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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. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick. In Chile, which trails Australia as the second-biggest producer of lithium, Chinese money is also dominant. Even in Canada, Chinese money has been crucial.

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Accelerating green wheels: BYD’s EV lease deal with Arval will electrify Europe’s roads

Baua Electric

The Chinese EV automaker is quickly becoming a globally recognized name, recently garnering some serious clout after usurping long-time leader Tesla as the global EV leader by volume. The MoU follows a partnership already signed between both parties to bring BYD lease options to Brazil. Here we are, talking about BYD yet again.

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Volkswagen Group to spend >$40B over next 5 years to develop electric mobility, autonomous driving, new mobility services and digitalization

Green Car Congress

The Volkswagen Group expects Brazil, China, Russia and North America to be the main growth drivers in the coming years. These companies finance the investments in the Chinese plants and products from their own resources. In 2016, the corresponding capex ratio stood at 6.9%.

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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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The Who, Where, and How of Regulating AI

Cars That Think

But China’s rule-makers have been moving the quickest to turn proposals into real rules, and countries including Brazil , Canada , and the United States are following behind. Next, in January 2023, the Chinese government issued early rules governing generative AI, and further draft rules were proposed in April 2023. and the U.K.

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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

The delivery figures also include the vehicles sold by the Chinese joint ventures. The business of the Chinese joint ventures is not included in the Group’s sales revenue and operating profit, however. The share of operating profit attributable to the Chinese joint ventures in 2015 remained at approximately €5.2 Hong Kong), 3.4%

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TMO Closes £11M Funding Round for Cellulosic Ethanol Technology; Targeting US Entry With Novel Thermophilic Bacterium

Green Car Congress

UK-based TMO Renewables Ltd, the developer of a novel thermophilic bacterium and process for converting biomass into fuel ethanol ( earlier post ), completed an £11 million (US$18 million) financing round from a range of institutional shareholders and private investors.

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