The world’s top ten best-selling leisure travel products in the first three quarters of 2023 are released! Toyota RAV4 falls from the altar and the champion needs to be replaced

2023-11-18 08:04:00 The internationally renowned market research organization “Focus2Move” recently announced the global SUV sales rankings for the first three quarters of 2023. The Toyota RAV4, which has dominated the list for a long time, finally encountered a strong enemy, allowing the Tesla Model Y to usurp the position with an astonishing sales rate, becoming … Read more

The Impact of China’s Industrial Overcapacity on Global Economy: Insights from U.S. Treasury Secretary Yellen

2023-11-14 07:21:53 U.S. Treasury Secretary Yellen pointed out to Chinese Vice Premier He Lifeng at the Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting that China’s strong financial support for specific industries may lead to overcapacity and pose a threat to other countries. (Bloomberg) [Compiled by Lu Yongshan/Comprehensive Report]U.S. Treasury Secretary Yellen pointed out to Chinese … Read more

How EU’s New Rules Could Make Electric Cars More Expensive – Impact on Consumers and Manufacturers

2023-11-10 20:27:25 The EU sees itself as a pioneer for climate protection and clean cars! But when it comes to electric vehicles, Brussels could deter many buyers in the future. The reason is new rules that are due to come into force at the turn of the year. And make electric cars massively more expensive. … Read more

Raw materials for batteries in electric cars have become much cheaper | Economy

2023-11-06 16:25:23 Door onze economieredactie 06 nov 2023 om 12:51 Update: 6 minuten geleden The prices of key raw materials for making batteries for electric cars have fallen sharply this year. For example, the price of lithium fell by almost 70 percent and nickel has become approximately 40 percent cheaper. Last year, the prices of … Read more

Debunking the 250-Ton Dirt Extraction Rumor: Facts and Environmental Impacts of Tesla Batteries

2023-11-04 08:45:00 The Facebook post in question, below, shows a massive excavator truck and claims that such machines must “move around 250 tons of dirt to extract the materials needed to produce ONE Tesla battery.” This is a rumor that’s been circulating for a while and has gained a lot of traction on social media, … Read more

Insuring Electric Cars in the Future: Challenges and Rising Costs of Repairing Batteries

2023-11-03 14:33:07 In the future, it may not be possible to insure electric cars because of the high cost of repairing batteries, industry experts have warned. According to Jonathan Hewett, chief executive of Thatcham Research, analysts often cannot or find it difficult to estimate the cost of repairing electric vehicle batteries in advance. And their … Read more

SK Innovation, 3rd quarter operating profit KRW 1.5631 trillion… “turned into surplus for only one quarter”

2023-11-03 03:20:08 Panoramic view of SK Innovation headquarters located in Jongno-gu, Seoul. Provided by = SK Group [인포스탁데일리=김영택 기자] SK Innovation recorded good operating profit in the third quarter of this year. This is the result of a large surplus in the oil business due to the rise in oil prices, and the lowest operating … Read more

Future of Rechargeable Batteries: Exploring Lithium-Ion and Solid State Technologies

2023-10-29 08:00:00 All rechargeable batteries work on the same general principle. They are all equipped with two electrodes, which are the arrival points of the electrical charges. In lithium-ion batteries like those found in cars and cell phones today, electrical charges (lithium atoms, in this case) go to an electrode called an anode during recharging, … Read more