Two-thirds of the world’s manufacturing capacity for lithium-ion batteries is based in China, and that is driving car manufacturers around the world to move their plants to that country. US industry leader Tesla is already building a plant in Shanghai expected to produce 500,000 electric cars a year. Meanwhile, Volkswagen has announced it will invest $12 billion in its electric…
A massive 50 GWh battery factory project planned in Asia for next year Electrek.co, May 25, 2017 Tesla has the most ambitious plan with Gigafactory 1 having the same capacity as the entire industry at a single location, but the world will need 100 of those to transition to electric transport and renewable energy. A few other companies have now announced…
futurism.com In Brief: The Chinese city of Beijing plans to spend $1.3 billion to convert its fleet of 70,000 taxis to electric power. The move will potentially save the taxi companies money and reduce pollution in the city, which reaches hazardous levels on a semi-regular basis. The Future of Taxis Electric vehicles have been growing in popularity among fleet operators,…
Jake Spring, January 14, 2017, Globe and Mail More electric cars are sold in China than in the rest of the world combined, but are mainly locally-branded models that are cheaper and have a shorter range than those offered by foreign auto makers such as Tesla and Nissan. The Chinese-branded electric vehicle (EV) market is propped up by huge government…
