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...We can see the same now in electric vehicles. Their cost is one-third to one-half the cost of other electric vehicles....
...“A three-year extension — not less — to current rules of origin is indispensable to protecting the competitiveness of Europe’s electric vehicle manufacturing.”...
...Is the electric vehicle market starting to run flat?...
...electric-vehicle makers as demand slows....
...China has said it will rein in expansion of the country’s electric vehicle sector, as Beijing responds to western criticism of its industrial and trade policies that have contributed to a wave of Chinese...
...“There is a lot of restocking going on on [internal combustion engine] platforms, as carmakers are pivoting away from EVs” in western markets, he told the Financial Times....
...Western governments wanting to curb greenhouse gas emissions are encouraging greater use of electric vehicles to help achieve their aim....
...Crucially, too, most of the world’s EVs are made in China, so there won’t be an aggressive western lobby easing their way....
...“In order to retain market share western carmakers have to slash prices as well.”...
...For all three, Chinese mining firms have lifted production at a far more ferocious rate than expected, leaving western producers to close mines, cut production and slash expansion plans....
...His versatility was stylistic rather than tonal, reflecting his songs’ neat fusion of African and western pop....
...Only 3 per cent of the cars sold in Italy between January and October last year were fully electric, compared to an average in western Europe of 16 per cent, according to data from Schmidt Automotive....
...The role of the state in China is difficult to easily map on to transparently-codified norms in western economies....
...Yet recent price slumps in lithium, cobalt, nickel and graphite — all ingredients in electric vehicle batteries — have prompted western producers to shut mines, cut production and reduce expansion plans....
...“For western investors, they will still have to confront the challenges of investing in graphite.”...
...Indonesia’s low-cost nickel suppliers will wipe out rivals in the next few years, cementing the country as the world’s dominant producer of the metal vital to electric car batteries, the head of French miner...
...China’s entrants — from publicly listed BYD to state-owned Chery — plan to use new regional operations in places like Hungary and Mexico to enter western markets with cheaper electric models, securing their...
...is primarily based on the expectation that it will see an iPhone style consolidation of the auto market outside of China, with Tesla’s lead in EVs enabling dramatic share gains, especially as the legacy Western...
...The factory, which opened in March 2022, employs 12,500 people and produces 6,000 electric vehicles a week. But Tesla has ambitious plans to expand capacity from 500,000 cars a year to 1mn....
...As one senior executive at a global auto company told me, if the Chinese sell an EV that is just as good as a western car, but cheaper, that is one thing....
...A Shanghai flying taxi company says that China’s “low altitude” industry is edging ahead of western rivals, thanks to more supportive regulators, technological breakthroughs and cut-throat competition in...
...Chinese companies across the electric vehicle supply chain said lower costs and technological leadership would help them secure western deals despite geopolitical tensions and security concerns....
...Australia’s Wyloo Metals is shutting down nickel mines in Western Australia, while BHP has said it is considering the closure of some nickel operations....
...While many western manufacturers including Tesla, BMW and Renault make electric cars in China that they import to Europe, Chinese-branded EVs alone are set to account for 11 per cent of the EU’s electric...
...In particular, electric vehicle sales have cooled in China, the world’s largest market, and automakers warn of a “bloodbath” from discount wars on unprofitable electric models....
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