{"id":1967664,"date":"2023-07-08T19:32:02","date_gmt":"2023-07-08T23:32:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinese-storm-looming-over-europes-ev-sector-renault-chairman-warns\/"},"modified":"2023-07-08T19:33:09","modified_gmt":"2023-07-08T23:33:09","slug":"chinese-storm-looming-over-europes-ev-sector-renault-chairman-warns","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinese-storm-looming-over-europes-ev-sector-renault-chairman-warns\/","title":{"rendered":"Renault chairman warns of impending &#8216;Chinese storm&#8217; in Europe&#8217;s EV sector."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fchinese-storm-looming-over-europes-ev-sector-renault-chairman-warns%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1967664&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<h2>A &#8220;Chinese Storm&#8221; Looms Over Europe&#8217;s Electric Vehicle Sector<\/h2>\n<p>By Mathieu Rosemain<\/p>\n<p>AIX-EN-PROVENCE, France (Reuters) \u2013 A &#8220;Chinese storm&#8221; is looming over Europe&#8217;s growing electric vehicle (EV) sector, Renault Chairman Jean-Dominique Senard told Reuters on Saturday, as Asia&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinese-storm-looming-over-europes-ev-sector-renault-chairman-warns\/\" title=\"Renault chairman warns of impending 'Chinese storm' in Europe's EV sector.\">superpower dominates key raw materials<\/a> to make batteries for zero emission cars. <\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>China&#8217;s recent decision to restrict exports of two metals \u2013 gallium and germanium \u2013 used in semiconductors and EVs should raise red flags for European leaders as it shows the continent&#8217;s over-reliance on China and the need to build a costly supply chain, Senard said in an interview. <\/p>\n<p>&#8220;When I talk about a Chinese storm, I&#8217;m talking about the strong pressure today related to Chinese (electric) vehicle imports into Europe,&#8221; Senard said. <\/p>\n<p>&#8220;We are capable of making electric vehicles, but we are fighting to ensure the safety of our supplies,&#8221; he said, adding China&#8217;s EV industry and supply chain for raw materials resulted from years of investments that would cost billions of euros to replicate. <\/p>\n<p>China&#8217;s export restrictions are escalating a technology war with the United States, potentially causing more disruption to global supply chains. Europe finds itself in the middle of the spat, compelling it to look for alternatives in the worst-case-scenario.  <\/p>\n<p>&#8220;If there&#8217;s a real geopolitical crisis, the damage to battery factories solely powered by products coming from outside will be considerable,&#8221; Senard warned. &#8220;That&#8217;s the issue&#8221;.<\/p>\n<p>The development of alternative fuels \u2013 such as synthetic e-fuels and hydrogen \u2013 would be crucial in the event of a sudden shortage of batteries due to a dearth of raw materials, Senard said.<\/p>\n<p>&#8220;As any careful manufacturer would do&#8230; we&#8217;re looking for alternatives to avoid paralyzing the country if, for example, we run out of batteries&#8221;.<\/p>\n<\/p>\n<p> (Reporting by Mathieu Rosemain; Additional reporting by Gilles Guillaume; Editing by Mark Potter)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/chinese-storm-looming-over\/attachment\/file-photo-french-president-emmanuel-macron-visits-douai\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Facebook Releases New Threads App<\/h3>\n<p>Facebook and Meta&#8217;s Mark Zuckerberg releases new Threads app, which many say is a &#8216;softer&#8217; version of rival Elon Musk&#8217;s Twitter app, but the new app faces controversy.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Republican Attorney General Jeff Landry Leads in Louisiana Governor Race<\/h3>\n<p>National Political Correspondent Neil W. McCabe interviewed pollster Doug Kaplan about his Kaplan Strategies poll showing Louisiana&#8217;s Republican Attorney General Jeff Landry with a commanding lead in his race to be the next the next Pelican State governor.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Conservative Group Implodes Amid Presidential Candidate Alignment<\/h3>\n<p>New reports allege that a top Conservative group is imploding, after it&#8217;s been revealed that the founder is aligning herself with one presidential candidate. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Mark Zuckerberg Releases Rival Social Media App<\/h3>\n<p>Meanwhile, Mark Zuckerberg releases his <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tusk-ceo-jeff-bermant-on-threads-launch\/\" title=\"Tusk CEO Jeff Bermant discusses Threads launch.\">latest social media app<\/a> to rival Twitter, In his feud with Elon Musk.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Amazon Workers in Britain to Stage Three-Day Strike<\/h3>\n<p>By Anirudh Saligrama (Reuters) -Nearly 900 Amazon workers at a warehouse in Britain will stage a strike for three days in the\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Chinese Authorities Fine Companies $984 Million<\/h3>\n<p>By Julie Zhu and Jane Xu HONG KONG (Reuters) -Chinese authorities announced on Friday a 7.12 billion yuan ($984 million) fine for\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>India&#8217;s AI4Bharat Raises $12 Million for Research<\/h3>\n<p>By Yuvraj Malik (Reuters) \u2013 Researchers at India&#8217;s AI4Bharat are raising $12 million from venture capital firms Peak XV and Lightspeed Venture\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>Tesla Urges Stricter Vehicle Emissions Limits<\/h3>\n<p>By David Shepardson WASHINGTON (Reuters) -Tesla wants the Biden administration to finalize more <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-ntsb-probes-boeing-737-max-engine-fire-at-newark-airport\/\" title=\"The US NTSB investigates engine fire on Boeing 737 MAX at Newark Airport.\">stringent vehicle emissions limits<\/a> than those proposed in April\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Renault Chairman Jean-Dominique Senard warns of a &#8220;Chinese storm&#8221; in Europe&#8217;s EV sector as China&#8217;s dominance in key raw materials for battery production threatens the region. China&#8217;s export restrictions on gallium and germanium have raised concerns about the availability of these metals for zero-emission vehicles.<\/p>\n","protected":false},"author":66,"featured_media":1967665,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1967664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1967664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1967664"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1967664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1967665"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1967664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1967664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1967664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}