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World’s largest solar panel maker to slash thousands of jobs

Baua Electric

The company released a statement that said, due to fierce competition, “In order to adapt to market changes and improve organizational efficiency, Longi is optimizing our workforce.” Cheap Chinese solar panels are also making it hard for European and US solar panel makers to compete. The US added a record-setting 32.4

Solar 52
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Analysis: What’s the Best Way to Market EVs?

Clean Fleet Report

I’ve always wondered how Harley would market its silent motorcycles. LiveWire motorcycles are not really Harleys, the thought goes, although they will share engineering, production facilities, a supply chain and global logistics. Five Ways To Market EVs. market; many other options await in Europe and Asia.

Market 70
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Volvo makes its last diesel car and puts it in a museum

Baua Electric

Between 2012 and 2016, diesel accounted for half of the company’s global sales. Electrek’s Take It’s good to see the end stages for diesel, which peaked in 2015, some 30 years after it first achieved a double-digit share of the European market. In the US, diesel never had the same traction, due the abundance of cheap gas.

Volvo 52
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Facebook Steps Toward Cryptocurrencies

Cars That Think

Promotional material and comments from head of Facebook Financial (F2) David Marcus suggest the pilot is focussed on muscling into the lucrative remittance market. It also represents a massive market, says Broadbent—Insider Intelligence forecasts worldwide remittances will be worth $661 billion this year.

Guatemala 122
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Who Really Invented the Thumb Drive?

Cars That Think

Personal computers in the late 1980s began incorporating CD-ROM drives, but initially these could read only from prerecorded disks and could not store user-generated data. Computer users badly needed a cheap, high-capacity, reliable, portable storage device. Flash memory became cheap and robust enough for consumer use by 1995.

Singapore 145
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Tips: How to Make Money from Your Old Car

Clean Fleet Report

It can be your express ticket for quick cash, as there’s always a market for a used car, whether it’s running or otherwise. The global market for used vehicles stood at $1.323 billion in 2019, with a projected growth rate of 5.5 You’ll be surprised how much your old car is worth even if it’s not running.

Cars 62
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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. The report was released on the opening day of KPMG’s global “Business Perspective on Sustainable Growth: Preparing for Rio+20” summit occurring this week in New York.