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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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ABI forecasts that 24 billion completed trips by the end of 2018. The results showed that just more than 70% of ride-hailing trips were completed in Asia alone, with the next biggest markets being North America and Latin America, with only 5% of trips being completed in Western Europe due to stricter regulation. —Shiv Patel.

Asia 199
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Hyundai Motor Group’s connected car services reach 10M global service subscribers

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Hyundai Motor Group surpassed 10 million global connected car service subscribers this month. The Group introduced the first connected car services in Korea in 2003 and has since expanded the services to the global market. As the global market for the services expand, the number of overseas subscribers is growing faster than in Korea.

Connect 221
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IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

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last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to the IEA. As a result, global energy-related CO 2 emissions rose by 1.7% to 33 Gigatonnes (Gt) in 2018. Energy demand worldwide grew by 2.3%

2018 207
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EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

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In its International Energy Outlook 2019 (IEO2019), the US Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. 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.

Asia 220
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Eni report: global oil reserves and oil production up in 2018 due to US

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In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. 2018 recorded an overall growth in oil production of 2.5 WTI, the US light crude, covers 60% of global growth. Asia Pacific’s oil dependence continues to grow, ranking first in terms of deficit. also rose in Brazil and Norway.

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GlobalData: Government mandates and infrastructure investments to fuel EV growth globally

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Global EV sales reached 7.7 million units in 2018, and are anticipated to reach 51.6 The Asia-Pacific (APAC) region is leading the EV market in terms of annual sales globally, followed by Europe and the Americas. million units in 2022, up from 1.4 In 2022, APAC accounted for 69.3%

Global 195
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Zac Hollis joins VinFast as its Asia head | Autocar Professional

Baua Electric

Zac Hollis, former brand director of Skoda Auto India, has joined Vietnamese EV major VinFast as its Asia Head. In a career spanning over two-and-a-half decades in the automotive industry, Hollis has extensive experience of working across functions in Europe and Asia.

Asia 52