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...JPMorgan forecasts that the world will need 108mn barrels of oil a day in 2030, and that building more wind, solar and electric vehicle capacity could add a further 2mn daily barrels to this total....
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...We have given our full co-operation.”...
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...That gives it more resources to catch up on electric offerings, with strong hybrid sales bridging the transition....
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...“This is likely an underestimate of demand,” said John Wilson, co-author of a report titled “The era of flat power growth is over”, adding that some utilities have publicly expressed higher demand expectations...
...Lorna Slater, the Greens co-leader, said “we have achieved more for people and [the] planet in the past 32 months than other parties have in decades”....
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...The other is made up of two European subsidiaries of the Chinese state-backed power company Shanghai Electric....
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...Paul Li, founder of Chinese electric vehicle parts supplier U-Power, claims working with the country’s EV sector, which is by far the world’s biggest, can mean foreign companies developing cars years faster...
...really have enough power....
...“There is a shift in power among the top five companies, which will probably continue,” said Nabila Popal, research director at IDC....
...“The portfolio power of Chinese-controlled brands is going to strengthen.” If Geely wants to go global, it needs to press ahead with its flotation strategy....
...and electric-vehicle manufacturers....
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
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...Michael Cross Co-Author, ‘The Green Edge’, Portsmouth, Hampshire, UK...
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