The electric vehicle market: China versus the U.S.
Electric VehicleThe electric vehicle market in both China and the U.S. is vastly different in their approaches to electric cars. In this sector, the United States is experiencing rapid growth, while China has much more to improve its EV infrastructure. Globally, electric vehicle sales are growing rapidly, and China is competing with the U.S. for th...
NIO launches the first power swap station: Power Swap Station 2.0
Power Swap Station 2.0An agreement for strategic partnership between Sinopec and NIO has been signed. In January 2021, NIO announced the first battery swap station of a second-generation Power Swap Station 2.0, and it was inaugurated on April 15, 2021. In addition to the new station, NIO also introduced its strategic partnership with Sinopec. As pa...
Ford plans to market cars directly in China via its new EV company
Ford EVUnder the new EV company, Ford will promote automobiles to consumers instantly in China Ford Motor Co. declared Tuesday it will market autos straight to clients in China underneath the umbrella of any new, specialized battery-electric car firm. In the world's most significant automobile market and electric-powered automobile head, the transf...