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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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