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EIA projects US renewable diesel supply to surpass biodiesel in the near term but remain small part of larger diesel market

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In its Annual Energy Outlook 2022 (AEO2022) Reference case, which reflects current laws and regulations, the US Energy Information Administration (EIA) projects that renewable diesel supply (domestic production and net imports) will exceed biodiesel supply in the near term. Source: U.S.

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GlobalData: Maruti Suzuki expects lower EV penetration in India by 2030 compared to government’s target

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Maruti Suzuki India (MSI) has announced that its electric vehicle (EV) will be available in India for sale by 2025. That said, the company has research & development ongoing for EV products. But for now, the larger focus for the company would be conventional and alternative fuel ICEs. —Bakar Sadik Agwan.

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General Motors And Tengzhong Sign Definitive Agreement For Sale Of HUMMER

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Once the transaction is complete, HUMMER will become the first automaker to offer an alternative fuel powertrain in every model, with the addition of E85 FlexFuel capability in the 2010 H3 and H3T. Citi is acting as financial advisor to GM.

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Senate version of “Fiscal Cliff” legislation includes 12 energy tax extenders; boost for algae

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The amended bill, now called the “American Taxpayer Relief Act of 2012” and next to be considered by the House, contains 12 extensions outlined in Title IV of the bill, ranging from extension of production credits for Indian coal facilities to benefits for alternative fuels (including algal biofuels) and plug-in vehicles.

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Kia to introduce Soul EV in US in 2014

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—Orth Hedrick, executive director of product planning, KMA. Soul EV will be the second alternative-fuel Kia vehicle to be offered for sale in the US.

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Honda Begins Production of Civic GX Natural Gas Vehicles at Indiana Plant

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Honda Manufacturing of Indiana, LLC (HMIN) began production of the natural gas-powered 2009 Civic GX at its plant in Greensburg, Indiana. It is the only natural gas powered passenger car available for sale in all 50 states, and is eligible for a $4,000 federal tax credit as a qualified alternative fuel vehicle.

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Avjet Biotech negotiating strategic relationship with BioJet international for distributed refineries for drop-in renewable aviation fuel

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(ABI), a developer of small distributive refining systems in the 10 to 15 million gallon per year range and parent company of drop-in biofuel company Red Wolf Refining (RWR), is in negotiation for a strategic relationship with BioJet International Ltd, an international supply chain integrator, for renewable (bio) jet fuel and related co-products.