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It became known about China's plans for the electrification of motor vehicles.
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Furthermore, China is rich in mineral resources critical for the "new" energy sector, the expert noted. According to the International Energy Agency (IEA), China accounted for over 60% of global lithium production and more than 90% of natural graphite extraction in 2023.
Additionally, according to Tereshkin, unlike their European and American competitors, Chinese companies do not have a "long history" in traditional car manufacturing. This has encouraged them to create ...
Return of Western Brands to Russia: Forecasts and Implications for Business
... supply;
Ford — an automobile manufacturer that partially exited the market but has potential opportunities for return.
The press secretary of the President of the Russian Federation, Dmitry Peskov, emphasized that the return of Western brands is a natural market process, and competition between Russian and international companies will benefit consumers.
Economic and Business Prospects
According to data from Kokoc Group, around 350 foreign companies may return to Russia by 2025. This will create ...
Why are gasoline and diesel prices rising in the fall of 2024
... the beginning of the year, and AI-95 gasoline by 7.6%, AI-98 gasoline has seen a 17.5% increase. However, Rosstat is unlikely to exclude AI-98 from its calculation of the overall price index.
This year's periodic fuel price hikes are of a different nature than last year's. For example, the fuel crisis of July-September 2023 was linked to planned cuts in the damper payments. As a result, oil companies opted to compensate for losses by sharply raising exchange prices. This year, no adjustments have ...
An expert explained how the situation around the GIS "Sudzha" will affect Europeans.
... they will begin to correct, despite the approaching winter season.
MOSCOW, August 9 - PRIME. The risk of reduced gas supplies through the "Sudzha" gas measurement station (GMS) has led to an increase in gas prices. The September futures for natural gas at the TTF hub rose by 4% on August 8, 2024, reaching $423 per thousand cubic meters. It is likely that the price increase will also be observed on August 9, but the average monthly prices will not exceed $500 per thousand cubic meters. This ...
What is a Security Token Offering
What is a Security Token Offering and What are its Advantages over ICOs?
STO stands for Security Token Offering and refers to the process of creating a security token. By nature, they are similar to ICO projects, but there are several key differences that characterize STOs as secure tokens.
What is an STO?
As with ICO projects, investors receive cryptocurrency or a token that represents their investments. However, unlike ...