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Global geothermal industry passes 12,000 MW operational

Green Car Congress

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.

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Ford sources battery capacity and raw materials for 600K EV annual run rate by late 2023, 2M by end of 2026; adding LFP

Green Car Congress

Ford expects a compound annual growth rate for EVs to exceed 90% through 2026, more than double forecasted global industry growth. Ford has signed an additional MOU with SK On as well as KoƧ Holdings to create a joint venture in Turkey for expanded battery capacity there.

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US, China, and G-20 agree to work to global phase down of HFCs

Green Car Congress

This was agreed by: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey,the United Kingdom, the United States, and the European Union, as well as Ethiopia, Spain, Senegal, Brunei, Kazakhstan, and Singapore.

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Chevrolet sets first-half global sales record with 2.35M units; 14% growth

Green Car Congress

In addition, Chevrolet set record first-half sales in many countries, including Argentina, Brazil, Chile, China, Colombia, Denmark, Ecuador, France, South Africa, and Turkey. Canada, where sales climbed 8%, and have more than doubled the pace of industry growth for the past 18 months. Click to enlarge.

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Ricardo study predicts that BRIC automotive markets will be eclipsed by the ā€œRising-15ā€

Green Car Congress

Ricardoā€™s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. Nissan introducing new Datsun in Indonesia.

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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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The Group of Twenty (G20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy.

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JATO: 2018 record year for EVs; sales up 74% to 1.26M units; overall market stable, as SUVs rule

Green Car Congress

Many carmakers felt the effects of trade tensions between the worldā€™s biggest economies, political changes in key markets, and new threats to the status quo of the industry. Last year could be considered as the beginning of a new era for the automotive industry. —Felipe Munoz, JATOā€™s global analyst. —Felipe Munoz.

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