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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

New Delhi: China is expected to amplify its stimulus efforts next year, potentially boosting demand for metals, with copper consumption forecasted to rise, the Commodity Outlook Report 2024 by ICICIDirect said in a report.

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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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CPCA expects China Apr NEV retail sales to fall 8.4% from Mar to about 500,000 units

CN EV Post

Last April, China's auto industry suffered disruption due to the Covid lockdown in Shanghai, with 1.04 In April, the price war in China's auto industry gradually receded and consumers returned to rational consumption, easing the wait-and-see sentiment, the CPCA said in the report today. For more articles, please visit CnEVPost.

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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Crude steel production in China also increased 6 per cent to 261.6 million tonne, according to Nikkei Asia.

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How NI plans to innovate in the EV test and measurement industry and unlock the power of data

Charged EVs

NI’s CEO reports an industry-wide recognition that test data is an underutilized asset and many systems need to be rebuilt to take better advantage of very rich data sets. Q&A with NI CEO Eric Starkloff (Full interview) The sense of urgency in the auto industry is palpable as it undergoes the transition to EVs.

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Study Finds Global CO2 Emissions Dropped 1.3% in 2009; Emissions in China and India Rose 9% and 6%

Green Car Congress

This is not unexpected ”, said Gunnar Myhre, senior research fellow at CICERO and one of the scientists behind the article. When China invests in roads or buildings, this causes large emissions, as industries like cement and steel industries are very emission intensive ”, Peters said. China also has a large export sector.

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

As Spectrum reported in the months since this story originally posted, the broken supply chains caused by the chip shortage have practically rewired whole segments of the tech industry. considered getting into the chip-stimulus game as well. The auto industry is a relatively small chip end-user, but it’s growing fast.