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𝐈𝐟 𝐒𝐮𝐛𝐬𝐢𝐝𝐢𝐞𝐬 𝐅𝐮𝐞𝐥𝐞𝐝 𝐂𝐡𝐢𝐧𝐚’𝐬 𝐄𝐕 𝐁𝐨𝐨𝐦, 𝐖𝐡𝐲 𝐂𝐚𝐧'𝐭 𝐎𝐭𝐡𝐞𝐫 𝐂𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬 𝐅𝐨𝐥𝐥𝐨𝐰 𝐒𝐮𝐢𝐭? China’s eye-catching (and cheap) models are making their way to many markets around the world. That’s often causing anxiety among foreign governments worried they’ll hurt their own auto industries and even their entire industrial bases. This prompted Canada to join the US and European Union in moving ahead with tariffs on Chinese EVs. The fear is that Beijing is unfairly propping up its EV sector with floods of subsidies. There is some truth in that. One recent study *(see link below) says China’s EVs benefited from at least $231 billion in government funds and aid from 2009 to the end of last year. Still, there’s more to the story. Bloomberg found that while lavish financial backing surely helped, many other elements propelled the industry, like vision, timing, entrepreneurial spirit and innovation-spurring competition. Bloomberg believes that it will be difficult for other countries to replicate China's success. For example: Vision. Many industry insiders in China point to Wan Gang, the science and technology minister from 2007 to 2018, for identifying early on how automakers would struggle to catch up with foreign brands in the market for cars with internal combustion engines. 𝐓𝐡𝐚𝐭 𝐢𝐧𝐬𝐢𝐠𝐡𝐭 — 𝐚𝐥𝐨𝐧𝐠 𝐰𝐢𝐭𝐡 𝐖𝐚𝐧’𝐬 𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐭𝐨 𝐬𝐩𝐨𝐭 𝐡𝐨𝐰 𝐝𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐧𝐞𝐰-𝐞𝐧𝐞𝐫𝐠𝐲 𝐭𝐞𝐜𝐡 𝐰𝐨𝐮𝐥𝐝 𝐛𝐥𝐨𝐬𝐬𝐨𝐦 — 𝐰𝐚𝐬 𝐤𝐞𝐲 𝐭𝐨 𝐩𝐮𝐭𝐭𝐢𝐧𝐠 𝐂𝐡𝐢𝐧𝐚 𝐨𝐧 𝐭𝐡𝐞 𝐩𝐚𝐭𝐡 𝐨𝐟 𝐛𝐞𝐜𝐨𝐦𝐢𝐧𝐠 𝐚 𝐰𝐨𝐫𝐥𝐝 𝐥𝐞𝐚𝐝𝐞𝐫 𝐢𝐧 𝐄𝐕𝐬. Joerg Wuttke, the former president of the European Union Chamber of Commerce in China, said that while there were many “cooks responsible for the success of Chinese EVs,” Wan was well-placed to execute good ideas. “𝐀𝐧𝐝 𝐡𝐞 𝐝𝐢𝐝 𝐢𝐭 𝐚𝐭 𝐚𝐧 𝐞𝐚𝐫𝐥𝐲 𝐬𝐭𝐚𝐠𝐞 𝐰𝐡𝐞𝐧 𝐧𝐨𝐛𝐨𝐝𝐲 𝐡𝐚𝐝 𝐞𝐯𝐞𝐧 𝐭𝐡𝐨𝐮𝐠𝐡𝐭 𝐚𝐛𝐨𝐮𝐭 𝐢𝐭,” Over the years, Chinese decision-makers made other calls that proved to be winners, such as when they 𝘪𝘯𝘷𝘪𝘵𝘦𝘥 𝘌𝘭𝘰𝘯 𝘔𝘶𝘴𝘬’𝘴 𝘛𝘦𝘴𝘭𝘢 𝘪𝘯𝘵𝘰 𝘵𝘩𝘦 𝘭𝘰𝘤𝘢𝘭 𝘮𝘢𝘳𝘬𝘦𝘵. The US firm started manufacturing its cars in China in 2019 — a development that not only piqued consumer interest but spurred the EV supply chain build-out. 𝐓𝐡𝐚𝐭 𝐬𝐮𝐩𝐩𝐥𝐲 𝐜𝐡𝐚𝐢𝐧 𝐢𝐬 𝐬𝐨𝐦𝐞𝐭𝐡𝐢𝐧𝐠 𝐲𝐨𝐮 𝐰𝐨𝐧’𝐭 𝐬𝐞𝐞 in flashy EV showrooms ubiquitous in Chinese shopping malls. Yet it 𝐮𝐧𝐝𝐞𝐫𝐩𝐢𝐧𝐬 𝐭𝐡𝐞 𝐧𝐚𝐭𝐢𝐨𝐧’𝐬 𝐄𝐕 𝐬𝐞𝐜𝐭𝐨𝐫. Or as a proud government official recently put it: 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐜𝐚𝐫𝐦𝐚𝐤𝐞𝐫𝐬 in the Yangtze River Delta, home to Shanghai, 𝐜𝐚𝐧 𝐠𝐞𝐭 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐩𝐚𝐫𝐭𝐬 𝐭𝐡𝐞𝐲 𝐧𝐞𝐞𝐝 𝐰𝐢𝐭𝐡𝐢𝐧 𝐚 𝐟𝐨𝐮𝐫-𝐡𝐨𝐮𝐫 𝐰𝐢𝐧𝐝𝐨𝐰. 𝐓𝐡𝐚𝐭'𝐬 𝐂𝐡𝐢𝐧𝐚 𝐟𝐨𝐫 𝐦𝐚𝐧𝐲 𝐨𝐟 𝐮𝐬.

“EV makers must secure mission-critical suppliers to scale successfully” writes Dominic Tribe, partner and automotive sector specialist at Vendigital. Most experts predict that the EV market will continue to grow over the coming decade. However, with EV battery packs, and the raw materials required to make them, in short supply, manufacturers will need to box clever to improve their operational resilience and secure the supplies they need. Dom has explained how EV manufacturers can do this in a new article for just-auto.com | The automotive industry news & information site. Please click here to read it: https://bit.ly/47tiRsQ #electricvehicles #electriccars #automotiveindustry #ev #supplychain

Most experts predict that the EV market will continue to grow over the coming decade – but not without its challenges. In recent years, the complex nature of most global supply chains – and the rapid growth in demand for battery-electric vehicles – has increased the risk of supply shortages. For example, there is growing concern in the UK and Europe that demand for lithium-ion batteries, which are currently used in EVs, could outstrip supply potentially as early as 2025. The rate of EV adoption/transition has also started to slow, and this likely reflects the lack of Government subsidies/incentives for private buyers. So, what can EV makers do to navigate this? I was pleased to share my thoughts with just-auto.com | The automotive industry news & information site this month. Click here to read: https://lnkd.in/d5SUZb82 #electriccars #electricvehicles #evbatteries #ev

⚡️ British EV drivers are paying the most expensive rates for high-power charging in Europe ⚡️ Data from LCP Delta's new CHARGEtrack tool analysed tariff data from 32 European countries, and collated the results per kilometre. The results show that British drivers are paying 74% more on average compared to the leading countries in Europe. Find out more down below 👇 #ElectricDrives | #ElectricVehicles | #EMobility | #EV | #Sustainability | #LCPDelta | #EVCharging | #Charging | #ChargingRates | #EVTariff Esther Musa John Murray Cara Sloan Sam Hollister Satya Kakde Oliver McHugh Mark Foskett Laura A. McGuigan Charmaine Coutinho

Tariff for electric vehicle charging points introduced by Moray Council: … use of Moray Council-operated electric vehicle charging points has been introduced … £1. Moray Council operates several electric vehicle charging points throughout the area … of the rising demand for electric vehicle charging. "We will continue … #car #cars #awesome

EV makers seek long-term subsidy assurance before FAME III. FAME scheme, launched in 2015, provided subsidies to lower EV prices. FAME-II, introduced in 2019, ended in March 2024, leading to a slowdown in EV sales. Read more at: https://ow.ly/zoSY50SuhMw #EVs | #Subsidy | #FAME | #Incentives | #Sales | #TPCI

Last week's Society of Motor Manufacturers and Traders (SMMT) Transport News Brief lead comment, UK production needs to be next government’s central focus Last week saw SMMT publish May’s commercial vehicle production figures – down -59.3% on last year, and the third consecutive month of decline. Temporary supply chain shortages have impacted some of the production output, but we are also seeing that factories are responding to a downturn in order books as we adjust to the new normal. UK commercial vehicle production is a key contributor to the UK economy – and earlier this week SMMT launched Vision 2035: Ready To Grow, which calls on the next government to work in partnership with the automotive industry to unleash its full potential and deliver growth worth £50 billion over the next decade. A key part of this is the UK’s vehicle production, and the vision highlights how to increase the UK’s global competitiveness in electric light vehicle production, which would deliver a cumulative £290 billion increase in value up to the end of 2035. With CV production found in every part of the UK – not to mention a vast supply chain supporting the industry both home and abroad – success will drive growth across the nation. With the general election one week away, SMMT is now looking to the next government, which ever colour, to invest in UK factories as they transition their production lines to make zero emission models. With almost 70% of UK CV production destined for export, it is vital that Britain continues to work to secure the best possible trading conditions for this key contributor the economy. The paper was launch as part of SMMT’s International Automotive Summit, which as ever included a diverse range of speakers from the commercial vehicle and bus sectors. It was no surprise that most of the discussions were around what will happen post 4 July. The overwhelming opinion was that the next government need to produce a clear strategy for how charging infrastructure will be funded for the rollout of zero emission trucks and buses – critical for encouraging greater adoption. Plus, while the UK has a growing zero emission supply chain that produces almost every component needed, the reality is the need to scale up. For ZEVs to achieve the levels of UK content currently seen in British-produced ICE vehicles, there’s a real need to turbocharge investment. Vehicle production is often called the jewel in the crown of the UK economy – whatever the election result next week, let’s hope that the right steps are taken to ensure it continues to shine.

Self Charging Electric Bike Manufacturing Plant Project Report 2024: Raw Materials Requirement, Plant Cost and Revenue https://lnkd.in/eABPiRcm #marketanalysis #marketresearch #marketresearchreports #businessintelligence

As the Canadian federal government considers a tariff on Chinese electric vehicles — intended to offset some of China’s intentional market saturation — it is only logical to wonder what impact this move will have and what the future holds for the EV market. In The Conversation Canada, Roland Lee, an associated professor in the Department of Physical Sciences at MacEwan University, and colleagues researching the lifespan of EV batteries, considers the question. Follow Kathari.News for news and views on the #energytransition #EVtariffs #ChineseEVs #EVbatteries #EVlifecycle

This week's Society of Motor Manufacturers and Traders (SMMT) Transport News Brief lead comment, Britain’s CV-makers deliver highest volumes in 13 years 2023 was a bumper year for UK commercial vehicle production following huge investment in new facilities and model line-ups, with some 120,357 vans, trucks, taxis, buses and coaches leaving factory lines, according to new SMMT figures published this week. The strong performance, 18.5% above the year before, means that volumes were at their highest level since 2010, with exports driving the bulk of the growth, as overseas deliveries rose by 25.8% to represent almost two thirds of production – another 13-year high. The EU again took pole position as the UK’s biggest global market, responsible for more than nine in 10 exports, followed by Australia and the US – emphasising the value of positive trading relationships with the bloc and indeed countries all over the world. Major investments throughout last year are an important part of the success story, including the start of volume electric van production at Ellesmere Port, as well as a new distribution truck in Leyland and double decker buses in England and Scotland – all helping December to wrap up a successful 12 months. With robust uplifts in production for the domestic market too, more of the latest commercial vehicles flying the “made in Britain” flag are heading for our roads, and that is only a good thing. However, with the transformation of manufacturing facilities to meet the demand for the zero emission market, we need firm orders to demonstrate the value of that investment. For the UK to continue to be a competitive place for investment, we need willingness from government to prioritise our sector, supporting the facilities that are seeking to switch their production to zero emission capabilities as well as facilitating a growing zero emission market for manufacturers that have already made the transition. The UK is a thriving powerhouse of innovation and has the capability to produce most of the components needed for an EV – and with the right legislative support and funding, our capacity can be scaled up. That means more battery and hydrogen vehicles and components, widely affordable and accessible green energy, more timely connections to the grid, and access to the skills and training needed to futureproof our workforce for net zero. Government’s budget will be the first chance it has to bring in measures to that end, and SMMT will continue to back the sector as we look to make this year even better than the last.