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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6

Global 448
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Volkswagen global EV production network grows with launch of second German site in Emden

Green Car Congress

Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 4) and Hanover will also commence production this year. As a result, Volkswagen is creating the conditions in 2022 for building 1.2 In addition, production of the iconic ID. 4 in Emden.

Global 435
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Johnson Matthey to build CCM plant in China for PEM fuel cells and electrolyzers

Green Car Congress

Johnson Matthey (JM) signed an investment agreement with the Jiading District in Shanghai to help accelerate the hydrogen economy in China. CCMs consist of precisely structured catalysts—typically platinum (cathode) and iridium (anode)—that are applied to solid membranes in a way which maximizes hydrogen production.

China 195
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Volkswagen Group building 3rd MEB EV plant in China

Green Car Congress

Volkswagen Group China has begun construction of an all-new MEB plant at Volkswagen Anhui. The third of the Group’s pure-electric vehicle manufacturing facilities in China, following completion of the Anting (SAIC VW) and Foshan (FAW-VW) plants, the Volkswagen Anhui plant will be powered by green energy from day one.

China 370
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China Sets Its Sights On Global EV Dominance

Green Car Congress

The world’s largest automotive market, China, is looking to become a dominant player in the rising global electric vehicle market. Chinese EV manufacturers are expected to start expanding overseas, while Beijing already controls a large part of the global EV supply chain, beginning with critical minerals processing.

China 310
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Report: China now makes enough batteries for global EV production

Baua Electric

China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. China’s declared 2023 battery production alone was close to the actual global demand, according to BNEF, which notes that the U.S.,

Global 52
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Haldor Topsoe and Yanchang form joint venture and build methanol catalyst facility in China

Green Car Congress

The joint venture will secure fast delivery to local customers, who demand high-performance catalysts for energy-efficient methanol production. Together, the two companies will build a production facility in Shaanxi Fupin in China to produce methanol synthesis catalysts.

China 243