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...[it] won’t be as easy as making EVs or mobile phones”, especially when the C919 is still heavily dependent on foreign suppliers, he added....
...“I don’t think we are just trying to frighten others with the cheapest price, this is not something we want to do,” said Zhang. “We just want to bring good products with a good brand.”...
...“He’s all about what is the lowest-risk, highest-reward path and I don’t know why the market hasn’t figured that out.”...
...Whether that is Indonesia, India or Oceania, I don’t know,” said Atsushi Yoshida, an analyst at Mizuho. Wakatsui said that the push into India is “not about diversifying away from China”....
...“You can empower fab workers more as long as they are that highly skilled, but you can’t have that in the US,” Patel says....
...I don’t know half a year or a year later what could happen to the industry.”...
...These numbers aren’t the whole story, however. Firstly, approximately 30% of the Global and North American totals are made up of ‘dry powder’, i.e. undrawn capital commitments....
...“We don’t have 22 screens, we don’t have electric seats, and [this approach] resonates more and more, because some people are saying: don’t spend your money on useless things....
...“They don’t have a strong strategy internationally or in China, they have too many overlapping brands that just don’t make sense,” he said....
...In December, fewer than 80,000 e-scooters were sold....
...The one thing they are aligned on is that you can’t just leave the situation as it is.”...
...From inception, the investment firm had a secret weapon: the Wallenberg family, a low-key Swedish industrial powerhouse that owns large stakes in companies ranging from AstraZeneca to Siemens....
...Inspired by China’s rising electric mobility, Gupta convinced his wife Rashi Agarwal, who ran a fashion business, to help him co-found Zypp Electric in 2017....
...“Taiwan tried hard to get the submarine technology from the US and Germany but they couldn’t get it, so they approached Korean engineers instead,” said Cho Hyeon-gyu, head of the China centre at the Korea...
...In Brussels, fears of a wave of Chinese-made cars have led the European commission to probe Beijing’s industrial support as well as boost its own local subsidies....
...“We mustn’t be surprised to see people reject environmentalist causes after this.”...
...“The narrative has taken over that EVs aren’t growing,” Ford chief financial officer John Lawler said this week. “They’re growing . . ....
...“It isn’t just ‘the mighty Chinese making great profits at home, and now they’re stepping into the US market’,” says Dunne, the consultant. “They understand that sitting back in China is not an option....
...Drink the finest wines known to humanity, bore each other to death with Richard E Grant quotes....
...The elephant in the room was the enormous demands these pledges will make on already scarce metals with valuable industrial uses that gold simply doesn’t have....
...“We believe Soho House & Co is a zero,” the short seller wrote in a report released this week where it disclosed a bet against the business....
...“I don’t know how the regulators will see this, but I label [the company] as a global operation,” he said. Additional reporting by William Langley in Hong Kong...
...Reintke, 36, who grew up in the industrial Ruhr valley in Germany, says social justice is as important as the environment....
...“If you don’t have any e-fuels, you will never fix the current fleet.”...
...“Countries like the Philippines and Vietnam may not be able to buy a [US-made] F-35 fighter jet, because the US wouldn’t allow it,” the western defence official added....
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