2022 Ford US EV Sales Down and Tesla Should Pass Ford by 2024

Ford Mustang Mach-E sales in February, 2022 were 2,001, which is little over half (46.5% less than) than the same month in 2021. Ford has been averaging 2000-3000 mach-e each month. Ford halted Mach-e production for a week due to chip shortages. Ford suspended production at three assembly plants in Michigan, Illinois and Mexico throughout …

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EV Companies Not Using Iron LFP Batteries Are Doomed

Volkswagen, Ford and GM are making nickel batteries. Nickel batteries are currently about twice as expensive as iron LFP batteries. LFP battery volume will be about 80% of the total battery market in 2024-2025. Nickel prices are increasing and LFP battery mass production will drive down their prices faster. Iron LFP batteries could become three …

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BYD and Other China Electric Car Makers in 2022

BYD has increased its 2022 battery-electric (BEV) and plug-in hybrid electric (PHEV) car production target from 1.2 million to 1.5 million units. BYD’s old target was about half BEV and half hybrid (600K each). I would expect the new target to be 800K BEV and 700K PHEV. In terms of battery electric cars, Tesla is …

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BYD and FAW Start 45 GWH/year Battery Factory

On February 26, 2022, FAW and BYD started a planned 45 GWh/year power battery project in Changchun, Jilin Province. It has an investment of 13.5 billion yuan (about US $2.1 billion). The factory will cover 800000 square meters and provide batteries for 600000 electric vehicles every year. Changchun making an international automobile city with China’s …

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China’s SVolt Energy 600 GWh of Battery Capacity by 2025

Chinese power battery supplier Svolt Energy is now targeting 600 GWh of battery capacity by 2025. Svolt’s “SV ‘600’ Strategy” was released on December 8. This is nearly doubling the company’s previous goal of 320 GWh and surpassing the 520 GWh capacity that CATL, currently China’s largest power cell supplier, current 2025 target. Svolt Chairman …

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CALB 40GWh LFP Battery Expansion and Targets 500 GWh by 2025

China Lithium Battery Technology (CALB) has started building the thrid phase of an LFP lithium battery factory with manufacturing capacity of 40GWh and supporting assembly lines for battery modules and battery packs. For the first stage, CALB plans to invest 5 billion yuan ($786.275 million) in 10GWh manufacturing facilities. The first phase will output a …

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Tesla China Delivered 70600 EVs in December

Tesla China delivered 70,847 Vehicles in Dec 2021. The total 2021 Tesla China production was 484,130 and about 160,000 were exported. 320,000 were delivered to domestic China buyers. Tesla sold 120,000 EVs globally in December 2021. Tesla made 936000 EVs in 2021. BYD sold 48317 EVs in December. BYD made 322,000 EVs in 2021. Tesla …

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