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

Baua Electric

Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. As the country ramps up its economic stimulus, imports of unwrought copper, copper products, and ores are projected to increase in anticipation of higher demand.

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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. Compounding this are worries that Chinese producers with excess supply will ramp up exports, depressing prices globally.

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Younger auto debtors falling additional in the back of

Baua Electric

“The surge in delinquencies coincides, perhaps not surprisingly, with a steep drop in new auto loans, particularly among borrowers with lower credit scores,” Hoenig wrote. The settingup of stimulus bills and debt forbearance techniques — specifically with pupil loans — stepped forward shopper credit score rankings, he stated.

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CPCA expects China Apr NEV retail sales to fall 8.4% from Mar to about 500,000 units

CN EV Post

Last April, China's auto industry suffered disruption due to the Covid lockdown in Shanghai, with 1.04 In April, the price war in China's auto industry gradually receded and consumers returned to rational consumption, easing the wait-and-see sentiment, the CPCA said in the report today. million units, up 49.8

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China EV industry sell-off creates opportunity, says Morgan Stanley

CN EV Post

Li Auto leads the pack with superior execution, but risk-reward increasingly favors XPeng and NIO after a drastic sell-off this year, Morgan Stanley said. As of Monday's close, NIO's (NYSE: NIO) US-traded ADR was down 10 percent this year, XPeng was down 8 percent, and Li Auto was up about 12 percent.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. The DB auto team counts at least 130 models in the global pipeline for 2012.

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This is How the COVID-19 Pandemic Affect The Global EV Market

Get Electric Vehicle

CO2-emission restrictions have a big impact on market conditions because they challenge automakers to make more fuel-efficient cars and the incentives from the state, such as buying price discounts and tax cuts, have a significant impact on market demand. A wide spectrum of EV vehicles is available in the market at affordable price ranges.

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