Category Archives: EV

Analysts: China is the Heart and Lungs for Tesla as the Country Provides Factories and Market

published: 2020-12-25 9:11 | editor | category: News
The market initially thought what Elon Musk said two years ago about selling and delivering 500K units of vehicles was nothing but a joke, though the target is highly likely to be achieved within this year, and the shares of Tesla had surged under the bull market this year. Analysts believe that Tesla would require 2-3 years of time to achieve the sales of 500K units outside of China, and the Nikkei’s interview with market experts also disclosed that the significance of China resembles the heart and lungs of Tesla. ...  more

Honda Will Stop Selling Cars That Are Purely Powered by an Internal Combustion Engine in Europe in 2022

published: 2020-12-18 18:30 | editor | category: News
Honda has just announced that it will phase out vehicles that are totally powered by an internal combustion engine (ICE) in Europe in 2022. From that point on, the Japanese carmaker will only offer battery-electric or hybrid models for this regional market. Honda is already having trouble complying with the European standard for carbon emission, and it will ultimately have to make a full transition from engines that run on gasoline and diesel to powertrain systems that are carbon-neutral. ...  more

Hydrogen Vehicles in a Dilemma: German Government Moving Forward While Manufacturers Turning Backward

published: 2020-12-15 18:30 | editor | category: News
Electric vehicles yielded remarkable performance in the market amidst the turbulent 2020, which has invigorated the stock prices of automotive manufacturers to continue to surge in the fourth quarter. However, an awkward predicament has surfaced in Germany regarding whether to continue developing hydrogen fuel cells, where the government and the three major automotive manufacturers have derived a major divergence at the critical intersection. ...  more

CMC Steals Kymco’s Thunder by Announcing Participation in PBGN with eMoving Immediately Prior to Kymco Unveiling

published: 2020-12-11 18:30 | editor | category: News
Right before the upcoming unveiling of Kymco’s new electric scooters, CMC eMoving, a heavyweight in Taiwan’s electric scooter battery consortium (henceforth “the consortium”), announced that it will officially join the PBGN (henceforth “the network”). Spearheading eMoving’s PBGN participation is the company’s first PBGN-compliant electric scooter, to be released in 4Q21. ...  more