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EU Implements Tariffs on Chinese EVs Amid Escalating Trade War

The EU takes a firm stance by imposing import tariffs on Chinese auto companies, including BYD and Geely, to counter alleged anticompetitive activity, setting the stage for intensified trade tensions.

Trade June 12, 2024

Challenges in EV Adoption: Rising Copper Theft Affects Charging Infrastructure

The surge in copper prices due to record highs has led to increased theft of EV charging cables, disrupting charging station operations and posing hurdles for EV adoption.

Electric Vehicles June 12, 2024

Current State of the US Oil and Gas Industry under President Biden

The US oil and gas industry has seen record profits during President Biden's administration, despite previous warnings of industry decline.

Oil & Gas June 11, 2024

Oil Market Steadies Post-Weekly Decline Amid Supply Restorations

After experiencing a 2.5% decline last week, Brent crude hovers around $80 per barrel. Algorithmic trading intensifies the decrease as OPEC+ announces plans to ramp up supply from the third quarter.

Oil June 10, 2024

US Solar Tariffs Revived on Southeast Asian Imports

Tariffs on cheap solar imports from Asia have been reinstated, aiming to provide stability and support to US solar producers.

Renewable Energy June 9, 2024

Colombia Halts Coal Exports to Israel Amid Gaza Conflict

Colombia's President, Gustavo Petro, announces the suspension of coal exports to Israel in response to the ongoing conflict in Gaza.

Geopolitics June 8, 2024

Challenges Faced by Renters Transitioning to Electric Vehicles

Rental car companies are encountering hurdles as they introduce customers to electric vehicles, highlighting the need for enhanced education and support.

Transportation June 8, 2024

Biden Administration Implements Stricter Fuel Economy Standards for 2031

The Biden administration has introduced enhanced fuel economy standards that will propel new vehicle efficiency beyond 50 miles per gallon.

Policy June 8, 2024

US Adds Half a Million Millionaires in 2023

The United States recorded an increase of 500,000 millionaires in 2023, surpassing all other countries. The AI boom and market improvements played significant roles in this growth.

Finance June 7, 2024