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BYD and UzAuto to form NEV production JV in Uzbekistan

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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. Founded in 1995, BYD is a leading NEV (plug-in hybrids and battery-electric vehicles] manufacturer.

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GlobalData: Government mandates and infrastructure investments to fuel EV growth globally

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Global EV sales reached 7.7 Being an early adopter of EVs, China has numerous local and international companies offering a range of EV models. The Asia-Pacific (APAC) region is leading the EV market in terms of annual sales globally, followed by Europe and the Americas. million units in 2022, up from 1.4

Global 195
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UC Davis report urges policy actions to accelerate equitable transition to ZEVs in Global South

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Facilitating a Transition to Zero Emission Vehicles in the Global South ” examines the status of zero-emission vehicle (ZEV) uptake across the world and considers how to accelerate the transition. Despite these developments, the global distribution of ZEVs remains deeply uneven, the report says.

Davis 210
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MAN Truck & Bus will offer an eBus chassis for the global market; NMC and LFP battery options

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MAN Truck & Bus will in future be offering an eBus chassis for the global market. By 2040, sales of zero-emission buses are expected to rise to more than 80% of the global market. The eBus chassis will be produced at MAN’s plant in Starachowice, Poland, where the Lion’s City E is also manufactured.

Global 221
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Power Global, Rap Eco Motors to launch mass electric auto-rickshaw line powered by swappable battery technology

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Following an initial product launch in April 2022, the companies will partner to manufacture 50,000 electric auto-rickshaws over the next five years, advancing both companies’ roadmaps for “made in India” manufacturing.

Power 243
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EIA projects nearly 50% increase in world energy usage by 2050, led by growth in Asia

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In its International Energy Outlook 2019 (IEO2019), the US Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. 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.

Asia 220
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ATC Drivetrain launches remanufacturing solutions for electric vehicles in North America and Asia

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ATC Drivetrain, an independent global remanufacturer of automotive powertrain and drivetrain systems, is launching remanufacturing capabilities for electric vehicle systems at its Oklahoma City, OK facility to serve the North American automotive market and at its Zhangjiang, China facility to serve the Asian automotive market.