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

Baua Electric

Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. As the country ramps up its economic stimulus, imports of unwrought copper, copper products, and ores are projected to increase in anticipation of higher demand.

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BYD sells 18,220 EVs in China in November, up 128% year-on-year

Green Car Congress

Chinese automotive manufacturer BYD sold 18,220 pure-electric passenger vehicles in November, up by 22.1% China’s NEV industry was hit by the Covid-19 outbreak in this year’s first quarter. from a year earlier, according to data from China’s automotive manufacturers association. from October and by 127.8% from a year earlier.

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ABB launches first DC fast charger compliant with Chinese GB standard

Green Car Congress

ABB launched Terra 53 Z, its first high power DC fast charger that complies with the Chinese GB standard. The launch of the Terra 53 Z DC fast charger turns the Terra 53 series into the world’s first DC fast charging solution to offer specific types complying with the three global open charging standards: SAE Combo, CHAdeMo and China GB.

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Platts Report: China oil demand rises 2.9% in October from year ago, YTD up 2%

Green Car Congress

China’s apparent oil demand in October rose 2.9% million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data. The official data has also showed that China’s year-to-date import and export volumes between January and October are at a net balance. China’s oil product imports tumbled 22.2%

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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Crude steel production in China also increased 6 per cent to 261.6 Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. million tonne, according to Nikkei Asia.

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China EV industry sell-off creates opportunity, says Morgan Stanley

CN EV Post

Shares of major Chinese electric vehicle (EV) makers have generally suffered a sell-off so far this year, as the sector's weak sales at the start of the year and recent widespread price wars have raised investor concerns. For more articles, please visit CnEVPost.

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Study Finds Global CO2 Emissions Dropped 1.3% in 2009; Emissions in China and India Rose 9% and 6%

Green Car Congress

However, regional differences are “substantial&rdquo, with emissions in China and India increasing by 9 and 6 percent, respectively. “ In contrast to many other countries, China and India increased their emissions in 2009. China is now responsible for 24% of the global fossil emissions of CO 2. Resources.