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Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

Green Car Congress

are enhancing their ongoing strategic partnership in mobility services to focus on accelerating EV adoption in Southeast Asia. Hence, the enhanced partnership will focus on addressing some of these barriers by piloting new EV business models such as leasing EVs with a battery-as-a-service model or car-as-a-service model, and EV financing.

Asia 199
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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.

Asia 52
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EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

Green Car Congress

EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia. This long-term trend of Asian energy consumption to support growing economies strongly influences the extraction, refining, and transport of oil, natural gas, and other fuels.

Asia 220
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EIA projects increases in global energy consumption and emissions through 2050

Green Car Congress

In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —Stephen Nalley.

Global 259
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Rystad Energy: Synthetic graphite key to meeting battery demand surge, despite ESG concerns

Green Car Congress

As demand for electric vehicles (EVs) soars, spurred by government incentives and a push to decarbonize the transportation sector, the global battery industry is set to attract significant attention and investment. On the back of this, demand for battery cathodes and anodes is also set to rocket. million tonnes last year.

Energy 195
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Umicore to build cathode active material plant in Canada

Green Car Congress

Umicore plans to construct a manufacturing facility for cathode active battery materials (CAM) and their precursor materials (pCAM) in Ontario, Canada. In Asia, Umicore serves its customers from its plants in Jiangmen, China, and Cheonan, Korea. Access to renewable energy across its sites is a key lever to reaching this goal.

Canada 384
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Yamaha Joins Global Move to Battery Swaps for E-bikes

Cars That Think

E-bikes are powered by relatively small batteries that can be wrangled by the average person who can handle a carton of milk. Also crucial to Yamaha’s plan is that the batteries will not be owned, but rented, by the e-bike owners. And longer life means more profitability for a company offering batteries-as-a-service.

Global 107