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global auto industry
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- 1GM warns on US market as carmakers flee Chinese competition●General Motors warns on US market as carmakers seek ‘safe haven’ from Chinese rivals
General Motors has issued a warning about the United States market as global carmakers look to the US as a 'safe haven' from intensifying competition with Chinese rivals. The remarks highlight growing concern in the auto industry that Chinese manufacturers, strengthened at home, could eventually target Western markets, putting pressure on established players like GM.
- 2CATL Unveils EV Battery With Six-Minute Charge and 1,000-km Range●TECHNOLOGY: China’s CATL Debuts EV Battery With Speedy Six-Minute Recharge and a 1,000-km Range
Chinese battery maker CATL has introduced a new electric vehicle battery it says can recharge in about six minutes and deliver a driving range of 1,000 kilometres. The announcement, if borne out in production vehicles, would address two of the biggest barriers to EV adoption: charging time and range anxiety. The claim is drawing attention across the global auto and energy sectors as manufacturers race to secure next-generation battery technology.