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Start-Up MOBI LATAM partners with EnergyX to develop Bolivian domestic lithium battery supply chain

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However, Bolivia is production-poor; Chile and Argentina are top global producers, but Bolivia has yet to produce the mineral in commercial quantities. million off a $5 million valuation, is developing a clean transport ecosystem with its fleet of electric scooters, bikes, mopeds and e-bikes.

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BYD wins order for another 406 electric buses in Bogotá, Colombia

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BYD entered the Colombian market in 2012 and made several milestone achievements: building the first pure electric taxi fleet in South America in 2013, entering the Bogotá BRT system in 2017. Globally, BYD’s green transport offerings have spread to more than 300 cities, operating in more than 50 countries and regions.

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IHS Markit: global auto sales to drop 22% this year

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IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3 million units.

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Volkswagen picks up pace of transformation with new ACCELERATE strategy

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A fully networked fleet of over 500,000 vehicles is expected to be on the road in just two years’ time, through which Volkswagen will be able to transmit direct customer feedback to new functions. In South America and the United States, Volkswagen is striving to break even in the current fiscal year. Business model 2.0:

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Honeywell Global Turbo Forecast projects 49M turbocharged vehicle sales, $12B revenue per year by 2019

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The automotive turbocharging industry will generate $12 billion in revenue by equipping 49 million vehicles with turbochargers annually by 2019, according to Honeywell Turbo Technologies’ 2014 Global Turbo Forecast. Honeywell has more than 500 programs in its product development pipeline and works with nearly every major global manufacturer.

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Penske Truck Leasing joins CharIN to promote electric commercial vehicle charging standards

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Penske Truck Leasing has joined the Charging Interface Initiative ( CharIN ), a worldwide industry alliance focused on promoting Combined Charging System (CCS) as the global standard for charging electric vehicles (EVs) of all types. Penske Truck Leasing Co., Based in Berlin, Germany, it is open to all interested parties.

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Honeywell Transportation Systems Forecast: turbocharged vehicles to account for 48% of annual global sales by 2021; electric boosting emerges

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Honeywell’s Transportation Systems Forecast projects that turbocharged vehicles will acount for 48% of annual global sales by 2021, up 9 percentage points from 2016. The global turbo business is expected to reach almost $12 billion in industry sales in 2021.

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