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Oil Price Shock Drives 140% Surge In China's EV Exports To Record High
Oil Price Shock Drives 140% Surge In China's EV Exports To Record High
By Michael Kern of OilPrice.com,
Chinese electric vehicle exports soared by 140% to a record high in March as the fuel price shock drove consumers back to EVs.
BYD electric vehicles bound for export in China.Source: AFP/Getty Images
China exported as many as 349,000 electric vehicles last month, a record high number of any month ever, according to data from the China Passenger Car Association cited by Bloomberg.
Drivers in Asia Pacific, Europe, and the United States started searching for EVs...
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May 19, 2026 / Tyler Durden
"Closely Monitoring The Situation": Germany Fears Next Migration Wave After Spanish PM Welcomes Hundreds Of thousands Of Illegals
"Closely Monitoring The Situation": Germany Fears Next Migration Wave After Spanish PM Welcomes Hundreds Of thousands Of Illegals
Via Remix News,
With Spanish Prime Minister Pedro Sánchez legalizing what could amount to as many as 1.6 million migrants, other EU member states are getting worried, and not just neighboring France.
While the Socialist prime minister’s announcement originally aimed to naturalize some 500,000 migrants by handing them residency permits and work permits, German authorities estimate that there could be as many as 850,000 applicants in Spain, writes Bild. Leaked internal Spanish police documents have already...
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Aug 29, 2026 / Tyler Durden
Burning Man: Richest Hippies Alive?
Burning Man: Richest Hippies Alive?
Summer is music festival time and while one major event, Coachella, kicks off the U.S. season in April, Burning Man – starting this Sunday in Nevada – closes it out.
The two events might seem like polar opposites in the music festival realm, but have more in common than meets the eye.
Burning Man continues to be an icon of counterculture but attending the festival that relies on visitors to be self-sufficient to a high degree is expensive.
As Statista's Katharina Buchholz reports, the personal income of the average attendee has...
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Apr 30, 2026 / Tyler Durden
Apple Drops After Mixed Results: America, Europe Revenue Miss; Iphone Sales Disappoint, But China Surges Again
Apple Drops After Mixed Results: America, Europe Revenue Miss; Iphone Sales Disappoint, But China Surges Again
Ahead of today's AAPL earnings report, we've had a mixed picture from Mag 7 earnings so far: GOOGL soared to a record high, MSFT and AMZN both dropped (although they recovered much of their losses throughout the day) and META crashed, all on different reads of their capex. Which leaves AAPL to complete the picture of the big 5 megacaps (with NVDA set to report in a few weeks). As we previewed earlier, focus today...
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