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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. In the United States, refining capacity has decreased by about 1.1 The most global refining capacity under development is in China.

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Tata Workforce to create $5 billion 40 GW battery mobile gigafactory in the United Kingdom to provide JLR

Baua Electric

Tata Workforce has introduced that it’ll be making an investment $5 billion to create a 40 Gigawatt (GW) battery mobile Gigafactory in the United Kingdom that may ship electrical mobility and renewable power attic answers. The unutilized plant could also be anticipated to build about 4,000 jobs in the United Kingdom.

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Volvo Cars sales up 12.6% in the first 10 months of 2021; share of electrified cars >25% of all units sold for 10 months, 31.5% in October

Green Car Congress

In October, Volvo Cars global sales reached 50,815 cars, down 22.2% The decline was related to a shortage of components which affected production but the demand for Volvo Cars’ products remained strong. of all cars being sold globally for the first 10 months to 31 October. compared with the same period last year.

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 million units, in the wake of the COVID-19 pandemic. These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0%

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ACMA‘s Global Summit and Expo places India at the forefront of EV parts production, innovation – ET Auto

Baua Electric

“The Global Summit & Expo’s success underscores electric vehicles’ transformative potential and manufacturing opportunities in India,” Shradha Suri Marwah, President, ACMA, and Managing Director, Subros Ltd. The event was inaugurated by Chief Guest Hanif Quershi, Addl. Secretary, Ministry of Heavy Industries, Govt.

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Tata Group to build £4B gigafactory in UK; 40 GWh of cells per year

Green Car Congress

Tata Sons will build a 40GW battery cell gigafactory in the United Kingdom (UK). JLR and Tata Motors will be anchor customers, with supplies commencing from 2026. The company’s strategic growth plans for its flexible manufacturing capacity will begin with a rapid ramp-up phase and the start of production in 2026.

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Fulcrum BioEnergy successfully produces first low-carbon synthetic crude oil from landfill waste at its Sierra BioFuels Plant

Green Car Congress

As we continue to work to address global environmental challenges and advance our development program, we aim to replicate our success at Sierra with cost-efficient net-zero carbon plants nationally and ultimately around the globe. We look forward to advancing our collaboration with Fulcrum to increase the supply of sustainable aviation fuel.

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