The CIA is working to rebuild its network of spies in China after Beijing caught and killed many of its agents a decade ago. As China vows countermeasures, will the agency pull it off this time? Streets lie vacant and sirens sound across northern Taiwan. A half-hour evacuation drill aims to prepare residents for natural…
Beijing Hits Back at CIA Chief’s Remark on Rebuilding Spy Network in China
ANALYSIS: The Troubled Reality of China’s EV Industry
A quick scan of global news this week revealed almost universally glowing reports about China’s electric vehicle (EV) industry. A Wall Street Journal article calling it a “triumph of Beijing’s industrial policy” was just one of several articles touting China’s lead in the electrification of the auto industry. Despite the rosy headlines, however, experts say…
Major Automakers React Negatively to EPA’s ‘Overly Optimistic’ Electric Vehicle Push
Multinational carmakers Stellantis and Toyota criticized the U.S. Environmental Protection Agency’s (EPA) “extreme” plans to promote vehicle electrification, which they warn is unrealistic and gives rise to a host of issues, including an increase in mining. On April 12, the EPA announced new rules aimed at cutting down greenhouse gasses and other pollutants in motor…
Major Automakers Criticize EPA’s ‘Extreme’ Electric Vehicle Push
Multinational carmakers Stellantis and Toyota criticized the U.S. Environmental Protection Agency’s (EPA) “overly optimistic” plans to promote vehicle electrification, which they warn is unrealistic and gives rise to a host of issues, including an increase in mining. On April 12, the EPA announced new rules aimed at cutting down greenhouse gasses and other pollutants in…
10 Tonnes of Mining Needed for One EV, CEO Reveals True Cost of Net Zero
June 30, 2023
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BRISBANE—Business leaders at the World Mining Congress have revealed the sheer scale (and urgency) of new mining activity needed to make net zero societies feasible. The climate change movement—supposed to be about protecting the environment—will, in fact, spur mining companies to go “deeper, bigger, and faster” to meet the demand for critical minerals like lithium…
IN-DEPTH: Biden’s Green Energy Plan Draws Fire as China’s Mineral Dominance Looms
The Biden administration has defended its alternative energy push as a way to counter the Chinese regime’s dominance in critical minerals but critics say the president’s own policies are undermining the U.S.’s pursuit of energy independence. Recent weeks have shown President Biden attempting to galvanize international cooperation and protect domestic energy producers as part of…
Leasing vs. Buying an Electric Vehicle
Owning a car is a no-brainer for most people. You shop around, look for financing, and then purchase it. It’s yours, and, as opposed to leasing, eventually, you won’t have a car payment. But if you’re interested in an electric vehicle (EV), buying may not be the best option. The 2022 Inflation Reduction Act may…
NTD News Today (June 26): European Leaders, Moscow Residents Address Wagner Mutiny; Trump: EV Push ‘Decimation’ for Michigan
June 26, 2023
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European leaders are addressing the situation after an aborted coup by the Wagner group in Russia over the weekend. Russian President Vladimir Putin maintained his silence on the events at a planned address. Former President Trump slammed the electric vehicle industry during a keynote speech in Michigan over the weekend. He cautioned that the state’s auto…
Chinese Automakers Start EV Price War in Australia
Two Chinese car manufacturers have sparked an electric vehicle (EV) price war in Australia with their plans to roll out “the most affordable” electric car on the market this week. On June 19, MG Motor, which Chinese automaker SAIC Motor owns, announced the release of an entry-level model for its MG4 electric SUV at $38,990 (US$26,500),…
Florida Restricts Direct Car Sales for Legacy Automakers, Allows Exceptions for Tesla
Gov. Ron DeSantis (R-Fla.) recently signed a new law that limits most car manufacturers from selling vehicles directly to the public, while providing advantages to EV makers such as Tesla, Lucid, Rivian, and Polestar. The legislation, set to be enforced from July 1, imposes obstacles for major car manufacturers, which are prohibited from bypassing independent dealerships…
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