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Lithium race: CATL aims to beat Tesla’s Gigafactory by 2020

Tesla received over 400,000 reservations for the Model 3, an electric car that no customer has seen; and the Model 3 will rely on lower battery costs from its Gigafactory. The mass production of Tesla’s lower cost Model 3 has awakened traditional carmakers to the necessity of electrifying their powertrains,

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Impact of wholly-foreign-owned companies in free trade zones

A new State Council regulation released in July allows foreign companies to set up wholly-owned enterprises in pilot free trade zones (PFTZ). These companies include manufacturers of Controller Area Network (CAN) BUS system, electric power steering system, ECUs and battery cells with energy density larger than 110 Wh/kg and a

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