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CMU, Ford, Drexel study suggests Chinese more receptive to adopting BEVs than Americans, regardless of subsidies

Green Car Congress

Results from a study by a team from Carnegie Mellon University, Ford and Drexel University suggest that Chinese consumers are more receptive to adopting battery-electric vehicles (BEVs) than their American counterparts, regardless of subsidies. and choose the product they are most likely to buy.

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China Regulators Approve Acquisition of Australian Coal Company

Green Car Congress

The multi-billion-dollar deal is the largest approved for a Chinese firm to buy an Australia raw material provider, according to the Shanghai Daily News. The remaining Chinese regulatory consent is required from the China Securities Regulatory Commission (“CSRC”). Felix Resources Mine Locations. Source: Felix. Click to enlarge.

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Ford to invest $1.8B in R&D in China

Green Car Congress

billion) in research and development in China in recognition that Chinese consumers are increasingly driving global innovation. A survey commissioned by Ford found that 45% of Chinese drivers have used their phones, and 31% have sent text messages, while stuck in traffic. Ford Motor plans to invest RMB 11.4 billion (US$1.8

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Broad-Ocean Motor in strategic collaboration with Ballard; $28.3M investment, 9.9% ownership; initial order for 10,000 fuel cell vehicles

Green Car Congress

Broad-Ocean’s fourth business unit—EV Operations Platform—operates a commercial vehicle leasing business in China through which it buys new energy vehicles, including electric vehicles, and subsequently leases these buses and commercial vehicles. Ballard has granted Broad-Ocean anti-dilution rights to maintain its 9.9%

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Tesla’s biggest investor: it’s a family business masquerading as a public company

Baua Electric

The Indonesian-born Chinese American businessman is better known for founding SHI International Corp, a large private IT company that made him a billionaire. We first reported on KoGuan in 2021 when the little-known investor became the third largest individual shareholder in Tesla behind Elon Musk and Larry Ellison.

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Nippon Steel Set to Buy U.S. Steel, Union Dismayed

The Truth About Cars

Granted, massive companies can offer competitive pricing to consumers via economies of scale. Buying U.S. But the United States has also been getting muscled out of the steel industry by Chinese businesses that now dominate the market. Normally, such a deal would end up getting flagged by antitrust regulators.

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Opinion: Why Lithium Will See Another Price Spike This Fall

Green Car Congress

A previously defunct mine, Quebec Lithium, has recently seen interest from a Chinese operator. With the consistent long-term demand trajectory, two mines coming into operation provide a significant buying opportunity for those looking to enter the lithium market. Lithium Explorers in the Spotlight.

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