New products to supply a market in need of cost savings...
These will replace most of the ICE vehicles used for this purpose...
Just like the Tesla and other Mfgrs. electric Semi trucks will send diesel packing....
BigBarney
Ford and GM electric vans for delivery
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Maybe they can sell some to China and save some of the LNG for Europe.
Some for the retail truck buyer... $25,000 price...In China...
And some of the big boys too...BYD and other companies...
https://techxplore.com/news/2024-12-chinese-firms-ev-truck.html
BigBarney
And some of the big boys too...BYD and other companies...
https://techxplore.com/news/2024-12-chinese-firms-ev-truck.html
BigBarney
China builds 30% of the worlds LNG tanker ...
"According to recent data, around 30% of LNG tankers are currently being built in China, with this share rapidly increasing in recent years, taking a significant portion of the global LNG carrier market from previously dominant South Korean shipyards.
Key points about China's LNG tanker construction:
Market share growth:
China's share of LNG carrier orders has jumped from less than 7% in 2021 to around 30% in 2022.
Major shipbuilders:
Companies like China State Shipbuilding Corporation (CSSC) and China Merchants Heavy Industry are key players in China's LNG tanker construction.
Record orders:
Chinese shipyards have seen a surge in LNG tanker orders, contributing to their growing market share"
"The new contracts would boost the global LNG fleet by 10%. Of the global fleet, historically, about two-thirds of the ships have been built by South Koreans, 22% by Japanese, 7% by Chinese, and the rest built by a combination of France, Spain, and the United States."
BigBarney
"According to recent data, around 30% of LNG tankers are currently being built in China, with this share rapidly increasing in recent years, taking a significant portion of the global LNG carrier market from previously dominant South Korean shipyards.
Key points about China's LNG tanker construction:
Market share growth:
China's share of LNG carrier orders has jumped from less than 7% in 2021 to around 30% in 2022.
Major shipbuilders:
Companies like China State Shipbuilding Corporation (CSSC) and China Merchants Heavy Industry are key players in China's LNG tanker construction.
Record orders:
Chinese shipyards have seen a surge in LNG tanker orders, contributing to their growing market share"
"The new contracts would boost the global LNG fleet by 10%. Of the global fleet, historically, about two-thirds of the ships have been built by South Koreans, 22% by Japanese, 7% by Chinese, and the rest built by a combination of France, Spain, and the United States."
BigBarney