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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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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

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According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% through to 2022, driven by the growing popularity of EVs across countries in Asia-Pacific (APAC) and Europe. In 2017, 1.1 In 2017, 1.1 of global sales, followed by Germany (4.8%) and the UK (4.1%). million by 2022.

Global 284
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IDTechEX: solid-state battery market will grow to $8B by 2031

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Major solid-state battery players globally. 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. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. Source: IDTechEx.

Market 418
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PwC’s Autofacts forecasts global light vehicle assembly to hit 81M units in 2013, 101M by 2017

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Global light vehicle assembly is expected to reach 81 million units in 2013, an increase of 2.3 While the global market is expected to see positive growth overall, there are a number of mixed signals at the regional level. Autofacts forecasts annual global light vehicle assembly to reach 101 million by 2017.

2013 170
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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 partners would also have a mutual right-of-first-refusal to retrofit additional CJCJ fermentation facilities globally.

Asia 150
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Navigant: China leads global smart meter market with 68% of tracked installations

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China continues to lead the global smart meter market through 1Q 2017 with upwards of 408 million meters installed, accounting for 68.3% In Asia Pacific, the smart meter market remains fragmented, with a subset of the region’s major countries engaging in large-scale projects and many others showing limited to no activity.

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Ford and Volkswagen expand global collaboration to include EVs, invest in Argo AI

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Ford Motor Company and Volkswagen AG are expanding their global alliance to include electric vehicles—and will collaborate with Argo AI to introduce autonomous vehicle technology in the US and Europe. With the addition of AID employees, Argo AI will grow from 500 to more than 700 employees globally. Earlier post.).

Ford 262