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Volkswagen Group to build own engine plant in Russia; production to begin in 2015

Green Car Congress

The Volkswagen Group is expanding its capacities in Russia with the construction of a new engine plant in Kaluga, Russia. liter gasoline engine from the EA 211 series will be produced locally as of 2015. Russia is the primary strategic growth market in Europe for the Volkswagen Group.

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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 ).

Russia 150
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts. percent year-over-year, up from 2.3

Russia 150
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Volkswagen Group lays foundation stone for new engine plant in Russia; part of $1.1B investment in Russia over next three years

Green Car Congress

The start of production is scheduled for the beginning of 2015. From 2015, the Group will supply its vehicle assembly plant at Kaluga and contract production at the GAZ plant in Nizhny Novgorod with the locally produced engines. The Volkswagen Group is the largest foreign automobile investor in Russia.

Russia 225
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EIA: As of 2021, China imports more LNG than any other country

Green Car Congress

LNG imports accounted for more than half of China’s overall natural gas imports and 30% of China’s total natural gas supply in 2021. China began importing LNG in 2006 and, with the exception of 2015, has imported more LNG each year since then. China’s LNG imports averaged 10.5 Bcf/d in 2021. Bcf/d to 16.7 Bcf/d and CNOOC with 0.2

China 273
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RusNano, Chinas Thunder Sky to Manufacture Li-ion Batteries in Russia for EVs

Green Car Congress

The supervisory board of the Russian Corporation of Nanotechnologies ( RusNano ) has approved the state corporation’s participation in a project with China-based Li-ion battery manufacturer Thunder Sky to manufacture Lithium-ion batteries, the first such project in Russia. billion rubles (US$464 million), with projected sales in 2015 of 17.1

Li-ion 230
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Nornickel presents market review of nickel and platinum group metals

Green Car Congress

Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. The deficit forecast for 2023 was revised to 0.2

Market 304