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India stays No. 3 spot in global car sales but Japan fast closing the gap | Autocar Professional

Baua Electric

3 position, Japan made a resounding comeback in 2023, registering growth of 14% growth in 2023 as against India’s 8 percent. Japan ended the year a shade below 4 million units, whereas India sold 4.11 From the sizeable difference of 344,058 PVs in CY2022, Japan has reduced the gap with India sales to 115,929 units in CY2023.

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Comment on BYD catches up with Tesla in global BEV market share in Q3 by Midori Mayari

CN EV Post

And I'm not talking about US and Europe; rather, I'm talking about Latin America, Africa, the rest of Asia apart from China, Japan, and South Korea, and so on. And let's not forget that BYD's "invasion" of the foreign markets is just beginning. More so when Tesla uses BYD batteries outside the US.

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China is exporting so many EVs that it needs more ships – a lot more

Baua Electric

Chinese EV makers are looking to export electric vehicles by the tens of thousands around the globe, but they need a lot more car-carrying vessels to make that happen. By comparison, Japan tops the list with 284 ships, followed by Norway, which has 102. We expect to see new trade routes established almost exclusively for Chinese OEMs.”

China 52
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Slowing EV uptake may delay Panasonic’s EV battery expansion, says CEO – ET Auto

Baua Electric

Panasonic, whose energy unit makes batteries for Tesla , is closely watching its Chinese supply chain and battery material procurement following China’s move last year to tighten graphite export controls, Yuki Kusumi said. A slowdown in the take-up of electric vehicles in the U.S.

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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia.

China 52
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Efforts to decarbonize steel production are central to the net-zero aspirations of China, Japan, Korea and the European Union. The Chinese steel industry intends to focus first on increasing recycling and energy efficiency before adopting early-stage technologies like hydrogen and carbon capture.

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Saudis Expand Price War Downstream

Green Car Congress

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? However, one cannot easily neglect the Indian and Chinese refiners.