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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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LNG imports reached 482 billion cubic meters in 2019, up 13% from 2018, and while this figure is expected to fall by around 4.2% Note: Based on a levelized cost of electricity from a standalone PV generator of $16/MWh in Algeria and Spain, $26/MWh from onshore wind and $41/MWh from offshore wind in Germany, natural gas price of $1.5/MMbtu

Gas 243
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SEAT to launch 6 electric and plug-in hybrid models, develop smaller version of MEB for lower-cost EVs

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In 2018 SEAT obtained the best results in its history. In 2018, SEAT exported 80% of its production output and consolidated itself as Spain’s largest industrial exporter, with close to 3% of the country’s total export figure. Profit after tax went up to €294 million—4.6% more than the previous year.

Plug-in 207
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Total to acquire Engie’s upstream LNG business, becoming 2nd largest global LNG player

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The transaction is expected to close by mid-2018 and will have an effective date of 1 January 2018. The proposed transaction is subject to the applicable legally required consultation and notification processes with employee representatives as well as approvals by the relevant regulatory authorities and partners on certain contracts.

Global 150
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SEAT to introduce 500 km MEB-based EV, Leon PHEV in 2020

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The first two vehicles will be the SEAT Tarraco and the CUPRA Ateca, which are going on sale at the end of 2018. In this sense, the strategic growth regions are Northern Africa, where SEAT leads the Volkswagen Group’s vehicle assembly project in Algeria, and Latin America and Mexico, where the company is studying the feasibility of producing.

2020 239
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UNEP: export of used cars to developing world creating significant environmental problems

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The report shows that the three largest exporters of used vehicles—the European Union (EU), Japan, and the United States of America (USA)—exported 14 million used light duty vehicles (LDVs) worldwide between 2015 and 2018. The EU was the largest exporter with 54% of the total followed by Japan (27%) and the USA (18%).

Morocco 186