article thumbnail

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.

article thumbnail

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. Prices for 99.5% The range for 99.5%

Price 170
article thumbnail

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. The price decline indicates a deterioration in the local steel market, reported Nikkei Asia.

Chinese 40
article thumbnail

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.

article thumbnail

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. He also believes that sub-1.6L CAGR from 2012 through 2020 to about $250/kWh.

article thumbnail

When Will EVs Hit Primetime?

Revenge of the Electric Car

Yet in the United States and China, automakers’ caution, weak price. Yet in the United States and China, automakers’ caution, weak price incentives, and concerns over the electrical grid are slowing the electric car’s introduction. Still, Chinese auto-makers hesitate to mass-market their electric models domestically.

China 133
article thumbnail

Tesla stock: Morgan Stanley pumps the brakes and lowers PT ahead of earnings

Teslarati

Analysts at Morgan Stanley pumped the brakes on Tesla stock by lowering its price target ahead of the automaker’s Earnings Call late this week. Price Cuts Tesla is still working on pricing stability , which improved greatly throughout 2023 but still offered some concern for investors. Morgan Stanley is one of them.