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Stellantis-Leapmotor eSUV details revealed in sales license for China

Teslarati

Stellantis-Leapmotor C16 SUV details were leaked after the companies filed for a sales license with China’s Ministry of Industry and Information Technology (MIIT). Rumors hint that Leapmotor aims to release the C16 in Poland and Malaysia. billion in Leapmotor, acquiring 20% of the Chinese car maker.

China 71
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. With the current sales figures and the seductive future expectations, Southeast Asia has successfully attracted the attention of Chinese car companies.

Asia 97
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Nikkei: China boosts domestic rare earths quota by nearly 30%

Green Car Congress

China’s Ministry of Industry and Information Technology and Ministry of Natural Resources jointly announced that the production quota for the first half of this year will be 84,000 tons, a major jump from the 66,000 tons last year and the highest target to date for the first half. It announces a quota twice a year.

China 301
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Qiantu inks deal with Mullen to tap US market, K50 supercar to be rebranded as Mullen GT and GTRS

CN EV Post

Qiantu recently signed a strategic partnership agreement with Mullen Automotive to expand into the Americas, according to a press release from the Chinese startup today. On October 24, 2022, Qiantu and Appollen EV held a launch event in Malaysia to showcase and start pre-sales of the Qiantu K50, Qiantu K25, and Qiantu K20.

Market 78
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Who Really Invented the Thumb Drive?

Cars That Think

Somewhat less credibly, inventors in Malaysia and China have also claimed to be the first to come up with the thumb drive. Over the next 15 years, he rose to the rank of sales director, accumulating a wealth of experience in the electronics industry, including connections to a range of suppliers and customers.

Singapore 144
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Pensana plans $125M rare earth separation facility in England

Green Car Congress

The global rare earth market, driven by demand from industries including electric vehicles and offshore wind, is expected to increase five-fold by 2030 and the NdPr oxide price is forecast to increase at a CAGR of 4.8 - 9.9%, underpinning strong economics for the investment. China currently supplies 98% of Europe’s rare earth magnets.

Angola 345
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The Coming Boom in Rare Earths

Cars That Think

Because of their unique luminescent, electrochemical, and magnetocrystalline properties, rare-earth elements are essential to some of the most important and fastest-growing tech-based industries. That critical importance of rare-earths in so many tech industries is of mounting concern in many Western countries. First, how big is it?

Australia 115