“Todd pooled together $20 million from a mix of lenders, keen investors and his own savings and flew to China to meet with the chairman in a bid to launch #BYD in #Australia under a third-party distributorship.
He proposed that under a new company, #EVDirect, he would convert BYD cars from left-to right-hand drive in Australia using local engineering firms.
But the chairman had a different plan. Todd says BYD would eventually pour “10-times” the amount that Todd and his lenders had stumped up to *set up the company’s first right-hand-drive assembly line* in China to service #Australia and #NewZealand.
As part of the agreement, EVDirect was granted exclusive #DistributionRights. Under a #JointVenture with retail giant Eagers Automotive, known as EVDealer Group, BYD would sell more than 50,000 cars in Australia between February 2022 and July 2025 to the value of about $3 billion.”
The UK, French, USA all gave gave away the Australian car market.
#EV / #ElectricCars / #batteries < https://www.afr.com/companies/transport/built-in-52-seconds-how-byd-is-using-australia-to-capture-the-globe-20251104-p5n7qs> / <https://archive.md/tdRvV>
From #AnnafromUkraine @AnnafromUkraine@youtube.com
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LIPETSK STRATEGIC STRIKE: KEY WAR ENERGIA FACTORY ON FIRE Vlog 1280: War in Ukraine
Late in the evening on January 4, #Ukraine carried out a #drone attack on #Russia’s #PJSC #Energia in #Lipetsk, the country’s largest manufacturer of #batteries, including those used for #drones and #missiles, as well as batteries for #aviation and the #navy, according to #Astra and Ukrainian monitoring channels.
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It’s now about timing, coordination & flexibility. Our energy markets have reached a tipping point.
#renewables #solar #batteries #wind #policy #governamce #AusPol
"Battery electric cars will overtake diesels in Great Britain by 2030, analysis suggests"
The Japan Times
dorotaC
☮ ♥ ♬ 🧑💻
Jörg Honegger 
🇺🇦
BATTERY2LIFE Project
quackademic
Scientific Frontline
IEEE Spectrum
Primo Natura
Ellipsis... 🇨🇦