article thumbnail

LME copper prices at 9-year high

Green Car Congress

However, wire rod demand from the wire and cable industry as a whole is said to be tepid. Trade data on Chinese copper imports in January and February are not due to be released until 8 March. Anecdotal evidence suggests these may well be much lower than expected, Roskill said.

Price 399
article thumbnail

Copper output at Chile’s Codelco set to rise this year, CESCO says – ET Auto

Baua Electric

That goal appeared realistic, said Jorge Cantallopts, head of the Center for Copper and Mining Studies (CESCO) in Chile, the world’s top producer of the red metal. That goal appeared realistic, said Jorge Cantallopts, head of the Center for Copper and Mining Studies (CESCO) in Chile, the world’s top producer of the red metal.

Chile 52
article thumbnail

China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

The report also highlights that global copper supply may face disruptions due to issues in major producing countries like Chile , Peru, and Panama. In Chile, operational challenges and water supply issues are impacting mine production, while community actions in Peru are expected to affect mining investments and output negatively.

article thumbnail

BYD will sell EVs in Brazil

Teslarati

His program calls for industries focused on a green economy and the need to modernize the automotive industry with hybrids. EV sales for the first half of 2022 from Brazil, Chile, Colombia, Ecuador, Mexico, and Peru showed a growth that was driven by a number of factors, including government incentive programs and the cost of fuels.

Brazil 86
article thumbnail

JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. The industry is being impacted largely by the uncertainty for the future, and this issue started to arise even before the pandemic took hold.

Europe 261
article thumbnail

Scotia Economics report sees double-digit increase in global vehicle production in first half of 2011; China to surpass European vehicle output this year

Green Car Congress

In the report, Gomes noted that the auto industry will also add to economic growth in Latin America. Sales continue to advance in Brazil, Argentina, Chile and Peru, leading automakers to plan for an additional 13% increase in vehicle production over the coming year.

2011 199
article thumbnail

Ipsos study finds US among most skeptical of Autonomous Vehicles

Green Car Congress

The study was conducted as part of its What the Future series, which couples survey data and interviews with experts in the field to see what “big questions” companies should be asking themselves about the future of their industries. This issue of What the Future focuses on mobility, and if people are ready for the coming technology.