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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts.

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Moscow plans to buy 500 more electric buses in 2022

Green Car Congress

Moscow, Russia, currently runs 1000 electric public electric buses on 66 bus routes, giving it the distinction of operating the largest e-bus fleet in Europe and America. Today nearly half of the Moscow e-bus fleet has been financed by green bonds. Electric buses were launched in the Moscow in 2018.

Buy 273
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The Saudi Dilemma: To Cut Or Not To Cut

Green Car Congress

million barrels daily, including from Russia, to reverse the free fall of oil prices. On the other hand, Saudi Arabia could start cutting, but it will need to convince all other OPEC members to join the cuts and, more importantly, Russia. It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8

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Tesla stops sale of bonds backed by vehicle leases as market maintains unpredictability

Teslarati

Inflation, which CEO Elon Musk hinted would increase vehicle prices, along with the uncertainty of Russia’s war with Ukraine , has sent short-term interest rates through the rough in the past several weeks. Some issuers are pausing financing plans until market conditions have stabilized.

Market 131
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FCA proposes 50:50 merger with Groupe Renault

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Groupe Renault has a strong presence across Europe, Russia, Africa and Middle East, while FCA is uniquely positioned in the high margin segments in North America and is a market leader in Latin America. Groupe Renault also has a well-established and profitable financing business (RCI Banque).

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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

As part of the planning round for 2018 to 2022, the Group has also optimized its plant and workforce assignment. From the end of 2018, the entire Passat family will be concentrated at the Emden site. The Volkswagen Group expects Brazil, China, Russia and North America to be the main growth drivers in the coming years.

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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Looking across the full year, IHS Markit is expecting a 21% decline over 2019 production volumes due to a combination of factors including COVID-19, but also the natural weakening in truck demand following unusually strong sales in 2018-19.

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