German Chancellor Olaf Scholz instructed Chinese officials to promote free
China's state planner expects an intensified price war among automakers of electric cars and plug-in hybrids this year because of overhanging supply, among other issues, the government body said in a statement on Monday. The National Development and Reform Commission (NDRC) expected more than 110 new energy vehicle models among a total of 150 new cars launched this year, intensifying competition. NDRC also estimated the market demand for new energy vehicles, including EVs and plug-in hybrids, to...
The U.S.-China rivalry has a new flashpoint in the battle for technology supremacy: electric cars. So far, the U.S. is losing. Last year, China became the world’s foremost auto exporter, according to the China Passenger Car Assn., surpassing Japan with more than 5 million sales overseas. New energy vehicles accounted for about 25% of those exports, and more than half of those were created by Chinese brands, a shift from the traditional assembly role China has played for foreign automakers. “The...
Congressional Republicans are calling on President Joe Biden to abandon plans for a pandemic treaty that would strengthen the World Health Organization, citing that global Read More
China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. BNEF estimates to global battery-cell demand for both EVs and energy storage came in at around 950 gigawatt-hours in 2023—but manufacturing capacity was more than twice that, at around 2,600 gigawatt-hours
German Chancellor Olaf Scholz instructed Chinese officials to promote free trade and equal business opportunities, one week after the US Treasury Secretary pressed Beijing on the same trade issues.
Global Global Data Center UPS Market Global Global Data Center UPS Market Dublin, April 22, 2024 (GLOBE NEWSWIRE) -- The "Global Data Center UPS Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering.The global data centre UPS market is projected to grow at a CAGR of 9.57%, reaching a market size of US$6.015 billion in 2029, from US$3.172 billion in 2022.Any power failure can cause a devastating impact on mission-critical computers, data, and...
Rooftop solar panel systems are expensive. But you don't need one to get your energy from the sun. Here's how to know if community solar is right for you.
JPMorgan has warned of a downside risk in crypto markets, citing subdued crypto venture capital flows. The global investment bank’s analysts also remain cautious about the U.S. Securities and Exchange Commission (SEC) greenlighting spot ethereum exchange-traded funds (ETFs) in May. Crypto Market’s Downside Risk Warning Global investment banking giant JPMorgan published a report on Thursday, […]
U.S. Secretary of State Antony Blinken met Friday with Chinese President Xi Jinping and senior Chinese officials, stressing the importance of “responsibly managing” the differences between the United States and China as the two sides butted heads over a number of contentious bilateral, regional and global issues. Talks between the two sides have increased in […]
According to Chris Vermeulen, the Chief Investment Officer (CIO) of Technical Traders. This could lead to a bear market and a challenging "reset" that may negatively impact returns for years. read more
China's EV Dominance Could Hinder Manufactures to Obtain Biden's EV Subsidy Scheme, Warns South Korea