20 de outubro de 2020 , por
Debuting at No. The sophisticated labs and new factories coming in China and Germany are a marked contrast to the makeshift production lines of Zeng’s early career. “We won't exclude the possibility to supply its Berlin Gigafactory,” Zeng said in the interview. Starting next year, CATL should supply components for about half the Shanghai plant’s output, according to Sanford C. Bernstein. According to Zeng, the supplier also is capable of producing a long-life battery that lasts 16 years and 2 million kilometers (1.24 million miles), and is intended for use in multiple vehicles and in energy storage. She specialises in writing about new technology and has been writing about electric vehicles for two years. Ma, 56, retired as Alibaba chairman last year and also is a shareholder in Ant Group, a payments service spun off from Alibaba. Entrepreneurs in electric cars, an industry the ruling Communist Party is promoting, also saw their fortunes swell. For CATL, the alliance comes at a crucial time. Zeng Yuqun of battery producer CATL tripled to $17.6 billion. “CATL's success is largely because of the strong demand in China,” BNEF analyst Daixin Li said. Bridie Schmidt is lead reporter for The Driven, sister site of Renew Economy. “That's the only way to beat them.”. âChinaâs entrepreneurs have done much better than expected. Tesla Inc. needs to succeed in China if it wants to dominate the world of electric cars—especially in a post-virus world. His team helped BMW’s China joint venture develop its early battery-powered models, and CATL now has an 11-year supply contract with the German parent. He Xiaopeng of electric car brand Xpeng, rose 80% to $6.6 billion following a stock market debut in … He Xiaopeng of electric car brand Xpeng, rose 80% to $6.6 billion following a stock market debut in … Li Yongxin of Offcn, an online work training platform, more than doubled to $20.6 billion. As The Driven reported in February, Tesla was already in advanced discussions to use CATL’s low-cost, no-cobalt lithium iron phosphate (LFP) battery packs. “You have to be more innovative, more cost-efficient, with better performance,” Zeng said. “Musk told me that Tesla wants to produce batteries itself, and as far as we know, their method will not affect ours,” Yuqun was quoted as saying by China Daily. Battery sales fell almost a third in the first five months of 2020, according to SNE Research, as car purchases plunged in China amid the pandemic, trade war and a scaling back of government subsidies. Join us in sharing support for all the heroes on the frontlines. Although the catalogue has now reportedly been deleted, it sparked speculation on whether the use of the cheap LFP batteries would be used in China-made Model 3s, bringing the price of the popular electric car down even further. There, he’s put forward proposals to further focus on renewable energy. By using CATL’s cheaper and smaller batteries for the Model 3, Tesla’s costs per car could fall between $600 and $1,200, according to Bernstein. Zeng Yuqun of battery producer CATL tripled to $17.6 billion. “Tesla would have a pretty meaningful advantage.”, https://tech.hindustantimes.com/tech/news/the-battery-billionaire-who-s-key-to-tesla-s-future-in-china-71594607355837.html, https://tech.hindustantimes.com/tech/news/analog-devices-near-deal-to-buy-maxim-for-17-billion-71594606900003.html, https://tech.hindustantimes.com/tech/news/tech-wrap-reliance-jio-qualcomm-deal-mozilla-suspends-firefox-send-and-more-71594571660675.html, https://tech.hindustantimes.com/tech/news/reliance-jio-qualcomm-deal-5-things-you-should-know-about-it-71594568289590.html, Elon Musk is now the world’s seventh-richest person, Musk says Tesla is ‘very close’ to developing fully autonomous vehicles, Elon Musk to soon share Neuralink’s progress report. ALSO READ: Musk says Tesla is ‘very close’ to developing fully autonomous vehicles, There’s already a developing partnership between the two executives, according to Zeng.
Input your search keywords and press Enter. The deal will likely put considerable pressure on LG Chem in terms of market share, as well as Tesla’s formerly exclusive battery partner, Panasonic. Even before the new research hub, CATL’s efforts put it among the top tier of the industry, said Hu Feng, a partner at Shenzhen-based Gao Gong Lithium Battery Research Center who has tracked Zeng’s work for almost a decade. Li Bin of NIO rose 300% to $3.5 billion. Our new Spectrum News app is the most convenient way to get the stories that matter to you. “We get along well. FILE - In this Sept. 10, 2019 file photo, Jack Ma, founder of the Alibaba Group, speaks at the company's 20th-anniversary celebration in Hangzhou in eastern China's Zhejiang province. Staff members coated batteries with a paint brush in one hand and a hairdryer in the other, and Zeng once used paper clips as a temporary fix to stop vibrating equipment from damaging cells. Electric-car sales have declined about 38 percent from a year ago, the China Association of Automobile Manufacturers said July 10, and that risks exposing the country’s multi-billion-dollar EV push as a bubble. A 3.3 billion-yuan ($470 million) research-and-development complex is intended to be a global flagship. The Chinese battery maker, known in full as Contemporary Amperex Technology Co. Limited, has taken a front seat in the electric car battery world having recently revealed a deal with leading electric car maker Tesla that will drive down the costs of batteries. According to the report, a catalogue from the China’s Ministry of Industry and Information Technology (MIIT) on May 15 showed the locally made Model 3 would be powered by LFP batteries. Working with a domestic supplier like CATL could further burnish Tesla's relations with China's authorities, which have been key to its local success.
Lei Jun of rival smartphone brand Xiaomi saw his fortune more than double to $25 billion as its share price surged, possibly boosted by expectations sales will benefit from Huaweiâs troubles. Now, Yuqun has spoken about some details regarding the Tesla deal, and his comments hint at a possible future battery production partnership between CATL and the Californian EV maker. âThe world has never seen this much wealth created in just one year,â said Hoogewerf in a statement. Tesla and CATL—the latter confirmed in a February filing it would become a supplier to the carmaker—declined to disclose precise details, including the types of packs involved.
Can non-Tesla electric cars use Tesla EV chargers? Now, staff don medical-style protective clothing to limit the spread of dust before passing through a high-pressure air shower. CATL’s products are in almost every major global auto brand, and starting this month they’ll also power electric vehicles manufactured by Tesla at its new factory on the outskirts of Shanghai. In these trying times, community is everything. Ma Huateng, founder of Tencent, which operates the popular WeChat messaging service, was No. They include 143 workers with Ph.D.s—who receive such perks as their own canteen and can take advantage of a company-run dating service that took credit for 52 marriages last year. Download it here. ALSO READ: Panasonic CEO says Tesla's Elon Musk a 'genius' who can be 'overly optimistic'.
The richest woman on the list was Yang Huiyan of real estate developer Country Garden. U.S. export controls imposed in a feud with Beijing over technology and security threaten to cripple its sales of smartphones and switching equipment. More research facilities are under construction in Ningde, where entire city blocks are filled with laboratories and apartment towers for CATL staff, including the “Cloud-Capped Pavilion” neighborhood where Zeng and his wife have a top-floor home. Copyright 2020 The Associated Press. At CATL’s forerunner company, Zeng helped Apple deliver long-life batteries for the MacBook Air. The supplier now sees an advantage in accelerating research on lower battery costs to help electric-powered cars achieve price parity with, and subsequently supplant, gas guzzlers.
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