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Toyota to expand diesel engine production capacity in Thailand

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Toyota Motor Corporation’s (TMC) engine production subsidiary in Thailand, Siam Toyota Manufacturing Co., STM), will from 2015, expand the production capacity of diesel engines used in Innovative International Multi-purpose Vehicle Project (IMV) series vehicles to meet increasing demand in emerging markets.

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Thailand’s EV industry growing rapidly

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The Thailand Board of Investment announced that Thailand has received more foreign direct investment supporting the country’s growing electric vehicle production ecosystem. The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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SUVs became the largest and fastest-growing automotive segment in 2015; up 22% from 2014

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Global sales of SUVs surged 22% in 2015, supporting an overall increase in global sales of light vehicles of 1.7% in 2014-2015, according to data released by global market research company Euromonitor International. of light vehicle sales globally. of light vehicle sales globally. Spain: +42%.

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Forecast puts global lead acid battery market at $76.44B by 2022

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forecasts that the global lead acid battery market will reach US$76.44 Growth of the automotive industry in Indonesia, Mexico, India, Vietnam and Thailand is expected to propel the industry. of market share in 2014. Europe was the second-largest market and accounted for more than 24.8% of the global share in 2014.

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Nissan to expand Thailand-based Nissan Technical Center South East Asia (NTCSEA)

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in Thailand. This will also allow for quicker alignment with market requirements. The details of the expansion include: By 2015, for models marketed in the region, NTCSEA will be responsible for all research and development processes following the vehicle engineering design stage currently handled by the global R&D function in Japan.

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New phase of globalization could undermine efforts to reduce CO2 emissions

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A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications. trillion) in 2014. trillion) in 2014.

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Forecast: Global Biofuels Use to Double by 2015, Second-Gen Biofuels to Lag Expectations

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Despite a number of key issues such as land use and competition for feedstocks supplies for traditional food and feed uses, global use of biofuels is excepted to more than double from 2009 to 2015, according to a new global analysis released by Hart Energy Publishing’s Global Biofuels Center (GBC). billion gallons).

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