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GRAPHIC: Electric vehicles: Sales forecast - GRAPHIC: Electric vehicles: Market share Daimler aims to have up to 10 electrified car variants by 2022, a target reiterated on Tuesday by Daimler CEO Dieter Zetsche, who hopes the EQC and its other electric cars will account for 15-25 percent of its sales by 2025. The Germans are now introducing their Tesla fighters as consumers are beginning to adopt electric cars on a larger scale, driven by regulations that are making their diesel-guzzling variants more expensive and electric cars becoming cheaper and easier to own.

Fielding questions about whether the company could launch more variants as the electric market explodes, Zetsche said that the planned 10 electric variants silver and mother of pearl stairstep tie clip cufflinks would already allow Daimler to cater to 60 percent its relevant electric cars market, “My understanding is, when we’re listening to the public and our competitors, that (our targets) are aggressive side rather than the defensive side,” he told reporters, Tesla has had virtually no competition up to now, which has allowed it to easily become the frontrunner and persuade early adopters to pay a premium for an all-electric car from a relative unknown, with no quality track-record or physical dealerships for servicing and support..

But the German carmakers have a century of manufacturing behind them, with sterling brands and an existing customer base in the millions and their new variants are about to hit the market as Tesla faces questions about its ability to generate cash and manage the scaling of its production. Zetsche said on Tuesday that Tesla would be a competitor to the Germans in the electric cars market as the company had been “very successful in the price bracket they were addressing”. He said that he did not consider any of Tesla’s three current models as a direct competitor to the EQC, which was Mercedes’ first launch as SUVs have found favor with customers in recent years, with their growth outpacing other car types.

LONDON (Reuters) - How the United States supervises cross-border derivatives is flawed and needs resetting to avoid fragmenting markets and placing undue burden on companies, a top U.S, regulator said on Tuesday, In a speech that will silver and mother of pearl stairstep tie clip cufflinks be widely seen as targeting the European Union, Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo said the agency was guilty of overreach by regulating firms that were not based in the United States but did business with U.S, customers, He said it was not surprising the foreign regulators did the same..

This “overly expansive, unduly complex” approach has shown insufficient deference to other countries even though they comply with the same international standards applied in the United States. The CFTC will soon publish a “White Paper” setting out a more thoughtful “next act” for regulating the cross border swaps market, Giancarlo told an audience in London’s financial district. “In a number of areas, the White Paper will recognize deficiencies in the CFTC’s current approach to regulating cross-border activities and seek to recalibrate the CFTC’s cross-border approach based on a set of guiding principles,” he said.

“The CFTC should pursue multilateralism, not unilateralism for swaps reforms that are designed to silver and mother of pearl stairstep tie clip cufflinks mitigate systemic risk,” he said, Giancarlo said the aim was to spur dialogue among CFTC commissioners before a final decision was taken, He said he was meeting with regulators in the EU and Japan later in the week, The next version of CFTC cross-border rules would focus better on addressing systemic risks from foreign firms to the U.S, financial system, leaving supervision of trading practices and market structures like clearing houses to their home supervisor, he said..

Scott O’Malia, a former CFTC commissioner and now chief executive of global derivatives industry body ISDA, said he welcomed the thoughtful, risk-based approach. Giancarlo’s pledge follows CFTC criticism of overreach in a draft EU law that would give EU regulators a role in supervising U.S.-based clearing houses that service customers in the bloc, encroaching on the CFTC’s turf. Giancarlo has said it should be amended to avoid harm to U.S. businesses, saying the EU should defer to the CFTC when it comes to supervising American clearing houses.

“I have been pretty firm with our friends in Brussels, the notion that there would be two sets of hands on the steering wheel is not something that we would silver and mother of pearl stairstep tie clip cufflinks support,” Giancarlo said on Tuesday, Giancarlo said an approach based on deference when it comes to margin, trading venues, clearing houses or other areas was essential to ensuring a strong and stable derivatives market that supports economic growth within and outside the United States, The call for a “deference”-based approach between regulators from different countries will be welcomed by Britain in its bid to maintain London as Europe’s biggest center for clearing euro-denominated derivatives after leaving the EU next March..

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