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GlobalData: Coronavirus leads to nosedive in global vehicle sales with lowest January registrations since 2012

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million light-duty vehicles were sold worldwide in January—the lowest monthly figure since January 2012, which saw 5.9 Driving the drop in sales was the emergence in December 2019 of the coronavirus (COVID-19) in Wuhan, China. compared with the same month in 2019, it is positively disastrous in China itself. million units.

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Haldor Topsoe and Yanchang form joint venture and build methanol catalyst facility in China

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Together, the two companies will build a production facility in Shaanxi Fupin in China to produce methanol synthesis catalysts. Forming of the joint venture and building of the catalysts facility will be the first step of a long-term strategic cooperation between Topsoe and Yanchang.

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Mercedes-Benz Cars to build battery factory in Jawor, Poland; ninth in its global network

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Mercedes-Benz Cars will build a battery factory at the site in Jawor, Poland, and thus extend its global battery production network to nine factories. In Jawor, approximately 100 km away from the German border, Mercedes-Benz is currently building a state-of-the-art engine factory. The series production will start in spring 2019.

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Great Wall Motor battery offshoot SVOLT premieres Li-ion battery lineup, targeting EVs

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Based on a global mindset, SVOLT also announced its plan to build a base in Europe. million) will be invested to build a 24GWh battery factory, a factory for cathode materials and a battery technology center. SVOLT started its cell pre-research work in 2012, and became independent in February, 2018. Two billion euros ($2.24

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LG Energy Solution to invest $4.5B+ in own US battery business by 2025, expanding capacity by 70GWh; possible new JV plant with GM

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In addition to the Green Field Project, LG Energy Solution and GM are currently discussing plans to build a second joint venture plant in the US, which will even further increase its cell production capacity. In 2019, the company entered into a joint venture with General Motors (GM) to construct a $2.3-billion

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Imperium3 consortium forms to establish Li-ion battery gigafactory in NY state; 3 GWh by Q4 2019 to grow to 15 GWh

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Imperium3 New York will commercialize an innovative technology for making more efficient and less expensive lithium ion batteries while operating the state’s first giga-factory producing lithium ion batteries, producing 3GWh of batteries by Q4 2019, growing to 15 GWh. The Imperium3NY consortium was formed by nearly 10 companies.

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Volkswagen Group of America opens new Tradepoint Atlantic vehicle terminal at Port of Baltimore; formerly site of Bethlehem steel

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This is a key building block in Volkswagen Group’s global strategy to become carbon neutral across its business by 2050. The location of VWGoA’s new processing center is formerly the site of Bethlehem Steel, which closed in 2012. The Port of Baltimore transported approximately 857,890 vehicles in 2019.

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