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LME copper prices at 9-year high

Green Car Congress

Total visible copper stocks (LME + COMEX + SHFE + Chinese bonded warehouses) amounted to just 560kt at the end of January, noted critical materials supply chain intelligence company Roskill—only 11kt more than the lowest recent stock level of 549kt in December 2019.

Price 399
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

With the pandemic spreading across the globe, strict lockdowns in key markets, combined with consumer panic and economic uncertainty, have all contributed to the huge decrease in sales last month. Registrations fell in all 27 markets, but with varying severity. This downward trend is not simply due to the restrictions of free movement.

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SAIC-GM-Wuling to Export Mini-Commercial Vehicles to South America, Middle East and North Africa

Green Car Congress

GM’s SAIC-GM-Wuling joint venture signed a framework agreement with GM’s former Latin America, Africa and Middle East operations and distribution agreements with individual countries to export and distribute two of its most popular mini-commercial vehicles from China to markets in South America, the Middle East and North Africa.