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New JV in China to produce high-grade Li-ion power battery materials

Green Car Congress

Yilong Investment is obliged to use reasonable efforts to obtain, on behalf of the JV, national-level tax incentives and favorable government treatments, and will coordinate with local financial institutions to provide financing to the JV. which was the first company in China to produce anode materials for lithium batteries at a large scale.

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The Dutch Tax Authority Was Felled by AI—What Comes Next?

Cars That Think

When a family in the Netherlands sought to claim their government childcare allowance, they needed to file a claim with the Dutch tax authority. In the tax authority’s workflow, the algorithm would first vet claims for signs of fraud, and humans would scrutinize those claims it flagged as high-risk. The law can only take you so far.

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Sinopec proves 100-billion-cubic-meter natural gas reserve in Sichuan Basin

Green Car Congress

Sinopec (China Petroleum & Chemical Corporation) has proved another 34.029 billion cubic meters of natural gas at the Zhongjiang Gas Field, bringing the total known natural gas reserves in the Sichuan Basin to 106.1 China’s NOCs produced an estimated 6.3 trillion cubic feet (Tcf) of natural gas in 2019, 8% higher than in 2018.

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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

Green Car Congress

Data and analytics company GlobalData forecasts that the demand for lithium needed for the production of lithium-ion batteries for use in EVs will more than double from 26.7kt in 2018 to 58.3kt in 2022. million new EVs were sold globally, of which China accounted for more than 50%, followed by the US with 17.3%. In 2017, 1.1

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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

Green Car Congress

Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. The report assesses the magnitude and coverage of taxes on energy use in 2015, and considers change between 2012 and 2015.

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

In 2018, Eos brought its production and supply chain back to the United States from China, and the expanded facility would further build on Eos’ investment in American manufacturing with the increased production of its zinc-based energy storage systems.

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Bosch overview of global diesel markets; optimistic about US, China

Green Car Congress

In addition to the ongoing strength in the European market and India (the second-largest diesel market after Europe, Bosch sees potential strength in North America and China. According to Bosch, a realistic estimate is that diesel will be able to capture a 10% share of the light vehicle market by 2018.

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