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BloombergNEF expects 40% growth in global EV sales in 2019; 2.6M vehicles, 1.5M in China

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million electric vehicles to be sold globally in 2019. million units—around 57% of the global market. China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019. In markets like the US and the UK, direct purchase subsidies are already starting to wind down.

2019 392
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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

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This rapid growth in demand has been further amplified with the passage of the “Inflation Reduction Act” (IRA) in the Fall of 2022, which includes mechanisms to incentivize electric vehicle manufacturers and consumers to purchase electric vehicles (EVs) that source battery metals from domestic manufacturers.

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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

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Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. Globally, vehicle owners and those considering purchasing BEV agree the top benefits of going electric are improving the environment, adding convenience and reducing ownership costs.

Global 429
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Tesla rumored to be purchasing wireless charging company Wiferion

Teslarati

Tesla is rumored to be purchasing wireless charging company Wiferion, a Freiberg, Germany-based entity with charging and power solutions. The shareholders intend to sell their shares in the company to Tesla International BV by means of a purchase agreement,” the filing said. It also bought Hibar Systems in late 2019.

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JAL and Shell Aviation sign purchase agreement to replace fuel uplifted in Los Angeles with SAF

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On 2 May, JAL announced its plan to achieve carbon neutrality by 2050 (“JAL Group Medium-Term Management Plan Formulated the Rolling Plan 2023”) and has set a goal to reduce 10% of its CO 2 emission compared to the 2019 level by fiscal year 2030.

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Ford sets target to become carbon-neutral globally by 2050

Green Car Congress

Ford Motor Company intends to achieve carbon neutrality globally by 2050, while setting interim targets to address climate change challenges more urgently. We don’t have all the answers yet but are determined to work with all of our global and local partners and stakeholders to get there. Ford is investing more than $11.5

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 million units in March 2020, down by 39% from March 2019. —Felipe Munoz, JATO’s global analyst. million units.

Europe 261