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

Baua Electric

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. Compounding this are worries that Chinese producers with excess supply will ramp up exports, depressing prices globally.

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Argus: China’s Southern Rare Earth ups Tb, Ho, Gd, Dy prices; rising magnet demand

Green Car Congress

Chinese medium and heavy rare earths producer Southern Rare Earth has continued to raise its weekly prices for terbium, holmium, gadolinium and dysprosium, supported by a shortage of spot supplies and firmer magnet demand, according to Argus.

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China Forecast to Produce 12M Vehicles This year

Green Car Congress

Chinese domestic auto makers were expected to produce and sell more than 8 million units of vehicles in first eight months this year respectively, said Chen Bin, director of the Department of Industry under the NDRC. Sales of China’s domestically-made automobiles totaled 1.09 million units in July, up 63.57

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

Green Car Congress

The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. Boston-Power, Inc., GSR Ventures has offices in Beijing and Silicon Valley.

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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

Green Car Congress

The systems will be based on Boston-Power’s second-generation Swing 5300 cells, said Dr. Christina Lampe-Önnerud, Boston-Power’s Founder and International Chairman. The Chinese government is putting incentives in place to have the market grow. Multiple redundant safety features including CIDs, redundant vents, aluminum can.

Boston 265
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ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

Green Car Congress

ZAP chose the Jonway partnership in part because last year Jonway produced one of the first vehicles made in China to meet international standards of quality, including ISO 9000, China Compulsory Certification (CCC) and most recently passing certification for import to the European Union. Better World International, Ltd.,

China 186
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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. The E6 will hit the Chinese market later this year. The deal, which is awaiting final approval from the Chinese government, didnt get much notice at the time. EMAIL | PRINT | SHARE | RSS DIGG FACEBOOK DEL.ICIO.US

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