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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters (28 billion gallons US), up from 90 billion liters (24 billion gallons US) in 2009. of all global fuel for road transportation—an increase from 2% in 2009, according to the report. Source: Worldwatch Institute. Click to enlarge.

2010 256
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BYD to build new $1.2B battery factory in China

Teslarati

The environmental fillings found on a local Chinese government website state that the project will come at an expected cost of 8 billion yuan ($1.2 BYD’s new battery production follows a string of announcements that BYD would be entering numerous global markets. However, a construction start date was not specified.

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Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

Green Car Congress

A new report from Pike Research forecasts that the global natural gas vehicle (NGV) sector is poised for a new period of growth. Globally, Pike Research forecasts that the NGV market will grow at a CAGR of 5.5% million in 2008. to reach just more than 3 million vehicles (including conversions) by 2015. Environmental benefits.

2015 268
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Nio buys 12% stake in lithium mining company

Teslarati

Greenwing plans to use 80% of the funds from Nio’s purchase for its San Jorge Lithium Project in Argentina. The remaining portions of the funds will be used for general working capital purposes and costs of the proposed transaction. Nio plans ot have over 4,000 battery swap stations globally by 2025.

Buy 98
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Toyota Tsusho to acquire 15% stake in lithium miner Orocobre for US$232 million

Green Car Congress

Toyota Tsusho and Orocobre have been long-term partners in the development of the Salar de Olaroz Lithium Facility in Jujuy Province in northern Argentina, a lithium brine project, which was brought into successful production in 2014. Lithium brine operations typically have a much lower cost of production than hard-rock lithium deposits.

Toyota 207
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Enel acquires eMotorWerks to provide grid balancing solutions and tap into US e-mobility market

Green Car Congress

—Francesco Venturini, Head of Enel’s Global e-Solutions division. Enel is planning to use JuiceNet platform’s functions in all of its EV charging stations globally. Enel has installed around 5,000 charging stations in Italy, Spain, Romania, Greece, Chile, Colombia and Argentina.

Grid 170
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Daimler & Renault-Nissan Alliance expand cooperation to 1-ton pickup trucks

Green Car Congress

Entering the rapidly growing segment of midsize pickups is an important step in continuing our global growth path. Thanks to our well-established partnership with the Renault-Nissan Alliance, we are able to drastically reduce the time and cost to enter this key segment. Mercedes-Benz is the fastest growing premium brand in the world.

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