Peter Tom Jones’ Post

"Europe lacks an integrated mine-to-battery/EV value chain approach. In such an approach we optimize the entire supply chain, using a holistic & long-term view, combining economic, environmental and geopolitical perspectives. Instead, the various units of the complex industrial EV ecosystem (miners, refiners, pCAM plants, CAM plants, battery plants, e-motor manufacturers, EV assembly plants...) all make their own disconnected calculations and decisions. In the new post-neoliberal world order, this inevitably leads to an inferior approach when compared with the Chinese juggernaut that targets the success of the entire supply chain. A new European Commission needs to act soon, putting a holistic Green Industrial Deal in the center of its policy work." 👏 👏 👏 👏

Launching gigafactories in Europe, despite strong goverment and OEM support, is no bed of roses... ACC cancels gigafactories plans in Germany and Italy and reconsiders its technology choices (change from NMC to LFP): https://lnkd.in/e6M-VYhX Northvolt loses 2b$ contract from BMW due to delays and quality issues: https://lnkd.in/eePrs4Xz Probably more headwinds to come: #battery #gigafactories #electricvehicles

🔋 Electric Vehicles: A Strategic Sector Dominated by China? The shift toward electric mobility is now inevitable, yet one observation stands out: Europe appears to be lagging once again, with Chinese products occupying a significant portion of the electric vehicle (EV) market. 🌍 According to the recent analysis by Le Dessous des Cartes (ARTE, video with subtitles in English, German, Spain, Italian and Poland), several factors contribute to this situation: 1️⃣ Limited risk-taking and investment from European countries in the necessary technologies and infrastructure. While China has invested heavily in battery production for over a decade, Europe has not kept pace, hindered by cautious investment choices and a lack of proactive strategy. 2️⃣ The wait-and-see approach of European automakers, who hesitated to fully commit to electric vehicles, opting to rely on traditional combustion engines instead. This strategic delay has allowed Chinese manufacturers to consolidate their position, developing significant expertise and production capacity. Today, this dependence on Chinese products in such a critical sector raises important questions about Europe’s autonomy and competitiveness. 🤔 It’s time for European policymakers and industry leaders to take bold steps to drive innovation and strengthen the EV ecosystem on the continent. Massive investments in local battery production, support for startups in the sector, and a clear industrial policy are essential to secure technological independence and build a sustainable future. 💡🚗 #ElectricVehicles #EnergyTransition #AutomotiveIndustry #Innovation #Investment #China #Europe #TechnologicalSovereignty #Sustainability https://lnkd.in/dUzbfPd4

🚗 | CHINA NEV An excellent video discussing the current issues related to China and the NEV (New Energy Vehicle) market and its supply chain. Key Takeaways: - The EV fleet expanded from 3 million in 2017 to 26 million in 2022, making up 2% of all vehicles. - China leads the world with 14 million units, accounting for 60% of global EV sales. - China dominates battery production with 1.2 TWh, representing 75% of global capacity. - China produces 85% of the anodes and 70% of the cathodes used in battery production. - China has also secured its lead in extracting and processing lithium, cobalt, and nickel (used to manufacture batteries) Reminder: Back in 2018, all these objectives were clearly described in China's strategic plan "Made in China 2025"... PS: The video is from a well-known TV program known by all in France - I've been following it for more than 25 years! https://lnkd.in/gnc-FpWX

Mind Boggling Growth for EVs in China According to the IEA, 60% of cars sold in China in 2023 were EVs, and on average EVs in China are 14% cheaper than conventional vehicles (https://lnkd.in/g36cD62H). It does seem that once EVs hit price parity, their sales as percentage of total car sales increases materially. As one can see from the attached chart, in China EVs achieved price parity with conventional cars in 2020, which led to the percentage of EVs in total sales to rise from 4.9% in 2019 (https://lnkd.in/gUe_Y89R) to 60% last year! This is a whopping 12 folds increase in market share in 3 years! Based on the IEA’s latest estimates, EVs price parity globally is expected to be achieved in 2030. As of now, the market closest to parity is Germany with only 14% price premium for EVs, with all other markets still at 30% to 50% premium.   There is a growing fear in the US and European markets that EV sales are slowing, and that investing in EVs might be a misallocation of capital (https://lnkd.in/gviB4T_S). Countries like China and Norway have shown that a major and sustained leap from ICE to EVs is possible. Automakers dragging their feet on EVs will eventually lose the market to those investing in the future of transportation, namely, emissions free transportation. The Sustainable Investor had a good write up about this topic (sign up required: https://lnkd.in/gH6d-V9S) #EVs #climatechange #transporation #sustainability #IEA #esg

The China Association of Automobile Manufacturers (CAAM) released the latest data on the 10th of this month, revealing that from January to June this year, China’s automobile production and sales reached 13.891 million and 14.047 million units respectively, representing year-on-year increases of 4.9% and 6.1%. Read more: https://bit.ly/464dHET #ElectricVehicles #EV #ElectricCar #Tesla #Sustainability #Innovation #Technology #AutomotiveIndustry #CleanEnergy #RenewableEnergy #Transportation #ClimateChange #Mobility #AutonomousVehicles #EnergyStorage #evchargers #evchargerinstall #evcharging #ev #evcar #charging #electricvehiclecharging

I am not against incentives; cost of EVs to be same as ICEs by 2 years, says Nitin Gadkari Union Minister Nitin Gadkari clarified that he is not against providing incentives for any fuel technology. Speaking at the 64th ACMA Annual Session, he mentioned that even without subsidies, the cost of electric vehicles can match petrol and diesel vehicles within two years. He urged OEMs to offer diverse fuel options to capture market share. Read More at: https://lnkd.in/gMx9Jxt6 Nitin Gadkari ACMA India #ShubangiBhatia #UnionMinister #ACMASession #TalkEV #EVs #EVandFutureMobility #ETAuto 

Are Chinese electric vehicles a drag or driver for global markets? China has been a growth driver for Western OEMs for the last two decades, as it has taken advantage of its market size and unbounded desire for Western cars through joint ventures with local producers. However, the first signs of an inflection are now visible. A government program initiated a decade ago to promote China’s domestic automotive industry and electrification led to the emergence of new EV brands and increased domestic manufacturers’ desire to create their own brands and product portfolios. As a result, China became the largest global car exporter in 2023. We believe the internationalization of Chinese OEMs will soon accelerate. The question is whether this is an opportunity for global EV technologies and markets or just a threat for European/US incumbent manufacturers. We discuss here: https://lnkd.in/gvn_8hCT #EVs #electricvehicles #OEMs

Europe's car industry is shaking currently. Reasons are the competition on the EV market in China and the increasing competition from China globally. Our study builds on a global survey with 16.000 car and mobility service users worldwide. Are Chinese EV a threat to the industry or a driver for innovation and efficiency?

China’s automotive industry has reshaped the landscape, becoming the largest global car exporter in 2023. With advanced EV technology and government backing, Chinese OEMs are expanding quickly. Is this an opportunity or a challenge for established markets? For Türkiye’s automotive ecosystem, the entry of Chinese OEMs brings both potential and challenges. On one hand, increased competition could accelerate local innovation, emphasize value, and grow the EV market. On the other, it poses real challenges for incumbents, who must now navigate intensified price competition, brand perception shifts, and pressure to keep up with rapid technology advancements. This competition will test the adaptability of Türkiye’s automotive players as they respond to evolving consumer expectations. #EVs #ElectricVehicles #OEMs #TurkishAutomotive