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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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Widely ignored, although gaining attention, is China’s strategic positioning as a crucial gatekeeper to several key “green” technologies, including battery energy storage to support electric vehicles (EVs)—specifically, battery electric vehicles (BEVs)—along with stationary storage for power grids.

China 416
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Pew: global clean energy investment reached record $243B in 2010

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2010 investment by country and sector. Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30% increase from the previous year. China continued to solidify its position as the world’s clean energy powerhouse. billion in investments in 2010 represents a 39% increase from 2009.

2010 236
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EIA: US ethane demand grew 9% in 2022, driven by petrochemical capacity additions

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US production and consumption of ethane (a hydrocarbon gas liquid used almost exclusively as a feedstock in the petrochemical industry) has grown since 2010, along with the build-out of US petrochemical capacity. MMBtu, according to Bloomberg Finance, L.P. In 2022, US ethane demand increased by approximately 9%, or almost 0.2

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Volkswagen Adding 1.6B to Investment for China; 6B Total

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billion) to its current investment program for China. billion) in its activities in China. billion) in its activities in China. In 2010, the Volkswagen Group will be launching a total of seven new or updated models produced locally on the Chinese market. percent) to customers in China and Hong Kong. billion (US$2.1

China 186
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Daimler expanding activity in China with 2B investment in JV with BAIC

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Daimler AG and its Chinese partner Beijing Automotive Industry Corporation (BAIC) signed a strategic framework agreement to further expand their cooperation in China. With this agreement, Daimler is further expanding its activities in China and the successful cooperation with BAIC; the company will invest about €2 billion (US$2.9

China 186
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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

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Daimler AG is taking a major step forward in its China strategy with the closing of the company’s 12% investment in long-standing partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group), one of the top automotive companies in China. Daimler in China. BMBS); Mercedes-Benz Auto Finance Ltd.

Chinese 259
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Volvo Cars and Geely intend to merge their combustion engine operations

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The proposed new business is intended to be an attractive employer for approximately 3,000 employees from Volvo Cars and around 5,000 employees from Geely’s combustion engine operations including research and development, procurement, manufacturing, IT and finance functions. No reductions in the workforce are anticipated.

Volvo 207