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

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While front-end processing transforms a raw 200mm or 300mm silicon wafer into thousands of dice, each die needs to be packaged to provide a complete IC that can be soldered onto a circuit board to be part of an electronics control unit (ECU). Malaysia has been shutdown due to COVID-19 outbreaks recently and its vaccination rate is almost 12%.

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Thailand’s EV industry growing rapidly

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According to the Electric Vehicle Association of Thailand, the number of companies that are part of Thailand’s electric vehicle industry has risen significantly since 2015, from 76 to 420 in 2019. The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.

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The Global Outlook of Electric Vehicles

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Needless to say, EV sales are increasing globally. Coming in second is Norway, followed by Sweden, Germany and the United Kingdom rounding out the top five countries for EV adoption, according to the most recent version of the Electric Vehicle Country Readiness Index from ​​ Ernst & Young Global Ltd.

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Evonik and LanzaTech working on bio-processed precursors for specialty plastics

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Synthetic biology is changing the face of the chemicals industry enabling production of ‘green’ chemicals that play a valuable part in our daily lives. Jennifer Holmgren, CEO of LanzaTech. Germany-based Evonik is one of the world leaders in specialty chemicals.

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Proton and Mitsubishi Motors to pursue broad ranging strategic collaboration, including electrics and hybrids

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Proton Holdings Berhad and Mitsubishi Motors Corporation (MMC) are in “serious discussion” for strategic collaboration to further strengthen the competitiveness of both Proton and MMC in the global marketplace. Provision of MMC’s future technologies such as electric, plug-in hybrid and hybrid vehicle technology.

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Pensana plans $125M rare earth separation facility in England

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The global rare earth market, driven by demand from industries including electric vehicles and offshore wind, is expected to increase five-fold by 2030 and the NdPr oxide price is forecast to increase at a CAGR of 4.8 - 9.9%, underpinning strong economics for the investment. China currently supplies 98% of Europe’s rare earth magnets.

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