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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

Expectations for increased demand for industrial materials were further dampened by the failure of the National People’s Congress in March to come up with a major real estate stimulus package. China’s crude steel production minus steel consumption in January-March was about 27.14

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China Car Sales Likely Hit New Record in April

Green Car Congress

Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 China unveiled a support package for the auto industry early this year, cutting purchase taxes for cars with small engine capacities and providing subsidies to rural purchasers. People’s Daily.

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Cummins Westport Inc. and Cummins India Ltd. Receive Order for 460 Natural Gas Engines

Green Car Congress

The Government of India unveiled a transport stimulus package on 3 February 2009 to provide central funding to purchase buses for urban transport systems. Approximately 60,000 auto rickshaws in New Delhi, India were required to convert to compressed natural gas (CNG) for fuel.

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Ricardo responds to electric drive stimulus package

Green Cars News

“Measures aimed at spurring innovations that will increase the electrification of road transportation, such as those announced today, are to be welcomed as extremely good news for the auto industry as well as for society. .

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Global auto industry receives $44 billion for greener cars

Green Cars News

The market for alternative fuel vehicles is being strongly supported economic stimulus packages and other government programs in at least 13 markets. The global automotive industry is receiving close to US$44 billion from governments around the world to develop alternative fuel technologies, analysts at Deloitte reveal.

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The Race to Plug-In Hybrids Is On

Green Cars News

The new administration’s stimulus package allots $2B for advanced batteries, $300M for federal and states fleets to buy new clean fuel vehicles and $7,500 tax rebate for PHEV, with yet more money in the Auto-Industry Re-tooling fund. No on has a lock on this future; everything is up for grabs.

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