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May 6, 2024
05/24
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BLOOMBERG
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launched five new ev's. coming out in one year or so, and these are suvs which happen to be ev's, lifestyle vehicles full of technology and what customers want. >> you build build up planted western india. at they are already starting to crank them out? >> that is right. in a record time we present a factory. we unloaded the first of the vehicles about three months ago. >> how would you get to the target by 20 27, you want 20% 30% to be ev's? is that attainable? >> we are optimistic about that goal, and if you see our portfolio today, we may cars and the mid to upper price segment of the market, and even with that the number one suv player from a revenue perspective in the past three quarters if you look at it and from volume as well, we are number two, so we are optimistic we can take our segment products into the ev range. >> how about your local supply chain for ev batteries? you have a partnership with the volkswagen. your competitors are building better implants in india, but we have not heard similar p
launched five new ev's. coming out in one year or so, and these are suvs which happen to be ev's, lifestyle vehicles full of technology and what customers want. >> you build build up planted western india. at they are already starting to crank them out? >> that is right. in a record time we present a factory. we unloaded the first of the vehicles about three months ago. >> how would you get to the target by 20 27, you want 20% 30% to be ev's? is that attainable? >> we...
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May 10, 2024
05/24
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BLOOMBERG
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ev makers are not really capitalizing on it just yet.me of their competitors are not really up to speed. if you are looking for a growth story, chinese ev makers have a leg up in terms of developing vehicles and batteries that the other established competitors are not ready to take advantage of it. wherever they want to go outside of the u.s., not creating any growth anyway, good but not great. there are plenty of vehicles to be sold and consumers to be found. i can see why investors would grab onto this as the next big ev growth story. sonali: abigail doolittle and david welch, thank you for making a sense of this story. the next hour, zeekr's cfo will be talking to us. this is the largest chinese ipo in the u.s. in years. looking forward to that conversation. stick with us for the wall street beat next. this is bloomberg. you know what's brilliant? boring. think about it. boring is the unsung catalyst for bold. what straps bold to a rocket and hurtles it into space? boring does. boring makes vacations happen, early retirements possible
ev makers are not really capitalizing on it just yet.me of their competitors are not really up to speed. if you are looking for a growth story, chinese ev makers have a leg up in terms of developing vehicles and batteries that the other established competitors are not ready to take advantage of it. wherever they want to go outside of the u.s., not creating any growth anyway, good but not great. there are plenty of vehicles to be sold and consumers to be found. i can see why investors would grab...
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May 15, 2024
05/24
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CNBC
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uto industry was really focused on new ev's, and new models. the ford f-150 ev is $100,000 vehicle. nobody make a $20,000 entry-level ev that could've perhaps forestalled the arrival of this chinese competition? >> it's interesting you $700,000, because i believe that's how much ford is losing on every ev they sell on a net basis. so, it's pretty bad. to answer your question what happened was we had a decade of low interest rates. vehicle prices crept up. so lantus is a notorious example with increased prices from 2019 all he way to 2024 by about 50%. what you had was ou had this decade of zero interest rates. people are fording more expensive vehicles, and cheap vehicles were simply not a thing anymore. american consumer got hooked on luxury vehicles, bigger vehicles, more options, more features. guess what? interest rates are not zero anymore. today i tweeted yesterday actually that the interest rate on a car today is a nearly 10% on a new car. that's a 20 plus year record. you're in an environment where consumer expectations need to retract. people can't afford this. but, we felt
uto industry was really focused on new ev's, and new models. the ford f-150 ev is $100,000 vehicle. nobody make a $20,000 entry-level ev that could've perhaps forestalled the arrival of this chinese competition? >> it's interesting you $700,000, because i believe that's how much ford is losing on every ev they sell on a net basis. so, it's pretty bad. to answer your question what happened was we had a decade of low interest rates. vehicle prices crept up. so lantus is a notorious example...
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May 10, 2024
05/24
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tesla recently announcing layoffs as demand for evs has dropped.ll, this hyundai ev plant will bring 5,000 jobs to the district of republican buddy carter, who considers himself a supporter of donald trump and evs. >> how do you square the way he trashes that industry with your support for it in your district? >> well, you know, look, the president and i may have some different views on this particular subject, and i believe that people want to see evs, and they want to make sure that we're manufacturing them here in america. that's very important, but, look, it can't be forced upon them. it has to be market driven. >> reporter: leaving the future of evs at the center of the national political debate even as the industry shifts gears. garrett haake, covington, georgia. >>> more to come. up next, the space storm bringing a spectacular light show. with nurtec odt, i found relief. the only migraine medication that helps treat and prevent, all in one. to those with migraine, i see you. for the acute treatment of migraine with or without aura and the pr
tesla recently announcing layoffs as demand for evs has dropped.ll, this hyundai ev plant will bring 5,000 jobs to the district of republican buddy carter, who considers himself a supporter of donald trump and evs. >> how do you square the way he trashes that industry with your support for it in your district? >> well, you know, look, the president and i may have some different views on this particular subject, and i believe that people want to see evs, and they want to make sure...
SFGTV: San Francisco Government Television
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May 26, 2024
05/24
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SFGTV
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and by the way, they have much less pm 2.5 impact than an ev does. did you know that electric vehicles aren't that much better on particulates than internal combustion engines? because the internal combustion engines now are so good that tire dust is a dramatic problem, and evs are heavier and generate more so getting bicycles and electric bicycles accessible to everyone. if this study could look at as you're looking at curb space and looking at e-bike charging, where can you integrate? e-bike corrals? would be a small add on, but it might create some really useful insights for moving forward in a more systems transit oriented way. thank you. thank you so much for sharing your comments. do we have any further speakers for agenda item number four, madam chair? okay. public comment on this item is now closed. supervisor mandelman, thank you. chair melgar, and i want to thank the folks who took the time to come out and talk to the committee on a monday afternoon, i also would be remiss if i did not thank zahaji , formerly of my office, who spent a fair
and by the way, they have much less pm 2.5 impact than an ev does. did you know that electric vehicles aren't that much better on particulates than internal combustion engines? because the internal combustion engines now are so good that tire dust is a dramatic problem, and evs are heavier and generate more so getting bicycles and electric bicycles accessible to everyone. if this study could look at as you're looking at curb space and looking at e-bike charging, where can you integrate? e-bike...
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May 30, 2024
05/24
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BLOOMBERG
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this administration wants more ev's.y want national champions and make sure those three automakers in detroit are still going to be successful. lisa: how do you weigh that idea with domestic industry and national security? the conflating is difficult. you don't necessarily want to chinese company knowing where people are driving all the time but how do you get a read on what is going in on what? jonathan: they're going have to explain that. 13,000 on an ev with the really long wage and you put of tariff on it. can you explain that to your electorate? lisa: the inflation story is tough to crack. jonathan:-- ♪ (jennifer) the reason why golo customers have such long term success is because we focus on real foods in the right balance so you get the results you want. when i tell people how easy it was for me to lose weight on golo, they don't believe me. they don't believe i can eat real food and lose this much weight. the release supplement makes losing weight easy. release sets you up for successful weight loss because it s
this administration wants more ev's.y want national champions and make sure those three automakers in detroit are still going to be successful. lisa: how do you weigh that idea with domestic industry and national security? the conflating is difficult. you don't necessarily want to chinese company knowing where people are driving all the time but how do you get a read on what is going in on what? jonathan: they're going have to explain that. 13,000 on an ev with the really long wage and you put...
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May 25, 2024
05/24
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CSPAN
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the ev start act.r industry is grateful to both senators for the long- standing leadership on ev policy and the recognition that the policy will make the roads safer. our organization was excited to see evs specifically called out. the working group encouraged committee action on a federal framework for the testing and deployment across all modes of transportation and this is particularly important for the competitors in the chinese communist party. there is a strong interest for the department of increase safety on american roads. we need action in key areas. for example, a proposed rule on nounced in july, 2023. they present an opportunity to ty and accessibility. it will encourage deployment of next-generation vehicles and open up a wealth of data to make progress toward establishing an effective government structure. another example where d.o.t. should take immediate action is from granting the request allowing ev trucks to have alternative warning devices when a vehicle is stopped on the roadside.
the ev start act.r industry is grateful to both senators for the long- standing leadership on ev policy and the recognition that the policy will make the roads safer. our organization was excited to see evs specifically called out. the working group encouraged committee action on a federal framework for the testing and deployment across all modes of transportation and this is particularly important for the competitors in the chinese communist party. there is a strong interest for the department...
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May 15, 2024
05/24
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could there be the same policy related to ev's? >> i think i will just rely on the answer i provided before, which is, stay tuned. >> did you also come to the part that donald trump is very critical to the move that president biden made today calling it a weekend futile attempt basically saying too little, too late. what's your response to that? >> i would just say that this action -- thank you. i appreciate that. i am subject to that. what i would do is interpret your question to mean, or maybe i should ask you to rephrase your question. >> how do you respond to the criticism that these tariffs are not enough and comes too late. those are coming clearly from former president donald trump. >> again, let me just say, in general, with respect to criticism that these tariffs might not be strong, let me put it this way, we have put a lot of heart and a lot of effort, intellectual effort, economic effort, in consultation effort into this package. they are designed to be strategic to and not chaotic. they are designed to be effective and
could there be the same policy related to ev's? >> i think i will just rely on the answer i provided before, which is, stay tuned. >> did you also come to the part that donald trump is very critical to the move that president biden made today calling it a weekend futile attempt basically saying too little, too late. what's your response to that? >> i would just say that this action -- thank you. i appreciate that. i am subject to that. what i would do is interpret your...
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May 9, 2024
05/24
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CNBC
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i want to jump into this one an odd time to launch an ev ipo.o you think investors view this company >> it is interesting a year ago, the thought was the company may raise more than $1 the billion. now clearly that is not the case because where people's minds are with the market in general the one bright spot for evs is china as you pointed out, it is a fierce come pe sigpetition amg brands and capacity and a price war that has even hurt the likes of tesla which would have been hard to imagine 18 months ago. >> you know, you talked about that interesting point geely is a backer of the company and zeekr's filing is china risk they are a chinese company with regulation from the government and regulation from the price war. is there anything to differentiate them with the price pressure >> geely is an important and interesting company. for western investors, this is a potentially interesting way to get into that chinese market and way to invest in some of the dpr growth over there. the china market is the bright spot for evs despite the challenges
i want to jump into this one an odd time to launch an ev ipo.o you think investors view this company >> it is interesting a year ago, the thought was the company may raise more than $1 the billion. now clearly that is not the case because where people's minds are with the market in general the one bright spot for evs is china as you pointed out, it is a fierce come pe sigpetition amg brands and capacity and a price war that has even hurt the likes of tesla which would have been hard to...
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May 22, 2024
05/24
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CNBC
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there are also the ev -- the epa regulations, the ev mandates the biden administration has projecteda tail pipe emissions could help make as many as 60% of all new cars sold in america to be evs by 2032 while that's a great goal, nobody anticipates 60% of all new car also be evs by 2032. that means the rule needs to be adjusted somehow, and more importantly, it will have trouble at the supreme court, which means the plan itself is going to be very much in doubt as we go into this election cycle. >> i wonder how this will play out. in the '80s, the u.s. big three was reluctant to see the change the japanese automakers were imposing at the time, but had to keep up and are better off for it now is this analogous to the situation we're facing with the chinese and for an administration that wants the u.s. to be driving more electric cars, but is erecting these barriers to make the cost of imported chinese ones twice as expensive? >> it is analogous this is an industry, this is a time when the auto industry needs to make big changes. as i said, they really have gone above and beyond the sh
there are also the ev -- the epa regulations, the ev mandates the biden administration has projecteda tail pipe emissions could help make as many as 60% of all new cars sold in america to be evs by 2032 while that's a great goal, nobody anticipates 60% of all new car also be evs by 2032. that means the rule needs to be adjusted somehow, and more importantly, it will have trouble at the supreme court, which means the plan itself is going to be very much in doubt as we go into this election...
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May 6, 2024
05/24
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the ev space?tephen: bmp is committed to carbon transition. this is a great subject for us to talk about. you highlight some of those opportunities and the opportunities are in consolidation for sure but they are also in manufacturing efficiencies and battery technology and over the course of the next few days, we are going to be talking about all those subjects with some of the leading experts. we have byd on the automotive side among many others. we will be diving into those themes with our most important clients here. stephen: it's not just china. that's talk about what you are doing in the asia-pacific. a bit of a different path towards china. we have seen some of the wall street banks like jp morgan, morgan stanley, goldman sachs, over the last couple of years, pulled back because the deal -- there has been a dearth of deal flows and look, there are some barriers -- protectionist barriers happening with china and the united states, that bifurcation but you have gone back into china after exiti
the ev space?tephen: bmp is committed to carbon transition. this is a great subject for us to talk about. you highlight some of those opportunities and the opportunities are in consolidation for sure but they are also in manufacturing efficiencies and battery technology and over the course of the next few days, we are going to be talking about all those subjects with some of the leading experts. we have byd on the automotive side among many others. we will be diving into those themes with our...
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May 7, 2024
05/24
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on the eve of the great victory day , veterans are honored throughout belarus and thematic events are held. the idf rejected hamas' offer and attacked the southern part of gaza, which was captured. under the control of the rafah checkpoint on the border with egypt, following the united states in amsterdam, students demand a ceasefire. transmit in real time the rhythm of modern life. the day of radio and television communications workers is celebrated in belarus. barbara radivil and bonas forrza as guides. new for the season, theatrical excursions to neslizh castle. the president of belarus will make a working visit to the russian federation on may 8-9. on the eighth, alexander lukashenko will take part in the meeting of the supreme eurasian economic council in moscow. the summit will mark the 10th anniversary of the signing of the agreement on the creation of the eac. the event will be held in a narrow and expanded format. our president will indicate his position belarus on the main issues on the agenda and will speak about the prospects for the further development of eurasian integra
on the eve of the great victory day , veterans are honored throughout belarus and thematic events are held. the idf rejected hamas' offer and attacked the southern part of gaza, which was captured. under the control of the rafah checkpoint on the border with egypt, following the united states in amsterdam, students demand a ceasefire. transmit in real time the rhythm of modern life. the day of radio and television communications workers is celebrated in belarus. barbara radivil and bonas forrza...
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home front workers receive congratulations on the eve of may 9.ina worked as a fireman at a factory for herself those who went to the fund. we grieve for those who did not return from the war, defending their native country, for those who came from victory, to death and various ills, and have passed away forever. warm words from military personnel, those who today continue the work of their ancestors, defend their homeland, all for happiness, red carnations. gratitude from grandchildren and children, sun glare on the medals, strong heroic people, our dear veterans, we congratulate you on this great holiday, on victory day, hurray, hurray, despite the fact that the traditional procession there will be no immortal regiment this year due to security reasons, this is not a reason to abandon the action completely, photo heroes can be seen on social networks, windows of houses on memory walls installed throughout russia at enterprises, universities, schools, anyone can place them. nikitina, maryana soboleva, anna lepatova, channel one. and by may 9, on
home front workers receive congratulations on the eve of may 9.ina worked as a fireman at a factory for herself those who went to the fund. we grieve for those who did not return from the war, defending their native country, for those who came from victory, to death and various ills, and have passed away forever. warm words from military personnel, those who today continue the work of their ancestors, defend their homeland, all for happiness, red carnations. gratitude from grandchildren and...
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May 13, 2024
05/24
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imported less than 11,000 ev's so chinese ev's were out of the tariff is at high level compared to europea where they have a free-trade agreement. because of this requirement they have to compete with local ev's, meaning they will undermine a core advantage on affordability. annabelle: there is debate around china, but could they look to cap mexico? reporter: definitely. in fact we already see top ev makers increasing capacity in mexico, thailand, indonesia. the primary purpose is to capture local demand driven by new policies and models and they hinted at using overseas production bases as an export hub. they're waiting to see how the collection pan though and whether the u.s. will introduce tariffs. haidi: i wonder what options are there for chinese automakers? they could manufacture offshore, but where do you see overcapacity including? reporter: i think it will prolong in china. they also resort to competitions like reducing domestic prices to capture demand. overseas market is where they see more growth. most chinese automakers looking for europe and south asian country where they ca
imported less than 11,000 ev's so chinese ev's were out of the tariff is at high level compared to europea where they have a free-trade agreement. because of this requirement they have to compete with local ev's, meaning they will undermine a core advantage on affordability. annabelle: there is debate around china, but could they look to cap mexico? reporter: definitely. in fact we already see top ev makers increasing capacity in mexico, thailand, indonesia. the primary purpose is to capture...
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May 27, 2024
05/24
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. >> every single year more americans buy evs than the year before. this is really important -- >> more quickly -- >> more americans buy evs than the year prior. two things needed for that to happen more quickly. one is the price. which is why the inflation reduction act acted to cut the price of an electric vehicle. the second is making sure we have the charging network. i want to talk about the bigger point here, and i take this personally because i grew up in the industrial midwest literally in the shadow of broken down factories from car companies that did not survive into the turn of the century because they didn't keep up with the times. >> autoworkers are concerned electric vehicles require fewer humans to manufacture. >> most important thing is that the ev revolution will happen with or without us and we've got to make sure it's american led. focused on. we don't want china -- under the trump administration, they allowed china to build an advantage in the ev industry. but under president biden's leadership, we're making sure that the ev revolu
. >> every single year more americans buy evs than the year before. this is really important -- >> more quickly -- >> more americans buy evs than the year prior. two things needed for that to happen more quickly. one is the price. which is why the inflation reduction act acted to cut the price of an electric vehicle. the second is making sure we have the charging network. i want to talk about the bigger point here, and i take this personally because i grew up in the industrial...
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May 6, 2024
05/24
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evs sector. thank you very much forjoining _ evs sector. forjoining us. — evs sector. thank you very much forjoining us, chris _ evs sector. thank you very much forjoining us, chris reed. - it's the start of a difficult week for argentina's president javier milei who's facing continued public opposition to his controversial policies. a massive transport strike today is intended to disrupt almost all forms of transport — no trains, underground, planes or shipping will run. there is another general strike planned for this thursday and these follow months of ongoing strikes over the country's economic performance. president milei promised an economic reform, a chainsaw to the previous government's policies as part of his "shock treatment" plan. argentina is now facing one of the worst economic crises in decades, with inflation and poverty continuing to rise. live now to mariano machado, principal americas analyst at verisk maplecroft. thank you forjoining us today. let's talk about the transport strikes today, the general strikes today, the ge
evs sector. thank you very much forjoining _ evs sector. forjoining us. — evs sector. thank you very much forjoining us, chris _ evs sector. thank you very much forjoining us, chris reed. - it's the start of a difficult week for argentina's president javier milei who's facing continued public opposition to his controversial policies. a massive transport strike today is intended to disrupt almost all forms of transport — no trains, underground, planes or shipping will run. there is another...
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May 8, 2024
05/24
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BLOOMBERG
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china is by far are the leading ev market in the world.reat and say ok, china is sort of a galapagos, and they worry about the rest of the world? i think toyota wants to get in the game. they need to be the equal of both byd and tesla in evs. they are working towards that. the question is can they do it? annabelle: yes, we have seen toyota for instance pairing with china's tencent. nissan will team up with baidu what do you make of those partnerships? christopher: the big change in chinese evs, particularly since the pandemic, they are viewed less as cars permitted more as devices. being associated with these tech companies is, they need to import some of that technology and know-how into their cars, especially since technology doesn't flow freely over borders these days. you need to have one solution for china and one solution for everywhere else. annabelle: that was christopher richter, senior research analyst at clsa. thank you so much for your trading insights ahead of those very closely-taught japanese auto earnings. we will have "day
china is by far are the leading ev market in the world.reat and say ok, china is sort of a galapagos, and they worry about the rest of the world? i think toyota wants to get in the game. they need to be the equal of both byd and tesla in evs. they are working towards that. the question is can they do it? annabelle: yes, we have seen toyota for instance pairing with china's tencent. nissan will team up with baidu what do you make of those partnerships? christopher: the big change in chinese evs,...
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May 14, 2024
05/24
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BBCNEWS
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vehicles in the american market. ~ ., ev vehicles in the american market. ~ . ., ., , , ev vehiclesarket. what about tariffs on solar equipment? _ market. what about tariffs on solar equipment? i _ market. what about tariffs on solar equipment? i think - market. what about tariffs on | solar equipment? i think again it is a similar _ solar equipment? i think again it is a similar issue. _ solar equipment? i think again it is a similar issue. china - it is a similar issue. china has much more ev vehicles, such an overwhelming advantage in manufacturing of solar panels, etc, and i think even though we are talking about america and china, probably the more relevant market is europe, and it is more complicated. so as we try to move to a net zero economy, it will be very difficult for europe without solar panels. america could potentially build it at great expense but it is very difficult to see how europe can grasp, grapple with net zero, but also, neuro's auto industry is dependent on china. it is a much more complicated trading relationship, both in vehicles and also the solar panels.
vehicles in the american market. ~ ., ev vehicles in the american market. ~ . ., ., , , ev vehiclesarket. what about tariffs on solar equipment? _ market. what about tariffs on solar equipment? i _ market. what about tariffs on solar equipment? i think - market. what about tariffs on | solar equipment? i think again it is a similar _ solar equipment? i think again it is a similar issue. _ solar equipment? i think again it is a similar issue. china - it is a similar issue. china has much more ev...
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May 10, 2024
05/24
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BLOOMBERG
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market, which is becoming amenable to the idea of ev's. caroline: europe has been focusing on ev's when it comes to china as well. brilliant to have you. thank you. the context with which you are trying to invest broadly, if geopolitics is a key headwind, let's dive into that. once again, more navigation by big tech companies on geopolitics. >> great question. as we get closer to the election, we will hear more about the policies both sides of the isle will be proposing and a lot of times it is felt in an outside way in certain sectors. technology and health care. higher taxes, as was noted, higher tariffs in general tends to be inflationary. will the administration want to take that step? is this more symbolic in that we don't want to enter a more meaningful trade war with china but also signaled to them they cannot be flooding the market whether it is ev's or any other good they may be trying to get into the u.s.? some of it is signaling. some of it has implications for technology. we will get more insight into how policies may unfold as
market, which is becoming amenable to the idea of ev's. caroline: europe has been focusing on ev's when it comes to china as well. brilliant to have you. thank you. the context with which you are trying to invest broadly, if geopolitics is a key headwind, let's dive into that. once again, more navigation by big tech companies on geopolitics. >> great question. as we get closer to the election, we will hear more about the policies both sides of the isle will be proposing and a lot of times...
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May 28, 2024
05/24
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BBCNEWS
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well, i think china's out the ev - think china's out the ev industry is actually emerging and if we takend 9.5 million. breaking request for nine consecutive years. ev have also become a major driver of china's export growth. in the first quarter of this year, ev exports increased by almost 24% on a yearly basis, contributing to 4.3%. i would say china stands as a high ground in this industry. stands as a high ground in this indust . , , ' industry. interesting stuff. subsidies, _ industry. interesting stuff. subsidies, brussels - industry. interesting stuff. subsidies, brussels are i subsidies, brussels are certainly upset about the chinese government's subsidies to manufacturers making it cheaper for them to build. to manufacturers making it cheaperfor them to build. that said, the rest of the world has gone to china for the past generation, for generations now, to get its good manufactured more cheaply. when it comes to those electric car makers that are now debuting on roads around the world at cheaper prices, to what extent is actually the government subsidies that are making them c
well, i think china's out the ev - think china's out the ev industry is actually emerging and if we takend 9.5 million. breaking request for nine consecutive years. ev have also become a major driver of china's export growth. in the first quarter of this year, ev exports increased by almost 24% on a yearly basis, contributing to 4.3%. i would say china stands as a high ground in this industry. stands as a high ground in this indust . , , ' industry. interesting stuff. subsidies, _ industry....
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May 15, 2024
05/24
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CNBC
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there is a third of the chinese exports of evs that come to the eu.o they have a bigger chunk of the market here. now, we know that the european commission has been looking at subsidies from chinese authorities to ev makers there, considering whether or not they were unfair to the rest of the market, and that investigation is likely to conclude this summer. so there's quite a lot of conversations in brussels about potentially seeing the eu impose tariffs on the chinese evs. when i had a chance to speak to the ambassador to the eu, he said there is a common vision between the u.s. and the deal. let's listen. >> i've sat through two summits now between the eu and the united states. none of this will come as a surprise to either side, especially to the presidents because they've talked extensively about the problem of overcapacity in the people's republic of china and how it's distorting our markets in the united states and their markets in europe. and i think the message to them from us would be the same message they would give us, which is we're going
there is a third of the chinese exports of evs that come to the eu.o they have a bigger chunk of the market here. now, we know that the european commission has been looking at subsidies from chinese authorities to ev makers there, considering whether or not they were unfair to the rest of the market, and that investigation is likely to conclude this summer. so there's quite a lot of conversations in brussels about potentially seeing the eu impose tariffs on the chinese evs. when i had a chance...
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May 5, 2024
05/24
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BELARUSTV
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i was lucky enough to be in the cathedral on the eve of easter, on good friday.val of the shroud. we will now find out what this means and how important this tradition is. good friday is considered the saddest day. in the church calendar. according to the bible, on this day jesus christ was crucified on the cross. the shroud itself is a piece of fabric, on which depicts jesus christ lying in the tomb in full height. in fact, this is a copy of the linen in which the savior’s body was wrapped. usually the removal of the shroud occurs at 2-3 o'clock in the afternoon; it is generally accepted that it was at this time that jesus died. the shroud is taken out of the altar and placed in the center of the temple on a raised platform, decorated with flowers and paved. incense. the gospel is placed in the middle of the shroud. matins begins as a funeral service. afterwards, the temple is illuminated and the news of the myrrh-bearing women who came to the tomb is proclaimed. during the service the shroud they carry it around the temple and sing to the holy god. at the end,
i was lucky enough to be in the cathedral on the eve of easter, on good friday.val of the shroud. we will now find out what this means and how important this tradition is. good friday is considered the saddest day. in the church calendar. according to the bible, on this day jesus christ was crucified on the cross. the shroud itself is a piece of fabric, on which depicts jesus christ lying in the tomb in full height. in fact, this is a copy of the linen in which the savior’s body was wrapped....
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May 13, 2024
05/24
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BLOOMBERG
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as you noted, people are not yet buying chinese ev's.oline: when you are thinking about special competitiveness in particular, the product that you focus in on, all of this is undermining ultimately the efficiency of global trade. subsidies here, tariffs there. this inter-mediating the national flow of things. is this necessary from your perspective to ensure that u.s. remains competitive when it comes to key industries? liza: there has been this national debate of efficiency over resilience. the lessons from kobane, russia's invasion of ukraine, other global supply chain crises we have had in the past few years, economic efficiency is not the only thing we need to think about as a nation. there have been increasing discussions of resiliency and what steps we need to take as a nation to make sure that we continue to build emerging technologies here in the united states. we have suffered from massive de-industrialization over the last several decades as we have outsourced the production of our technology to east asia, especially china. no
as you noted, people are not yet buying chinese ev's.oline: when you are thinking about special competitiveness in particular, the product that you focus in on, all of this is undermining ultimately the efficiency of global trade. subsidies here, tariffs there. this inter-mediating the national flow of things. is this necessary from your perspective to ensure that u.s. remains competitive when it comes to key industries? liza: there has been this national debate of efficiency over resilience....
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May 29, 2024
05/24
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BLOOMBERG
tv
eye 38
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our main competitors, in the ev fields of course you have tesla. in the old technologies, the german three, the audi are a reference. we are working hard. the way we made it today, it's remained faster. matt: i have spoken to analysts who say that part of the key to your success is your strong relationship with the dealer network. at domestic automakers when they talk about adm's and talking about selling directly to consumers, but dealers are very happy to sell hyundai, kia, genesis. how do you keep the relationship strong and the bad times? jose: we praise the dealers and the members of the dealer advisory board, genesis and hyundai. they have been with the brand for many years now. they have seen the evolution of the brand. at this moment they are supportive of the strategy that our executive chair established for the global operations. generally we have a good intention. as results have been better, we were able to with dealers happier than before, making more money, investing. the retail advisory board, telling me recently that it's not a matt
our main competitors, in the ev fields of course you have tesla. in the old technologies, the german three, the audi are a reference. we are working hard. the way we made it today, it's remained faster. matt: i have spoken to analysts who say that part of the key to your success is your strong relationship with the dealer network. at domestic automakers when they talk about adm's and talking about selling directly to consumers, but dealers are very happy to sell hyundai, kia, genesis. how do...
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May 10, 2024
05/24
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BLOOMBERG
tv
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ev plays under pressure on the back of the biden administration set to impose tariffs on ev's and other the yuan is trading. slightly weaker verses the u.s. dollar. the yuan fix remains tight. we talked about the ev plays, this is a -- we are also keeping an eye on property stocks. china property sectors -- property starts getting a lift. on the back of cities removing the restrictions on sales, lifting sentiment at the same time. as china goes to lunch, japan is back from lunch. the nikkei two to inching upwards. up by .5%. front and center it is about the yen and when we might see intervention or might we see the boj intervene. the nikkei to 2-5 up .5%. topix is also up. and it is also a busy week for earnings in japan. take a look at some of those that we are tracking. japanese earnings with a focus on automakers. nissan swinging. it post a forecast that beat expectations. honda investors will be watching for strong profit guidance for the fiscal year after a robust fourth-quarter. analysts expect a share buyback. mazda boosting its operating income guidance for the year earlier this
ev plays under pressure on the back of the biden administration set to impose tariffs on ev's and other the yuan is trading. slightly weaker verses the u.s. dollar. the yuan fix remains tight. we talked about the ev plays, this is a -- we are also keeping an eye on property stocks. china property sectors -- property starts getting a lift. on the back of cities removing the restrictions on sales, lifting sentiment at the same time. as china goes to lunch, japan is back from lunch. the nikkei two...
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May 10, 2024
05/24
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CNBC
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. >>> one china ev maker with the sector wide crackdown. from his it's friday, may 10th, 2024. you're watching "worldwide exchange" right here on cnbc ♪ >>> good morning and welcome to "worldwide exchange. we are coming to you live from cnbc london for the last day thank you for being with us today and the entire time we have been here in london we will kickoff the hour with the positive session of stocks yesterday. look at futures in the green across the board the dow would open up 125 points higher ahead of the open, the dow is riding a seven-session win streak we are checking the bond market with the ten-year yield falling below 4.5% following the stronger than expected initial claims data. the benchmark at 4.44% the two-year note at 4.81% the energy market shows oil below $80 a barrel wti trading at $79.60. brent crude is up .13% >>> that's the set up. we turn our attention back to london we're at all-time highs with the uk growth. silvia amaro is here with me fresh records with the boards and bond yields easing it is a goldilocks situation >> let me tell you the news that
. >>> one china ev maker with the sector wide crackdown. from his it's friday, may 10th, 2024. you're watching "worldwide exchange" right here on cnbc ♪ >>> good morning and welcome to "worldwide exchange. we are coming to you live from cnbc london for the last day thank you for being with us today and the entire time we have been here in london we will kickoff the hour with the positive session of stocks yesterday. look at futures in the green across the...
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May 22, 2024
05/24
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CNBC
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on the ev side they've got -- evs in the 20 to $30,000 range, 30 to $40,000 range just coming to markets month and so now we 'going to see a real alternative after tax incentive you have $29,500 equinox that's a really nice car. and a lot of us have been driving it and fell in love with it, 310 miles of range for that price. >> on the charging network in general, does tesla's de-emphasis of that business mean there's going to be range anxiety as a result? >> that was a head scratcher letting that team go on a critical piece of tesla strategy but the u.s. and foreign manufacturers have come together to form their own supercharging network and they're now rolling out superchargers. you see a shift from tesla building that network to all car companies building that network. but we have to get ahead or at least catch up to demand so we can offer that charging everywhere. >> does the industry expect any changes if we do get a change in the administration after the elections or change in congress? given the ira, the emphasis from the biden administration on evs? >> there's a lot of, i think,
on the ev side they've got -- evs in the 20 to $30,000 range, 30 to $40,000 range just coming to markets month and so now we 'going to see a real alternative after tax incentive you have $29,500 equinox that's a really nice car. and a lot of us have been driving it and fell in love with it, 310 miles of range for that price. >> on the charging network in general, does tesla's de-emphasis of that business mean there's going to be range anxiety as a result? >> that was a head...
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May 13, 2024
05/24
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BLOOMBERG
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made the automobile industry is sort of losing its nerve toward ev's.hat is the back story when it comes to these terrorists. we are hearing from sources that the biden administration will raise the tariffs on chinese made ev's to 102.5%. they're also good to a doubling or tripling of duties on other products made in china, whether that is solar cells, batteries, steel, and aluminum. there might be a bit of reprieve for solar cell manufacturing commitment as that is been asked for by the industry. haidi: does this define trade from what we have heard from trump? >> trump once i tougher trade regime and he mocked a's goal -- biden's goal. he said he would raise it up to 200% and warned of chinese manufacturers making ev's in mexico and under the u.s.-mexico-candida agreement exporting them to the united states. he would put 200 percent tariffs, and trump said he wants to impose a across the board 60% tariffs on all chinese imports. we will have to see whether that is a significant talking point on that came pain -- on that campaign. haidi: don't miss our
made the automobile industry is sort of losing its nerve toward ev's.hat is the back story when it comes to these terrorists. we are hearing from sources that the biden administration will raise the tariffs on chinese made ev's to 102.5%. they're also good to a doubling or tripling of duties on other products made in china, whether that is solar cells, batteries, steel, and aluminum. there might be a bit of reprieve for solar cell manufacturing commitment as that is been asked for by the...
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May 16, 2024
05/24
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BLOOMBERG
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whether low cost evs are offered by chinese brands but there is a market for.segment they are interested in. this segment this ego listen, that's not much of a threat to u.s. automakers. elizabeth: that is a very small segment. that doesn't mean they can't rank their lust cost to other segments but when you asked the question is there an appetite for super low cost ev. type of vehicle would fit within that category of vehicle. david: in march i read it's not the price point as the charging station people invoking that is a recent to be hesitant. we survey over 2000 vehicle shoppers to gauge their interest and ev's and we look at the top reason for rejection those who say not interested in an ev they say charging locations and prices a second. there is a learning curve to owning and evm figuring out where to charge, how frequent to charge and how much to charge. charging may not be truly unavailable but charging is too much of an unknown and same goes for price. the savings with the ev incentives and maintenance off -- and often offset that price. infrastructure
whether low cost evs are offered by chinese brands but there is a market for.segment they are interested in. this segment this ego listen, that's not much of a threat to u.s. automakers. elizabeth: that is a very small segment. that doesn't mean they can't rank their lust cost to other segments but when you asked the question is there an appetite for super low cost ev. type of vehicle would fit within that category of vehicle. david: in march i read it's not the price point as the charging...
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May 10, 2024
05/24
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BLOOMBERG
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we are seeing it now in ev's.nveil new tariffs on china next week targeting key sectors including ev's, batteries, and solar panels. josh wingrove joins us now for more. fantastic story, enjoyed their media. what are you and the team learning about what we may hear next week? josh: right now we are just trying to figure out the scope of this. this has been going on for some time. since 2022 they been doing this review. the question was how high with a ratchet it up, when they offset it with the client and other less critical sectors to try to make it a wash? doesn't look like that will be the case. certain key sectors will see tariffs rise either from existing levels, or from zero, depending on what they are, including electric vehicles, solar cells, batteries. we don't know the levels that they will go to. on the flipside, other tariffs are pretty much maintained. no offsetting declines of some of those original trump tariffs. biden is looking to go tougher on china while also stopping short of what trump wanted,
we are seeing it now in ev's.nveil new tariffs on china next week targeting key sectors including ev's, batteries, and solar panels. josh wingrove joins us now for more. fantastic story, enjoyed their media. what are you and the team learning about what we may hear next week? josh: right now we are just trying to figure out the scope of this. this has been going on for some time. since 2022 they been doing this review. the question was how high with a ratchet it up, when they offset it with the...
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May 24, 2024
05/24
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CNBC
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on chinese evs. more cautious this could have they depend more on selling products to china and worried about entering a tit-for-tat trade war. that is interesting to put to the freinance minister and if te were entering the tit-for-tat cycle and entering a trade war >> we should avoid the trade war. a trade war is neither in the interest of u.s. or china nor europe nor any country in the world. nevertheless, we have an issue with the unfair trade practices and the high level of subsidies and the overcapacities and i'm also the finance minister in charge of the economy. i will not spare to defend the interests and defend the workers and the individual plants. i don't want all of the efforts that we have undertaken with president macron to put new industries and new workers and new jobs in france on seven years of constant economic policy to make france more a track tive i don't want what we have done together to be jeopardized by unfair trade practices or by industry overcapacity. we are thinking on
on chinese evs. more cautious this could have they depend more on selling products to china and worried about entering a tit-for-tat trade war. that is interesting to put to the freinance minister and if te were entering the tit-for-tat cycle and entering a trade war >> we should avoid the trade war. a trade war is neither in the interest of u.s. or china nor europe nor any country in the world. nevertheless, we have an issue with the unfair trade practices and the high level of subsidies...
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May 4, 2024
05/24
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BELARUSTV
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on the eve of the holiday, representatives of the belarusian red cross and the ministry of labor andprotection visited ivan likhosherst. from the first days of the war, he was a platoon commander of the second ukrainian front. during the battles he was wounded, but celebrated victory in his homeland. in token of volunteers presented the veteran with gifts and treats. we come to veterans' homes not only to talk with them, to learn their unique history, to find out what they know and remember, and to share these stories with the younger generation. this is not the first day we have been carrying out this campaign and we see very positive responses, this is pleasant, and even more so. it’s nice to see that the veterans are cheerful, that they are celebrating the holiday the way winners should be greeted. bel-tv and radio company joined the events dedicated to the eightieth anniversary of the liberation of our countries from fascist invaders. tv channel belarus 24 together with famous athletes, functionaries and students of the university of physical culture covered a route of 7.5 km. fr
on the eve of the holiday, representatives of the belarusian red cross and the ministry of labor andprotection visited ivan likhosherst. from the first days of the war, he was a platoon commander of the second ukrainian front. during the battles he was wounded, but celebrated victory in his homeland. in token of volunteers presented the veteran with gifts and treats. we come to veterans' homes not only to talk with them, to learn their unique history, to find out what they know and remember,...
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May 6, 2024
05/24
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BELARUSTV
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in general, i want to note that the convicts are very hospitable with pleasure, on the eve of easter into their house and show you how they prepare for it... oh, easter begins right from the entrance, look, huge tree, easter eggs are hung on it as decorations, in general this is a wonderful catholic tradition, eggs are usually not only hung on trees, but they also hide it somewhere for the kids to look for. today i am also on a search, but unlike children, i am not looking for eggs, but for easter recipes. marina, thank you for your hospitality, for allowing me to become part of your family on the eve of easter, and since i’m part of the family, why not cook something delicious, and i came to you, i won’t hide the easter secret rolls, perch stage - we will knead the dough, to prepare the dough, mix 100 ml of warm milk, yeast, a spoonful of sugar and a spoonful of flour, after which the dough is infused in a warm place about an hour, the dough is ready, we move on to the dough! we need to mix 200 ml of milk, three eggs, five tablespoons of sugar and a pinch of salt, then beat it all w
in general, i want to note that the convicts are very hospitable with pleasure, on the eve of easter into their house and show you how they prepare for it... oh, easter begins right from the entrance, look, huge tree, easter eggs are hung on it as decorations, in general this is a wonderful catholic tradition, eggs are usually not only hung on trees, but they also hide it somewhere for the kids to look for. today i am also on a search, but unlike children, i am not looking for eggs, but for...
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May 8, 2024
05/24
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RUSSIA24
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in sofia, on the eve of victory day , the russian house held a traditional meeting with russian veteransho live in bulgaria, but the city hall officially banned the march of the immortal regiment, scheduled for may 9. in the united states, the immortal regiment marched on the territory of the russian embassy in washington. the immortal regiment was held by the russian embassy in ghana, kenya and ethiopia. in india, a memorial ceremony, as well as the immortal regiment and st. george's ribbon events took place. including in sri lanka and cambodia; in bangladesh, the immortal regiment adopted the format of a motor rally, with more than 200 people participating in cars and motorcycles. day victory, victory day, in germany itself may 8 and 9 are working days. employees of the russian embassy laid flowers at the monument to the soviet liberating wars at the dresdon memorial military cemetery. there are more than 400 soviet military graves in germany and the number of cases of vandalism is growing. although not at the same pace as in eastern europe. chancellor olaf scholz commented on the seve
in sofia, on the eve of victory day , the russian house held a traditional meeting with russian veteransho live in bulgaria, but the city hall officially banned the march of the immortal regiment, scheduled for may 9. in the united states, the immortal regiment marched on the territory of the russian embassy in washington. the immortal regiment was held by the russian embassy in ghana, kenya and ethiopia. in india, a memorial ceremony, as well as the immortal regiment and st. george's ribbon...
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May 3, 2024
05/24
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BELARUSTV
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on the eve of may day, i received financial assistance received 8.371.han 10.5 million rubles. let me note that payments have been doubled. on the eve of the holiday, representatives of the belarusian red cross and the ministry of labor and social protection visited ivan likhosherst from the first days of the war. he was the commander of the second platoon. we come to the homes of veterans not only to talk with them, to find out their unique history, to find out what they know, remember, to share these stories with the younger generation, this is not the first day we have been carrying out this action and we see very positive responses, this nice. the importance in general of remembering what we avoided thanks to what our grandfathers, our grandmothers, great-grandmothers, great-grandfathers did, the fact that we now live in such a beautiful country, and i myself, i am the mother of four children, and i am constantly with them i’m talking about this, we visit our monuments, we all know that times are difficult, and now we must appreciate this even more,
on the eve of may day, i received financial assistance received 8.371.han 10.5 million rubles. let me note that payments have been doubled. on the eve of the holiday, representatives of the belarusian red cross and the ministry of labor and social protection visited ivan likhosherst from the first days of the war. he was the commander of the second platoon. we come to the homes of veterans not only to talk with them, to find out their unique history, to find out what they know, remember, to...
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May 2, 2024
05/24
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CSPAN2
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last time you were here i remember we talked about ev and ev mandates coming forward. being former governor of michigan, great appreciation for the american automotive industry moving forward. in my concern, that the ev mandates, going to make inefficient to the automotive industry, for example after the inflation reduction act forward motor company made a decision to build two battery plants, now that the market is moving forward they will go forward with, finishing both, going forward with one and you hear dealers talk about people don't want the cars now and the issue, you are experiencing, jim farley had experience of having access to batteries, battery charging so this gets to my question. every time we bring up we are going to go to electric cars mandate but don't have enough charging, don't have enough lithium, all this stuff, we get called naysayers in the system but they are real issues for real people when they make decisions whether or not to buy a car. you can call us naysayers but if i am somebody who wants to buy an electric car got to figure out how far
last time you were here i remember we talked about ev and ev mandates coming forward. being former governor of michigan, great appreciation for the american automotive industry moving forward. in my concern, that the ev mandates, going to make inefficient to the automotive industry, for example after the inflation reduction act forward motor company made a decision to build two battery plants, now that the market is moving forward they will go forward with, finishing both, going forward with...
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May 3, 2024
05/24
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KNTV
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and this silicon valley city says with its new ev trucks, even a new ev police car, it's just getting started. since we own a silicon valley power, our rates are a lot lower than pg and e, so it makes sense to charge your vehicles. here in the city of santa clara, you get a huge discount already aiming to put chargers in parks like this one. very near multifamily housing like this, where chargers can be tough to come by because people come here as an amenity to play, to charge, to, right near the multifamily homes, it really does help a similar plan is in the works in downtown oakland, where a tech company called flash just got $5.8 million from the california energy commission to put more than 400 electric chargers downtown. the slower level two charging makes a lot of sense for someone that's going to an event and will be there for a few hours, or someone that lives in the area and they're using this garage, for, you know, where they live or workplace, bringing the charge to where the cars already are now, santa clara says it will offer incentives to make charging less expensive for
and this silicon valley city says with its new ev trucks, even a new ev police car, it's just getting started. since we own a silicon valley power, our rates are a lot lower than pg and e, so it makes sense to charge your vehicles. here in the city of santa clara, you get a huge discount already aiming to put chargers in parks like this one. very near multifamily housing like this, where chargers can be tough to come by because people come here as an amenity to play, to charge, to, right near...
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May 6, 2024
05/24
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CNBC
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. >> we will hear from the head of volkswagen america how strong the demand about ev's in the u.s. the dow is hanging onto a small gain. the nasdaq with the biggest percentage gain of the three. is up .8%. the nasdaq a little more than 1% away from the all-time high. for scott we have a development on the proposed cease-fire between israel and hamas. and israeli official says the proposal that hamas has agreed to is not the framework it was agreed upon with mediators. israel is examining the proposal and will respond. what we heard earlier is that an official said they would accept a cease-fire ahead of israel attacking the stronghold of rough. they issued evacuation orders. we've heard in the past that you have egypt and qatar trying to get to a cease-fire agreement. hamas has announced and accepted the proposal on the table but the proposal that they've agreed to is not accepted to israel. we will follow the details on the situation. >>> a key question on stocks is if they can get to record highs. and who better to emulate than warren buffett. in honor of his annual shareholder m
. >> we will hear from the head of volkswagen america how strong the demand about ev's in the u.s. the dow is hanging onto a small gain. the nasdaq with the biggest percentage gain of the three. is up .8%. the nasdaq a little more than 1% away from the all-time high. for scott we have a development on the proposed cease-fire between israel and hamas. and israeli official says the proposal that hamas has agreed to is not the framework it was agreed upon with mediators. israel is examining...