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Mercedes-Benz Vans shows pickup truck concepts; market launch in late 2017; diesel V6

Green Car Congress

Daimler AG will make investments in the high nine figures (euro) in the new model series by the time of the market launch. The key markets will be Argentina, Brazil, South Africa, Australia with New Zealand, and Europe. Mid-size pickups currently have the largest share of the total vehicle market in Australia with 14.1%.

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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

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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 and CATL—the world’s largest battery producer—have signed a separate non-binding MOU to explore a cooperation for supplying batteries in Ford’s markets across China, Europe and North America. Ford also announced it plans to localize and use 40 GWh of LFP capacity in North America starting in 2026.

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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. For the first half of 2011, Chevrolet recorded sales gains in all of its top five markets, including: The United States, up 16%; Brazil, up 0.4%

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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Green Car Congress

Inefficient fossil fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers.

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Study reports non-US global shale gas recoverable resources of 5,760 Tcf; global shale gas boosts total recoverable natural gas resources by 40%

Green Car Congress

These include France, Poland, Turkey, Ukraine, South Africa, Morocco, and Chile. In addition to the United States, this group includes Canada, Mexico, China, Australia, Libya, Algeria, Argentina, and Brazil. The US is second, with 862 Tcf, followed by Argentina with 774 Tcf and Mexico with 681 Tcf. Background.

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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

It was one of the highest increases among all car categories on the global market, which can be explained by several factors, JATO said. Overall, 2018 marked a somewhat challenging year for the global car market, as sales fell for the first time since 2009, logging 86.01 Passenger electric cars recorded 1.26 of total global sales).

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