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EIA: China is now the world’s largest net importer of petroleum and other liquid fuels

Green Car Congress

The rise in China’s net imports of petroleum and other liquids is driven by steady economic growth, with rapidly rising Chinese petroleum demand outpacing production growth. In the meantime, Chinese production will increase at a much lower rate (5% over this period) and is forecast to be only one-third of US production in 2014.

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XPeng Motors continues global expansion, announcing dealer partnerships in 5 new markets

Electrek

Chinese EV automaker XPeng Motors continues expanding its global partnerships list, announcing today five dealer networks in separate new markets to help sell its vehicles. In addition to recent plans to enter markets in Israel, XPeng will also sell EVs in the United Arab Emirates (UAE), Lebanon, and more markets in Europe this year.

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NIO begins online presence for its expansion to the UAE ahead of a market launch later this year

Electrek

Chinese EV automaker NIO is expanding its global presence, making headway in the United Arab Emirates (UAE) following a strategic partnership backed by the Abu Dhabi government. The automaker has gone live with an official website and social media page for its new UAE business division and has shared who will manage it.

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

Green Car Congress

The year also saw the largest single solar park ever funded, the 2GW Al Dhafrah in the United Arab Emirates, at a cost of $1.1 billion raised by Chinese battery maker Contemporary Amperex Technology, or CATL, $846 million from US fuel cell company Plug Power, and $777 million from Chinese PV manufacturer JA Solar Technology.

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Nio to unveil Onvo L60 to launch mass-market EV sub-brand

Teslarati

Chinese electric vehicle (EV) maker Nio is looking to unveil a new model this month under its mass-market brand, along with another, smaller model targeting a sub-$30,000 price tag for one expected to be unveiled next year. billion investment in December from a United Arab Emirates firm called CYVN Holdings.

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Zeekr introduced access into Saudi Arabia, UAE, Qatar, Bahrain

Baua Electric

These days, September 29, Geely’s Zeekr logo introduced its access into Saudi Arabia, the United Arab Emirates, Qatar, and Bahrain. In Shanghai, Zeekr signed commitments with the AW Rostamani Workforce of the United Arab Emirates, the Wallan Workforce of Saudi Arabia, the Blue Pond Motors of Qatar, and the Y.Okay.

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Nio garners $2.2 billion investment from UAE fund

Teslarati

Chinese electric vehicle (EV) manufacturer Nio has garnered a $2.2 billion investment from a firm backed by the United Arab Emirates, as it continues to push to introduce its EVs in additional markets.

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