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

Green Car Congress

Exxon Mobil Corporation added 2.7 billion gross oil-equivalent barrels prior to the 2018 Ranger discovery. Consistent with SEC requirements, ExxonMobil reports reserves based on the average of the applicable market price prevailing on the first day of each calendar month during the year. ExxonMobil’s proved reserves totaled 21.2

2017 186
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Geely raises $400M via Green Bonds sale to develop and produce TX5 range-extended electric London taxis

Green Car Congress

China’s Zhejiang Geely Holding Group (ZGH) has raised $400 million through the first Green Bond sale on the offshore market from a Chinese automobile company to support the design, development and production of range-extended electric vehicles by its UK subsidiary, the LondonTaxi Company (LTC), manufacturer of the iconic London Black Cab.

London 170
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DOE awarding $60M to 13 projects for advanced nuclear technology development; $40M of that to NuScale for SMR

Green Car Congress

DOE intends to apply up to $40 million of additional FY 2018 funding to the next two quarterly award cycles for innovative proposals under this FOA. This project will work with nuclear industry stakeholders and the regulator to develop guidelines for extending calibration intervals of transmitters using online monitoring technology.

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China’s EV sector needs concrete revisions in the dual credit policy, not vague comments

China EV

Some pretty important statements regarding the future of China’s New Energy Vehicle market emerged from the just-concluded ChinaEV 100 Forum in Beijing. More importantly, China Daily reported that Miao said MIIT is working on guidelines for the NEV sector, including the dual-credit scheme. million in 2018.

China 94
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America’s lithium laws fail to keep pace with rapid development – ET Auto

Baua Electric

REGULATORY RISKS In Oklahoma, which has several brine deposits, the Oklahoma Corporation Commission – which oversees oil and gas development – said it has no jurisdiction over lithium production and royalties, and referred comment to the state’s Department of Mines, which said it also does not oversee lithium.

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2020 Electric Vehicle Industry Report Card and trends for the new year

Plug In India

Progressive scooter startups like PURE EV, Batt:RE have achieved very good numbers in 2020 and are set to expand their portfolio and are expected to capture a large market. We expect the Indian EV Industry to increase their localization efforts in 2021 with stricter rules in FAME 3 guidelines. We had lockdowns.

2020 59