At the moment, deliveries for this year are likely to be less than last year. A challenging environment, the ev market globally is slowing and lots more competition is rising particularly in china which can make Electric Vehicles at low cost. Talk to me about Electric Vehicles at low cost. Talk to me about that Electric Vehicles at low cost. Talk to me about that competition, if people are thinking of making a switch, given the cost of living crisis, they might think they cant afford tesla, they should go for a cheaper chinese one, is that hurting the bottom line . We cheaper chinese one, is that hurting the bottom line . The bottom line . We are seeing a wave of chinese the bottom line . We are seeing a wave of chinese cars the bottom line . We are seeing a wave of chinese cars in the bottom line . We are seeing a wave of chinese cars in europe, l the bottom line . We are seeing a l wave of chinese cars in europe, the ports are full of chinese Electric Vehicles. They are not only chea
World Bank Provides $175M Catastrophe Bond for Mexico s Hurricanes
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World Bank Issues $175 Million in Catastrophe Bond for Mexico s Pacific Hurricane Risk - Mexico
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On cheaper Labour Costs or favourable tax regimes. But what happens when that shifts back the other way . Its called near shoring and its Given Mexico a major boost as the Trade War between china and the us hots up. Scores of chinese companies have been taking advantage of conditions in Northern Mexico to get around us sanctions on chinese goods by making those same products in mexico instead. At the same time, some big us firms have relocated from asia to mexico. So what are the pros and cons . 0ur Mexico correspondent, will grant, reports. Made in mexico but owned by china. The sofas of the Manoa Furniture Company are part of the buzzword in Mexican Business Near shoring. This is one of scores of chinese companies relocating to Industrial Parks in Northern Mexico to bring production closer to the us market. As well as saving on shipping, the final product is considered 100 mexican, meaning they avoid tariffs and sanctions imposed