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China’s EV brands are coming to bury US automakers—or are they? – Charged EVs

Baua Electric

We EV pundits have been writing about the rise of the Chinese EV industry for years. In recent weeks, the mainstream press has picked up on the story—many articles describe the coming wave of Chinese exports in apocalyptic terms. A recent headline in the New York Times warned of a “wrecking ball” heading for Detroit.

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Accelerating green wheels: BYD’s EV lease deal with Arval will electrify Europe’s roads

Baua Electric

The Chinese EV automaker is quickly becoming a globally recognized name, recently garnering some serious clout after usurping long-time leader Tesla as the global EV leader by volume. The MoU follows a partnership already signed between both parties to bring BYD lease options to Brazil. Here we are, talking about BYD yet again.

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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

billion) into a financing facility to support exports. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick. In Chile, which trails Australia as the second-biggest producer of lithium, Chinese money is also dominant. Even in Canada, Chinese money has been crucial.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

Highlights of the renewables investment total included a leap of 56% in financings of offshore wind projects to $50 billion, including the largest deal ever in that sub-sector—$8.3 Biomass and waste-to-energy financings were down 3% at $10 billion. Spain was up 16% at $10 billion, Brazil up 23% at $8.7 billion, down 12%.

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Volkswagen Group to spend >$40B over next 5 years to develop electric mobility, autonomous driving, new mobility services and digitalization

Green Car Congress

The Volkswagen Group expects Brazil, China, Russia and North America to be the main growth drivers in the coming years. These companies finance the investments in the Chinese plants and products from their own resources. In 2016, the corresponding capex ratio stood at 6.9%.

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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

Liam Halligan, a columnist for the Telegraph, says “the real danger” of closer Russian-Chinese ties is not a bust-up between China and the US, which could threaten crucial shipping routes for China-bound coal and LNG, but its impact on the US dollar. “If However, the Chinese have a problem in their plans for the yuan.

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The Who, Where, and How of Regulating AI

Cars That Think

But China’s rule-makers have been moving the quickest to turn proposals into real rules, and countries including Brazil , Canada , and the United States are following behind. Next, in January 2023, the Chinese government issued early rules governing generative AI, and further draft rules were proposed in April 2023. and the U.K.

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