just in dollar terms, but in the cost to the planet in creating these batteries. so the question is do evs actually add up to benefit the planet in the long term? yes, they definitely do. if you look at an electric vehicle, number one, you don t have the air pollution issues that you have with internal combustion engines. and air pollution causes millions of deaths all around the world every year. in addition, charging an electric vehicle from renewable energy is much better for the planet than internal combustion engine. as the world moves more towards renewable energy sources and away from fossil fuels, evs will become more and more clean and better for the environment in the long run. henry, at what point does driving an ev pay off, where the savings on carbon emissions outweigh the emissions created in making the car and the batteries? replacing the 2 million vehicles on the road and what
but i think maybe the goals that we have set for heavy vehicles and so on for 2030, i think we have to move on quickly. but i think for passenger cars, it s.| think we will reach our goal. well, on that point, cecilie knibe kroglund, the state secretary of the norwegian ministry of transport, great to have you on the show. thanks for your time, and we ll talk to you soon. thank you. 0k, as most of you know, electric vehicles, they carry a pretty hefty price tag. but did you know as much as 40% of that cost is down to the battery? so are those higher ev costs here to stay? well, to find out, i ve been speaking with the executive editor of benchmark mineral intelligence. henry sanderson, thanks for your time. henry, i want to start with the critics of electric vehicles who talk about the huge cost, notjust in dollar terms, but in the cost to the planet
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the factory of the world, many of whose goods travel through the red sea towards europe. export data for december has been published today. it shows that over 2023 as a whole, chinese exports to the rest of the world fell for the first time in seven years. but data for december alone was better than expecations, rising 2.3% in dollar terms. meanwhile, china s consumer prices continued to decline for a third month, while factory gate prices also fell. so, how worried should china be about the disruption to shipping? claire huang, chief strategist at the amundi institute, shared her thoughts with us. we expect the impacts from the supply chain disruption to be very temporary, orjust like an episode in covid. and we ve already seen some degree of recovery as we move towards the end of 2023. and this year, like the other asian