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Philippines Gets its First Electric Light Truck From Chinese Truckmaker Foton

CleanTechnica EVs

The first light electric truck in the Philippines formally went on sale last week after being introduced at a truck show last month. The Foton Tornado EV 4×2, designed specifically for the hot and humid conditions in Asia, as well as the flooded streets during the rainy months, is priced at P3.6M (~$66,200). The price […]

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MAN propane-fueled ME-LGIP to power Chinese VLGC

Green Car Congress

Jiangnan Shipyard, owned by China State Shipbuilding Corp (CSSC), has ordered an LPG (liquefied propane gas)-burning MAN B&W 6G60ME-LGIP engine in connection with the building of an 86,000-m 3 VLGC (Very Large Gas Carrier) for Tianjin Southwest Maritime (TSM), the Chinese shipping company. HFO-burning engines to 6G60ME-C9.5-LGIP

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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

Green Car Congress

As nickel is used in the production of EV batteries, any sanctions placed on Russian nickel will cause EV manufacturing prices to increase further, threatening adoption and decarbonization. The evolving situation in Russia and Ukraine has already caused unprecedented increases in the price of nickel.

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Saudis Expand Price War Downstream

Green Car Congress

The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil. In case of Saudi Arabia, the price of crude oil would be extremely low. Is Saudi Arabia likely to win a potential price war against Asian producers of diesel? By offering almost 2.8 In fact, at $5.60

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Thousands of Tesla Model 3 and Model Y spotted ready for export in Shanghai

Teslarati

The demand for Model 3 and Model Y vehicles is outstanding, considering both cars are still priced as premium vehicles. Elon Musk has mentioned in the past that Tesla China tends to focus on exports in the first half of the quarter before focusing its output on the domestic Chinese market in the latter half. .

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. As the market matures, the industry is entering a phase marked by increased price competition and consolidation. As in many other countries in the region, foreign carmakers – especially Chinese – are increasingly entering the market.