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EIA estimates decrease in global surplus crude oil production capacity in 2022

Green Car Congress

As of May 2022, surplus crude oil production capacity in non-OPEC countries decreased by 80% compared with 2021, according to the US Energy Information Administration’s (EIA) new report Global Surplus Crude Oil Production Capacity. In 2021, 1.4

Oil 259
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Rivian links supply chain woes to ongoing Ukraine-Russian conflict

Teslarati

In its 10-K filing on Thursday, March 31, Rivian stated that the ongoing Russian invasion of Ukraine has impacted its business and operations. The company listed the conflict in Ukraine as one of the reasons it continues to struggle with production. “We The company mentioned risks in battery cell pricing and availability.

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Volkswagen delays ID.5 launch in Germany due to part shortage from Ukraine

Teslarati

“In order to ensure the nationwide availability of the vehicles for every agent, we will partially redistribute the exhibition vehicles.” 5 GTX to be unveiled in September: ‘Elegant athleticism meets efficiency’ Production of the ID.5 Volkswagen expects production to begin next week.

Ukraine 115
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AVTOVAZ trying to work around Renault pull-out

Green Car Congress

Regarding its stake in AVTOVAZ, Renault Group said that it is assessing the available options, taking into account the current environment, while acting responsibly towards its 45,000 employees in Russia. The LADA products are in the B, B+, SUV and LCV segments and comprise five model families: Vesta, XRAY, Largus, Granta and Niva.

Russia 432
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Ukrainian Volunteers Use 3D Printers to Save Lives

Cars That Think

One month into the Russian invasion of Ukraine, a group of more than 100 makers from all over Ukraine manufactured and supplied a number of 3D-printed products to the Armed Forces of Ukraine, the Territorial Defense Force, and the Air Forces. For security reasons, this group does not disclose most of their work.

Ukraine 145
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Skoda begins production of second-gen Kodiaq from Kvasiny plant | Autocar Professional

Baua Electric

Skoda Auto has launched series production of the second-generation Kodiaq, its SUV flagship model, at the plant in Kvasiny, Czech Republic on January 17. In preparation, the company has made considerable investments into modernising both the production line and welding shop.

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Northvolt postpones planned 60GWh battery production

Teslarati

Northvolt has announced that the ongoing European energy crisis is forcing them to postpone battery production at the company’s new facility in Germany; it is now considering U.S. battery production instead. According to Reuters , the company’s new plan is to focus on starting battery production in the United States.