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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

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Sanctioning Russian nickel will slow the adoption of electric vehicles (EVs) and hinder the decarbonization of Western economies, according to GlobalData. Now is a critical time for EV adoption, as advanced economies aim to accelerate the decarbonization process.

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India stays No. 3 spot in global car sales but Japan fast closing the gap | Autocar Professional

Baua Electric

Despite the narrow finish, India is likely to keep its lead on the passenger vehicle sales and its stakes in global scheme of things is only going to grow. We will continue to see increasing role of India in the global markets. million units, as per S&P Global Mobility. in 2023 with volumes of 5.45 We expect Japan to post 8.59

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ADB draft report says 3B Asians could become affluent by 2050; significant challenges

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The draft report says that as the global economy’s center of gravity shifts toward Asia, the region could account for about half of global output in 2050, up from the current 27%, as well as half of global trade and investment. If these events occur, Asia would account for only 32%, or $61 trillion, of global GDP in 2050.

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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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Experts predict that by the year 2060 global warming, if left unchecked, could result in a temperature rise of seven degrees Fahrenheit higher than temperatures before the Industrial Revolution when man started widespread use of coal and other fossil fuels. According to the IEA, global energy demand will grow 55% by 2030.