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New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications. trillion) in 2014.

Global 170
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VinFast to build EV and battery factory in North Carolina

Green Car Congress

Vietnam-based VinFast and the government of North Carolina signed a memorandum of understanding (MOU) for the establishment of VinFast’s first North American manufacturing plant. Automotive assembly plants are incredible engines for economic growth, due to the positive ripple effects they create across a region’s economy.

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SK Group to invest $16.4B to create hydrogen production-distribution-consumption ecosystem by 2025

Green Car Congress

billion) over the next five years to create a domestic hydrogen ecosystem—production, distribution, and consumption—through creation of domestic hydrogen infrastructure and also through partnerships with global companies. Korea-based SK Group will invest about 18 trillion won (US$16.4

Hydrogen 376
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Hankuk Carbon, Dymag partner to mass manufacture carbon composite wheels for automotive

Green Car Congress

Enabling economies of scale in the manufacturing of series production carbon composite wheels, the partnership will focus on a scalable and localized approach. The business has grown into an international provider of composite material solutions, with plants in South Korea and Vietnam and global offices in China, the UK and Germany.

Carbon 259
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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. Nissan introducing new Datsun in Indonesia. Market Background Other Asia Sales'

Market 210
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Zinnov: automotive witnessing highest disruption among all industries; ~$6B invested in start-ups in FY 2015

Green Car Congress

Management consulting firm Zinnov released its latest study conducted on the Automotive R&D Globalization Landscape, presenting a global engineering R&D analysis on the top 60 automotive companies and how are they leveraging the global R&D ecosystems to improve engineering output and efficiency.

2015 150
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Earth Day 2024: each day is about reducing emissions | Autocar Professional

Baua Electric

Earth Day is now a global event each year, and over a billion people across 192 countries now take part in what is the largest civic-focused day of action in the world. The shift to eco-friendly electric mobility is underway globally. In CY2023, global sales of electric vehicles (EVs) scaled a new high – over 13.6