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Farley: Chinese language automakers turning into EV ‘powerhouse’

Baua Electric

“We see the Chinese as the main competitor, not GM or Toyota,” Farley stated Thursday on the Morgan Stanley Sustainable Finance Zenith. ” China, the sector’s greatest auto marketplace, has one of the crucial perfect battery era and dominates EV manufacturing, Farley stated. .”

Chinese 52
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). China continues to defy easy classification. The US is in a race for global dominance in the new energy economy with China.

Financing 150
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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Russia and China Cozy Up. by Andrew Topf of Oilprice.com. Reign of the USD.

Russia 225
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Baker Institute expert suggests assumptions about oil’s influence on politics in the Middle East should be reversed

Green Car Congress

Oil helped finance their emergence from colonial rule and, at times, guided the placement of national borders to encompass known oilfields. Finally, in many MENA countries, government policies that made available low-priced fuel and electricity contributed to an ‘entitlement mentality’ among citizens toward cheap energy.

Oil 150
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ADB draft report says 3B Asians could become affluent by 2050; significant challenges

Green Car Congress

Fast-growing economies like the People’s Republic of China (PRC), India, Indonesia, and Viet Nam cannot afford to fall into the middle income trap when seeking to move from resource-driven growth that is dependent on cheap labor and capital to growth based on high productivity and innovation, the report cautions. Energy consumption.

Asia 186
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Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

Green Car Congress

During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap. In China alone, 500 million new vehicles can be expected to jam the roads between now and 2030. It really isn’t a fair fight.

Solar 150
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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

According to the study, historically, approximately one of every five vehicles sold is financed by home-value appreciation, a ratio that’s likely to decrease with the continuing stagnancy in home values. —with OEMs in China and India at 5.2%, while suppliers from China and India enjoyed an EBIT margin of 7.5%, the highest in the world.