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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

New Delhi: China is expected to amplify its stimulus efforts next year, potentially boosting demand for metals, with copper consumption forecasted to rise, the Commodity Outlook Report 2024 by ICICIDirect said in a report.

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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Crude steel production in China also increased 6 per cent to 261.6 million tonne, according to Nikkei Asia.

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The Race to Plug-In Hybrids Is On

Green Cars News

A powerful roster of key industry players in the rapidly evolving electric vehicle arena will come together at Infocast’s Opportunities in Grid-Connected Mobility in San Francisco, California. A key goal of the Obama administration is to have one million ‘PHEVs’ or a fully electric vehicle on the road by 2015.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

policy shifts to favor battery-powered autos. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Honda, the world’s largest engine maker, set a goal ofleading the industry in hydrogen fuel cell autos. millionthis year from $211.9

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

Since the general auto market remained slumped, global EV market share increased nicely from 2.8% France’s auto industry is probably the largest Western auto industry that goes completely under the radar in the US. If Norway also had an auto or EV-battery industry, no country could catch it in the charts.

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