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tv   Abdullah Alaoudh  Al Jazeera  June 29, 2019 7:32am-8:01am +03

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but despite it the these are the priorities for palestine they should go in order that political security prosperity without political will you can hardly have security on the ground nor respond at the under occupation good to talk to so many thanks indeed for being with us thank you. diesel was supposed to be the future but the german car industry has paid and continues to count the cost of promoting the fuel after regulators caught some of the industry cheating on emissions tests now it's spending billions to go electric but the cost could be tens of thousands of job losses the german also industry employs 1800000 people directly and indirectly livelihoods are threatened because electric cars don't need complicated combustion engines leading to the loss of more than 100000 jobs by 2035 for the economy the german car industry is a big bringing in $500000000000.00 annually to keep its global leadership b.m.w.
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dima and v.w. will spend $45000000000.00 on electric vehicle technology over the next 3 years for its part says its last fossil fuel based car will be released in 2026 but environmentalists say that's too little too late they want all manufacturers to phase out polluting engines by 2028 so how realistic is this now to serious dominic casey has been to a car plant in eastern germany to find out. this is the production line of the folks back in plantain cynical whether robotic and human workforce combine to assemble more than 300000 vehicles every year for decades virtually all the people's cars produced here have been powered by petrol engines but not for much longer now electric is the buzz words but we are convinced that not just german drivers but also european ones are ready for this and we are ready to roll out
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these cars to the whole world why because an electric car is not a compromise they have everything that a car needs maybe even a little more they can be more dynamic with better driving characteristics you get a good sense of the differences between the vehicles when you look inside their shasta's stripped down as they are here this is the conventionally powered golf look at the central panel which is clearly big to contain gears that and that sort of thing those sorts of controls but kind of cross to what we have here the ideological car no major central panel because batteries will be going where previously the sorts of machinery that were in the gulf were installed this drive is part of a commitment from v.w. to phase out all fossil fuel powered cars by 2040 leading environmental campaigners are demanding far more radical results holding onto the status quo is like holding on the sand on the beach. time will slip between your hands and fingers in the past
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and you will be left with absolutely nothing but the best in your hands this sort of sentiment has fueled a surge in popularity for the green party across the continent with the movement reaching clear success in may's european elections in many people's minds are problems like these in stuttgart one of the most polluted cities in germany where levels of exhaust emissions regularly exceed safety elements and older diesel engines are already banned we are making very clear if you really want to make progress here if you really want to make sure that the cities are cleaning up without doing any circulation ban because that's what the conservatives hate well maybe then we have to clean up the cars and then we need to put up for policies in place for cleaning up the cars that's the debate we're having and we're hoping we can push it further which helps explain why the carmakers are embracing the electric revolution and why for v.w. fossil fuel powered cars will soon reach the end of the line dominic cain
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al-jazeera. well while german comic has are getting ready to spend billions on electric cars one nation has stolen a march in the field china's technology is considered to be miles ahead of its rivals or economics that is a bit early spoke to alexander close the executive vice president of chinese electric car maker a ways he began by asking if its technology advantage was one reason for its plans to expand overseas starting in germany we think we have a very good foundation here in china where you actually have a huge electrical vehicle market already and we want to export that to other places where we think the development hasn't been as fast as it has been in china that's why we think we have a certain advantage going to these places namely for places to go to receive them and german companies that is start spending 45000000000 on electric cars and you
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have tesla as another competitor are you well capitalized to be able to deal with that kind of competition we think what we'll do we offer a vehicle we'll offer vehicle plus services around that vehicle in the european market and we will capitalize to do that what others have to spend to actually convert all of the. existing assets into electrical vehicles and do for electrical codes is something completely different we think we've very well equipped to go into the european market and as we all starting at the same time we think we have actually a very good chance of not market and why do you think your pains would be interested in buying your cause 1st of all i have to say we won't sell these cost to europeans we just least or we want to make it us easy as possible for anybody who wants to go in the battery electric vehicle and we think a lot of people do want to go into battery electric vehicles we want to make it
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very easy for them to get into this vehicle so we will only leads them this. no question about versatile value no question about warranty no question about maintenance and so on will make it very easy for everybody to get into these cars we know that there is a lot of people who want to drive b. and they just can't do so because all they get in the market at present is very expensive it's going to be a risk because nobody knows what the research your value bill be in a few years nobody knows what the battery will too and so on we want to take all of that off and we think we have an offering that a lot of people will interested in but you've got companies like b y d is a chinese company india which have sort international expansion but haven't made the transition yes so where do you think you can improve on the us everybody else has talked about thought about it and so on we'll just going to do it we think we have a product that is in terms of quality ready for the european market we think also
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that we offer everything that the european customers would want to have and that's why we're just going to jump over the over to europe we think it's also the right time may be a year ago 2 years ago it was in the right time but now it's the right time there's a lot of people literally that are waiting for a car that they can afford where they will have no risk to get into a better electric vehicle and where they can just test this and we offer them that vehicle do you think electric cars are the future in specially when there is concern about range eggs lightly and china itself is considering hydrogen technology too for long distances in particular 1st of all we think that most of the customers in the market today will actually not need a car for a very long distance there is this discussion about a range scientist but we think it's exactly that we still offer a car with
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a very long range and. to our knowledge people will find a. in a few years that maybe that range is even too much for them so they could actually do with a small of range we still offer it today obviously we don't want to offer something for everybody in the market right now we just offering one certain vehicle for a certain purpose and we think that we have to right solution for that what will be the solution for long range travelling for somebody who has to travel long range every day is still in the open we doing our own research in that area and there is some some let's say some technologies which might be the right technologies for the future but nobody knows that and we're all still developing for that time before that and also for a lot of the short range travel it's going to be battery electric vehicles we're
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very convinced about that sales of cars are slowing in china and we also have the threat of a longer trade war with the united states just tell us what your feelings are as to where the industry is going in china itself yes sales have been slowing in china but they have been slowing in certain segments and certain manufacturers' staff in other manufacturers which are still successful we are a startup we have a plant with a certain capacity which way we want to fill and we think we can fill that capacity because it's only one small part of the market so whilst the market has been slowing around us and we don't think that's going to impact our expansion in the future particularly as we also going abroad as to the potential trade war between china and the u.s. as we expanding in europe 1st it's not going to impact us for now we'll proceed also thinking about the u.s. market but that might be at
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a later stage and excludes the executive vice president of a ways talking that while business as a bit al. and i want to carry on some of the thoughts from that interview with our next guest joining us from london simon morse the managing director of benchmark mineral intelligence simon you are the leading provider of pricing data for lithium key ingredients of electric battery technology but there are concerns that if the world was to stop producing electric cars at the current rate of production we could use up the world's resources within 17 to 40 years what's missing from that analysis quite a bit really mean lithium isn't rare the question is getting out the ground in economic quantities and at the moment the lithium industry has gone through a surge in exploration and new development but right now there's not not as much investment going into the lithium industry to go beyond 2025 so the numbers you quoted really a little maybe minerals in the ground it isn't taken to it into account production
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that's coming on stream and new exploration is going to happen but the takeaway point is left him isn't geologically rare but the challenge is getting it into the supply chain in economic quantities you talk about funding it's being held back isn't it because investors just don't know how to price this this mineral at the moment they're looking for the likes of the london metals exchange to provide a tradable contracts just like copper of the like but a lot of players within the industry don't particularly like to trade it that way that's exactly right so lithium is traded in private contracts between buyer and seller and at benchmark we create an independent reference prize to enable that supply chain to trade with more clarity and more freedom there before but as lithium grows is going to be new ways to trade lithium contracts and one was the london metal exchange you have a number of other exchanges looking at it as well but lithium is a speciality chemical it's going from the nature 300020 industry into the mainstream to about
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a 1000000 tonnes in the mid 20 twenty's and with that will come different ways to trade this and when. expanding that quickly in a market lithium can't just rely on itself to expand anymore it's going to need extra no capital and the issue without external capital is investors are present too scared to put their money into it because they don't understand the fume it's too risky it's too specialist or the evy story is the sun too good to be true and i think that's the main challenge at the moment it's more rare mineral as new. sources of lithium come online is there a danger that there might be oversupply that could impact negatively upon the price how long does it get once you've got the investment how long does it get these these mines up and running it's a really good question because it takes anywhere between 8 and 10 years to build a lithium my from scratch and to get it ramped up without any problems and that's the biggest challenge for lithium the investment has gone into the mid twenty's
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twenty's as i said but really the surge in electric vehicle production is coming after that point and there's a big question mark over where the money is going to come from for all these future lithium mines but as i said the exploration people know these tier one lithium sources now they understand the to 2 sources the question is if the money's going to be committed and at the moment it's not coming from the capital markets it's coming from the industry itself right for the moment chinese entities control nearly half of global lithium production and 60 percent of electric battery production capacity does that become a security concern for other nations it has to especially the us i mean when you look further certain parts of the supply chain should i should add so when you look at the lithium structure you've got 6 big producers 2 of which are chinese 2 of which are actually american producers money in south america and the question really isn't on the structure of the lithium industry that kind of that does
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operate in a sensible normal market driven way it's actually well as the bat. passes the bills out so we we collect this data also benchmark and we've got 1.9 terawatt hours of battery capacity by 2029 it sounds a lot it means about $35000000.00 electric vehicles but where is that capacity being built out it's china 67 percent of this batch isn't china how much as in the u.s. it's about 8 percent the question is if you take tesla and the huge gigafactory out the equation the number is 3 percent so the u.s. really should be concerned about the supply chains and is playing catch up with china some really good to talk to you on cutting the cost many thanks indeed for being with us simon morse managing director at benchmark mineral intelligence and that's our show for this week if you'd like to comment on anything that you've seen you can tweet me i'm at a finnigan on twitter please use the hash tag a j c t c when you do or you could drop us a line counting the cost of al-jazeera dot net is our e-mail address as always
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there's plenty more for you online at al-jazeera dot com slash c t c that takes you straight to our page and there you'll find individual reports links even entire episodes for you to catch up on but that's it for this edition of counting the cost i'm adrian finnegan from the whole team here in doha thanks for being with us the news not out of syria is next.
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0. color i missed on the a day and this is the news hour line from our headquarters in doha coming up in the next 60 minutes trade with china is at the top of the agenda as donald trump prepares to meet changing thing on the final day of the g.
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20 summit and osaka well a top issue at that summit is climate change as fronts work records its hottest day ever amid unseasonable european heatwave. it's a signal you know it's. not you don't see expectations iran says it's made progress the talks in vienna to try to save the 2015 nuclear deal but insists more is needed and we report from flint michigan where the crisis over tainted water is far from a river but criminal prosecutions are ending. trade is expected to be top of the agenda as well as leaders gather in japan for the 2nd and final day of the annual g 20 summit day one some of the traditional family photograph saudi crown prince mohammed bin sound man was sent to stage a big change from 2015 when he was isolated after the killing of journalist jamal
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khashoggi also on day one u.s. president on a trunk made light of russian election meddling during a meeting with that impression this despite u.s. intelligence agencies saying that russia interfered in the 26000 presidential election and warning that it's likely to do so again trying to set to begin day 2 with a breakfast meeting with the saudi crown prince lay sharon he'll meet with chinese president xi jinping. the ongoing trade war between the 2 powers will be the main topic of discussion well our diplomatic editor james day is now joins us live from a soccer changes and plenty of talk about transmitting with putin yesterday what we talked through what's on the cards for today. i will i'll tell you what's on the cards for today but 1st before i do an important development in the last few moments because we haven't had a tweet from president trump that's not important but what he says is he is going to be here today and then heading to korea for meeting with in the president of
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korea that's always been planned but he has just tweeted in the last few moments while there if chairman kim of north korea sees this i would meet him at the border d.m.z. just to shake his hand and say hello in the last few moments president trump on twitter putting an invitation to the north koreans and to kim that while he's in korea he could come to the demilitarized zone and shake hands so very important developments those developments with regard to korea likely to come up with that meeting with president xi cause president xi himself was in pyongyang on a visit in recent days they'll be meeting in about 3 hours time now the crunch issue for that meeting between the u.s. president and the leader of the chinese people is going to be the issue of trade trade negotiations broke down in may there's the possibility of trying to get some
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deal. to stop the ongoing trade war but of course of the don't and the trade war could get worse president trump on twitter in the last few hours has also been praising the u.s. economy in the state of the stock market many economists believe that would not last if we were to have a lot going worsening trade war between the u.s. and china and james in terms of the summit at self what agreements are we likely to see as it as a minister with its conclusion. well you got the on the side lines meetings and definitely the most important one of that is the trump she meeting that's about 3 hours from now but as you say the whole summit the whole of the g. 20 will include will conclude about 6 hours from now because of these rows on things like climate change and free trade where there are very differing views among these countries we've seen quite important development the e.u.
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signing a trade deal with south american nations mercosur of an open free trade agreement affecting 800000000 people and yet protectionism from of other parts of the g 20 this might make it hard for them even to come up with a final communique some diplomats are talking about not having a final communique if they do and certainly the japanese hosts and shinzo arbor the prime minister of japan who is the host this meeting will want a final communique the fear is it will be a very watered down one and james in terms of moving forward just going back to what you were saying earlier about the trump tweets that we're seeing are we likely to actually get anything substantial out of that in that meeting if it does take place and. well i mean i think it would be very very important to indeed if there was to be a 3rd meeting he's not in the tweet talking about a summit we had 2 summits one was almost a year ago just over
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a year ago in singapore that was when there were real smiles and optimism didn't come up with much substance but people thought that could be the beginning of a process between the 2 nations that was the high water mark then after after. trump and kim's meeting they'd hoped that meetings would lower officials to try and come up with some sort of deal that didn't really happen the north koreans said no we're only going to deal with trump directly and you had the meeting earlier this year in hanoi which really was a complete failure with trump walking away another meeting even if it's a handshake would i think be symbolic but also could be of some substance showing that they're trying to resurrect wrecked this diplomatic process so crump's short visit on the end of the g. 20 to south korea now is much more important indeed magic as it had james is there live for us and i start a heavy keeping us abreast of everything happening at the g.
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20 thank you james. well european powers haven't done enough to help iran avoid crippling u.s. sanctions that's the view of iran's deputy foreign minister after hours of talks in vienna on the 2015 new deal the meeting with billed as the last chance to save the agreement for benon reports. in 2015 the negotiating teams came to the lavish public coburg in vienna to sign and seal the. nuclear deal 4 years later they're here trying to save it britain china france germany and russia have announced that in sticks is now operational a complex barter type system to let european countries trade with iran while avoiding u.s. sanctions tehran has set a july 7th deadline that's when its threatened to begin enriching uranium close to weapons grade purity if its oil exports resumed or it believed that it was a. positive and constructive meeting. i can say want to step forward
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compared to the previous meetings we have. but it is a still not enough and it is it is still not clear to you don't say expectations china the biggest buyer of iranian oil has also hit out at the united states for its unilateral action we reject the unilateral imposition of sanctions and for us the energy security is important and the importation of all is important to the chinese security energy security and also to the livelihood of the people president trump took the united states out of the j. c.p.o. a deal last year and is pressurising the european signatories to do the same at the same time the u.s. is demanding that iran must abide by the deal of limited stockpile of enrich uranium previously iran exported excess uranium to stay within the limits of the sanctions now prevent that the u.s.
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special envoy on iran is touring europe. in capitals to muster support for president trump stunts on friday he was in london we are trying to restore deterrence to reestablish deterrence against iran. we are also putting ourselves in a position where if we are attacked by iran we can respond with military force but that is only if but on the nuclear deal european countries are sticking with iran calling the agreement a major contribution to stability in the region can the in stix trading system deliver enough economic benefits to keep iran from abandoning the treaty perhaps north but it's been described as the last chance paul brennan al-jazeera of tensions between iran and in the united states of escalated since president took office 2 and a half years ago trump pulled out of the 2015 nuclear deal in may last year he said iran was a threat and a new plan was needed he reimposed sanctions 3 months later to squeeze iran's
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economy and then the state role he designated the islamic revolutionary guard corps a branch of iran's armed forces a terrorist organization a month later the white house deployed wall ships to the gulf and responds to unspecified iranian threats then blamed iran for the sabotage of commercial ships in waters off the united arab emirates iran denied involvement and then last thursday iran shot down a u.s. drone that it said was in its airspace the u.s. disputes that trump said he was minutes away from retaliating but changed his mind to avoid iranian fatalities well mark fitzpatrick is the director of the nonproliferation program at the international institute for strategic studies and he says iran is new using patients but the remaining signatories of the 2015 nuclear deal. it's hard to judge exactly what iran will do i think that they probably will go ahead and exceed some of the limits of the deal because europeans have been talking about this inspects mechanism for months and months now it's
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taken so long to operationalize to actually facilitate any trade that i think the iranians have lost patience and yes i think they will be starting to break out of the limits imposed by that 2015 deal i think what iran is going to do initially will not be so major they're going to exceed by a little bit this cap on how much low enriched uranium it it's it's a reversible step so if the europeans can actually provide for some trade them iran could step back europeans will have to respond in some way to even a little bit of an excess but it won't be or it won't be major sanctions that day will come on july 7th when if iran follows through with its threat to increase the enrichment level to near weapons usable uranium that would that would be a bigger problem for the europeans and they would have to impose bigger sanctions than now forces loyal to libyan war article if i have to have threatened to ban all
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commercial flights to techie and to stop turkish ships from docking have to has previously accused of meddling in libyan affair as for more now let's go to what up to while he's on the phone from tripoli knock wood does he have the capacity to make good on his threats. well. apparently he does because he has been sitting to talk with the patient inside tripoli and he's been telling me to get strategic locations in science because the density including the on the upper ration is within the city and i remember that night we got a boat that has been has what happens when a plane the time since has been lost it is military campaign to take control of the capital tripoli on the floor of the now this guest is a believe some sort of base condition.

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