Remove Asia Remove Global Remove Industrial Remove Industry
article thumbnail

SEMI forecasts global chip industry to invest >$500B in new factories by 2024; automotive and HPC

Green Car Congress

The worldwide semiconductor industry is projected to invest more than $500 billion in 84 volume chipmaking facilities starting construction from 2021 to 2023, with segments including automotive and high-performance computing (HPC) fueling the spending increases, SEMI announced in its latest quarterly World Fab Forecast report.

article thumbnail

Thailand’s EV industry growing rapidly

Green Car Congress

According to the Electric Vehicle Association of Thailand, the number of companies that are part of Thailand’s electric vehicle industry has risen significantly since 2015, from 76 to 420 in 2019. million units in 2018. We are pleased to welcome the location of a Mercedes-Benz battery production facility to the Bangkok region.

article thumbnail

Nearly 20% of intact tropical forest landscapes overlap with extractive industries

Green Car Congress

A new study from WCS (Wildlife Conservation Society) and WWF finds that nearly 20% of tropical Intact Forest Landscapes (IFLs) overlap with concessions for extractive industries such as mining, oil and gas. The open-access study is published in Frontiers in Forests and Global Change. Grantham et al. Grantham Hedley S., Jones Kendall R.

article thumbnail

SKF appoints Mukund Vasudevan as MD- India and President for Industrial Region, India and SE Asia | Autocar Professional

Baua Electric

SKF has appointed Mukund Vasudevan as MD- India and President for Industrial Region, India and South East Asia, effective today. He succeeds Fredrik Hallen, the Acting President for Industrial Region ISEA. In his previous role, he served as Managing Director – Enterprise at Moglix.

India 52
article thumbnail

The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

at this point, the company has been beginning to deliver its EVs in several markets throughout Europe and Asia. auto industry appeared first on TESLARATI. While BYD isn’t planning to enter the U.S. auto sector,” the organization writes. The post The $10,000 BYD Seagull EV is scaring the U.S.

article thumbnail

Amsted Industries forms automotive group to focus on electric and traditional vehicle markets

Green Car Congress

The integration provides an expanded global presence with 16 facilities in North America, Asia and Europe to serve the global customer base with a robust manufacturing footprint producing over 100 million components and assemblies annually. —Stephen Smith, Chairman, President and CEO, Amsted Industries.

article thumbnail

BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

Green Car Congress

After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas.

Gas 243