Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy
Green Car Congress
JULY 8, 2015
This investment will build on our existing methanol technology, facilitating even more valuable solutions and helping to propel this part of our business in China. The BIT researchers estimated that a 30% fuel-cost saving could be attained if methanol was burnt even though the price of crude oil has decreased by more than 50%.
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