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Tag: Chinas

China’s Rare Earth Export Curbs Put Europe’s Electric Vehicle Industry at Risk – iShook Finance

Milan, Oct. 15 — Europe’s carmakers are facing new risks to electric vehicle production as China prepares to tighten restrictions on rare earth metal exports, according to Italy’s leading auto parts industry group. Roberto Vavassori, chairman of the Italian Automotive Industry Association (ANFIA), said on Tuesday that the region’s reserves of rare earth materials have … Continue reading “China’s Rare Earth Export Curbs Put Europe’s Electric Vehicle Industry at Risk – iShook Finance”

BYD overtakes Tesla as China’s EV giants dominate global sales

China’s EV automakers have surged ahead of the competition in global EV sales, and a new report shows just how far ahead they are. The International Council on Clean Transportation (ICCT) just dropped its third annual Global Automaker Rating, showing that Chinese carmakers dominate the zero-emission vehicle (ZEV) space. China now accounts for over 11 … Continue reading “BYD overtakes Tesla as China’s EV giants dominate global sales”

Rio Tinto and China’s SPIC partner to test electric mining trucks with battery swapping

Mining giant Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery-swap-capable electric haul trucks at the Oyu Tolgoi copper mine in Mongolia. The technology is already in use on haul trucks in mining operations in China, and this collaboration will enable Rio Tinto to demonstrate a complete battery-electric truck and … Continue reading “Rio Tinto and China’s SPIC partner to test electric mining trucks with battery swapping”