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Geely raises $400M via Green Bonds sale to develop and produce TX5 range-extended electric London taxis

Green Car Congress

China’s Zhejiang Geely Holding Group (ZGH) has raised $400 million through the first Green Bond sale on the offshore market from a Chinese automobile company to support the design, development and production of range-extended electric vehicles by its UK subsidiary, the LondonTaxi Company (LTC), manufacturer of the iconic London Black Cab.

London 170
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

How Electrifying Transport and Chinese Investment are Playing Out in Indonesia —focuses on nickel as a critical mineral, but has implications for the broader minerals and materials supply chains needed for broad-scale energy transition. Global Nickel Trade and Chinese Dominance. The detailed report— Need Nickel?

China 416
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BYD had its slowest profit growth in two years in Q4

Teslarati

Chinese automotive giant and electric vehicle (EV) maker BYD posted its 2023 earnings results this week, with the company reporting its slowest quarterly growth rate in almost two years. auto industry BYD’s full-year 2023 net profit increased by 80.7 In its full-year 2023 earnings report shared on Tuesday, BYD posted an 18.6

BYD 104
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The U.S.-China Chip Ban, Explained

Cars That Think

Commerce Department issued new rules that clamped down on the export of certain advanced chips—which have military or AI applications—to Chinese customers. actions’ will be the last fighting word in an industry that is becoming more geopolitically sensitive by the day. has blocked chip sales to individual Chinese customers.

China 88
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Tsinghua researchers conclude surging lithium price will not impede EV boom

Green Car Congress

From December 2020 to April 2022, the Chinese spot market has seen a price increase by 830% for lithium carbonate, 100% for cobalt sulfate, and 60% for nickel sulfate, with their per-ton prices rising to $73,000, $18,000, and $7,000, respectively. —Sun et al.

Price 199
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Oil companies “break the circle”! Total Energy to build tens of thousands of charging piles in China

Setec Powerr

When “replacing oil with electricity” has become a trend, the transportation industry has maintained the era of fuel oil for hundreds of years, but it is also undergoing subversive changes. In 2020, Total Energy acquired the largest electric vehicle charging company in London and has mastered many local charging pile resources.

Oil 98
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Roskill: automotive batteries and stainless steel to drive nickel demand

Green Car Congress

Therefore, the increasing electrification of the automotive industry will represent a new demand stream for nickel. This will give demand for nickel in the battery industry a double-boost. In recent years, Chinese producers have been investing heavily in nickel pig iron (NPI) plants in Indonesia.

Indonesia 170