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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

These little vehicles typically lack the aesthetic appeal of a Tesla, but they protect drivers from the elements better than a motorcycle, are faster than a bicycle or e-bike, are easy to park and charge, and, perhaps most endearing to emerging consumers, can be purchased for as little as $3,000 (and in some cases, less).

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Auto supplier Adient cuts jobs, transfers roles in Europe to shave costs – ET Auto

Baua Electric

European automakers face a trifecta of challenges: soft demand due to higher borrowing costs that discourage car purchases, fierce competition from Chinese rivals, and higher input costs squeezing their margins. The company’s sales suffered in the first quarter ended Dec.

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China’s JAC plans Aussie push with EV ute benchmarked against Rivian R1T

EV Central

To be distributed in Australia by independent BLK Auto, JAC has already commenced sales here with the N55EV electric van and will follow with the turbo diesel T9 Hunter dual cab ute in mid-2023. Specs obtained from JAC show it makes 150kW/290Nm, has a 77kWh CATL battery pack, a 300km WLTP range, an 11kW AC charging capability and 77kW on DC.

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Lamborghini Reaches Sales Milestone: Which 10 Countries Drove Up Sales in 2023?

The Truth About Cars

Worldwide Sales Distribution Lamborghini's 2023 sales distribution showcased a global appeal with a well-balanced spread across major regions. The EMEA (Europe, the Middle East, and Africa) region led the charge with a 14 percent growth, delivering 3,987 cars.

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Three perspectives on China’s EV industry (spoiler alert: legacy brands are toast) – Charged EVs

Baua Electric

Each reaches basically the same conclusion: the global non-Chinese automakers will never be able to catch up unless they radically change their corporate mindsets. Foreign brands gradually lost the cachet they once had with Chinese consumers. Total Chinese car exports grew from 1 million in 2020 to 5 million in 2023.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Novatek and its partners Total and Chinese National Petroleum Company still lack $15 billion of the $27 billion needed to finance the Yamal LNG plant. Also, the EU Commission in April charged Gazprom with violating the EU’s anti-trust laws for anti-competitive practices and unfair pricing in Central and Eastern Europe. Wary of U.S.

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

Baua Electric

Electric car sales in 2023 were 3.5 While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. However, sales remain limited elsewhere, even in countries with developed car markets such as Japan and India. In the European Union , sales amounted to 2.4