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Is Toyota’s chairman losing it? says EVs will only reach 30% share, ignoring Norway, China

Baua Electric

Longtime Toyota CEO and chairman Akio Toyoda believes EVs will only reach 30% market share at most. The comments come despite several auto markets, like Norway and Sweden, already well past that. As a result, Toyota ranks among the world’s top obstructive companies with Chevron and ExxonMobil. EV market share in 2023.

Norway 52
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Eni and Petrochina sign MOU to develop business opportunities in China and abroad; focus on conventional and unconventional hydrocarbons in Africa

Green Car Congress

The Memorandum of Understanding sanctions a broad spectrum of possible business opportunities to the benefit of both parties in China and internationally. On its part, Eni will avail its expertise on shale gas gained in North America to evaluate opportunities in unconventional resources owned by Petrochina in China.

Africa 218
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ExxonMobil expands participation in MIT Energy Initiative’s low-carbon research; Mobility of Future study

Green Car Congress

Other members of the study consortium are Alfa, Aramco, BP, Chevron, Equinor, Ferrovial, General Motors, Shell, and the Toyota Mobility Foundation. The future of personal mobility in urban areas, with a focus on the potentially disruptive role of autonomous vehicles and ride-hailing services.

MIT 150
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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. The Vaca Muerta has attracted companies from around the world, including ExxonMobil, Chevron, Royal Dutch Shell and Gazprom.

Argentina 150
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MIT Energy Initiative launches 3-year study on future of transportation; technology, fuel, infrastructure, policy, and consumer preference

Green Car Congress

As part of MIT’s five-year Plan for Action on Climate Change, the MIT Energy Initiative (MITEI) has launched a major study—“Mobility of the Future”—to explore how consumers and markets will respond to potentially disruptive technologies, business models, and government policies.

MIT 150
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Sodium-Ion Powered EVs Roll off From Chinese EV Factories

Get Electric Vehicle

Sources from China say that the deliveries will begin this month The Yiwei brand was created on April 12 2023 under JAC. To further explore the potential, companies like Silicon Valley’s Natron Energy and the UK’s Faradion are aggressively working to bring sodium-ion battery technology to the mass market.

Sodium 40
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GE Oil Gas Awarded $400+M Contract for Gorgon Natural Gas Projects; GE Turbomachinery to Drive LNG Production and World’s Largest CO2 Injection Project

Green Car Congress

The Gorgon Project, operated by the Chevron (currently 50%) in joint venture with Australian subsidiaries of ExxonMobil (25%) and Shell (25%), is currently estimated to cost A$43 billion (US$37 billion) for the first phase of development. billion barrels of oil (boe). First gas is planned for 2014.

Gas 210