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NIO Capital invests in Chinese SiC chip maker

CN EV Post

Image credit: NIO Capital) NIO Capital has invested in a local Chinese silicon carbide (SiC) chip maker as it continues to expand its investments in the new energy vehicle (NEV) industry chain. For more articles, please visit CnEVPost.

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Polestar takes $1.6 billion loan to achieve growth targets

Teslarati

Polestar announced today it received financing from two major shareholders, totaling $1.6 As previously announced, the Scandinavian brand will use a pre-existing Volvo Cars manufacturing facility in South Carolina to build their upcoming Polestar 3. No financing deals have been reported with the bank yet.

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Financially troubled Enovate reportedly close to getting life-saving money

CN EV Post

Image from Enovate's Weibo) Enovate Motors, the Chinese new energy vehicle (NEV) startup that announced late last year that it would build a production base in Saudi Arabia, is actually facing financial woes in its home market. Enovate has closed eight financing rounds totaling more than RMB 11.5

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Car battery maker ACC halts plant construction in Germany, Italy – ET Auto

Baua Electric

The new ACC sites are among dozens of battery projects emerging in Europe as it seeks to reduce reliance on Chinese producers that dominate the market. billion) in financing to build out its capacity, for a total of 13 production lines. In February, the company said it had secured 4.4 billion euros (USD 4.8

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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. If rich democracies wanted to build a clean-energy industry free of Beijing’s influence, they should have had their checkbooks out when miners and processors were starved of cash during the 2010s. Even in Canada, Chinese money has been crucial. Take Albemarle Corp.,

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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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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 naval power, the Chinese, for example, prefer pipeline natural gas supplies over seaborne LNG supplies.

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