For Today: Joint venture no longer required for electric carmakers in China, AeroVironment proving BMW and Mini-branded TurboCord EV chargers

Joint ventures no longer mandatory in China:  China will be making a huge change for automakers who want to build electric cars locally – setting up their own shops without having to forge a joint venture with a Chinese automaker. That will lower costs for companies like Tesla that have to pay steep tariffs to import their cars into China, and which choose to run their own factories similar to how they do it overseas. Foreign automakers will be able to go into free-trade zones to establish their factories. The country has 12 free-trade zones in Shanghai, Fujian, Guangdong, and Zhejiang. China will “actively implement the opening up of the new-energy manufacturing sector to foreigners, together with other departments under the direction of the State Council,” the nation’s Ministry of Commerce told Bloomberg. Other carmakers like General Motors, Ford, and Volkswagen, are tapping into JVs with Chinese makers to set up EV manufacturing subsidiaries.

LeEco using Faraday Future patents:  Parent company LeEco used some of Faraday Future’s electric vehicle design in LeEco’s LeSee electric car, according to patents filed with the U.S. government. A Faraday Future representative confirmed that two of its patents are being used in the development of LeEco’s electric car. The look and design will be used across the FF and LeSee brands. One patent will be used for the look of the exterior design and the other is for the steering wheel. The two companies have been quiet about their working relationship as parent company LeEco has gone through the wringer financially, including a failed $2 billion acquisition of Vizio. In July, FF walked away from its planned $1 billion factory in Nevada. The company has leased an existing factory in Hanford, Calif., as it seeks new investment funds.

AeroVironment working with BMW and Mini:  AeroVironment has been selected as the North American provider of BMW and Mini-branded TurboCord accessory electric vehicle chargers. The dual-voltage charger features a small and lightweight design with a convenient 20 ft. charging cord. That brings 120-volt and 240-volt charging to BMW and Mini electric cars. The TurboCord charger can be purchased with the EV at all North American BMW and Mini dealerships and online. It also integrates state-of-the-art safety features such as unit and plug temperature monitoring, automatic shut-off and a rugged, being waterproof, and submersible enclosure (NEMA 6p) that enables users to safely and reliably charge anywhere indoor and outdoor.

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