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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.
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.
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.
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.
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.
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.
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.
The region’s coal industry comprises China, India, Australia, Indonesia, Kazakhstan, Thailand, Vietnam and New Zealand. Gasification technology has become a critical tool in the expansion of the Chinese economy, allowing a wide variety of industrial products and fuels to be created from low-cost abundant coal resources.
With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? How will Saudi Arabia Capture Market Share Downstream? However, one cannot easily neglect the Indian and Chinese refiners. By offering almost 2.8 per barrel in first quarter of 2015).
Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley The top EV manufacturer forecasts for 2024 are hopeful. The Chinese automaker estimates account for some challenges BYD expects this year. The Chinese carmaker also slowed down construction plans for its EV factory in Vietnam.
Asia’s EV market is growing rapidly. Most people are aware of key players like Hyundai and Nissan, but there are so many other EV manufacturers that are taking over Asia—and possibly set to conquer the international market, including the U.S. VinFast VinFast is a Vietnam-based company that was established in 2017 by Vingroup.
A new low-cost electric car is rolling out to global markets, and it’s not from China. Vietnam’s VinFast officially launched its most affordable EV, the VF 3 , overseas as it expands its presence in the Philippines. Tran Mai Hoa, VinFast’s Deputy CEO of Sales and Marketing. The promo price was for the battery subscription model.
VinFast’s first 999 electric vehicles arrived in the United States from Vietnam yesterday as the automaker met its goal to enter the market by year’s end. market and begin implementing major changes that would help bring the company to North America permanently. VinFast’s goal for 2022 was to enter the U.S.
It wants to get into specialised welding solutions such as laser welding and special material welding technologies, catering to diverse industries and targeting the global market, and the extra space would come in handy. This international push hinges on a strategic foray into Vietnam, spearheaded by an order from Skoda.
These trends indicate that growth remains robust as electric car markets mature. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. However, sales remain limited elsewhere, even in countries with developed car markets such as Japan and India.
Leading EV maker BYD is quickly expanding overseas after dominating its home market. According to recent reports , BYD is pushing back plans for an additional factory in Vietnam amidst the expansion. Toyota’s sales are down over 24% in Thailand through February as EV makers like BYD continue stealing market share.
While demand remained largely concentrated in China, Europe, and the US, growth also picked up in some emerging markets such as Vietnam and Thailand, where electric cars accounted for 15% and 10%, respectively, of all cars sold. Rather than tapering off, the global EV revolution appears to be gearing up for a new phase of growth.
The United States government has pulled out massive tariffs in an attempt to prevent Chinese automakers from flooding the market with cheap vehicles, but the country’s industry has found loopholes that could help it get around those actions, including manufacturing vehicles in other countries.
Photo: Qcells The US has imposed new anti-dumping tariffs on solar panels imported from Southeast Asia, tightening restrictions on Chinese manufacturers accused of using these countries to avoid fair trade rules. Affected companies include Chinese-headquartered Jinko Solar and Trina Solar.
a Chinese synthesis gas supplier, for the production of certain feedstocks used in the TCX process. Celanese on the projected ethanol cost curve in China, based on its internal management estimates, available public information and recent market raw material prices. Earlier post.). Source: Celanese. Click to enlarge.
So it’s a good, strong market now, and it’s one that appears to have healthy legs under it. So China was able to stand up a very strong processing industry relatively quickly, and that’s how they got the jump on the market. It’s kind of vague, but the upshot is that at the moment, Vietnam has more or less shut down those aspirations.
federal agents arrested three of the companys top executives , charging them with passing off Chinese-made magnets as locally produced and giving confidential U.S. military data to Chinese agencies. And the 15 percent that was not made in China was made in Japan, primarily, or in Vietnam. However, 11 months later, U.S.
The Trump Administrations new 25% tariffs on goods from Canada and Mexico are larger than the 10% additional tariffs on Chinese goods, but the latter will have the biggest impact on the electric bicycle industry in the US. Tariffs placed on Chinese goods, including electric bikes, are not a new phenomenon.
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