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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.

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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.

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

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CPCA expects China Apr NEV retail sales to fall 8.4% from Mar to about 500,000 units

CN EV Post

Last April, China's auto industry suffered disruption due to the Covid lockdown in Shanghai, with 1.04 In April, the price war in China's auto industry gradually receded and consumers returned to rational consumption, easing the wait-and-see sentiment, the CPCA said in the report today. million units, up 49.8

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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

Green Car Congress

It might be that we see quite a dramatic reduction in replacing the capacity and of course that will have an impact, eventually, on price.”. That will prevent any short-term price spike even if depletion surpasses new production. A sharp rise in oil prices would spur new investment and new drilling.

Oil 150
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Worldwatch Institute report finds global energy intensity increased in 2010 for second year in a row

Green Car Congress

Global energy intensity—defined as total energy consumption divided by gross world product—increased 1.35% in 2010, the second year of increases in the context of a broader trend of decline over the last 30 years, according to a new Vital Signs Online article from the Worldwatch Institute.

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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. The Pandemic COVID-19 is still pretty strong and fatal in certain regions of the world.

Market 52