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The Future Looks Dim for Big Oil in the Motor Vehicle Industry
Just as American consumers closed out the horse-and-buggy era at the start of the 1900s with the arrival of gas-run vehicles, carriage makers saw the handwriting on the wall and gradually moved capital, labor, and creative efforts elsewhere. Big Oil’s executives today certainly recognize that the gas-run vehicle era is fast ending once EV prices […]
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Xi Jinping in the US
This week’s News on China. Sources: • Xi Jinping in the US https://www.scmp.com/news/china/diplo… https://www.globaltimes.cn/page/20231… https://www.scmp.com/news/china/artic… https://asia.nikkei.com/Politics/Inte… • BYD catches up with Tesla https://asia.nikkei.com/Spotlight/The… https://es-us.finanzas.yahoo.com/noti… • Xizang Autonomous Region improves living standards https://www.globaltimes.cn/page/20231… https://www.globaltimes.cn/page/20231… https://www.globaltimes.cn/page/20231… • Women’s boxing gains popularity in China https://www.sixthtone.com/news/1013914 https://news.cgtn.com/news/2023-03-26…
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Worries from a Major Auto Dealer About All Electric Cars
John (Jack) Fitzgerald is no ordinary auto dealer. He communicates with consumer advocates. He started in the dealership business in 1956 and presently has 25 Fitzgerald Auto Mall dealerships in Maryland, Pennsylvania and Florida. He knows about automobiles. Mr. Fitzgerald called me in August with worries about electric vehicles. For decades he has seen how […]
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China Railway Completes 453 km/h Train Tests
This week’s News on China. • CATL develops and researches electric batteries in Germany • More support measures for the real estate sector • Clean energy targets achieved 5 years ahead of schedule • China Railway completes 453 km/h train tests
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