Credit:Visual China Nio will not seek entering the U.S. market by producing EVs locally, instead, it will import premium EVs in China, Ganesh Iyer, the CEO of Nio in U.S., said as he revealed the expansion strategy of his company in the country. Nio aims to expand its business into...
Nio will not seek entering the U.S. market by producing EVs locally, instead, it will import premium EVs in China, Ganesh Iyer, the CEO of Nio in U.S., said as he revealed the expansion strategy of his company in the country. Nio aims to expand its business into a total of 25 co...
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Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in ...
Harnessing Market Forces to Address the Landlord Tenant Split Incentive in the Commercial Building Market Offices are the largest total square footage building type in the U.S. (EIA CBECS, 2003), yet existing office buildings have been an energy efficiency challenge for decades. They have been su...
Battery electric vehicles will account for more than 50% of total sales in China by the end of this decade – two years faster than previous forecasts
US$ 292.1 billion in 2023, the market is set to experience a compound annual growth rate (CAGR) of 6.38% from 2023 to 2028. In terms of vehicle types, EVs can be categorized into plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs). Revenue in the PHEV is pr...
thereby accelerating cultivation of the EV market in the United States. It also will help Gotion’s overseas expansion, especially expansion into U.S. customer base. “We believe that Gotion's battery technology will help to boost e-mobility in North America and the economic and trade exchanges...
Gotion’s new facility will promote application of Lithium iron phosphate batteries to reduce costs for American EVs that mainly empowered by nickel-cobalt-manganese ternary lithium batteries, thereby accelerating cultivation of the EV market in the United States. It also will help Gotion’s overseas ...
Under such circumstances, it is also essential for European car makers to seek global expansion in key markets like China and the US if they want to develop further. But if the EU relies solely on tariff barriers to create market division and protect its own companies, it will not only hin...