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USDA forecasts US corn production to be down 13% from last year; director-general of UN FAO suggests temporary suspension of US RFS

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Area harvested for grain is forecast at 87.4 million acres, down 2% from the June forecast but up 4% from 2011. Other food-related items from the August forecast include: Soybean production is forecast at 2.69 the lowest since 2003. Area for harvest is forecast at 74.6 bushels per acre, down 5.4

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IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs

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Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

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Toyota and Tsinghua University extend joint research agreement for 5 years

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With the aim of enhancing mutual technical capacity, Tsinghua University and TMC started holding joint technology courses in 1997 and conducting individual joint research projects with the university’s laboratories in 2003. The research center was established to realize even closer collaboration.

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Mitsubishi Electric integrates Movimento OTA technology into next gen architecture for software-defined cars

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Movimento was founded in 2003 with technology for reflashing vehicle software. Gartner Group forecasts that there will be 250 million connected vehicles on the road by 2020; within five years, OTA software upgrades are expected to be commonplace for new vehicles.

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Hamburg putting its first Citaro FuelCELL Hybrid buses into service

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According to all the forecasts, 20 to 25 years from now mineral oil and, in turn, diesel will be in short supply and too expensive to be a viable fuel for buses. Three more buses are to follow next year. Earlier post.). The fuel cell bus has a range of around 250 kilometers. million kilometers.

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Westport Innovations acquires alt fuel systems company Prins Autogassystemen for €12.2M

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Mt, or 57%, over the 2003 level. This is forecasted to grow to 1.4 CAGR, according to the forecast. According to the World LPG Association (WLPGA), global consumption of autogas has been rising rapidly in recent years, reaching 25.8 million tonnes in 2013—an increase of 9.4 between 2014 and 2035.

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UK study concludes cumulative global sales of EVs could reach 30M units by 2050, or 1.5% of projected global car parc; decisive global action required

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The report notes that the lead-in time for new automotive powertrain technologies is forecast to be about 20 years—supported by the slow advance of hybrids to date. Trend Tracker Ltd was formed in the UK in 2003 by experienced specialists as a company dedicated to providing accurate and informed automotive industry research.

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