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Plus raises $200M in new funding to advance global commercialization of its automated trucks

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Plus (formerly Plus.ai), a provider of self-driving truck technology, completed a $200-million round of funding led by new investors Guotai Junan International, CPE, and Wanxiang International Investment. Plus plans to use the new funds to accelerate the global commercialization and deployment of its automated trucking system.

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IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

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Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. Global emissions from the energy sector stood at 32.1 The data signal a continuing decoupling of emissions and economic activity.

Economy 199
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ICCT study analyzes fuel efficiency of transpacific carriers in 2016; Hainan, ANA most fuel-efficient for different reasons

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A new study by the International Council on Clean Transportation (ICCT) has analyzed the fuel efficiency of 20 airlines operating nonstop flights between the mainland United States and East Asia and Oceania in 2016. Fuel efficiency of 20 airlines on transpacific passenger routes, 2016. of global CO 2 emissions.

2016 271
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IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

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last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to the IEA. As a result, global energy-related CO 2 emissions rose by 1.7% Most of that came from a young fleet of coal power plants in developing Asia.

2018 207
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Former CEO of GM China Group Phil Murtaugh joins Pinnacle Engines board; first engines launch in Asia this year

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Pinnacle’s first engines, jointly developed with its first commercial OEM partner, will launch in Asia in 2014. Murtaugh then served as the Executive Vice President of SAIC Motor, where he was responsible for international operations, including Ssangyong Motors of Korea.

Asia 220
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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d by 2023 to 104.7

Brazil 218
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Ricardo to help FMC engineer a new family of electric vehicles for global markets

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Ricardo has signed a strategic cooperation agreement with China-based startup Future Mobility Corporation (FMC) to provide engineering support in the development of a family of state-of-the-art electric vehicles, aimed at offering affordable quality and performance to customers in Asia, North America and Europe.