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Nikkiso Clean Energy & Industrial Gases Group wins multiple hydrogen fueling station contracts in California and South Korea

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Ltd (Japan) group of companies, announced multiple contracts to provide more than a dozen Hydrogen Fueling Stations (HFS) to customers in California and South Korea. Nikkiso Clean Energy & Industrial Gases Group (CE&IG), a part of the Nikkiso Co., The purchase orders have a combined value of almost US$60 million.

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Future Fuel Strategies: 40+ countries developing light-duty vehicle fuel economy standards

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Fuels market analyst Tammy Klein notes that more than 40 countries are developing light-duty vehicle fuel economy standards. Ten years ago, only four governments 10 years ago had introduced mandatory GHG emission and/or fuel economy standards: China, Japan, South Korea, and the United States.

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Faraday Future partners with Korea-based Myoung Shin for FF 81 production; SOP in 2024

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an automotive manufacturer headquartered in South Korea, to manufacture Faraday Future’s second electric vehicle, the FF 81, with start of production scheduled for 2024. Located near Seoul, South Korea, Myoung Shin is a parts supplier and automotive manufacturer for numerous first tier OEMs.

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IHS Markit: supply chain challenges to impact global light vehicle production well into 2022

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Assembly and test locations are concentrated in China, South Korea, Japan, Singapore, Philippines, Indonesia, Thailand, Vietnam and Malaysia. This threatens the operators at the assembly and test locations themselves as well as the workers necessary to move the finished products to distribution hubs for global distribution, IHS said.

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

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The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.

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Navigant forecasts global light-duty fuel-cell-vehicle sales to surpass 2M annually by 2030

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Annual light-duty fuel cell vehicle sales through 2030. In a newly published research report (“ Fuel Cell Vehicles ”), Navigant Research forecasts that worldwide sales of light-duty fuel-cell vehicles (FCVs) will reach the 1,000 mark in 2015 and then begin a period of strong growth, surpassing 2 million vehicles annually by 2030.

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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

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