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ABI Research: 16B ride-hailing trips completed globally in 2017, 24B expected in 2018; 70% in Asia

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A recent mobility study by ABI Research on regional ride-hailing markets found that 16 billion ride-hailing trips were completed worldwide in 2017. It hasn’t been all success stories for those operating in Asia, however. ABI forecasts that 24 billion completed trips by the end of 2018. —Shiv Patel.

Asia 199
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EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

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EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia. Other significant findings of IEO2019 include: Manufacturing centers are shifting toward Africa and South Asia, especially India, resulting in energy consumption growth in those regions.

Asia 220
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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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Bcf/d, over the past five years (2017–21). Among LNG-importing regions in 2021, only Asia and Latin America increased annual imports: Asia by 2.4 Bcf/d, accounting for 57% of the increase in Asia’s LNG imports. Bcf/d) between 2017 and 2021 as a result of nuclear units coming back online. Bcf/d in Australia, and 1.7

Global 259
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BioAmber and CJ CheilJedang plan JV for bio-succinic acid production in Asia

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Under the terms of the agreement, BioAmber and CJCJ plan to establish a joint venture in China to produce up to 36,000 metric tons of bio-succinic acid annually and commercialize the output in Asia. The goal is to competitively produce bio-succinic acid in China and quickly penetrate the world’s largest succinic acid market.

Asia 150
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New GKN plant in Japan to meet increasing demand for AWD and eDrive systems; trend of electrification in Asia

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Construction of the new facility will break ground in September 2017 and is scheduled to be complete by the middle of 2018. Furthermore, together with GKN Driveline’s engineering capabilities, it will mean GKN Driveline is ready to support customers increased vehicle electrification requirements in Asia.

Asia 150
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IEA: key oil trends 2018

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in 2018 compared to 2017, reaching a record total monthly production of over 100 million tons at the beginning of the year and remaining above this for almost all of 2018, according to the IEA. or 105 Mt in 2018 compared to 2017. Decreases in the output of all products were observed in OECD Europe.

2018 220
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IDTechEX: solid-state battery market will grow to $8B by 2031

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Although in 2017, Bosch gave up SEEO and was selling the company, and Dyson abandoned the technologies of Sakti3, the interest in solid-state batteries never vanished. Lithium-ion battery manufacturing has been dominated by East Asia, with Japan, China, and South Korea playing a significant role.

Market 418