LG Chem To Double Battery Cell Production To Meet Tesla Demand
You need a score card these days to keep up with what company is supplying battery cells to Tesla.
You need a score card these days to keep up with what company is supplying battery cells to Tesla.
In a bit of good news for a world that’s wondering when it might, hopefully, return to normal in the wake of the spread of the coronavirus pandemic, another electric car factory is re-opening its doors in China. What’s more, this one is building something we can all get excited about. That’s because production for the all-electric and terribly pretty Byton M-Byte crossover has officially begun. And as promised — Byton has kept the massive, 48″ infotainment display!
Another piece of good news is coming from Byton. It has snatched up a distribution license from California, hinting that the company will soon sell cars in the US.
Byton doesn’t do anything halfway. That much is obvious by now. The company never shied away from gigantic work and its gargantuan Nanjing production facility is a testament to its ambition. I met Mark Duchesne, who is the Vice President of Manufacturing Operations at Byton, at the Frankfurt Auto Show earlier this year. What he had to tell me was impressive.
BYTON has moved its M-Byte electric SUV a few steps closer to production this week with the reveal of the M-Byte body-in-white along with a few teasers of the production interior.
There’s so much cleantech news to cover that we generally have hundreds of stories on our “story sheet” that we’re never able to cover. In the coming days, we’ll be rolling out a couple of strategies to help deal with our backlog. Yep, this #NewsParty format is one of those.
We’ve previously written about Byton, a Chinese electric vehicle (EV) startup that hopes to conquer the global market with its autonomous design and generous internal display, as well as other important features. The company just announced it has secured a Series B funding round to the tune of $500 million.
In the electric vehicle (EV) world, 2018 is shaping up to be the year of Chinese electric vehicles and global startups. China is doing everything it can to establish its international brand in this arena — perhaps the hottest new consumer market of the 21st century. It makes us wonder how the West will react? Tesla, Volkswagen, BMW, Ford, GM, Daimler, and others have strong statements on electric vehicles and autonomous ones at that, but how prepared are each of them to genuinely compete?
On the 20th of November, it was announced that China’s green new energy license plates would be rolled out across the nation in three stages. Previously, the green licence plates had been implemented in Shanghai, Nanjing, Wuxi, Jinan, and Shenzhen on the 1st of December of 2016.
The South Korean battery cell manufacturing firm LG Chem will be further expanding its manufacturing capacity in the US and China, despite the presence of some onerous regulatory hurdles in China, according to recent reports.