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NIO

Global renewables investment fell in the first half of this year

While Spain, Sweden, Ukraine and Brazil attracted more funds than last year, China’s transition to an auction-based procurement system and slow performance overall in Europe saw worldwide backing decrease. BloombergNEF does expect investments to ramp up in the second half, however.

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Total looks to Chinese EV market

Oil and gas company Total has announced it will work alongside Shanghai-based NIO – the world’s inaugural Formula E champion – to develop products for a potentially huge electric vehicle marketplace in the populous Asian nation.

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