Tag #Electric Vehicles

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chinadaily.com.cn

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May 1, 10:10

Indonesia-China Economic Ties: \$135 Billion Trade, and Growing Investment

In 2024, Indonesia-China trade surpassed \$135 billion, with China being Indonesia's largest trading partner and a major investor, particularly in infrastructure and nickel processing, impacting sectors like EVs and downstream industries.

Indonesia-China Economic Ties: \$135 Billion Trade, and Growing Investment

In 2024, Indonesia-China trade surpassed \$135 billion, with China being Indonesia's largest trading partner and a major investor, particularly in infrastructure and nickel processing, impacting sectors like EVs and downstream industries.

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Decent Work and Economic Growth

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How has Chinese investment impacted specific Indonesian industries, and what are the associated benefits and challenges?

This strong economic relationship is evident in the Jakarta-Bandung high-speed railway, the first in Southeast Asia, and booming nickel exports to China. This collaboration is further strengthened by Chinese investment in Indonesian EV manufacturing and downstream industries.

theguardian.com

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May 1, 13:16

Tesla Denies Report of Elon Musk CEO Replacement Amidst Falling Profits and Political Backlash

Tesla chair Robyn Denholm denied a Wall Street Journal report claiming the board sought to replace Elon Musk as CEO amid falling profits (down 71% in Q1 to $409 million) and backlash against his political activities, including work for the Trump administration and support for the AfD party.

Tesla Denies Report of Elon Musk CEO Replacement Amidst Falling Profits and Political Backlash

Tesla chair Robyn Denholm denied a Wall Street Journal report claiming the board sought to replace Elon Musk as CEO amid falling profits (down 71% in Q1 to $409 million) and backlash against his political activities, including work for the Trump administration and support for the AfD party.

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Decent Work and Economic Growth

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What factors contributed to the reported tension within the Tesla board, and how do these factors relate to the company's recent financial performance?

The Wall Street Journal report, published Wednesday, claimed board members contacted headhunters to find a successor to Musk amid concerns about declining profits and Musk's political activities, including his work for the Trump administration and support for the AfD party. This led to a backlash against Tesla, impacting sales and resulting in political protests at some showrooms.

npr.org

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May 1, 04:13

Joint Office for Electric Vehicle Infrastructure Disbands Amidst Staff Cuts

The Joint Office of Energy and Transportation, created by the 2021 Infrastructure Investment and Jobs Act to coordinate EV infrastructure development, is disbanding due to staff reductions, hindering inter-agency collaboration and potentially slowing EV infrastructure deployment despite billions all...

Joint Office for Electric Vehicle Infrastructure Disbands Amidst Staff Cuts

The Joint Office of Energy and Transportation, created by the 2021 Infrastructure Investment and Jobs Act to coordinate EV infrastructure development, is disbanding due to staff reductions, hindering inter-agency collaboration and potentially slowing EV infrastructure deployment despite billions all...

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Affordable and Clean Energy

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What factors contributed to the dismantling of the Joint Office, and how does this reflect broader trends in government policy or resource allocation?

Budget cuts and a "department-wide review" led to the office's collapse, hindering collaboration between the Department of Transportation and the Department of Energy. The office's dissolution, though perhaps unintentional, impacts crucial EV infrastructure planning and coordination between federal agencies, states, and the private sector.

theguardian.com

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Apr 30, 10:11

Indonesian Nickel Mine Concealed Cancer-Causing Water Pollution

Harita Group, a major Indonesian nickel mining company, secretly documented unsafe levels of the cancer-causing chemical hexavalent chromium (Cr6) in Kawasi village's drinking water near their Obi Island mine, exceeding Indonesian legal limits by up to 140 parts per billion.

Indonesian Nickel Mine Concealed Cancer-Causing Water Pollution

Harita Group, a major Indonesian nickel mining company, secretly documented unsafe levels of the cancer-causing chemical hexavalent chromium (Cr6) in Kawasi village's drinking water near their Obi Island mine, exceeding Indonesian legal limits by up to 140 parts per billion.

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Good Health and Well-being

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How does the Indonesian government's regulatory framework contribute to the lack of transparency and accountability in this case?

Leaked documents reveal Harita Group's internal tests showing Cr6 levels far exceeding Indonesian limits (50 ppb), contradicting their public statements. This highlights a failure of regulatory oversight in Indonesia's booming nickel mining industry, prioritizing economic growth over environmental and public health concerns.

china.org.cn

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Apr 29, 10:19

XPENG's Flying Car and Humanoid Robot Highlight China's Automotive Revolution

At Auto Shanghai 2025, XPENG unveiled its flying car and humanoid robot, IRON, which has nearly 5,000 pre-orders; this event underscores China's burgeoning low-altitude economy, nearing \$139 billion USD, driven by technological synergy and mass production capabilities.

XPENG's Flying Car and Humanoid Robot Highlight China's Automotive Revolution

At Auto Shanghai 2025, XPENG unveiled its flying car and humanoid robot, IRON, which has nearly 5,000 pre-orders; this event underscores China's burgeoning low-altitude economy, nearing \$139 billion USD, driven by technological synergy and mass production capabilities.

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Industry, Innovation, and Infrastructure

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What is the significance of XPENG's flying car and humanoid robot demonstration at Auto Shanghai 2025?

XPENG's humanoid robot, IRON, debuted at Auto Shanghai 2025, showcasing the company's flying car which has almost 5,000 pre-orders and is slated for 2026 delivery. This event highlights China's expanding automotive industry, moving beyond traditional vehicles into flying cars and robotics.

chinadaily.com.cn

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Apr 29, 16:13

Indonesia's EV Market Growth Fueled by PEVS 2025 and Government Incentives

The PEVS 2025 electric vehicle exhibition in Jakarta, Indonesia, from October 24-30, showcases Chinese EV brands and highlights Indonesia's significant EV market growth driven by government incentives and a stable policy environment, aiming to reduce energy subsidies and boost investment.

Indonesia's EV Market Growth Fueled by PEVS 2025 and Government Incentives

The PEVS 2025 electric vehicle exhibition in Jakarta, Indonesia, from October 24-30, showcases Chinese EV brands and highlights Indonesia's significant EV market growth driven by government incentives and a stable policy environment, aiming to reduce energy subsidies and boost investment.

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Affordable and Clean Energy

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What are the key factors driving the growth of Indonesia's electric vehicle market, and what are the immediate implications of this growth?

The weeklong PEVS 2025 exhibition in Jakarta, Indonesia, showcases Chinese electric vehicle (EV) brands like BYD and Cherry, attracting 143 participants from Indonesia and other countries. Indonesia's stable government policies and incentives for EV consumers are driving significant EV market growth, boosting investment and public awareness of environmentally friendly vehicles. This growth is expected to reduce Indonesia's energy subsidies, freeing up funds for social programs.

lexpress.fr

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May 1, 13:16

Tesla Board Denies Report of Seeking Musk's Replacement Amidst Financial Concerns

Amidst falling Tesla stock prices and Q1 2025 profit plummeting 71% year-over-year, the Wall Street Journal reported that Tesla's board considered replacing Elon Musk as CEO due to his political involvement with the Trump administration; however, Tesla's board has since denied these reports.

Tesla Board Denies Report of Seeking Musk's Replacement Amidst Financial Concerns

Amidst falling Tesla stock prices and Q1 2025 profit plummeting 71% year-over-year, the Wall Street Journal reported that Tesla's board considered replacing Elon Musk as CEO due to his political involvement with the Trump administration; however, Tesla's board has since denied these reports.

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Decent Work and Economic Growth

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What is the impact of Elon Musk's political involvement on Tesla's financial performance and leadership?

The Wall Street Journal reported that Tesla's board considered replacing Elon Musk as CEO due to falling stock prices and investor concerns about his involvement with the Trump administration. Tesla's board, however, has since denied these reports and stated their confidence in Musk's leadership.

cbsnews.com

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May 1, 19:18

Tesla Denies CEO Search Amidst Musk's DOGE Backlash

Tesla Chair Robyn Denholm denied reports that the company's board is seeking a new CEO, refuting a Wall Street Journal article, after Tesla's first-quarter earnings were impacted by consumer backlash against Elon Musk's role in the Trump administration's Department of Government Efficiency (DOGE).

Tesla Denies CEO Search Amidst Musk's DOGE Backlash

Tesla Chair Robyn Denholm denied reports that the company's board is seeking a new CEO, refuting a Wall Street Journal article, after Tesla's first-quarter earnings were impacted by consumer backlash against Elon Musk's role in the Trump administration's Department of Government Efficiency (DOGE).

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What is the immediate impact of the Tesla board's denial of a CEO search on investor confidence and the company's stock price?

Tesla Chair Robyn Denholm denied reports that the company's board contacted recruitment firms to find a new CEO, calling such claims "absolutely false." This follows a Wall Street Journal report suggesting board members had reached out to hiring firms and advised Elon Musk to dedicate more time to Tesla. Tesla's stock surged 24% since Musk announced he would refocus on Tesla in May.

theglobeandmail.com

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Apr 30, 19:21

Canada's EV Market Slowdown: High Prices, Infrastructure Gaps, and U.S. Tariffs Pose Challenges

Despite North America producing nearly 700,000 EVs annually, Canada's EV market faces challenges due to high prices, insufficient charging infrastructure, and U.S. tariffs, potentially hindering its 2035 zero-emission vehicle target.

Canada's EV Market Slowdown: High Prices, Infrastructure Gaps, and U.S. Tariffs Pose Challenges

Despite North America producing nearly 700,000 EVs annually, Canada's EV market faces challenges due to high prices, insufficient charging infrastructure, and U.S. tariffs, potentially hindering its 2035 zero-emission vehicle target.

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How do U.S. trade policies and tariffs specifically impact Canada's EV sector, and what are the broader implications for North American automotive supply chains?

Canada's EV slowdown stems from high EV prices ($70,297 average vs. $57,100 average income), insufficient charging infrastructure (37,000 ports vs. 679,000 needed by 2040), and U.S. tariffs on Canadian auto exports, impacting investment and consumer confidence.

zeit.de

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Apr 30, 10:11

Volkswagen Q1 Profit Plunges 41% Amidst Special Charges and Market Headwinds

Volkswagen's first-quarter 2025 profit fell nearly 41 percent to €2.19 billion due to special charges (€1.1 billion), lower China earnings, and reduced electric vehicle profitability, despite a 3 percent revenue increase to €77.6 billion and increased EV market share.

Volkswagen Q1 Profit Plunges 41% Amidst Special Charges and Market Headwinds

Volkswagen's first-quarter 2025 profit fell nearly 41 percent to €2.19 billion due to special charges (€1.1 billion), lower China earnings, and reduced electric vehicle profitability, despite a 3 percent revenue increase to €77.6 billion and increased EV market share.

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Responsible Consumption and Production

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What were the key factors contributing to Volkswagen's substantial Q1 2025 profit decline, and what are the immediate implications for the company?

Volkswagen's Q1 2025 profit plunged by almost 41 percent to €2.19 billion, despite a 3 percent rise in revenue to €77.6 billion. This decrease is attributed to €1.1 billion in special charges, including CO2 provisions and expenses related to the diesel scandal and software subsidiary Cariad. Lower earnings in China further impacted results.

welt.de

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Apr 29, 10:18

Global EV Market Share Hits Record High in Q1 2024

Global EV and plug-in hybrid sales reached a record 25 percent market share in Q1 2024, driven by a 42 percent surge in Battery Electric Vehicles (BEVs), with China leading the growth (1.6 million units, +55 percent), while German automakers saw significant gains in Europe and Germany but losses in ...

Global EV Market Share Hits Record High in Q1 2024

Global EV and plug-in hybrid sales reached a record 25 percent market share in Q1 2024, driven by a 42 percent surge in Battery Electric Vehicles (BEVs), with China leading the growth (1.6 million units, +55 percent), while German automakers saw significant gains in Europe and Germany but losses in ...

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Climate Action

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What were the key factors driving the record-high market share of EVs and plug-in hybrids in the first quarter of 2024?

In the first quarter of 2024, electric vehicles (EVs) and plug-in hybrids reached a record-high market share of 25 percent globally. This surge was driven primarily by a 42 percent increase in Battery Electric Vehicles (BEVs), reaching 2.7 million units sold across 40 major markets. China led this growth with a 55 percent increase in BEV sales, totaling 1.6 million units.

spanish.china.org.cn

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Apr 28, 10:12

BYD's Americas Conference Highlights Global Expansion in NEV Market

BYD, a major Chinese electric vehicle manufacturer, held its 2025 Americas Distributor Conference in Shengzhou, China, from April 24th to 28th, showcasing its NEVs and celebrating its strong market presence in Latin America, particularly Brazil (76,700 vehicles sold in 2024, a 328% increase), fueled...

BYD's Americas Conference Highlights Global Expansion in NEV Market

BYD, a major Chinese electric vehicle manufacturer, held its 2025 Americas Distributor Conference in Shengzhou, China, from April 24th to 28th, showcasing its NEVs and celebrating its strong market presence in Latin America, particularly Brazil (76,700 vehicles sold in 2024, a 328% increase), fueled...

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Affordable and Clean Energy

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What are the long-term implications of China's technological advancements in the NEV sector for the global automotive market?

BYD's global expansion strategy, as seen in its Americas Distributor Conference and significant investments, positions it for continued growth. Its focus on NEV technology and R&D places it at the forefront of the electric vehicle revolution, shaping the future of transportation globally. The company's aim to sell 5.5 million vehicles in 2025, with foreign markets as a key growth driver, signals significant ambitions.

Showing 205 to 216 of 980 results