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Motor vehicles and component parts sector employment in US grew by 3% from 2017 to 2018

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The Motor Vehicles and Component Parts sector employed 3% more people in 2018 than 2017. More than 2 million employees in the sector worked with conventional gasoline and diesel vehicles in 2018, up 1.4% Electric vehicle employees grew 21% and plug-in hybrid electric vehicle employees grew 31% from 2017 to 2018.

2018 236
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Ethanol production in Germany fell 12.88% last year from 2018; market share of E10 up 1 percentage point

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The German Bioethanol Industry Association (BDBe) has published the 2019 market data for the production and consumption of certified sustainable bioethanol. Sales of bioethanol were roughly on par with the previous year, with the market share of Super E10 rising by almost one percentage point to 13.7%. less than in the previous year.

2018 243
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Geely begins mass production of commercial satellites; support for future vehicles

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Geely plans to utilize commercial satellites to support high-speed data connectivity, highly precise navigation, and cloud computing capabilities in future vehicles. Geely’s entry into the commercial satellite business is part of the Group’s transformation into a global mobility technology enterprise.

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Porsche and Boeing to partner on premium urban air mobility market; electric VTOL concept

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Porsche and Boeing signed a Memorandum of Understanding to explore the premium urban air mobility market and the extension of urban traffic into airspace. With this partnership, both companies will leverage their respective market strengths and insights to study the future of premium urban air mobility vehicles.

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thyssenkrupp’s water electrolysis technology qualified as primary control reserve in Germany; hydrogen production for the electricity market

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green hydrogen meets the requirements for participation in the primary control reserve market. In the future thyssenkrupp’s electrolysis plants will be able to act as large-scale buffers to stabilize the power grid and compensate fluctuations quickly and flexibly. With this we have achieved a further important goal. thyssenkrupp and E.ON

Water 337
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Volkswagen and JAC launch new JV for electric cars for mass market in China; 1st vehicle in 2018

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The new joint venture, which has initially been concluded for a term of 25 years, will develop electric vehicles and launch them on the hotly contested Chinese mass market. The objective is to deliver 400,000 electric vehicles to the Chinese market in 2020 and 1.5 Each of the partners is to hold a 50% stake in the new company.

China 170
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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. trillion in 2018, a level similar to 2017.

2018 191