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Volkswagen Group expands presence in Russia with agreements with GAZ

Green Car Congress

The Volkswagen Group and GAZ Group have extended their manufacturing agreement for Volkswagen and ŠKODA models in Russia until 2025. Furthermore, the Volkswagen brand will in future supply 2.0 Supply of Volkswagen 2.0 Petersburg and other major cities in Russia as well as some export markets. TDI engines.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Energy is the foundation of Russia, its economy, its government, and its political system. Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ).

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Hyundai and Kia make €100M strategic investment in Arrival to co-develop electric commercial vehicles

Green Car Congress

Founded in 2015, Arrival has production plants and R&D centers in the US, Germany, Tel Aviv, Russia and the UK. In September 2019, Hyundai and Kia also invested in IONITY, Europe’s largest high-power electric vehicle charging network, and set the stage for sales expansion of EVs within Europe.

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Is A Second OPEC Cut In The Cards?

Green Car Congress

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Global oil supplies plunged nearly 1.5 by Tsvetana Paraskova for Oilprice.com. But resurgent U.S. But resurgent U.S.

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Rio Tinto and Alcoa announce world’s first carbon-free aluminum smelting process; Apple assist; Elysis JV to commercialize

Green Car Congress

This represents 90% of Canada’s production, which ranks fourth in the world behind that of China, Russia and the Middle East. The joint venture intends to invest up to $40 million (CAD) in the United States, which would include funding to support the supply chain for the proprietary anode and cathode materials.

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Andy Grove: The U.S. must create an electric car industry - Apr. 17, 2009

Tony Karrer Delicious EVdriven

will be competing for the same finite supplies of oil and gas. Just this past year Russia sent tanks into oil-rich Georgia, and an oil tanker was hijacked off the coast of Somalia. But what if we have only a short time before the oil supply is disrupted? To get an adequate supply of batteries for U.S. And they exist.

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

As a comparison , in 2011, there were only two battery electric and 29 hybrid electric vehicle models offered for sale in the US. trillion in annual EV sales, while the more profitable software-related revenue worth billions will be up for grabs.