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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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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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Hyundai Motor Group invests in startup BOS Semiconductors as part of larger automotive semiconductor strategy

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ZER01NE’s second fund has an expanded investment target and scope compared to its first fund, formed in 2018. The Group is using the second fund to proactively invest in promising startups to support its future mobility businesses, such as advanced air mobility, eco-friendly vehicles, connected cars, artificial intelligence, and robotics.

Hyundai 186
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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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million tonnes, about 1% more than in the previous year (2018: 17.8 million tonnes, the sales volume was more than 6% higher than in the previous year (2018): 2.31 In 2018 this percentage was still 6.3%. In a fuel market that increased again slightly in 2019 with gasoline sales of 18.0 million tonnes. million tonnes).

2018 243
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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
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Honda to focus on increasing hybrid volume with core models: CR-V, Accord and in the future, Civic; Insight production ends in June

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As the next step in Honda’s electrification strategy in North America, the company will focus on increasing hybrid volume of core models: CR-V, Accord and, in the future, Civic. The 3rd-generation Honda Insight is one of America’s top-selling compact hybrids, with more than 70,000 sold since it was introduced in 2018.

Insight 170
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BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

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This also expresses our confidence for the future business development. Those companies capable of developing and combining hardware and software in equal measure will shape the future of the automobile. In paving the way for the future of mobility, a substantial level of upfront expenditure was required.

BMW 291