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US Senate panel expands probe into BMW use of parts from banned Chinese supplier – ET Auto

Baua Electric

The chair of the Senate Finance Committee said on Monday he was expanding its probe into German automaker BMW ‘s use of electronic components from a banned Chinese supplier. The report found Bourns Inc, a California-based auto supplier, had sourced components from JWD, which was added to the UFLPA Entity List in December.

Chinese 52
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Other than the good news on oil consumption, very little was said in regards to transportation fuels. by Bill Cooke.

Financing 150
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BMW imported 8,000 vehicles into US with parts from banned Chinese supplier says Senate report – ET Auto

Baua Electric

A report by Senate Finance Committee Chairman Ron Wyden’s staff said BMW imported 8,000 Mini Coopers with parts from a Chinese supplier banned under a 2021 law and that BMW continued to import products with the banned parts until at least April. .” Senate report released on Monday said.

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EV Battery Cell & Pack Prices Dropping At Surprising Rate

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According to Bloomberg New Energy Finance’s annual battery survey, annual battery pack prices fell 6% from 2020 to 2021. According to the Green Car Congress, the cells alone account for 82% of the entire cost of an EV battery pack. While all of this is good news, the study shows that prices may rise slightly.

Price 98
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. Arab News announced in the first paragraph of its report on Q2 Saudi economic performance that Q2 GDP grew 3.79 percent year-over-year, up from 2.3 percent growth in Q1.

Russia 150
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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

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Recent news coming out of Russia, however, suggests that the era of US dollar dominance could be coming to an end, due to increasing competition from the world''s second largest economy and primary consumer of commodities, China. The company was also seeking financing for a gas project in Russia despite Western sanctions. “It

Russia 225
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

Green Car Congress

The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236