In the latest fighting, israel has bombed a building in central beirut. Both Israel And Hezbollah have reported a second day of intense fighting on the ground in southern lebanon. Oil prices jumped on tuesday over supply fears, with markets regAining ground as investors seemingly come to terms with the escalation in tensions. Lets have a quick look at the price of oil, once agAin today, more than a i once agAin today, more than a i increase, the price of oil just below 75 per barrel. It would look at the Share Markets in asia, its an interesting picture were seeing. Japan is seeing a bigjump, Over2 because of the yen has weakened significantly on anticipation of what might happen in the japanese Economy But Hong kong is down over 3 . Big profit taking going on in hong kong, over the last few days there we have seen rapid increases on these markets in response to chinese stimulus so chinese stocks have had a real rise in recent days. Today, profit taking going on there but elsewhere, as
The expo could also see the return of EV maker Great Wall Motors to India, while American car manufacturer Ford, a company that had paused its sales and business about two years ago, is also likely to announce a comeback at the mega exhibition next month.
Europe s Electric Vehicle: The competitive threat has spurred the European Union to launch an investigation into Beijing s support for its EV industry. That adds to tech-related tensions between the West and China, which is one of Europe s biggest trading partners and the world s biggest auto market.
China s BYD on Friday said it will start selling its second electric vehicle model in Japan this month, as it seeks to secure a foothold in a market that has given rise to some of the world s best-selling auto brands. BYD, which stands for Build Your Dreams, will also announce Dolphin pricing on that date. The model starts from 116,800 yuan (USD 16,092.14) in China.
China s BYD Co has proposed a $1 billion investment in India to establish manufacturing facilities for electric vehicles and batteries. BYD plans to collaborate with a local company in India for this venture and aims to establish a comprehensive range of electric vehicles in the country.