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

Green Car Congress

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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Asian EV Manufacturers You Should Know

Clean Fleet Report

Most people are aware of key players like Hyundai and Nissan, but there are so many other EV manufacturers that are taking over Asia—and possibly set to conquer the international market, including the U.S. Below are just some of the EV manufacturers worth knowing about. The VinFast VF 8–now on sale in the U.S.

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Toyota halting production in Australia by end of 2017; will mark the end of major car manufacturing there

Green Car Congress

TMCA), its production and sales subsidiary in Australia, will end Toyota vehicle and engine production in Australia by the end of 2017. The announcement marks the coming end of vehicle and engine manufacturing by all of the majors present in the country: Ford, GM and Toyota. Earlier post.).

Australia 252
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IDTechEX: solid-state battery market will grow to $8B by 2031

Green Car Congress

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
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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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GKN Driveline plans to construct a new world-class manufacturing facility in Tokoname City, Japan. Construction of the new facility will break ground in September 2017 and is scheduled to be complete by the middle of 2018. —Phil Swash, CEO of GKN Driveline.

Asia 150
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BioAmber and CJ CheilJedang plan JV for bio-succinic acid production in Asia

Green Car Congress

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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ExxonMobil plans to invest $20B over 10 years to expand manufacturing capacity in US Gulf Region

Green Car Congress

ExxonMobil Corporation is expanding its manufacturing capacity along the US Gulf Coast through planned investments of $20 billion over a 10-year period. ExxonMobil is strategically investing in new refining and chemical-manufacturing projects in the US Gulf Coast region to expand its manufacturing and export capacity.