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Nikkei: China boosts domestic rare earths quota by nearly 30%

Green Car Congress

Although it is the world’s dominant producer of rare earths, China still imports the minerals from abroad—primarily from Myanmar, Malaysia and Vietnam. Imports accounted for 47,000 tons, or about a quarter, of China’s rare-earth market last year. It announces a quota twice a year.

China 301
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Wärtsilä enters into licence agreement with CSSC Guangzhou Marine Diesel Engine Co. Ltd for manufacture of Wärtsilä 2-stroke engines in China

Green Car Congress

GMD is based in the Panyu District, close to the major Chinese city of Guangzhou and the special administrative region of Hong Kong. Established in 2008, the company has advanced production, testing and workshop facilities making it a strong partner for Wärtsilä in targeting the Chinese shipbuilding market.

Mariner 186
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles.

Asia 97
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A Chinese solar maker being probed for skirting US tariffs will open a US trade-compliant factory

Electrek

Chinese solar maker Trina Solar today announced that it’s going to open a 6.5 gigawatt (GW) silicon solar wafer facility in Vietnam in mid-2023 to supply the US market – and the company also says it will be trade compliant.

Chinese 102
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Tesla Bear believes TSLA India market might be even bigger than China: report

Teslarati

Roth Capital analyst Craig Irwin, who has a $150 price target on TSLA, believes Tesla’s market potential in India might be bigger than the lead EV automaker’s market in China. “The entry into the Indian market I expect to be a big, big boost for [Tesla]. The Teslarati team would appreciate hearing from you.

India 144
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New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications.

Emissions 170
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

In 2020, the size of the market increased four times compared to 2016, reaching an estimated $118 billion. The decline has been driven by changing market dynamics in China, which accounted for 99% of global e-bus sales from 2016 to 2020. billion, Vietnam 89% higher at $7.4 Public markets and VC/PE. billion last year.

2020 259