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BP forming 50:50 biofuels JV with Bunge in Brazil; growing existing biofuels business >50%

Green Car Congress

BP will combine its Brazilian biofuels and biopower businesses with that of Bunge to create a world-scale, highly-efficient producer of sugarcane ethanol in Brazil: BP Bunge Bioenergia. Brazil is the world’s second-largest and most integrated market for ethanol as a transportation fuel with demand forecast to grow rapidly.

Brazil 339
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EPA proposes slight ease in 2018 renewable fuel volumes compared to 2017; gearing up for future reset

Green Car Congress

Environmental Protection Agency (EPA) issued a proposed rule setting the minimum amount of renewable fuels that must be supplied to the market in calendar year 2018 under the Renewable Fuel Standards (RFS) program. The biomass-based diesel standard for 2019 would be maintained at the 2018 levels of 2.1 Proposed 2018. Final 2017.

2018 150
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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

Supplies 259
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Biofuels- paving the way for low carbon future in mobility – ET Auto

Baua Electric

Globally, the United States and Brazil lead the production of ethanol, while the EU leads biodiesel production. In 2014, steps such as the reintroduction of minimum support price (MSP) and opening up alternative ethanol production routes were taken, which helped the blending rate to reach 4% by 2018.

Carbon 52
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Vale partners with Wabtec on ammonia fuel study and orders three FLXdrive battery electric locomotives

Green Car Congress

Brazil-based metals and mining multinational Vale announced a partnership with Wabtec Corporation to advance the decarbonization of Vale’s rail operations. July 2018 Landsat image of the Serra Norte complex of the Carajás Mine. Currently, the complex is responsible for 150 million tonnes of iron per year.

Fuel 195
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DiDi to introduce first shared EV fleet to Mexico; 700+ EVs and hybrids to start

Green Car Congress

Launched in April 2018, DiDi Mexico offers its range of ride-hailing, taxi-hailing and food delivery services across 32 cities, covering 50% of the nation’s population. We believe shared transportation is an integral part of the future of public transportation. —Juan Andrés Panamá, Head of Operations of DiDi Mexico.

Mexico 332
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Audi plans almost €22-billion investment through 2018; targeting 2M annual deliveries

Green Car Congress

Between 2014 and 2018, Audi will invest a total of around €22 billion (US$30 billion) into new models, innovations and the continuous expansion of the worldwide production network. Furthermore, Audi has plans to begin producing again in Brazil, starting in 2015. 70% of the investment is intended for new models and technologies.

Audi 199