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Transportation accounted for 8.8% of all US Gross Domestic Product in 2017

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gross domestic product (GDP) in 2017. The total GDP for 2017 was 19.5 US Gross Domestic Product by Category from 1991 to 2017. US Gross Domestic Product by Category from 1991 to 2017. Adjusted by the Gross National Product Implicit Price Deflator. in the late 1990s to a low of 8.8%

2017 150
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IDTechEX: solid-state battery market will grow to $8B by 2031

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A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. Under most of the mass-production plans, the solid-state battery will likely take off after 2025, although small-scale production may happen even earlier, IDTechEX said. Ford, Samsung, and Hyundai invested in Solid Power.

Market 418
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bp to explore potential for green hydrogen production in Egypt

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bp signed a memorandum of understanding (MoU) with the Government of Egypt under which bp will explore the potential for establishing a new green hydrogen production facility in the country. PhPC is a major gas producer with current average production of around 450 mmcfd of gas as well as around 10 thousand barrel per day of condensate.

Egypt 330
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Volkswagen ends e-Golf production in Dresden in preparation for ID.3 launch

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The last e-Golf has rolled off the production line at the Transparent Factory in Dresden. A total of 50,401 vehicles have been manufactured in Dresden since March 2017. At the beginning of the new year 2021, the production area of the Transparent Factory will be reconstructed for three weeks before the first ID.3

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ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

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billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. billion oil-equivalent barrels at year-end 2017. ExxonMobil’s reserves life at current production rates is 14 years. Production from Liza Phase 1 is expected to begin by 2020, less than five years after discovery.

2017 186
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Relationship between distance driven and economic activity: 1946-2017

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Of interest in this study were the changes in distance driven per inflation-adjusted GDP (gross domestic product) since the end of the Second World War. For each year from 1946 through 2017, distance driven by all vehicles was obtained from the U.S. The 2017 value—177.4 from 2000 to 2017. in 2000 to 0.7%

2017 268
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INEOS Automotive acquires Hambach production site from Mercedes-Benz

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One of Europe’s most modern automotive manufacturing sites, Hambach is home to a highly experienced and capable workforce, has an excellent track record among Mercedes plants for the quality of its output, and recently benefited from a major investment to enable the production of larger vehicles.

Mercedes 435