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China EV industry sell-off creates opportunity, says Morgan Stanley

CN EV Post

Hsiao's team believes that significant margin pressure from price wars will fuel market concerns about industry profitability and cash flow, especially among new energy vehicle (NEV) heavyweights, namely BYD and Tesla China, which can afford to initiate another round of price cuts in the second quarter.

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When Will EVs Hit Primetime?

Revenge of the Electric Car

This Christian Science Monitor article takes an in-depth look at an age. Read more in the article: Can electric cars break out of niche status in US, China market? Quote from the article: “Investors, too, are excited. Here is the full text of the article, in case the link goes bad: [link]. percent of $1.9

China 133
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Can green cars solve automotive crisis? The Green Piece

Green Cars News

Late last week it raised its full-year profit forecast on the hope that green stimulus efforts around the world will push consumers to offload older vehicles in favour of newer, more eco-friendly alternatives. Honda too has pinned its recovery hopes on green cars, pushing both hybrid and hydrogen fuel cell technology. Why the race is on.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

But that’s nothing compared to what Germany — who, to my recollection, wins its first-ever Top EV Country medal — did last year… Coming out of the first Covid lockdown, most Western European countries passed some version of a “mini green new deal” in their stimulus packages. In South America BYD seems the only E-bus act in town.

2020 52
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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

In this article, we will review the facts and explain our thoughts on where we believe EVs are headed. Chinese car producer BYD even recorded a 337.25% increase in March sales amongst its fully electric and hybrid car models. EVs were experiencing rapid growth before the COVID-19 outbreak.

Economy 52