article thumbnail

China EV industry sell-off creates opportunity, says Morgan Stanley

CN EV Post

Hsiao's team believes that significant margin pressure from price wars will fuel market concerns about industry profitability and cash flow, especially among new energy vehicle (NEV) heavyweights, namely BYD and Tesla China, which can afford to initiate another round of price cuts in the second quarter.

article thumbnail

Study Finds Global CO2 Emissions Dropped 1.3% in 2009; Emissions in China and India Rose 9% and 6%

Green Car Congress

When China invests in roads or buildings, this causes large emissions, as industries like cement and steel industries are very emission intensive ”, Peters said. Due to large exports, China doesn’t only benefit from its own stimulus package, but also from stimulus packages in other countries ”, said Peters. Resources.

article thumbnail

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

China 218
article thumbnail

IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

The China policy response to assist the commercial-vehicle industry has been broad, with a variety of direct and indirect supports announced, locally and nationally. The local industry is already recovering, with commercial vehicle plants re-opened. The local industry is already recovering, with commercial vehicle plants re-opened.

2020 191
article thumbnail

Worldwatch Institute report finds global energy intensity increased in 2010 for second year in a row

Green Car Congress

With both population and consumption growing worldwide, the capacity of the world’s economy to require less energy for each unit of output has been a rare positive trend for the environment. The most dramatic declines in industrial countries have occurred in the United States and Germany.

2010 246
article thumbnail

The Summit On Clean Tech Law & The New Energy Policy

Creative Greenius

Governments, industries facing mandates and regulation, and others are working under deadline pressure and fear to develop alternative, renewable energy replacements for traditional fossil fuels. Stimulus Package allocated for renewables? How can CleanTech companies access the close to $80 billion in the Federal.

Clean 199
article thumbnail

This is How the COVID-19 Pandemic Affect The Global EV Market

Get Electric Vehicle

The COVID-19 control measures and the economical crisis that followed took a massive toll on the global automotive and manufacturing industries. Maintaining the proper supplier network became very difficult and led to ambiguity in the industry. Nurturing environment and related infrastructure. The short distance market.

Market 52