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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

The International Energy Agency estimated there were 4 million low-speed electric vehicles in China as of midyear 2018, representing about 2% of the country’s passenger cars, Collins said. —Gabriel Collins.

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Volkswagen to offer refreshed Tiguan with new plug-in hybrid powertrain in Europe

Green Car Congress

The world première of the first generation Tiguan took place at the Frankfurt International Motor Show (IAA) in Frankfurt in 2007. In October 2019, Volkswagen added a plug-in hybrid drivetrain for the Chinese model. In Shanghai, Volkswagen manufactures the LWB Tiguan L for the Chinese market.

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Agreements reached on trans-Guinean infrastructure in milestone for Simandou iron ore project

Green Car Congress

Rio Tinto and the Simfer joint venture (Simfer) reached an important milestone by concluding key agreements with the Republic of Guinea (West Africa) and Winning Consortium Simandou (WCS) on the trans-Guinean infrastructure for the world class Simandou iron ore project.

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Eni and Petrochina sign MOU to develop business opportunities in China and abroad; focus on conventional and unconventional hydrocarbons in Africa

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In particular, the companies will study common opportunities jointly to expand their operations in conventional and unconventional hydrocarbons in Africa. Eni China is joint operator in the CACT Consortium together with CNOOC and Chevron in the Chinese South Sea with an equity daily production of 12,000 boed.

Africa 218
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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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billion convertible issue from waste-to-energy specialist China Everbright International and a $311-million IPO by US fuel cell developer Bloom Energy. The largest six VC/PE new equity deals of 2018 so far have all involved Chinese electric vehicle firms, including the two mentioned above during 3Q. South Africa at $2.6

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

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The planning and construction of this industrial park is a concrete step to implement the Chinese government’s green development goals for Guangdong and the national ‘Made in China 2025’ strategy. Power Asia Pacific’s 2016 China Initial Quality Study, the highest of all Chinese brands for the fourth consecutive year.

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Mercedes-Benz running automated test drive in Shanghai; infrastructure peculiarities

Green Car Congress

Mercedes-Benz started its “Intelligent World Drive” at the Frankfurt International Motor Show (IAA) in September to adapt more highly automated driving functions to national user and traffic practices. In addition, there are road signs with Chinese characters and lane markings, which in China have different or even multiple meanings.

Mercedes 186