Consumer expectations in China's EV market are evolving beyond flashy features to prioritize safety, performance, and durability...
Battery costs are the most expensive component in electric vehicles (EV) and a move toward lower prices by CATL, which had 37% of the global market last year, would ease a major cost pressure on automakers. CATL, which counts Tesla, Nio and Volkswagen among its largest clients, i...
Higher utilization rate and charging efficiency, but lower cost. A newly developed shared EV charging station system has recently started trial operations in Changji Hui Autonomous Prefecture of China's Xinjiang. Check out the video for a closer look!■ You may like Tea gardens enter harvest se...
Both Liu and Kah agreed that in the long run, cost remains the key to EV-related technology development. According to Liu, in the past several years, the cost of EVs in China has reduced by more than 70 percent, triggering increasing sales. However, Kah also argued that with more EVs c...
of the UN Environment Program, said in an interview with Xinhua that China is now the core of global green development and an indispensable force in the global green transformation, noting that countries seeking green development without cooperating with China will “pay more time and cost.“ ...
Moreover, China has a comprehensive automotive industry and supply chain, spanning from raw materials to parts production and vehicle assembly. This not only guarantees high production efficiency but also lowers costs. Despite potential tariffs, these cost advantages are still attractive conditions for ...
China EV subsidies could be extended if the government considers it necessary to stimulate the market, besides tackling slow growth in the auto industry.
It has adopted an array of measures to encourage sector growth, from setting a goal to support the charging of 20 million vehicles by 2025 to limiting public charging costs to only one or two times higher than the average cost to charge at home. China's pro-innovation stance on EV ...
"China's battery recycling industry is now relatively small because it was difficult to make a profit in the early days. Because if the battery recycling is added to the life cycle management of the battery, the cost of the battery will increase greatly, which will push the price of NEVs....
EVs have become more common worldwide amid the trend toward decarbonization, while safety and economic risks caused by battery abnormalities and deterioration have become issues that need to be urgently resolved. Especially in China, the world’s largest EV market, this matter has become a concern...