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

Baua Electric

Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. As the country ramps up its economic stimulus, imports of unwrought copper, copper products, and ores are projected to increase in anticipation of higher demand.

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Chrysler Disbands ENVI Electric Vehicle Group; Function Absorbed into Traditional Line Organization

Green Car Congress

Reuters reports that Chrysler has disbanded its ENVI team, formed in 2007 to bring electric-drive vehicles and related advanced-propulsion technologies to market. In April 2009, Chrysler unveiled four all-electric Chrysler Town & Country minivan concepts to the US Postal Service (USPS) in Washington, DC. Earlier post.)

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

CN EV Post

Li Auto leads the pack with superior execution, but risk-reward increasingly favors XPeng and NIO after a drastic sell-off this year, Morgan Stanley said. As of Monday's close, NIO's (NYSE: NIO) US-traded ADR was down 10 percent this year, XPeng was down 8 percent, and Li Auto was up about 12 percent.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

In Italy, data from the Italian Foreign Car Maker Association highlights that car registration for gas and diesel-powered vehicles fell by 97.5% last month, but battery electric vehicle sales decreased by only 58.1%. auto market, are currently suing the federal government to be able to set their own emission standards.

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Ricardo responds to electric drive stimulus package

Green Cars News

Ricardo, one of the leaders in the development of electric and hybrid vehicles, has welcomed President Obama’s announcement of $2.4billion in grants to accelerate the manufacturing and deployment of the next generation of US batteries and electric vehicles.

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Goodbye GM, Hello Tianjin-Qingyuan Electric Vehicle Company?

Plugs and Cars

I write a monthly column for the Electric Auto Association newsletter, Current EVents. And these days a billion dollars is barely a rounding error in the money going to prop up the American auto industry. Here's my April column. GM CEO Rick Waggoner was pushed out and the company got sixty days to get its act together.

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Why we’re launching our EV Climate Loan during the COVID recession

EV Life

.” – “Gas prices are going to kill electric car sales.” – “Don’t expect a green stimulus as long as Trump is President.”. The home mortgage and the auto loan were invented to restart the economy in the Great Depression of the 1930s by breaking costs into payments that most people could afford.

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