Podcasts about shenzhen stock exchange

Far East Gold Ltd (ASX:FEG, OTC:FEGDF) CEO Shane Menere joins Proactive's Tylah Tully to discuss the first $6.4 million tranche the company has received from Xingye Gold (Hong Kong) Mining Company Limited, marking a significant step in a strategic investment agreement. Xingye Gold, a subsidiary of Inner Mongolia Xingye Silver & Tin Mining Co. Ltd, has secured all necessary Chinese regulatory approvals, enabling the transfer of A$6,391,669.60 to FEG. This tranche is part of a three-stage conditional share placement valued at more than A$14 million, aiming to provide Xingye with a 19.99% stake in FEG at A$0.20 per share, a 47% premium over recent pricing. Menere highlighted this investment as a pivotal milestone, aligning with recent strategic acquisitions and strengthening the company's access to funding, technical expertise and partnership opportunities. Xingye, China's largest silver producer with a Shenzhen Stock Exchange listing and market capitalisation exceeding A$4 billion, brings experience in progressing greenfield mining projects to production. This collaboration supports FEG's goal of advancing its asset portfolio through to production, with provisions for potential future investments. #ProactiveInvestors #FarEastGold #ASX #OTC #Xingye #MiningInvestment #GoldMining #StrategicPartnership #ASX #SilverProduction #MiningIndustry #GreenfieldProjects #NaturalResources #ChinaMining #CorporateInvestment #GoldExploration #MiningNews #FinancialMilestone #ShenzhenStockExchange #InvestmentTranche #TechnicalExpertise #AssetDevelopment #CapitalRaising Far East Gold receives $6.4 million from Xingye

Sign up to get the details on Jason's FREE Webinar on how to use Options to simulate an insurance policy on your 401(k). This surprisingly easy, intuitive technique is a cost efficient way to use a separate investment account to protect your 401(k) assets from downside risk. [It also works if most of your assets are in an individual brokerage account rather than a 401(k)]. You don't want to miss it. Enter your info on the contact page and in the message box, type the word "Options": www.thelakestreetreview.com/contact Jason is an early investor of the Lake Street Review, and a Senior Associate at a major U.S. Non-Bank Financial Institution. His primary role is Trade Lifecycle Management on about $500 billion in short-term and long-term debt, Repo, Treasury bonds, and Interest Rate Derivatives. He has worked on the transition away from LIBOR over the last three years, which the global market completed in July of this year. In this episode, Jason assesses market conditions, discusses the deflationary state in China and its potential impact on the U.S. economy. He also discusses the mechanisms of options and futures trading and their implications in financial markets. WARNING: - The material given in this episode on Options and Futures is not sufficient to qualify listeners to go out and trade these types of derivative contracts. If you are seriously considering the use of these tools, please go to our contact page and write "consult" to get education from professionals on how to manage them responsibly. CORRECTIONS: Investment Research Analyst Lynn Alden appeared on Palisades Gold Radio with Tom Bodrovik, not "Gold, Goats, and Guns". It's highly informative for anyone looking for a big picture perspective on inflation and deflation, here is the link: https://open.spotify.com/episode/4xAlW7miub36yituPkvMbT?si=TSioOAlaTtGcAk8dkvxQAA And her website: https://www.lynalden.com/ CLARIFICATIONS: Germinal: team "Soft Landing" - Expects the US economy to continue to expand Jason: team "Recession" - Expects the US, Europe and South America to have negative growth in production and employment in the next calendar year. Notes and Links from the Conversation Let's recap the major economic events out of China over the last few years: March 2020 - Strictest lockdowns in the world are enacted - we later found out that apartment building doors were welded shut to keep people inside August 2020 - China banking regulators start to crack down on real estate lending with "three red lines". They introduced caps on debt ratios for major financial institutions June 2021 - Evergrande has to cut down its debt Buyers of Evergrande's commercial paper start to claim they have not received payments August 2021 - construction developments halted as Evergrande struggles to make payments on debt. January 2022 - holders of Evergrande retail wealth management products protest offices around the country All that is to say - we've known there's been a downturn in the property development market in China for a long time - that real estate development has been a big driver of demand for heavy industrial and energy commodities over the last decade and a half. 5/17/2023 -  BE report estimates about 11.2 percent of real estate debt in China to be "At risk of Default". Another 37.1 percent are already in default (classified as defaulters). Analysis of 186 listed developers  - borrowing that has been defaulted upon or is at risk is estimated to be 48% of total borrowing. https://news.bloomberglaw.com/capital-markets/china-faces-property-debt-defaults-worth-12-of-gdp-be-says 8/12/2023 "Credit data for July released Friday showed a slump in demand from businesses and households to borrow money for the future". Yes - a slump - of 89%, to 345.9B yuan in new local currency bank credit in July. Reuters reported that this is the biggest slow down since 2009.  https://www.cnbc.com/2023/08/14/china-economy-new-loans-fall-property-fears-low-consumer-sentiment-.html 8/13/2023 Country Garden has liabilities of 194 billion dollars as of year end 2022. That's about 1 percent of China's 2021 dollar GDP wrapped up in one company. The company announced it will suspend trading of its 11 onshore bonds from Monday, according to filings to the Shenzhen Stock Exchange on Saturday. The company missed coupon payments on two US dollar bonds last week. https://www.cnbc.com/2023/08/14/china-country-garden-to-suspend-trading-of-onshore-bonds-from-monday.html 8/14/2023 PBOC lowered one year policy interest rate by 15 basis points. The PBOC is a bit different in that it has two policy rates, one for seven days and one for a year. July data showed consumer spending, industrial output and investment slowing, with unemployment rising. China hasn't had a rate hike since 2019, indicating that the central bank's inclination over the last 4 years has been more stimulative than anything else. https://www.bloomberg.com/news/articles/2023-08-15/china-central-bank-unexpectedly-cuts-key-rates-as-economy-slumps Crude oil was supposed to get some momentum out of the reopening, but that trade broke down quite fast. Crude has traded sideways in a range of $68 to 82-83 dollars all year. Another simple corollary to economic growth is the country's treasury yields. The logic there being that a rising risk free rate indicates that investors are selling bonds and taking more risk.. That increasing taking of risk feeds the supply of credit, which is the biggest driver behind what macro economists call "Aggregate Demand" Well if we look at that in the case of China… Yields have been in a slump since November of 2020. When the reopening narrative was still strong we saw the yield rise from 2.6 to 3 by February 2023, but today the market came within only 8 basis points of its all time (pandemic) low of 2.52. That doesn't look good. And this is the cool thing about the bond market. We don't know what kinds of economic downward revisions are ahead of us for the months that have already passed. China's stats bureau will publish a more accurate reading of those stats we mentioned sometime next year. We didn't know that employment had slowed until a few days ago. But if you had only taken macro cues from the general direction of the 10 year China bond yield, you would've concluded, "something's probably wrong with the economy over there". There are actually more prices we could look at as well, but we'll focus on currency. The US dollar index hit 114 in the bottom of last year's bear market. In the last month it's gone from 99.8 to 103.2. The Yuan has lapsed Macro implications for other countries. What's the bond market signal look like for the US? If the 10 year yield can close above 4.22 for about a week - multiple trading sessions, I'd revise my view on the macro economy which is that we're more likely to see a recession in the next two quarters than we are further out. 4.284 is the level we closed at today - which is interestingly the same level it stalled out at on June 27th 2008. But that wouldn't necessarily be great for stocks - because they tend to move  Related article: Earlier this year, Bank of America (BAC) compiled a list of the S&P 500 companies with the highest exposure to China. Topping the list was Las Vegas Sands (LVS), down nearly 6% this month, with 68% of its sales coming from China. Qualcomm (QCOM), with a 67% exposure rate to China, issued disappointing forward guidance during earnings last month, citing China's slow recovery.Tesla, Intel, Nvidia (NVDA), Wynn Resorts (WYNN) and MGM Resorts (MGM) were also among the 25 S&P 500 companies with the most exposure to China. Companies that generate more than 50% of sales outside of the United States saw an earnings decline rate of -10.2% in the first quarter of 2023, according to FactSet data. Companies that generated more than 50% of sales inside the United States, however, saw an earnings growth rate of 2.7%. Source: CNN Money (a broken clock is right twice a day) https://www.cnn.com/2023/06/08/investing/premarket-stocks-trading/index.html Implied Rate Cuts Goldman says it's expecting 50 basis points of cuts in 2024, starting in the second quarter, which is not too far off from what the SOFR Futures prices are saying - with about 50 basis points “priced in” from December to June 2024 Options - What they are and an example Definition - Start thinking of all financial instruments as legal agreements - it's a contract. That's the starting point - the building block - for all financial instruments from bonds to repos to total return swaps to credit default swaps. They're all just contracts. What does the options contract say? There are options for pretty much all types of assets - the kind we're concerned with today is stocks and ETFs - but there's options on interest rates, commodities, cryptos, every asset you can think of. They're not a new fangled financial product. I just read a paper about the behavior of US financial assets leading up to and during the Panic of September 1873. The author used options prices from that year to show that many investors - probably the savvier ones - were using options to bet against the market leading up to the panic. Now from here on, I'm going to speak in terms of options on ETFs, since that's going to be the best hedge for most people's portfolios. There are two types of options - Calls and Puts. A Call is an option to buy the ETF. A Put is the option to sell the ETF. The best way to really show how these work is with an example. Typically, you would first learn about call options, but since our primary concern today is how to deal with the risk of a declining US stock market, we're going to focus on puts.. We're going to talk about a speculative play, and then follow it up with a hedging or risk management play. Let's say that I think the NASDAQ stock index is going to fall by two percent or more in the next week. Maybe I'm expecting some kind of surprise out of the Fed or something… The biggest ETF that tracks the NASDAQ is Invesco QQQ - symbol QQQ. And let's say I want to get short exposure to 100 shares of the QQQ - which at today's closing price is about $36,300. There are two ways I can do this and options are much cheaper. But the first way is to buy an ETF that does the opposite of QQQ, it's called the PSQ - it's structured to model a short position in the NASDAQ, and therefore it's to gain about 1 percent for every 1 percent the QQQ loses. To get $36,000 of exposure with this method, I need to have $36 thousand on hand in my brokerage account, so I can go in and buy about 3,350 shares of the short ETF at about $11 bucks a piece. That's fine, you can do that. But it kind of sucks. Method 2 - I go into my brokerage account and I buy a Put Option on the ETF at the strike price of $363.00, expiring in a week's time. This gives me the right - but not the obligation - so sell 100 shares of QQQ to the option writer, in a week's time. The cost of entering this trade is the Option premium. And today, that premium was about $3.50. The minimum size of an option is 100 shares of the underlying stock or etf, so my total outlay for this, is 3.50 x a hundred equals 350 dollars.  The magic of options lay in the fact that by spending $350, I now have a short position in 100 shares of QQQ. Also, 350 is my maximum loss. That's because if the trade goes against me and the QQQ goes to an all time high, I don't have to actually do anything with the option, I can just let it expire. And that's the importance of the phrase, “the right, but not the obligation” to sell. Let's see what happens in the case that I'm right and in the case that I'm wrong. First, I'm wrong, instead of declining 2 percent in a week, the QQQ advances by 2 percent, reaching a price of $370.  To sell the 100 shares, I would have to buy them for $370 and then offload them for $363, a loss of 7 x a hundred is $700. But I don't have to do that because it's an option, not an obligation. My max loss is simply the premium I paid to get into the trade: $350 What would've happened if I'd spent $36,000 buying the short QQQ etf? The short ETF would decline in value by 2 percent as QQQ rises 2 percent (that's why it's dubbed an "inverse ETF"). So, if I'd gone out and bought positions in the short ETF... I would be sitting on a loss of $700. And that would suck. With the Put Option strategy, My trade may not have panned out, but I lost 1 percent instead of 2 percent. Second scenario, I'm right. The QQQ declines 2 percent to $356.  I now have two ways of collecting the profit from this trade. I can exercise the option to sell the shares at $363, by first buying them for $356, and by profit is 7 bucks x 100 equals $700.  Or if I don't want to actually buy the shares, I can simply sell the option contract itself, because it will now have a higher price than I paid for it. That price will tend to reflect the intrinsic value of exercising the option, and get me in the ballpark of a $700 profit. Most investors will want to sell the option contract at the higher price, rather than exercise the option and have to procure shares. The long and short of it is - this put option, allows me to get short exposure in $36,000 of the QQQ - which is to say I profit when it drops, for the small price of less than 1% of that portfolio - $350.  Second, I can gain from a fall in the QQQ without even owning the security in the first place.  

VettaFi's vice chairman Tom Lydon discussed the VanEck ChiNext ETF (CNXT) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” While the U.S. engages in a policy of fiscal tightening, China is easing, with the Shanghai Composite and CSI 300 both in a two-month rally that has resulted in a gain of 13%. While mainland markets have had challenges this year, the recovery and supportive fiscal policies have equated to outperformance compared to other emerging and developed markets.  CNXT tracks the ChiNext Index which is comprised of the 100 largest and most liquid securities listed on the ChiNext Market on the Shenzhen Stock Exchange, and invests in China A-shares, the stocks that trade in mainland China. 

Show #1136.   If you get any value from this podcast please consider supporting my work on Patreon. Plus all Patreon supporters get their own unique ad-free podcast feed.   Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Wednesday 7th July. It's  Martyn Lee here and I go through every EV story so you don't have to.   Thank you to MYEV.com for helping make this show, they've built the first marketplace specifically for Electric Vehicles. It's a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too.   AUDI SEES ELECTRIC CARS BECOMING AS PROFITABLE AS GAS-POWERED CARS WITHIN 2-3 YEARS   - Audi CEO Markus Duesmann says that he sees electric cars becoming as profitable as gas-powered cars within the next two to three years.   - Last month, the German premium automotive brand announced an acceleration of its electrification plans.   - It included plans to produce their last internal combustion engine in 2033 (if people are still buying them by then), and a plan to only launch new vehicles that are electric by 2026.   - A new report from Germany's Spiegel states that Audi CEO Markus Duesmann is currently expecting the brand's electric vehicles to become as profitable as its gas-powered vehicles within the next two to three years. It would imply that Audi's current electric lineup, the e-tron, e-tron Q4, and e-tron GT, are not as profitable as their gas-powered counterparts.   Original Source : https://electrek.co/2021/07/06/audi-electric-cars-becoming-as-profitable-as-gas-powered-cars/   WHY TESLA HAS REDUCED THE ELECTRIC DRIVING RANGE   - Tesla has reduced the advertised driving range of all its vehicles on its Australian website – but it's for a very good reason. The new driving range of the Long Range Model 3, for example, is now 580km, whereas previously it was 657km. The Standard Range Plus, which was previously 508km, now says it can only drive 448km, and the Performance now says 567km where it once said 628km.   - Tesla has (finally!) decided to use Worldwide Harmonised Light Vehicle Test Procedure (WLTP) ratings, which have been in use since 2017 and are used to measure carbon emissions and energy consumption of vehicles. Previously, Tesla stated range figures developed using requirements developed under the  Australian Design Rule 81/02 — Fuel Consumption Labelling for Light Vehicles), which was developed in line with the New European Driving Cycle (NEDC) rating, before the WLTP was introduced.   - Other carmakers in Australia that import electric vehicles, such as Hyundai (eg the Kona EV with 64kWh battery with 484km range), have been using WLTP for some time so it is good to see Tesla move in line with this.   Original Source : https://thedriven.io/2021/07/07/why-tesla-has-reduced-the-electric-driving-range-on-its-website/   HEINEKEN USES ELECTRIC BEER TRUCK FOR LAST-MILE DELIVERY IN AMSTERDAM   - The Dutch brewery Heineken is now using an all-electric beer truck in Amsterdam. The converted Fuso eCanter will be used for emission-free deliveries to cafés in Amsterdam's city centre.   - the truck is 5.3 metres long and two metres wide, which makes it suitable for urban use. Empty, the vehicle weighs four tonnes. Two charging specifications are important for the beer transporter: The beer tank, manufactured by Duotank, can hold up to 3,000 litres, and the battery has a capacity of 82.8 kWh.   - From the brewery in Den Bosch, a larger truck transports 200 hectolitres of beer (i.e. 20,000 litres) to the outskirts of Amsterdam. There, 30 hectolitres each are pumped into the two mini-tank beer trucks. These then supply around five cafés in the city centre before they have to refill with fresh beer on the outskirts again. Supplying the cafés with the large truck would not be possible even with an electric drive: to protect the quays and bridges, a maximum of 7.5 tonnes is allowed here.   Original Source : https://www.electrive.com/2021/07/07/heineken-uses-electric-beer-truck-for-last-mile-delivery-in-amsterdam/   WARBURTONS ZERO EMISSION FUSO ECANTER   - The UK's largest bakery brand has underscored its commitment to the rise of battery-powered truck technology by commissioning its first FUSO eCanter.   - The 7.5-tonne FUSO eCanter is the world's first fully electric light-duty truck to enter series production and represents a major advance in the battle to improve air quality in towns and cities   - The eCanter's electric drivetrain employs six 13.8 kWh lithium-ion batteries with a total power output of 82.8 kWh (66 kWh usable). The permanent-magnet motor delivers 129 kW (180 hp) via a single-gear transmission in the rear axle. A single charge gives the truck an effective operating range of more than 62 miles (100 km), which is ample for many urban delivery applications.   - It sets off at 4am each day from Warburtons' Bolton bakery and delivers fresh bread to as many as 25 different customers, mainly in the central Manchester area. They range from large supermarkets to independent corner shops.   Original Source : https://www.electricvehiclesresearch.com/articles/24167/warburtons-zero-emission-fuso-ecanter?rsst2id=3&utm_source=pocket_mylist   BYD NEW-ENERGY VEHICLE SALES UP 192 PCT IN JUNE   - China's leading new-energy vehicle (NEV) manufacturer BYD saw surging NEV sales growth in June, company data showed. In a filing with the Shenzhen Stock Exchange, the Shenzhen-based company said its sales of NEVs, including purely electric vehicles and plug-in hybrid electric vehicles, surged 192.03 percent year on year to 41,366 units in June. In the first half of 2021, BYD sold 154,579 NEVs, up 154.76 percent year on year.   Original Source : http://www.china.org.cn/china/Off_the_Wire/2021-07/06/content_77608830.htm?utm_source=pocket_mylist   SALT LAKE CITY IS THE 'BEST CITY TO OWN AN ELECTRIC VEHICLE,' STUDY FINDS   - A new study finds Salt Lake City is the no. 1 city in the country for people who drive electric cars. According to the website "Auto Insurance Quote," Salt Lake City is on top when it comes to charging stations, electric vehicle incentives, and electricity cost.   - Researchers determined the "best" cities by analyzing data from the U.S. Department of Energy, the International Council on Clean Transportation, and the U.S. Bureau of Labor Statistics to find the cities with the most charging stations per capita, identify local government electric vehicles incentives, and quantify the cost of electricity   - No. 2: Sacramento, Calif. No. 3: Austin, Texas No. 4: Atlanta, Georgia No. 5: Seattle, Wash. No. 6: Buffalo, N.Y. No. 7: Pittsburgh, Pa.No. 8: Portland, Ore. No. 9: Baltimore, Md. No. 10: San Jose, Calif.   · Highlighted Source : https://share.getliner.com/aIWxs/ · Original Source : https://kutv.com/news/local/salt-lake-city-is-the-best-place-in-the-us-to-own-an-electric-car-study-finds?utm_source=pocket_mylist   UK GOVERNMENT PARTNERS WITH DISABILITY CHARITY TO SET STANDARDS FOR CHARGEPOINTS   - In partnership with national disability charity Motability, the Department for Transport (DfT) has commissioned the British Standards Institution (BSI) to develop accessibility standards for EV chargepoints across the country. These standards will provide industry with guidance and drivers with a new clear definition of ‘fully accessible', ‘partially accessible' and ‘not accessible' public EV chargepoints.   The design of public chargepoints is already carefully considered by operators. However, consistent standards are crucial for drivers to easily identify which chargepoints are suitable for their needs.   This could range from adequate space between bollards, charging units being of a height suitable for wheelchair users, size of the parking bay and the kerb height.   · Highlighted Source : https://share.getliner.com/oojoL/ · Original Source : https://www.gov.uk/government/news/uk-government-partners-with-disability-charity-to-set-standards-for-electric-vehicle-chargepoints       SOLARWATT FLEXES MUSCLES IN HOME ENERGY STORAGE FIGHT WITH SHELL, TESLA   - Germany's Solarwatt, backed by BMW's billionaire shareholder Stefan Quandt, plans to launch a small module that lets homeowners link rooftop solar panels to power storage batteries and electric vehicles to cut costs. The wallbox allows home owners to control when and how much home-produced photovoltaics (PV) power they store, use to charge their electric vehicles (EVs), or sell to the grid.   - The Manager Flex device, which looks like a wifi router and will go on sale at around 500 euros ($594), allows the integration of energy flows and gadgets at home, such as rooftop panels, batteries, electric heat pumps and EV-charging boxes.   - Solarwatt, also active in France, Italy, Spain, the Netherlands, Britain and Australia, aims to be a top five player by the end of 2022   - Germany is an obvious starting point. With 300,000 stationary batteries, it is the world's top home storage market, ahead of the United States, Japan and Australia.   - "The ramp-up of EV sales will directly induce a corresponding run on smart energy products in the household sphere," said PricewaterhouseCoopers partner Steffen Apfel.Sonnen's CEO Oliver Koch said EVs are driving demand for the company's PV systems and batteries: "A third of buyers (of those segments) add a charging device for their EV," he said.   - EV makers have started exploring links between EVs and home power circuits, to morph home and car electricity into one, and between EVs and grids, to offer stability services and recycle used batteries.   Original Source : https://www.reuters.com/business/solarwatt-flexes-muscles-home-energy-storage-fight-with-shell-tesla-2021-07-07/   ENPHASE LAUNCHES ENCHARGE® BATTERY STORAGE SYSTEM IN GERMANY −   - Beginning today, Enphase's Encharge battery storage is headed to Germany, marking its first expansion outside of the United States. For installers in Germany, the overwhelming number of installation jobs today are for both solar and battery storage. This all-in-one solution lets homeowners power their lives with solar energy whether the sun is shining or not, and nearly eliminates the need to buy expensive energy from the grid.   - Germany marks the second-ever market for Enphase's Encharge battery, and Enphase will soon expand to more countries in Europe and elsewhere around the world. Homeowners can depend on Enphase's industry-leading hardware   - The Encharge battery storage system offers configurations ranging from 3.5kWh to 42kWh, along with the option to upgrade and expand through the lifetime of the system. The introduction of battery storage to Enphase's existing microinverter business in Germany will help meet installer and homeowner needs for a safe and reliable all-in-one solution.   Original Source : https://evobsession.com/enphase-launches-encharge-battery-storage-system-in-germany         QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM   If you had to buy one electric car today and it was the only car you were allowed to drive for the next three years, what would you choose? And why. I'll go first. VW ID.4 GTX   Email me your thoughts and I'll read them out on Sunday – hello@evnewsdaily.com   It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast.   And  if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing.   Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I'll catch you tomorrow and remember…there's no such thing as a self-charging hybrid.   PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONALCARCHARGING.COM and ALOHACHARGE.COM DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM/

On today’s podcast:·       Biden to visit Ford EV facility in Michigan next Tuesday·       EVE Battery Deal With Tesla Denied·       Texas Wants To Charge EV Owners $400 In Annual Fees·       Illinois interstate signs will direct drivers to EV charging stations·       Italy Fines Google for Excluding the ‘JuicePass' EV Charging App From Android Auto·       UK: Volkswagen Introduces Entry-Level ID.4 With 52 kWh Battery·       Polestar UK opens Milton Keynes test drive hub Show #1082 Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Friday 14th May. It’s Martyn Lee here and I go through every EV story so you don't have to. Thank you to MYEV.com for helping make this show, they’ve built the first marketplace specifically for Electric Vehicles. It’s a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too. A mention for interest in EV's increasing because of gas price spikes in some parts of the U.S. and even shortages. It's interesting but a plea to fellow EV owners now is not the time for teasing or being smug. It's unhelpful to those desperate for fuel to live their lives. BIDEN TO VISIT FORD EV FACILITY IN MICHIGAN NEXT TUESDAY"U.S. President Joe Biden plans to visit a Ford Motor (F.N) electric vehicle manufacturing facility in Michigan next week as he makes a push for a $174 billion government boost for electric vehicles and charging stations." reports Reuters https://www.reuters.com/world/us/biden-visit-ford-ev-facility-michigan-next-tuesday-2021-05-11/ EVE BATTERY DEAL WITH TESLA DENIED"EVE Energy Co., which makes lithium iron phosphate batteries, said a Reuters report that it’s in supply deal talks with Tesla Inc. is “unfounded.” The company didn’t have any business communications with Tesla over the batteries, it said in a statement posted on the Shenzhen Stock Exchange website on Sunday, Bloomberg reported." and reported by Automotive News Europe: "In the initial report, released Friday, Reuters said Tesla was in talks to add the Chinese battery maker to its Shanghai factory supply chain, citing four people familiar with the matter. EVE makes lithium iron phosphate batteries, which are cheaper to produce because they use iron instead of more expensive nickel and cobalt. But LFP batteries generally offer a shorter range on a single charge than the more popular nickel/cobalt alternative. EVE would become the second supplier of LFP batteries to Tesla after China's Contemporary Amperex Technology Co., or CATL, Reuters reported." https://www.autonews.com/automakers-suppliers/eve-denies-battery-supply-deal-tesla FORD FOLLOWS TESLA INTO IN-CAR GAMING"Ford says it is starting to send out in-car gaming with over-the-internet software updates to some of its newer models as the auto giant moves to offer technology to match electric car maker Tesla. For now, the updates are only available to about 100,000 owners of 2021 model year F-150s, Mustang Mach-Es and the upcoming Bronco, but Ford plans to spread the tech across its entire lineup as models are updated. It plans to make 33 million vehicles with the capability by 2028." according to Fox Business: "Ford said there are about 80 different computers in its most sophisticated vehicles that control everything from the infotainment center to brakes and transmission shifts. Already, Ford sent out an update to fix a lighting issue that drained batteries. Among the next updates will be a new version of Amazon Alexa that allows vehicles to communicate with the home assistant without use of a smartphone. Ford also will roll out touchscreen drawing software and simple games for the Mach-E electric SUV. More than 6 million vehicles have the modems and collect vehicle data, but only those with the latest generation of electrical systems can get full over-the-internet updates. " Alex Purdy, director, business operations, enterprise connectivity, Ford Motor Company: "Software updates are common across billions of connected devices but not yet for vehicles. Ford Power-Up software updates will change that by quickly bringing it to millions of people. We’ve invested in more seamless technology so updates can happen while you’re sleeping – making your next ride a better experience." https://www.foxbusiness.com/lifestyle/ford-tesla-car-gaming-software-update-amazon-alexa TEXAS WANTS TO CHARGE EV OWNERS $400 IN ANNUAL FEES "The bill being discussed in the Texas state senate—Senate Bill 1728—would raise fees on electric vehicle (EV) owners as a way to make up for the gas tax they're not paying. The legislation would require an annual EV fee of between $190 and $240, an additional fee of over $150 for anyone who drives their EV more than 9000 miles a year, and an annual surcharge of $10 to fund a charging infrastructure advisory council." writes Car & Driver: "The state, which couches the fees in "equalization for road use consumption for alternatively fueled vehicles" terminology, said these fees would apply to approximately 300,000 vehicles and raise around $37.8 million for the State Highway Fund (SHF) in fiscal year 2022, climbing to $135,594,000 in fiscal year 2026. If passed, the bill would take effect on September 1, 2021. Instead of annual EV fees, which don't take actual road usage into account, Plug In America and other EV advocates support what are called road usage charge programs, or ways to charge people for the actual miles they drive each year, often factoring in the weight of the vehicle. Seven states are conducting road usage charge tests with help from the U.S. Department of Transportation." https://www.caranddriver.com/news/a36442021/texas-electric-car-fee-considered/ ILLINOIS INTERSTATE SIGNS WILL DIRECT DRIVERS TO EV CHARGING STATIONS"Driving down the interstate will get a little easier for Illinois motorists using electric vehicles with new road signs pointing the way to EV charging stations. A Federal Highway Administration program will include seven Illinois interstate corridors in its new blue "Alternative Fuels Corridor" sign program, which will alert motorists to alternative forms of fueling stations, including EV charging stations." reports TheSouthern.com: " The Illinois Department of Transportation is rolling out its own blue sign program, which will place signs on exit ramps that will direct motorists to EV charging stations as well as nearby gas stations, restaurants, hotels and tourist attractions." https://thesouthern.com/news/state-and-regional/govt-and-politics/illinois-interstate-signs-will-direct-drivers-to-ev-charging-stations/ ITALY FINES GOOGLE FOR EXCLUDING THE ‘JUICEPASS' EV CHARGING APP FROM ANDROID AUTO"Italy's competition regulator has fined U.S. tech giant Google 102 million euros (US$123 million) for excluding an e-mobility app developed by energy company Enel from the U.S. tech giant's open Android platform. The fine was first reported by Reuters." according to FutureCar: "For the past two years, Google has not allowed Enel's JuicePass smartphone app to operate on Google's Android Auto app, which is designed as a simple, less distracting way to use Google's popular apps while driving, such as Maps, Play and Assistant.  Regulators in Italy have accused Google of curtailing use of the JuicePass app and favoring Google Maps, which also includes EV charging station locations for drivers. In a statement announcing the $123 million fine for "abuse of a dominant position", the regulator asked Google to make JuicePass available on Android Auto. JuicePass is owned by Enel's "e-solutions" subsidiary Enel X, which brought the case against Google." https://www.futurecar.com/4616/Italy-Fines-Google-for-Excluding-the-JuicePass-EV-Charging-App-From-Android-Auto UK: VOLKSWAGEN INTRODUCES ENTRY-LEVEL ID.4 WITH 52 KWH BATTERY"Volkswagen has introduced in the UK new entry-level versions of the ID.4 model, equipped with a smaller 52 kWh battery (usable capacity), compared to the initial 77 kWh battery (82 kWh total)." says InsideEVs: "There are two new powertrain versions with that battery: Pure - 109 kW (148 PS)/220 Nm and Pure Performance - 125 kW (170 PS)/310 Nm. Both are available with two new City or Style trim levels. Depending on the version, the WLTP range of the 52 kWh version is 211-213 miles (339-343 km)." "These latest trims fit below the existing ones in the ID.4 line-up, with the City Pure having the additional bonus of being eligible for the Government’s Plug-in Vehicle Grant, thus starting at an eye-catching £32,150 OTR (with PIVG deducted). The City Pure Performance is priced at £36,030, the Style Pure at £38,150 and the Style Pure Performance at £39,530 (all OTR, recommended prices)." https://insideevs.com/news/507153/uk-volkswagen-id4-52-kwh/?utm_source=RSS&utm_medium=referral&utm_campaign=RSS-all-articles POLESTAR UK OPENS MILTON KEYNES TEST DRIVE HUBPolestar UK has opened a new test drive hub to meet demand. The 8,000 sq ft location, situated in Milton Keynes, will offer over 7,000 consumers the opportunity to experience the Polestar 2 in a curated and personalised way before the end of the year. Supplementing the recently re-opened Polestar London and Polestar Manchester Spaces, along with other test drive activity planned for 2021 the hub will facilitate the possibility for over 28,000 consumers to get behind the wheel of Sweden’s performance electric car. Eight vehicles – each purely for demonstration purposes, will be available to customers to enjoy on unaccompanied test drives.  QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM A recent survey – which I highly questioned and disagreed with – claimed 1 in 5 EV owners went back to piston power.  I have never heard anything like a 20% rate of EV drivers being unhappy with electric. Would you ever go back? Yes, No and tell me why! Email me your thoughts and I’ll read them out on Sunday – hello@evnewsdaily.com  It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And  if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I’ll catch you tomorrow and remember…there’s no such thing as a self-charging hybrid.

Hi there!歡迎收聽Look Back Sunday回顧星期天，在這個節目John老師會彙整過去不同國家與主題的熱門跟讀文章，讓你可以在十五分鐘內吸收最精華的世界時事趣聞！我們這週聽聽汽車產業相關的文章，Let's get started!   Topic : California Is Trying to Jump-Start the Hydrogen Economy Since President George W. Bush fueled a minivan with hydrogen 15 years ago, the promise of cars and trucks powered by the fuel has come up mostly empty. 15年前，時任美國總統的小布希為一輛廂型休旅車加上氫燃料，發展氫能小客車和貨車的美好期盼迄今卻大抵落空。 That hydrogen pump, in Washington, closed long ago. But in California, the beginnings of a hydrogen economy may finally be dawning after many fits and starts. 華府的那座加氫站早已停用，然而在加州，氫經濟在幾經周折之後，可能真的要起步了。 Dozens of hydrogen buses are lumbering down city streets, while more and larger fueling stations are appearing from San Diego to San Francisco, financed by the state and the federal government. With the costs of producing and shipping hydrogen coming down, California is setting ambitious goals to phase out vehicles that run on fossil fuels in favor of batteries and hydrogen. 在州政府和聯邦出資之下，從聖地牙哥到舊金山，數十輛氫動力公車緩緩行駛於城市街道，更多且更大的加氫站也一一出現。由於氫製造和運輸的成本下降，加州立定遠大目標，要逐步淘汰化石燃料車，轉向電動車和氫能車。 Some energy executives said they expect investment in hydrogen to accelerate under President-elect Joe Biden, who made climate change a big part of his campaign and proposed a $2 trillion plan to tackle the problem. 一些能源業高管預期，對氫能的投資會在總統當選人拜登上台後加速成長。拜登以遏制氣候變遷為重要政見，並提出一項2兆美元的因應計畫。 A recent McKinsey & Co. study estimated that the hydrogen economy could generate $140 billion in annual revenue by 2030 and support 700,000 jobs. The study projected that hydrogen could meet 14% of total American energy demand by 2050. 管理顧問公司麥肯錫最近在一份研究中估計，到2030年時，氫經濟每年能創造1400億美元營收，支撐70萬個工作機會。這份研究預測，到2050年，氫將能滿足全美14%的能源需求。 The use of hydrogen, the lightest and most abundant substance in the universe, is still in its infancy, and California is determined to be its cradle in the United States.The state now has roughly 40 fueling stations, with dozens more under construction. While those numbers are tiny compared with the 10,000 gasoline stations across the state, officials have high hopes. 氫是宇宙中最輕且最豐富的物質，人類利用氫能還在初始階段，而加州決心成為美國氫能利用的搖籃。加州目前約有40個加氫站，還有數十個在興建中。雖然加氫站數量與全加州一萬個加油站相比微不足道，但官員仍滿懷希望。 With about 7,500 hydrogen vehicles on the road, an aggressive state program of incentives and subsidies from cap-and-trade dollars envisions 50,000 hydrogen light-duty vehicles by mid-decade and a network of 1,000 hydrogen stations by 2030. 目前加州約有7500輛氫能車上路，州政府積極利用取自「總量管制與排放交易」的財源來進行補貼和獎勵，希望達到2025年左右有5萬輛輕型氫能車上路，2030年有1000個加氫站的目標。 Hydrogen-powered vehicles are similar to electric cars. But unlike electric cars, which have large batteries, these cars have hydrogen tanks and fuel cells that turn the gas into electricity. The cars refuel and accelerate quickly, and they can go for several hundred miles on a full tank. They emit only water vapor, which makes them appealing to California cities that are trying to reduce pollution and greenhouse gas emissions. 氫能車類似電動車，不同的是，電動車的電池很大，氫能車則有氫氣儲存槽和把氫氣轉換成電力的燃料電池。氫能車補充燃料和加速都很快，氫氣槽加滿後能跑幾百哩。氫能車只會釋出蒸氣，對於努力減少汙染和溫室氣體排放量的加州很有吸引力。 “Almost any objective analysis for getting to zero emissions includes hydrogen,” said Jack Brouwer, director of the National Fuel Cell Research Center at the University of California, Irvine. 爾灣加州大學國家燃料電池研究中心主任傑克‧布勞爾說：「幾乎所有關於如何達到零排放的客觀分析都會提到氫。」 Source article: https://udn.com/news/story/6904/5106534   Next Article   Topic : Wheels falling off China's ‘deep fake' car manufacturer Chinese automobile manufacturer Zotye Auto is a household name in China. The company is famous for manufacturing copies of car models by luxury international brands including Audi, Porsche and Lamborghini. After a long delay, on June 22, Zotye Auto finally released its 2019 year end financial results. The report revealed that last year, the automaker suffered losses of 11.2 billion yuan (approximately NT$46.6 billion), or an average of 30 million yuan per day. The company's market value also shrank from 30 billion yuan to a mere 3.6 billion yuan. Even worse, because the company is unable to guarantee the authenticity, accuracy and completeness of its financial report, Zotye Auto has been issued with a “risk of delisting warning” by Shenzhen Stock Exchange. 以模仿奧迪、保時捷、蘭寶堅尼等高級進口車，在中國家喻戶曉的車商眾泰汽車，六月二十二日終於發布二○一九年財報，顯示全年慘虧一百十二億元人民幣（以下同），約新台幣四百六十六億，相當於每天平均虧損三千萬，市值也由逾三百億縮水至僅剩三十六億元；更慘的是，該公司因為無法保證年報的真實性、準確性和完整性，已被深圳證券交易所實施「退市風險警示」。 Seemingly without a care for the outside world, Zotye Auto has been audaciously building slavish copies of imported luxury car models. The company became a household name in China after producing facsimile versions of the Audi Q3 (Zotye SR7), Porsche Macan (Zotye SR9) and Lamborghini Urus (Zotye Concept S). Due to Zotye Auto's uncanny ability to produce lookalike cars, there is a joke currently doing the rounds in China: “If you want to get behind the wheel of a Lamborghini, pay a visit to Zotye Auto.” 眾泰汽車因為不顧外界觀瞻，大膽模仿進口名車，而在中國家喻戶曉，該公司推出的眾泰SR7模仿奧迪Q3，眾泰SR9模仿保時捷Macan ，眾泰Concept S模仿蘭寶堅尼Urus。由於模仿能力出眾，中國坊間甚至流傳著一句調侃話：「這輩子能不能開蘭寶堅尼，就看眾泰了！」 However, having relied on imitating the work of others, the company lacks home-grown innovation, while the quality of its vehicles has not kept pace with the sophistication of its copycat designs. Annual sales have been steadily falling too: in 2016, the company sold 330,000 vehicles. This fell to 310,000 in 2017 and only 230,000 in 2018. Zotye Auto initially set a sales target of 480,000 vehicles per year, yet in 2018 it failed to reach even half that figure. Last year, sales declined at an even steeper rate with the company only managing to shift 116,600 vehicles. 但靠著山寨別人，缺乏自主創新，且品質也未同步提升的營運模式畢竟無法持久。眾泰汽車二○一六年、二○一七年的年銷量還分別有三十三萬輛、三十一萬輛，但此後每況愈下，二○一八年僅剩二十三萬輛，為四十八萬輛的目標的一半不到，二○一九年進一步跌至十一點六六萬輛。 To make matters even worse, Zotye Auto chief executive Lou Guohai has stated that he cannot guarantee the authenticity, accuracy and completeness of his company's year end financial report, citing various reasons including uncertainty over the company's ability to continue operating, multiple lawsuits and outstanding obligations. 雪上加霜的是，眾泰汽車董事婁國海表示，無法保證該公司年報內容的真實性、準確性和完整性，理由包括：公司的持續經營能力存在較大不確定性，公司面臨眾多訴訟及擔保事項等。 Source article: https://www.taipeitimes.com/News/lang/archives/2020/07/01/2003739125   Next Article   Topic : Despite High Hopes, Self-Driving Cars Are ‘Way in the Future' A year ago, Detroit and Silicon Valley had visions of putting thousands of self-driving taxis on the road in 2019, ushering in an age of driverless cars. 一年前，底特律和矽谷曾有2019年讓數千輛自動駕駛計程車上路的願景，要開啟無人駕駛車的時代。 Most of those cars have yet to arrive — and it is likely to be years before they do. Several carmakers and technology companies have concluded that making autonomous vehicles is going to be harder, slower and costlier than they thought. 這些車大多數還沒上路－而且很可能還要等好多年才會上路。數家汽車製造商和科技公司已作出如下結論：製造自動駕駛車將比他們以為的更困難、更緩慢且更花錢。 “We overestimated the arrival of autonomous vehicles,” Ford's chief executive, Jim Hackett, said at the Detroit Economic Club in April. 「我們對自駕車問世的評估過於樂觀。」福特汽車執行長吉姆．哈克特今年4月在底特律經濟俱樂部這麼說。 In the most recent sign of the scramble to regroup, Ford and Volkswagen said Friday that they were teaming up to tackle the self-driving challenge. 福特和福斯周五(12日)宣布要合組團隊以迎接自駕車的挑戰。這也是業界忙著重新組合、再次出發的最新跡象。 The two automakers plan to use autonomous-vehicle technology from a Pittsburgh startup, Argo AI, in ride-sharing services in a few urban zones as early as 2021. But Argo's chief executive, Bryan Salesky, said the industry's bigger promise of creating driverless cars that could go anywhere was “way in the future.” 這兩家汽車製造商計畫使用匹茲堡新創公司「亞果人工智慧」的自駕車技術，最快於2021年在一些都會區提供共乘服務。但是亞果的執行長布萊恩．薩勒斯基說，這個產業更大的承諾，也就是創造可去到任何地方的自駕車，「還在遙遠的未來」。 He and others attribute the delay to something as obvious as it is stubborn: human behavior. 他和另一些人將這個延誤歸咎於顯而易見且難以應付的一項因素：人類行為。 Researchers at Argo say the cars they are testing in Pittsburgh and Miami have to navigate unexpected situations every day. Recently, one of the company's cars encountered a bicyclist riding the wrong way down a busy street between other vehicles. 亞果研究人員說，他們在匹茲堡和邁阿密測試的車輛，每天都須經歷無法預期的狀況。最近，這家公司一輛車遇到一名自行車騎士，在一條車多的街道上逆向行駛在車輛間。 Another Argo test car came across a street sweeper that suddenly turned a giant circle in an intersection, touching all four corners and crossing lanes of traffic that had the green light. 另一輛亞果的測試車遇到一輛掃街車，在一個十字路口突如其來大轉彎，碰到四個街角，而且橫越已經轉為綠燈的車道。 “You see all kinds of crazy things on the road, and it turns out they're not all that infrequent, but you have to be able to handle all of them,” Salesky said. “With radar and high-resolution cameras and all the computing power we have, we can detect and identify the objects on a street. The hard part is anticipating what they're going to do next.” 「你在路上見到所有瘋狂的事，而且發現它們並非那麼不常見，但你必須有能力處理所有狀況。」薩勒斯基說。「我們擁有雷達、高解析度鏡頭和所有電算能力，可偵測並識別街道上的物體。困難的部分是預測它們下一步會做什麼。」 Salesky said Argo and many competitors had developed about 80% of the technology needed to put self-driving cars into routine use — the radar, cameras and other sensors that can identify objects far down roads and highways. 薩勒斯基說，自駕車進入日常使用所需技術，亞果和許多競爭對手約已開發成功80%－雷達、攝影鏡頭及其他可在一般道路和高速公路識別遠方物體的感應器。 But the remaining 20%, including developing software that can reliably anticipate what other drivers, pedestrians and cyclists are going to do, will be much more difficult, he said. 但是剩下的20%，包括開發能夠可靠預測其他駕駛人、行人和自行車騎士下一步行動的軟體，會難得多。 A year ago, many industry executives exuded much greater certainty. They thought that their engineers had solved the most vexing technical problems and promised that self-driving cars would be shuttling people around town in at least several cities by sometime this year. 一年前，許多業界高管還展現出遠比當下更有把握的態度。當時他們認為，他們的工程師已解決最困難的技術問題，且承諾自駕車今年之內，至少可在幾個城市輸運民眾。 Source article: https://paper.udn.com/udnpaper/POH0067/343041/web/   每日英語跟讀Podcast，就在http://www.15mins.today/daily-shadowing 每週Vocab精選詞彙Podcast，就在https://www.15mins.today/vocab 每週In-TENSE文法練習Podcast，就在https://www.15mins.today/in-tense  

Prospect Resources Limited (ASX: PSC, FRA:5E8) is a battery minerals company with a focus on lithium in and around Zimbabwe, with the flagship project being the 87% owned Arcadia Lithium project, located on the outskirts of Harare in Zimbabwe. Arcadia Lithium Project represents a globally significant hard rock lithium resource. The project is being rapidly developed by Prospect's experienced team, with the focus on near term production of petalite and spodumene concentrates.7th largest global hard rock lithium assetFully permitted to commence productionStrong project economics to drive returns for shareholdersDiversified markets across Europe, North America and North AsiaClose proximity to a skilled labour force and established infrastructure Operating in an established mining jurisdiction, with over 100 years of mining historyOfftake agreement and equity investment from Shenzhen Stock Exchange listed lithium chemical converter Sinomine Resources GroupAppointed Afreximbank to arrange and manage the primary syndication of a US$143m project finance debt facility 

A leading Chinese investment bank is set to overtake Goldman Sachs this year. The country's regulator plans to streamline the Shenzhen Stock Exchange by merging the main board and SME board. Pakistan opens its first metro line supported by China. Plus, China's TikTok and its rival mull IPOs in Hong Kong.

This week on the Caixin-Sinica Business Brief: China reports 4.9% economic growth in the third quarter; President Xi's remarks on the 40th anniversary of the establishment of the Shenzhen Special Economic Zone; the Shenzhen Stock Exchange admits to a 32-minute technical error in its trading system; and budget household goods retailer Miniso raises $608 million in a New York IPO. In addition, we speak with Caixin Global managing editor Doug Young about Lenovo reclaiming its spot as China’s top PC maker, as well as a viral social media post about a case of smartphone identity theft.   CORRECTION: The story on Chinese retail outlet Miniso incorrectly states the amount raised at $6.08 billion, when the correct number is $608 million. We apologize for the mistake. SPECIAL OFFER: Great News! Caixin Podcast listeners can now enjoy a 7-day complimentary access pass to caixinglobal.com and Caixin app. This is a limited-time offer. Get your pass by heading to: https://www.caixinglobal.com/institutional-activity/?code=J3XVJC

This week on the Caixin-Sinica Business Brief: China reports 4.9% economic growth in the third quarter; President Xí Jìnpíng 习近平 made remarks on the 40th anniversary of the establishment of the Shenzhen Special Economic Zone; the Shenzhen Stock Exchange admits to a 32-minute technical error in its trading system; and budget household goods retailer Miniso raises $608 million in a New York IPO. In addition, we speak with Caixin Global managing editor Doug Young about Lenovo reclaiming its spot as China's top PC maker, as well as a viral social media post about a case of smartphone identity theft.CORRECTION: The story on Chinese retail outlet Miniso incorrectly states the amount raised at $6.08 billion, when the correct number is $608 million. We apologize for the mistake.

You get £100 free AND save money on 100% green electricity by moving to Octopus Energy. Until October 15th you get double bonus and I get £50 to support this podcast but ONLY if you do it by using my unique referral code. I moved to Octopus recently and had been putting it off for ages,  but I kicked myself for not doing it sooner, as it’s literally a 5 minute job to give them your details. Click here: https://share.octopus.energy/free-puma-452   On today’s podcast: LG Chem forecasts record third-quarter profit Tesla update lets you lock Sentry Mode/TeslaCam storage in glovebox Pan-American Electric-Vehicle Road Trip Now Possible France: Plug-In Electric Car Sales Doubled Daimler's labor chief urges European lawmakers to promote EV charging China passes plan to boost new energy vehicle industry Xpeng Scores Record Deliveries In September, 3rd Quarter BYD new-energy vehicle sales up 45% in September Electric Car Sales Triple In Race To Meet Europe Co2 Rules Why Amazon and Panasonic are betting on this battery recycling startup Inside Chile's Struggle To Make Lithium Mining 'Greener'   Show #905   Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Monday 12th October. It’s Martyn Lee here and I go through every EV story so you don't have to.   Thank you to MYEV.com for helping make this show, they’ve built the first marketplace specifically for Electric Vehicles. It’s a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too.   Nico Rosberg Drives VW ID.R "Here’s my Hot Lap surprise for you: Racing the VW ID.R at the Nürburgring F1 track before the 2020 Eifel Grand Prix! I’m looking forward to your feedback on my Hot Lap video in this electric missile!"   LG CHEM FORECASTS RECORD THIRD-QUARTER PROFIT "South Korea’s LG Chem Ltd, an electric vehicle (EV) battery supplier for Tesla and a petrochemicals maker, said on Monday its third-quarter operating profit likely jumped to a record high, beating analysts’ estimates." says Reutrers: "Analysts attributed it to orders from Tesla. LG Chem, along with China’s CATL, supplies batteries for Tesla’s electric cars made in Shanghai. Tesla posted record quarterly deliveries in the third quarter. Analysts expect LG Chem’s battery business to remain profitable in the third quarter and its mainstay petrochemicals business to post solid profits. Tesla’s long-term plan to produce its own cells have hurt LG Chem shares, which had rallied this year due to EV expectations."     TESLA UPDATE LETS YOU LOCK SENTRY MODE/TESLACAM STORAGE IN GLOVEBOX "Tesla is updating the interior of the Model 3 to let owners lock their Sentry Mode/TeslaCam storage device in the glovebox. Tesla owners have to plug a storage device in one of the USB ports in the center console and footage recorded by Sentry Mode and TeslaCam, the automaker’s dashcam feature, will be stored on it." says electrek: "Now we learn that Tesla is introducing a solution with the new Model 3 2021 refresh that we have been reporting on over the last few days. Tesla has updated the glovebox to now get a USB port on the top left corner of it, according to a picture of the updated design seen by Electrek. The new port is going to connect to Tesla’s MCU and enable Tesla owners to use with a storage device, like a portable SSD, in order to record Sentry Mode and TeslaCam events."     PAN-AMERICAN ELECTRIC-VEHICLE ROAD TRIP NOW POSSIBLE "hanks to Enel X, electric vehicle drivers now have a way to drive from North America all the way down to Ushuaia in southern Argentina. Enel X recently installed 220 of its JuiceBox charging points in 11 South and Central American countries: Argentina, Bolivia, Chile, Colombia, Costa Rica, Guatemala, Honduras, Mexico (including down to Ensenada, on the Baja California peninsula), Nicaragua, Panama, and Peru." reports Car and Driver: "The new "100% Electric Pan-American Charging Corridor" takes EV drivers along the Andes mountains, allowing them to follow along the 13,000-mile route that actor Ewan McGregor and his friend Charley Boorman took using electric motorcycles in the new Apple TV+ series Long Way Up. The two men drove electric Harley-Davidson bikes from Ushuaia to Los Angeles, and Ener X's Pan-American Charging Corridor is featured in the documentary program. While LiveWire electric motorcycles, the first Harley‑Davidson electric motorcycles, are the EV stars of the show, the film crew rode along in electric Rivian pick-up trucks, making the entire operation a tough test bed for new electric vehicles."     FRANCE: PLUG-IN ELECTRIC CAR SALES DOUBLED "In September, more than one in 10 new passenger car in France was a plug-in. Despite the overall passenger car sales in France decreasing a few percent in September, the plug-in electric car segment grew significantly to one of its highest results ever. The total number of registrations more than doubled to 18,588 (up 207% year-over-year). Passenger cars noted a market share of about 10.6%." according to InsideEVs: "The model rank is getting more interesting this Fall, although the dominance of Renault ZOE (2,878 in September and some 26,000 YTD) remains not threatened. The next two best were Peugeot e-208 (1,230) and Tesla Model 3 (1,083), but in fourth we saw the all-new Volkswagen ID.3 with 616 registrations."     DAIMLER'S LABOR CHIEF URGES EUROPEAN LAWMAKERS TO PROMOTE EV CHARGING "European lawmakers should promote electric car charging infrastructure as aggressively as they seek to lower CO2 emissions, Daimler's labor boss, Michael Brecht, said." reportsd Automotive News Europe; "Overall demand for cars could suffer if ownership of electric vehicles was not made more attractive with more readily available charging networks, Brecht said. Brecht said Daimler has reviewed its strategy to free up resources to retool its factories and retrain workers to build low emission cars."     CHINA PASSES PLAN TO BOOST NEW ENERGY VEHICLE INDUSTRY "China on Friday passed a development plan for the country's new energy vehicle (NEV) industry to foster new growth areas of green development, according to a statement issued after a State Council executive meeting" says CGTN: "Starting from 2021, at least 80 percent of public transportation, taxi and logistics vehicles in the national ecological civilization pilot zones in Fujian, Jiangxi, Guizhou and Hainan should be new energy vehicles."     XPENG SCORES RECORD DELIVERIES IN SEPTEMBER, 3RD QUARTER "Xpeng’s September deliveries amounted to 3,478 units, which is a new record for the company, and 8,578 was the quarterly total. The company’s new(ish), affordable sedan (the P7) dominated the company’s sales in September, totaling 2,573. The slightly older (but still quite young) small crossover/SUV, the G3, landed 905 sales." writes Zach at Cleantechnica: "Production of 40,000–50,000 electric cars a year is still a pretty niche amount, about what Tesla was doing with just the Model S and Model X. However, Xpeng is quickly working to go beyond this capacity. "     BYD NEW-ENERGY VEHICLE SALES UP 45% IN SEPTEMBER "China's leading new-energy vehicle (NEV) manufacturer BYD reported a strong rebound in its NEV sales in September, company data showed. In a filing to the Shenzhen Stock Exchange, the Shenzhen-based company said it sold 19,881 NEVs last month, up 45.3 percent year-on-year and up 30.1 percent month-on-month." according to China Daily: "In the January-September period, BYD sold 110,941 NEVs, down 42.4 percent year-on-year. The slump, however, narrowed from 49.1 percent in the January-August period with the help of the rebound in September."   https://global.chinadaily.com.cn/a/202010/10/WS5f8145b0a31024ad0ba7ddb0.html   ELECTRIC CAR SALES TRIPLE IN RACE TO MEET EUROPE CO2 RULES "One in 10 new cars sold across Europe this year will be electric or plug-in hybrid, triple last year’s sales levels after automakers launched new models to meet emissions rules, according to group projections Green Transport and Environment policy. The market share for most electric cars will rise to 15 percent next year, the group predicts" says The Financial Times: "According to the rules, automakers must reduce the average emissions of their vehicles to 95g of CO2 per km or face fines that can reach billions of euros. In the first six months of the year, average emissions fell from 122g to 111g, the biggest drop in six months in more than a decade. Toyota, which partners with Mazda, is very close to meeting its goals due to the widespread use of traditional hybrids, which run on both the engine and the battery. BMW, which has plug-in hybrids as well as its all-electric i3 model, met its targets for this year, as did Renault, which sells the Zoe electric. Renault’s alliance partner, Nissan, which sells the Leaf electric car, is also close to its goals."   https://www.ft.com/content/f3f7d99a-34a4-4650-a529-3731bd8bc17c   WHY AMAZON AND PANASONIC ARE BETTING ON THIS BATTERY RECYCLING STARTUP "[JB Straubel's] understated delivery obfuscates his ambitions and plans for Redwood Materials, the recycling startup that he co-founded in 2017. Straubel envisions and is actively working to make Redwood one of the world’s major battery recycling companies, with numerous facilities strategically scattered throughout the globe." says TechCrunch: "The company has a business-to-business strategy, recycling the scrap from battery cell production as well as consumer electronics like cell phone batteries, laptop computers, power tools, power banks, scooters and electric bicycles. Redwood collects the scrap from consumer electronics companies and battery cell manufacturers like Panasonic. It then processes these discarded goods, extracting materials like cobalt, nickel and lithium that are typically mined, and then supplies those back to Panasonic and other customers."   JB Straubel said: “As the world electrifies transportation it needs so many different materials and the supply chain upstream of the factory is, I think, often under appreciated. The Gigafactory is a little bit like an iceberg — there’s so much of it that’s kind of below the surface, in the suppliers and in the mines and refineries and all the different things that need to feed into it that you don’t typically see.”"     INSIDE CHILE'S STRUGGLE TO MAKE LITHIUM MINING 'GREENER' "Mining companies have descended on Chile to meet the demands of everything from phones to cars, but the environmental damage of water-heavy extraction processes has become a serious issue. Salt flat extraction is comparatively non-destructive to the landscape on a surface level but requires huge quantities of water to be pumped in from elsewhere or up from groundwater supplies, which is then evaporated in a series of pools to extract the lithium, removing it from the local ecosystem. " reportd The Drive: "The tension between needing lithium to mitigate climate change and actually causing it by desertifying a region would be ironic if it wasn’t so typically horrible."       You can listen to all 903 previous episodes of this this for free, where you get your podcasts from, plus the blog https://www.evnewsdaily.com/ – remember to subscribe, which means you don’t have to think about downloading the show each day, plus you get it first and free and automatically.   It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast.   And  if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing.   Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I’ll catch you tomorrow and remember…there’s no such thing as a self-charging hybrid.     PHIL ROBERTS / ELECTRIC FUTURE (PREMIUM PARTNER) BRAD CROSBY (PREMIUM PARTNER) AVID TECHNOLOGY (PREMIUM PARTNER) PORSCHE OF THE VILLAGE CINCINNATI (PREMIUM PARTNER) AUDI CINCINNATI EAST (PREMIUM PARTNER) VOLVO CARS CINCINNATI EAST (PREMIUM PARTNER) NATIONALCARCHARGING.COM and ALOHACHARGE.COM  (PREMIUM PARTNER) DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL (PREMIUM PARTNER) RICHARD AT RSYMONS.CO.UK – THE ELECTRIC VEHICLE SPECIALIST (PREMIUM PARTNER)   DAVID AND LISA ALLEN (PARTNER) OEM AUDIO OF NEW ZEALAND AND EVPOWER.CO.NZ (PARTNER) GARETH HAMER eMOBILITY NORWAY HTTPS://WWW.EMOBILITYNORWAY.COM/  (PARTNER) BOB BOOTHBY – MILLBROOK COTTAGES AND ELOPEMENT WEDDING VENUE (PARTNER) DARIN MCLESKEY FROM DENOVO REAL ESTATE (PARTNER) JUKKA KUKONEN FROM WWW.SHIFT2ELECTRIC.COM RAJEEV NARAYAN (PARTNER)   ALAN ROBSON (EXECUTIVE PRODUCER) ALAN SHEDD (EXECUTIVE PRODUCER) ALEX BANAHENE (EXECUTIVE PRODUCER) ALEXANDER FRANK @ https://www.youtube.com/c/alexsuniverse42 ANDERS HOVE (EXECUTIVE PRODUCER) ANDREA JEFFERSON (EXECUTIVE PRODUCER) ASEER KHALID (EXECUTIVE PRODUCER) ASHLEY HILL (EXECUTIVE PRODUCER) BÅRD FJUKSTAD (EXECUTIVE PRODUCER) BRIAN THOMPSON (EXECUTIVE PRODUCER) BRUCE BOHANNAN (EXECUTIVE PRODUCER) CHARLES HALL (EXECUTIVE PRODUCER) CHRIS HOPKINS (EXECUTIVE PRODUCER) COLIN HENNESSY AND CAMBSEV (EXECUTIVE PRODUCER) CRAIG COLES (EXECUTIVE PRODUCER) CRAIG ROGERS (EXECUTIVE PRODUCER) DAMIEN DAVIS (EXECUTIVE PRODUCER) DARREN FEATCH (EXECUTIVE PRODUCER) DAVE DEWSON (EXECUTIVE PRODUCER) DAVID FINCH (EXECUTIVE PRODUCER) DAVID MOORE (EXECUTIVE PRODUCER) DAVID PARTINGTON (EXECUTIVE PRODUCER) DAVID PRESCOTT (EXECUTIVE PRODUCER) DON MCALLISTER / SCREENCASTSONLINE.COM (EXECUTIVE PRODUCER) ERU KYEYUNE-NYOMBI (EXECUTIVE PRODUCER) FREDRIK ROVIK (EXECUTIVE PRODUCER) GENE RUBIN (EXECUTIVE PRODUCER) GILBERTO ROSADO (EXECUTIVE PRODUCER) GEOFF LOWE (EXECUTIVE PRODUCER) HEDLEY WRIGHT (EXECUTIVE PRODUCER) IAN GRIFFITHS (EXECUTIVE PRODUCER) IAN SEAR (EXECUTIVE PRODUCER) IAN (WATTIE) WATKINS (EXECUTIVE PRODUCER) JACK OAKLEY (EXECUTIVE PRODUCER) JAMES STORR (EXECUTIVE PRODUCER) JIM MORRIS (EXECUTIVE PRODICERS) JON AKA BEARDY MCBEARDFACE FROM KENT EVS (EXECUTIVE PRODUCER) JON MANCHAK (EXECUTIVE PRODUCER) JUAN GONZALEZ (EXECUTIVE PRODUCER) KEN MORRIS (EXECUTIVE PRODUCER) KEVIN MEYERSON (EXECUTIVE PRODUCER) KYLE MAHAN (EXECUTIVE PRODUCER) LARS DAHLAGER (EXECUTIVE PRODUCER) LAURENCE D ALLEN (EXECUTIVE PRODUCER) LEE BROWN (EXECUTIVE PRODUCER) LUKE CULLEY (EXECUTIVE PRODUCER) MARCEL WARD (EXECUTIVE PRODUCER) MARK BOSSERT (EXECUTIVE PRODUCER) MARTY YOUNG  (EXECUTIVE PRODUCER) MATT PISCIONE (EXECUTIVE PRODUCER) MIA OPPELSTRUP (PARTNER) MICHAEL PASTRONE (EXECUTIVE PRODUCER) MIKE WINTER (EXECUTIVE PRODUCER) NATHAN GORE-BROWN (EXECUTIVE PRODUCER) NEIL E ROBERTS FROM SUSSEX EVS (EXECUTIVE PRODUCER) NICHOLAS MILLER (EXECUTIVE PRODUCER) NIGEL MILES (EXECUTIVE PRODUCER) OHAD ASTON (EXECUTIVE PRODUCER) PAUL RIDINGS (EXECUTIVE PRODUCER) PAUL STEPHENSON (EXECUTIVE PRODUCER) PETE GLASS (EXECUTIVE PRODUCER) PETE GORTON (EXECUTIVE PRODUCER) PETER & DEE ROBERTS FROM OXON EVS (EXECUTIVE PRODUCER) PHIL MOUCHET (EXECUTIVE PRODUCER) PHILIP TRAUTMAN (EXECUTIVE PRODUCER) RAJ BADWAL (EXECUTIVE PRODUCER) RENE KEEMIK (EXECUTIVE PRODUCER) RENÉ SCHNEIDER (EXECUTIVE PRODUCER) RICHARD LUPINSKY (EXECUTIVE PRODUCER) ROB HERMANS (EXECUTIVE PRODUCER) ROB FROM THE RSTHINKS EV CHANNEL ON YOUTUBE (EXECUTIVE PRODUCER) RUPERT MITCHELL (EXECUTIVE PRODUCER) SEIKI PAYNE (EXECUTIVE PRODUCER) STEPHEN PENN (EXECUTIVE PRODUCER) STEVE JOHN (EXECUTIVE PRODUCER) THOMAS J. THIAS  (EXECUTIVE PRODUCER) TODD OAKES (EXECUTIVE PRODUCER) THE PLUGSEEKER – EV YOUTUBE CHANNEL (EXECUTIVE PRODUCER) TIM GUTTERIDGE (EXECUTIVE PRODUCER) WILLIAM LANGHORNE (EXECUTIVE PRODUCER)     CONNECT WITH ME! EVne.ws/itunes EVne.ws/tunein EVne.ws/googleplay EVne.ws/stitcher EVne.ws/youtube EVne.ws/iheart EVne.ws/blog EVne.ws/patreon   Check out MYEV.com for more details: https://www.myev.com

In today’s episode: U.S. retirement fund withdraws from Chinese investments following escalating pressure from President Trump and American lawmakers; Shenzhen Stock Exchange delists debt-ridden Leshi; and why Kuaishou is taking a competitor to court. Read further coverage at caixinglobal.com Sign up this May for a 30% discount on Caixin Global's basic yearly digital subscription.

Once Chinese companies rise to the top of the domestic market, another challenge emerges: publicly listing on one of the major U.S. stock exchanges. Among the more recent listings, there is Bilibili and iQIYI for video, and Lizhi and Tencent Music for audio.Ross Warner (vice president of The Piacente Group) and Elliott Zaagman (co-host of the China Tech Investor podcast) join Aladin Farré to explain the requirements of going public in the United States, the knowledge gap between Chinese companies and Western investors, and how going public can influence content creation and distribution.Middle Earth is made by China Compass Productions. If you have a China-themed cultural project, please get in touch!With thanks to Brenden Gonsalves for graphic design and Sean Calvo for music support.Recommendations: Rich Dad Poor Dad and The Intelligent Investor, self-help books on investments. The China Hustle, a 2017 documentary about how small Chinese companies were hyped up and sold by American investment banks to U.S.-based investors.The Motley Fool Podcasts, a series of podcasts about investing. Like the podcasts at SupChina? Help us out by taking this brief survey. Answers to the quiz:152 Chinese companies are listed on the major U.S. stock exchanges. Beijing Jingxi Culture and Tourism (北京京西文化旅游股份有限公司), the company that produced Wolf Warrior 2, is the company that was queried by the Shenzhen Stock Exchange after fraud allegations.

#CryptoCorner: Tencent (OTC: TCEHY) Establishing Digital Currency Research Group, Shenzhen Stock Exchange Launches Blockchain Index, OKEx Launches BTC Options Trading for Select Clients

#CryptoCorner: Tencent (OTC: TCEHY) Establishing Digital Currency Research Group, Shenzhen Stock Exchange Launches Blockchain Index, OKEx Launches BTC Options Trading for Select Clients

#CryptoCorner: Tencent (OTC: TCEHY) Establishing Digital Currency Research Group, Shenzhen Stock Exchange Launches Blockchain Index, OKEx Launches BTC Options Trading for Select Clients

#CryptoCorner: Tencent (OTC: TCEHY) Establishing Digital Currency Research Group, Shenzhen Stock Exchange Launches Blockchain Index, OKEx Launches BTC Options Trading for Select Clients

In episode 48 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma take a look at the direct-to-consumer, or D2C, brands in China. Specifically, they highlight one of the early winners of the business model: Three Squirrels, a Chinese internet snack brand that started off with selling nuts and went public on the Shenzhen Stock Exchange last week with a market cap of close to $2 billion. Though the company has not been covered much in English, it has been all the buzz in China's tech community, and is a story that our co-hosts think is good for demonstrating both the similarities and the differences in the rise of D2C in the U.S. and China. Rui and Ying-Ying begin by explaining what they mean by the “snack market” in China. Though estimates differ on the market size, as well as the definitions of the market itself, our co-hosts agree that the market is enormous as well as highly fragmented. Enter CEO Liaoyuan Zhang (章燎原), whose background prior to founding Three Squirrels — in contrast to many of the founders we have featured so far on TechBuzz — was decidedly unprivileged and unremarkable. He was a street vendor, motorcycle taxi operator, and more, before being hired into a firm that sold nuts and eventually being promoted all the way up to managing director for sales. Listen to find out: What insights did Zhang glean from his experiences in sales, and in the nut industry? Why do we say that Zhang had the right idea (investing into the Chinese version of D2C brands) and the right timing (early 2012) for starting Three Squirrels? How has Zhang's genius for marketing fueled the growth of the brand? What about the company's obsession with intellectual property? What reasons other than branding did Kathy (徐新), the founder of Capital Today who led the company's Series B, give for investing? Overall, what were and are the company's weaknesses? Finally, how does the story of Three Squirrels converge with what we are seeing in the U.S. with direct-to-consumer brands such as Warby Parker, Dollar Shave Club, Glossier, Kylie Cosmetics, and more? As always, you can find these stories and more at pandaily.com. If you enjoy our content, please do let us know by leaving us an iTunes review, liking our Facebook page, and tweeting at us at@techbuzzchina! Thank you also to our listeners over at our partner, dealstreetasia.com.We are grateful for our patient and talented producers, Shaw Wan and Kaiser Kuo, and for our wonderful interns, Wang Menglu and Mindy Xu. Thank you!

In episode 48 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma take a look at the direct-to-consumer, or D2C, brands in China. Specifically, they highlight one of the early winners of the business model: Three Squirrels, a Chinese internet snack brand that started off with selling nuts and went public on the Shenzhen Stock Exchange last week with a market cap of close to $2 billion. Though the company has not been covered much in English, it has been all the buzz in China’s tech community, and is a story that our co-hosts think is good for demonstrating both the similarities and the differences in the rise of D2C in the U.S. and China. Rui and Ying-Ying begin by explaining what they mean by the “snack market” in China. Though estimates differ on the market size, as well as the definitions of the market itself, our co-hosts agree that the market is enormous as well as highly fragmented. Enter CEO Liaoyuan Zhang (章燎原), whose background prior to founding Three Squirre...

In episode 48 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma take a look at the direct-to-consumer, or D2C, brands in China. Specifically, they highlight one of the early winners of the business model: Three Squirrels, a Chinese internet snack brand that started off with selling nuts and went public on the Shenzhen Stock Exchange last week with a market cap of close to $2 billion. Though the company has not been covered much in English, it has been all the buzz in China’s tech community, and is a story that our co-hosts think is good for demonstrating both the similarities and the differences in the rise of D2C in the U.S. and China.  Rui and Ying-Ying begin by explaining what they mean by the “snack market” in China. Though estimates differ on the market size, as well as the definitions of the market itself, our co-hosts agree that the market is enormous as well as highly fragmented. Enter CEO Liaoyuan Zhang (章燎原), whose background prior to founding Three Squirrels — in contrast to many of the founders we have featured so far on TechBuzz — was decidedly unprivileged and unremarkable. He was a street vendor, motorcycle taxi operator, and more, before being hired into a firm that sold nuts and eventually being promoted all the way up to managing director for sales.  Listen to find out: What insights did Zhang glean from his experiences in sales, and in the nut industry? Why do we say that Zhang had the right idea (investing into the Chinese version of D2C brands) and the right timing (early 2012) for starting Three Squirrels? How has Zhang’s genius for marketing fueled the growth of the brand? What about the company’s obsession with intellectual property? What reasons other than branding did Kathy (徐新), the founder of Capital Today who led the company’s Series B, give for investing? Overall, what were and are the company’s weaknesses? Finally, how does the story of Three Squirrels converge with what we are seeing in the U.S. with direct-to-consumer brands such as Warby Parker, Dollar Shave Club, Glossier, Kylie Cosmetics, and more?  As always, you can find these stories and more at pandaily.com. If you enjoy our content, please do let us know by leaving us an iTunes review, liking our Facebook page, and tweeting at us at @techbuzzchina! Thank you also to our listeners over at our partner, dealstreetasia.com. We are grateful for our patient and talented producers, Shaw Wan and Kaiser Kuo, and for our wonderful interns, Wang Menglu and Mindy Xu. Thank you!

In Episode 40 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about the new “Technology Innovation Board” on the Shanghai Stock Exchange, which formally announced its first set of rules last week. Rui and Ying-Ying explain that given its recent trajectory, this registration-based NASDAQ-style board could be launched in a few months, if not weeks — much more quickly than skeptics have assumed. With this news as the backdrop, this week's episode serves as a quick primer into the differences between China and the U.S.'s capital markets, as well as how these contrasts may explain some of the differences in Chinese tech entrepreneurship and capital versus those in the U.S.Rui and Ying-Ying begin by walking through a brief history of Chinese domestic capital markets, which had a total market cap of $6 billion late last year and are still really young compared with those in the U.S.; in fact, both the Shenzhen Stock Exchange and the larger Shanghai Stock Exchange were founded in 1990. Notably, prior to last fall, foreigners were unable to invest in A-shares on either exchange. Even after loosening controls earlier this year and doubling the amount foreign investors can invest, China still enforces a total quota of $300 billion, shared globally.Our co-hosts cover a range of core questions in this episode. Listen to find out: How does the fact that the Chinese exchanges are approval-based, and not registration-based, affect listings? What role does the China Securities Regulatory Commission, or CSRC, play? Why are there only 3,500 publicly listed companies in China? Why did the Shenzhen Stock Exchange create two additional avenues for listing, in the form of the SME Board and ChiNext? How does the National Equities Exchange and Quotations (NEEQ), or New Third Board, fit into all of this? Why is it that most of China's best internet companies are listed abroad, and how does that fact play into the new Technology Innovation Board's intentions and potential for impact? From the perspective of a company preparing to list, what are the pros and cons of listing in mainland China versus abroad?As always, you can find these stories and more at pandaily.com. Do let us know what you think of the show by leaving us an iTunes review, liking our Facebook page, and tweeting at us at @techbuzzchina to win some swag! Thanks also to our listeners over at our partner, dealstreetasia.com.Special thanks to our awesome producers, Shaw Wan and Kaiser Kuo. Our intern is Wang Menglu.Our sponsor this week is the University of San Francisco. USF's Masters in Applied Economics combines economics training with the practical skills in data analytics that you really need to understand today's new digital economy. To learn more, listeners can visit usfca.edu/techbuzz.

In Episode 40 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about the new “Technology Innovation Board” on the Shanghai Stock Exchange, which formally announced its first set of rules last week. Rui and Ying-Ying explain that given its recent trajectory, this registration-based NASDAQ-style board could be launched in a few months, if not weeks — much more quickly than skeptics have assumed. With this news as the backdrop, this week’s episode serves as a quick primer into the differences between China and the U.S.’s capital markets, as well as how these contrasts may explain some of the differences in Chinese tech entrepreneurship and capital versus those in the U.S. Rui and Ying-Ying begin by walking through a brief history of Chinese domestic capital markets, which had a total market cap of $6 billion late last year and are still really young compared with those in the U.S.; in fact, both the Shenzhen Stock Exchange and the larger Shanghai Stock Exchange wer...

In Episode 40 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about the new “Technology Innovation Board” on the Shanghai Stock Exchange, which formally announced its first set of rules last week. Rui and Ying-Ying explain that given its recent trajectory, this registration-based NASDAQ-style board could be launched in a few months, if not weeks — much more quickly than skeptics have assumed. With this news as the backdrop, this week’s episode serves as a quick primer into the differences between China and the U.S.’s capital markets, as well as how these contrasts may explain some of the differences in Chinese tech entrepreneurship and capital versus those in the U.S. Rui and Ying-Ying begin by walking through a brief history of Chinese domestic capital markets, which had a total market cap of $6 billion late last year and are still really young compared with those in the U.S.; in fact, both the Shenzhen Stock Exchange and the larger Shanghai Stock Exchange were founded in 1990. Notably, prior to last fall, foreigners were unable to invest in A-shares on either exchange. Even after loosening controls earlier this year and doubling the amount foreign investors can invest, China still enforces a total quota of $300 billion, shared globally. Our co-hosts cover a range of core questions in this episode. Listen to find out: How does the fact that the Chinese exchanges are approval-based, and not registration-based, affect listings? What role does the China Securities Regulatory Commission, or CSRC, play? Why are there only 3,500 publicly listed companies in China? Why did the Shenzhen Stock Exchange create two additional avenues for listing, in the form of the SME Board and ChiNext? How does the National Equities Exchange and Quotations (NEEQ), or New Third Board, fit into all of this? Why is it that most of China’s best internet companies are listed abroad, and how does that fact play into the new Technology Innovation Board’s intentions and potential for impact? From the perspective of a company preparing to list, what are the pros and cons of listing in mainland China versus abroad? As always, you can find these stories and more at pandaily.com. Do let us know what you think of the show by leaving us an iTunes review, liking our Facebook page, and tweeting at us at @techbuzzchina to win some swag! Thanks also to our listeners over at our partner, dealstreetasia.com. Special thanks to our awesome producers, Shaw Wan and Kaiser Kuo. Our intern is Wang Menglu. Our sponsor this week is the University of San Francisco. USF’s Masters in Applied Economics combines economics training with the practical skills in data analytics that you really need to understand today’s new digital economy. To learn more, listeners can visit usfca.edu/techbuzz.

It’s Tuesday 12th June 2018 and this is your EV News Daily. Good morning, good afternoon and good evening! Wherever you're listening around the world, a very warm welcome from London, UK.  Here is today’s news about electric cars and the future of transport. My name is Martyn Lee and I go through every EV article online so you don’t have to.   JAGUAR LAND ROVER MAKES ROOM FOR ELECTRIC RE-TOOLING "Britain’s biggest car manufacturer, Jaguar Land Rover, is to transfer all production of its Land Rover Discovery model from the West Midlands to a plant in Slovakia, potentially putting hundreds of agency jobs at risk." reports The UK's Guardian. However the move is seen as an opportunity to re-tool the plant to build the next wave of electric cars. "The company has said it would make an electric option for each of its new models after 2020 David Bailey, the professor of industrial strategy at Aston University, said: “There has been speculation locally that they needed to free up space to make electric vehicles. There was concern that their first electric car, the I-Pace, was being made in Austria – people wanted that built here. If this move on the Discovery means producing electric cars here, overall that is a good thing. We want to see that transition to a low-carbon economy in the Midlands and we want to see the jobs here.”   GERMANY DISCOVERS MORE 'SWITCH OFF' DEVICES IN MERCEDES Daimler shares fell following a report that up to 1 million Daimler cars could contain their own form of what is commonly called a 'defeat devices', as Chief Executive Dieter Zetsche prepared to meet the transport minister on Monday. "Daimler declined to comment on the 1 million vehicles figure, but said it is cooperating fully and transparently with the KBA and Germany's Transport Ministry." reports Autoblog: "Daimler, like other car manufacturers, uses urea nitrate liquids to neutralize nitrogen oxide emissions in exhaust fumes. However, Germany's road vehicle authority, the KBA, has taken issue with the emission control features amid suspicion they allow vehicles to emit excess pollution without detection."   MORE ON TESLA AUTOPILOT AND AI Following up on the story we talked about on yesterday show about improved Autopilot for Tesla: "With V9, we will begin to enable full self-driving features" A reminder than version 8.0 arrived in 2016 so this update is long-awaited. @anandrajk - "Speaking of merging and autopilot the biggest issue i have noticed is when two lanes merge and it is rush hour traffic. The autopilot is not able to decide to let the car slightly ahead on the neighboring lane go ahead and I invariably find myself cornered!" @elonmusk - "That issue is better in latest Autopilot software rolling out now & fully fixed in August update as part of our long-awaited Tesla Version 9. To date, Autopilot resources have rightly focused entirely on safety. With V9, we will begin to enable full self-driving features." Meanwhile, in a related story picked up by Fred Lambert, Electrek reports: "Andrej Karpathy, Tesla’s director of AI and computer vision, is currently hard at work trying to improve Autopilot by training Tesla’s neural net with incredible amounts of data from Tesla’s fleet. He describes how labeling different types of road lines can be quite complex due to the variety of lanes across different regions. He gave another example of Tesla’s dataset with traffic lights, which he says can “get crazy really fast. Karpathy explained that it takes “time and attention” to build a dataset and it is “painful,” which is why they are trying to build new tools at Tesla to help them create “software 2.0” code."   TESLA’S ‘SUPERIOR’ ELECTRONIC ARCHITECTURE ‘OVERLOOKED’ SAYS BERENBERG "Analysts at investment bank Berenberg said people tended to dwell on the competitive landscape for electric car maker Tesla Inc. (NASDAQ:TSLA), but underestimated the “full extent of Tesla’s technology advantage." say the team at Proactiveinvestors “Imminent competition from traditional Original Equipment Manufacturers (OEMs) is often cited as a key threat to Tesla, but this underestimates the full extent of Tesla’s technology advantage, which manifests in the entire electronic architecture design,” wrote analysts at Berenberg in a research note to clients issued Friday. “This is a decisive barrier for legacy carmakers. Tesla’s centralised, integrated, technology-driven architecture enables flexibility and OTA (over-the-air) software-upgradeability across the entire domain. In contrast, traditional architectures implement technology additively to the legacy infrastructure, resulting in decentralised electronic control units (ECUs) systems that creates excess complexity and incompatibility,” they added.   CATL SURGES ON DAY ONE "Making its market debut in Shenzhen on Monday, China's largest lithium battery maker Contemporary Amperex Technology Ltd. saw its shares soar by 44% -- the maximum allowed for newly-listed stocks on their first trading day." according to Nikkei.com: "CATL's shares, which were listed on the tech-focused ChiNext index of the Shenzhen Stock Exchange, reached 36.2 yuan apiece, giving the seven-year-old company a valuation of $78.6 billion yuan ($12.2 billion). This makes it the second largest company by market capitalization on ChiNext, with investors bullish on industries related to electric vehicles thanks to Beijing's campaign against pollution."   MERCEDES BENZ SHOWS OFF EQA PROTOYPE "Mercedes has showed off footage of its prototype EQA, the compact EV that's part of its next-generation of EQ electric cars. It first unveiled the A-Class-sized electric car at the Frankfurt Auto Show last year, but it now apparently has a working prototype." according to Engadget: "Its expected to have a 60 kWh battery pack that will yield a 200 to 250 mile range, and electric drivetrain that will propel it from 0 to 60 mph in around five seconds. A DC quick-charging system will allow you to add 60 miles or so of range in just ten minutes. All three EQ EVs just happen to match up against Tesla models, with the EQA taking on the Model 3, the EQS the Model S, and the EQC matching up against Tesla's Model X. Mercedes hasn't revealed the pricing of any of the vehicles yet, of course, nor when the EQS and EQA would come to market."   I’d love to spread the word about electric cars so, if you can, share this somebody who might be interested. You can listen to every previous episode of this podcast on iTunes, Google Play, Spotify, YouTube, TuneIn, Stitcher, and the blog https://www.evnewsdaily.com/ – remember to subscribe, which means you don’t have to think about downloading the show each day, plus you get it first and free and automatically. It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, and I'll catch you tomorrow.   CONNECT WITH ME! evne.ws/itunes evne.ws/tunein evne.ws/googleplay evne.ws/stitcher evne.ws/youtube evne.ws/soundcloud evne.ws/blog

Kunlé Adeyemi founded NLÉ in Amsterdam and Lagos in 2010, after over eight years at OMA. Raised in Kaduna, Nigeria, with an architect father who was constantly redesigning his childhood home, Adeyemi studied architecture in Lagos before getting an MArch II at Princeton, studying with Peter Eisenman. His work at OMA included pivotal roles in projects such as Lagos’ master plan and the Shenzhen Stock Exchange. Throughout his work, he focuses on issues of rapid urbanization and climate change in the Global South. I spoke with Kunlé this past August, for his keynote presentation at the AIA Tennessee Convention in Chattanooga. We cover his work in wide breadth: how he focuses on cities’ relationships to water and infrastructure, quickly iterating projects like the Makoko Floating School prototypes in Lagos and at the Venice Biennale, and why he left OMA to start his own firm in the first place. Due to a technical glitch in the live recording, the episode starts about ten minutes into our conversation.