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Nio garners $2.2 billion investment from UAE fund

Teslarati

billion investment from a firm backed by the United Arab Emirates, as it continues to push to introduce its EVs in additional markets. Nio’s investment comes from Abu Dhabi-backed firm CYVN Holdings, after the automaker also gained a $1 billion round of financing from the company in July, according to Financial Times.

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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

Green Car Congress

The first quote modifies a GEICO commercial describing a free-range chicken (If you’re a free range chicken, you roam free, that’s what you do), the second, the famous John Maynard Keynes quote about markets (The market can stay irrational longer than you can stay solvent), the third, another famous Keynes quote (In the long run, we’re all dead).

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. In other major export markets, demand is stagnant. is no longer a growth market for oil exporters.