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

Green Car Congress

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. Coupled with this, the momentum could lead to downward adjustment in premium pricing, which helps provide solid foundation for premium vehicle penetration to further increase in China in the next decade. North America. million units.

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MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

Because of the lower carbon/hydrogen ratio of methane (CH 4 ) relative to gasoline, CO 2 emissions from the combustion of natural gas are approximately 75% of those of gasoline for a given amount of energy production. emissions are reduced by around 25% relative to the use of gasoline for the same engine efficiency. Source: MIT.

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Toyota digs for Lithium

Revenge of the Electric Car

Toyota Tsusho Corp, a trading house and key Toyota supplier that Toyota owns 22 percent of, just announced that it would be jointly developing a new lithium project in Argentina with the Australian-listed Orocobre Ltd. For more information read: Toyota in Argentine Lithium Deal for Hybrid Car Push. By Eriko Amaha for Reuters. By Eriko Amaha.

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USDA Long-Term Projections See Ongoing But Slower Growth in Corn Use for Ethanol

Green Car Congress

While expansion in the ethanol industry will continue over the next ten years, there will be slower growth for corn-based ethanol, largely reflecting moderate growth in overall gasoline consumption in the United States, according to the US Department of Agriculture’s (USDA) Long-Term Agricultural Projections released on 12 Feb.

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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

Green Car Congress

Demand for lithium—the hottest commodity on the planet and the only commodity to show positive price movement in 2015—is poised to continue on its upward trajectory, becoming the world’s new gasoline and earning the moniker of “White Petroleum”. by James Stafford of Oilprice.com.

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Westport Acquires OMVL of Italy and 100% of Juniper Engines for 19M; Launching a Light-Duty Automotive Strategy for Alternative Fuel Engines

Green Car Congress

Juniper will grow the business through new OEM relationships and continued strong aftermarket sales, leveraging OMVL’s capabilities and assembly facilities in Italy and Argentina that today supply Europe, Asia and the Americas. The total purchase price of approximately US$23.4 In 2009, Juniper Engines introduced its new 2.0-liter