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GlobalData: Asia to spearhead global refinery FCCU capacity additions between 2022 and 2026

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Asia is expected to register the highest refinery Fluid Catalytic Cracking Units (FCCU) capacity additions globally between 2022 and 2026, accounting for approximately 48% of the total capacity additions by 2026, according to GlobalData, a data and analytics company. —Teja Pappoppula, Oil and Gas Analyst at GlobalData.

Asia 195
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15+ global automotive brands testing StoreDot extreme fast charging high energy battery cells

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StoreDot, a developer of extreme fast charging high energy batteries for electric vehicles, announced that its XFC batteries and systems are now being tested by more than 15 global automotive brand manufacturers, and that it has additional potential manufacturing partnerships in the pipeline for this year.

Global 417
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Octillion shipping 1,500 battery packs per day globally

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Octillion Energy, a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems, has achieved the milestone of shipping more than 1,500 battery packs a day and expects to hit 2,000 packs per day this month. billion kilometers driven on its systems.

Global 329
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QuantumScape expands to Asia-Pacific region with new R&D enter in Japan

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QuantumScape Corporation, a leading developer of next-generation solid-state lithium-metal batteries for use in electric vehicles ( earlier post ), is expanding into the Asia-Pacific region with an office in Kyoto, Japan. The new property will feature a laboratory for battery research and development.

Asia 199
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HIF Global begins approval process for its first eFuels manufacturing facility in Australia; third globally

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E-fuels company HIF (Highly Innovative Fuels) Global has begun the development of Australia’s first large-scale, carbon-neutral eFuels production facility in Tasmania. Our global plan is to produce over 8 billion liters a year of carbon-neutral eFuels—enough to decarbonize 5 million vehicles. Earlier post.).

Australia 186
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BYD and UzAuto to form NEV production JV in Uzbekistan

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BYD and Uzavtosanoat JSC (UzAuto) signed an agreement to establish a joint venture company producing new energy vehicles (NEVs). The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan.

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ABI Research: 16B ride-hailing trips completed globally in 2017, 24B expected in 2018; 70% in Asia

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The results showed that just more than 70% of ride-hailing trips were completed in Asia alone, with the next biggest markets being North America and Latin America, with only 5% of trips being completed in Western Europe due to stricter regulation. It hasn’t been all success stories for those operating in Asia, however.

Asia 199