... such as BYD and Nio, which offer more affordable electric vehicle models. Subsidies may help bridge the price gap and support local players like Volkswagen and Stellantis. This could also create new incentives for consumers to transition to electric transport. However, such policies might incur additional costs for EU budgets and potential disputes regarding the fairness of the support. Hashtags: #ElectricVehicles #EU #China #Subsidies #Automotive #NEV News: Chinese automaker BYD has become the most ...

... However, the enthusiasm of many was short-lived. In the second quarter of 2019, prices plummeted by 5%. Many were puzzled: was this a crash or a correction? To complicate matters, the situation was exacerbated by issues related to contaminated oil being transported through pipelines to Europe. In 2018, the global oil market experienced a rise in prices. Concurrently, the exchange rate of the ruble against the dollar stabilized. However, many were quick to celebrate too soon. In the second quarter of ...

... barrels per day. Additionally, the oil market has almost completely absorbed the "post-COVID" recovery in demand, which is why the dynamics of final consumption are increasingly influenced by long-term factors – a slowdown in demand in land transport due to the spread of electric vehicles, a surge in demand for polymers due to urbanization in South and East Asian countries, and increased competition between petroleum products and liquefied natural gas (LNG) in maritime transport. These factors ...

... processing Russian oil will be challenging for the EU, as they simply lack the technical resources for this. "The same applies to the shadow fleet: restrictions on tankers carrying Russian oil have not seriously affected either the volumes of oil transportation or the Urals discount to Brent. Therefore, the 18th sanctions package will not be overly painful for the Russian fuel and energy complex," the expert concluded. REFERENCE: The current oil price ceiling has been in place since December ...

... short-term loans (up to a year), which help to survive cash flow gaps or seasonal declines in revenue. Investment loan for business development. Such a loan is provided for the acquisition of fixed assets and long-term investments: purchase of equipment, transport, real estate, modernization of production, opening of new branches. The term of an investment loan is usually longer - from several years to ten years, depending on the scale of the project. The lender may require such a loan to be secured by ...