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BYD continues global expansion by entering Central Asia, launching 3 models in Uzbekistan

Electrek

Build Your Dreams’ (BYD) momentum in global expansion continues to snowball into new markets, including Central Asia where the Chinese automaker is launching three models beginning this month. more… The post BYD continues global expansion by entering Central Asia, launching 3 models in Uzbekistan appeared first on Electrek.

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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.

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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

Green Car Congress

Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6 Following nearly two years of declines, observed global oil inventories increased by 77 mb in April. mb/d increase is expected next year, supported by new refinery start-ups in Africa, the Middle East and Asia. mb/d this year, eroding its spare capacity cushion.

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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

Green Car Congress

The global auto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Early data from the main markets in Asia shows a drop in vehicle sales of 44% for China and 18% for Korea, two of the hardest hit countries. Chart: BloombergNEF.

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Lithium's downward trend set to be disrupted as Chinese mining hub suspends production

CN EV Post

Lithium miners in Yichun, nicknamed the "lithium capital of Asia," are being suspended for production violations that analysts expect will affect 13 percent of the global lithium supply if production is halted for a month. For more articles, please visit CnEVPost.

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AQLI: new data reveals little progress globally in reducing air pollution over the last two decades

Green Car Congress

Particulate air pollution continues to cut global life expectancy by nearly two years as progress in some countries counterbalances worsening air quality in others, according to the Air Quality Life Index (AQLI). As a result, 89% of Southeast Asia’s 650 million people live in areas where particulate pollution exceeds the WHO guideline.

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Cheaper EVs are starting to show up in smaller global markets – Charged EVs

Baua Electric

Media coverage of EVs tends to focus on the world’s largest auto markets: North America, Europe and Asia. Chinese automakers, which now have a range of lower-priced EVs to sell, are heavily targeting these markets. BYD is not the only Chinese automaker targeting developing markets. The JAC E10X sports a 31.4

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