spot. However, Tesla isn't just valued as a straight EV company. Investors...
None of the Chinese EV makers, from startups like Nio, Li Auto and Xpeng that make only electric vehicles model to companies like Geely Auto that are adding EVs to an existing lineup of gasoline-powered cars (Geely owns the Volvo brand), have Tesla's expertise in software and semicon...
Mecha mentioned that voice recognition and AI assistants are now found in almost every new car produced in China. Therefore, the core of Volkswagen’s localization strategy is to work closely with Chinese hi-tech companies including intelligent driving, AI, and big data, to develop ICV products ...
BearingPoint is a European management and technology consultancy. The firm has a global consulting network with more than 10,000 people and supports clients in over 70 countries and regions, providing advisory and technology solutions to many of the world's leading comp...
Local brands are dominating the EV market in China. In 2022, domestic companies accounted for 80% of the top 10 EV models sold in China, with BYD emerging as the brand that had the highest number of models on the board.Table source: Counterpoint, designed by Daxue Consulting, China’s to...
If their power cells match the expectations of automakers, this may whittle down CATL’s chokehold over significant parts of EV companies’ supply chains. An obstinate monopoly As the dominant battery supplier in the world, CATL offered harsh business terms to many of its clients...
China Ocean Shipping Company (COSCO), one of the largest shipping companies in the world, designed a foldable rack that can load cars and stack them up into a wood-pulp carrier. In July last year, COSCO loaded such a ship with over 2,700 cars and sent them to Brazil. With makeshift ...
Mecha mentioned that voice recognition and AI assistants are now found in almost every new car produced in China. Therefore, the core of Volkswagen’s localization strategy is to work closely with Chinese hi-tech companies including intelligent driving, AI, and big data, to develop ICV products ...
EV companies in India are developing vehicles and charging infrastructure to decarbonize the transportation industry.