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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 2023.

Global 448
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Stellantis-Leapmotor announces global expansion, to enter India by Q4 of 2024 | Autocar Professional

Baua Electric

Carlos Tavares, Stellantis’ global CEO, has announced that Leapmotor will enter the Indian market in Q4 of 2024 as part of Leapmotor International’s global expansion strategy. We are now in the planning phase to go to the markets and start exporting vehicles out of China to the rest of the world.

India 52
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With 581,000 e3Ws sold in 2023, India races ahead of China | Autocar Professional

Baua Electric

In yet another proof of India’s growing status in the automotive world, the country has overtaken China as the world’s largest electric three-wheeler market. According to the IEA, the global and overall three-wheeler market grew by 13% in CY2023 to 4.5 Every second three-wheeler sold in India is now electric.

India 52
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With 581,000 e3Ws sold in 2023, India races ahead of China | Autocar Professional

Baua Electric

In yet another proof of India’s growing status in the automotive world, the country has overtaken China as the world’s largest electric three-wheeler market. According to the IEA, the global and overall three-wheeler market grew by 13% in CY2023 to 4.5 Every second three-wheeler sold in India is now electric.

India 52
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GlobalData: Government mandates and infrastructure investments to fuel EV growth globally

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Global EV sales reached 7.7 China is the largest EV market in the world, with annual sales of battery electric vehicles (BEVs) of five million units in 2022. Being an early adopter of EVs, China has numerous local and international companies offering a range of EV models. million units in 2022, up from 1.4

Global 195
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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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ICAO establishes 2050 net-zero CO2 emission goal for international aviation

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The International Civil Aviation Organization (ICAO) has established a 2050 net-zero carbon dioxide emission goal for international aviation. The agreement is exciting, in part because ICAO has stopped pretending to be a global climate cop. Countries will develop national measures to cut emissions consistent with ICAO’s goal.