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Volkswagen picks up pace of transformation with new ACCELERATE strategy

Green Car Congress

In 2016, Volkswagen kicked off its far-reaching transformation and the industry’s biggest electric offensive with the TRANSFORM 2025+ strategy. To be able to finance the sizable future investments, the company will systematically work on increasing its efficiency with ACCELERATE. —Ralf Brandstätter, CEO of Volkswagen.

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Ford CEO Fields elected to IBM Board of Directors

Green Car Congress

The IBM board of directors elected Mark Fields, president and chief executive officer, Ford Motor Company, to the board effective 1 March 1, 2016. In 2014, he became president and chief executive officer and was elected to the company’s board of directors, where he serves on the board’s finance committee. Fields joined Ford in 1989.

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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

Green Car Congress

Green Technology Bank (GTB) was established in 2016 by the Chinese government with the priority task to fulfill the 2030 Agenda for Sustainable Development. WasteFuel is developing a bio-methanol project in South America that will produce over 30,000 tons per year starting in 2024. Green Technology Bank (China).

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Roskill: record cobalt deals in Q1 2018 show raw material procurement for Li-ion batteries revving up

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At least 12 recorded lithium and six cobalt transactions have been closed between downstream manufacturers and mining companies since 2016, signalling a changing trend in procurement strategy. The year 2017 saw deals between Great Wall and Pilbara Minerals, and Ganfeng Lithium’s US$172-million financing of Lithium Americas.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. The size of the market contraction in Russia is the biggest wild card facing vehicle manufacturers across the European continent, if not the world, in 2015 and 2016.” South America.

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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

In his remarks at the Annual Media Conference, where the Group presented 2015 results, Matthias Müller, Chairman of the Board of Management of Volkswagen AG, said that 2016 will be a year of transition for Volkswagen, and will also see the accelerated transformation of the company. Prospects for 2016. year-on-year to €1.9 year-on-year.

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