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The number of hydrogen stations deployed globally has surpassed the 1,000-mark, according to a study by Information Trends. China represents roughly one-third of global deployments, but the US lags far behind with less than 100 hydrogen stations. Another four Asia-Pacific countries have also deployed hydrogen stations.
EV sales expected to jump in 2025 to more than 20 million, with price parity reached in key markets, particularly in China and south-east Asia. The post Global EV sales to hit 20 million in 2025, as prices hit parity in key markets appeared first on The Driven.
Here’s a Shark that’ll bite off a huge chunk from the pickup truck market in Asia and elsewhere. That now-famous, two-tone musical cue that signaled the arrival of the great white shark is playing all over Asia’s pickup truck market. The Jaws theme is playing. Those who remember Jaws know.
Magna continues its growth in electrification with secondary eDrive systems hitting the market in Asia, Europe and North America on Volkswagen’s MEB platform. HME is the global supplier of secondary eDrives for Volkswagen’s all-wheel drive MEB models with power greater than 185 kW. The HASCO Magna Electric Drive Systems Co.,
Growth was particularly strong in Asia, where nuclear generation rose by 17% in 2019. China has more than tripled nuclear generation in six years, from 105 TWh in 2013 to 330 TWh in 2019, and is now responsible for more than half of nuclear generation in Asia. —Agneta Rising, Director General of World Nuclear Association.
In Asia and the Middle East, at least nine refinery projects are beginning operations or are scheduled to come online before the end of 2023, according to the US Energy Information Administration (EIA). million barrels per day (MMb/d) of global refinery capacity once fully operational. million b/d in 2022 and by an additional 1.6
A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. Source: IDTechEx.
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.
in Hyderabad (India) earlier this month, Eberspaecher presented its new all-electric air-conditioning system AC135 AE, especially developed for hybrid and battery-electric driven buses in the Asia-Pacific region. Market forecasts show that by 2030, 40% of the bus fleet in India will consist of BEVs. At Prawaas 3.0
In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). degrees of global warming. Germany, the U.K.
In 2019, the market share of lithium-iron-phosphate (LFP) cathode chemistry fell to 6% in global passenger EV batteries by watt-hours deployed (i.e. Overall, the combined globalmarket share of ternary cathodes (including NCM and nickel-cobalt-aluminum (NCA) varieties) in passenger EV batteries reached 90% in 2019, up from 83% in 2018.
According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% through to 2022, driven by the growing popularity of EVs across countries in Asia-Pacific (APAC) and Europe. million new EVs were sold globally, of which China accounted for more than 50%, followed by the US with 17.3%.
As of November 2022, BYD has sold more than 3 million NEVs to global customers. Established in 1994, UzAuto is the largest automotive holding company in Central Asia with more than 70 subsidiaries in its structure and more than 27,000 employees. Central Asia map by Cacahuate - Own work based on the blank world map, CC BY-SA 4.0.
A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories. —Tanja Vainio.
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.
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.
BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.
Octillion Power Systems, a global provider of advanced lithium-ion batteries, has moved to a new US headquarters in Richmond, California. Octillion is a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems. Earlier post.) kWh system using prismatic NMC cells.
The global auto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Early data from the main markets in Asia shows a drop in vehicle sales of 44% for China and 18% for Korea, two of the hardest hit countries.
Air Products and Cummins signed a memorandum of understanding (MOU) to work together to accelerate the integration of hydrogen fuel cell trucks in the Americas, Europe and Asia. To date, the company has deployed more than 2,000 fuel cells and 600 electrolyzers globally.
To build on a partnership first announced in October 2022, VinES and Li-Cycle will also continue to explore global recycling solutions for VinFast (also part of Vingroup), the first global electric vehicle (EV) manufacturer in Vietnam and Southeast Asia.
US LNG exports increased in the first half of this year as international natural gas and LNG spot prices increased in Asia and Europe due to cold weather. In Asia, colder-than-normal winter temperatures led to increased demand for spot LNG imports. Asia was followed by Europe, which had a five-month average share of 37%.
MAN Truck & Bus will in future be offering an eBus chassis for the globalmarket. By 2040, sales of zero-emission buses are expected to rise to more than 80% of the globalmarket. First prototypes are to be delivered as early as 2023, series production is slated to start in 2024.
Tesla’s push for the new Model Y’s global dominance has officially started. Deliveries coming soon pic.twitter.com/UYQdXCxD07 — Tesla Asia (@Tesla_Asia) February 18, 2025 New Model Y ramp: Tesla Asia officially announced through its official account on X that the new Model Y has started production in Gigafactory Shanghai.
billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 New LNG export capacity, primarily in the US, and rising global demand for natural gas drove continued growth in global LNG trade last year. Global LNG export capacity has increased by 29%, or 14.0
In 2021, 54% of battery capacity deployed onto roads globally in new plug-in electric vehicles was powered by “high nickel” cathode chemistries (i.e., In Europe, this proportion amounted to a lower 51% and in Asia Pacific just 30%, speaking to the regional preferences for high, low and nickel chemistries, Adamas said.
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. EIA’s annual long-term assessment of world energy markets includes a Reference case and four core side cases, which use different assumptions for the projections in each case.
By working with Neste, also included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies, ANA hopes to enhance the quality of fuel used in its aircraft while also solidifying its leadership as an eco-friendly airline.
Hyundai Motor Company will establish a Hyundai Mobility Global Innovation Center in Singapore (HMGICs) to accelerate its innovation efforts, with support from the Singapore Economic Development Board (EDB). HMGICs will become Hyundai’s global open innovation hub. Hyundai expects to secure new markets and customers through the effort.
With sales of 2,164,187 units (-7.5%), Mercedes-Benz maintained a leading global position compared with its core competitors. Mercedes-Benz benefited from the ongoing recovery in many markets in the second half of the year. 1,024,315 units were sold in the Asia-Pacific region (+4.7%).
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.
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.
The Refining & Marketing business is to become a leading European provider of sustainable fuels, feedstock, and mobility solutions. Driven by Asian markets, global demand for virgin polyolefins is expected to grow above global GDP by 2030. The company can build on a strong position. With a new ethane cracker producing 1.5
Plus (formerly Plus.ai), a leading company in self-driving truck technology, announced a new initiative with global engine manufacturer Cummins to develop the industry’s first driver-in, supervised autonomous trucks powered by natural gas. This combination will bring to market natural gas supervised autonomous trucks in 2022.
million metric tonnes (Mt) of electronic waste was generated worldwide in 2019, up 21% in just five years, according to the UN’s Global E-waste Monitor 2020. According to the report, Asia generated the greatest volume of e-waste in 2019—some 24.9 of global greenhouse gas emissions. A record 53.6 Mt), and and Oceania (0.7
Mobileye, an Intel Company, and WILLER, one of the largest transportation operators in Japan, Taiwan and the Southeast Asian region, have formed a strategic collaboration to launch an autonomous robotaxi service in Japan and markets across Southeast Asia, including Taiwan.
recently visited the Tesla Center in Bonifacio Global City (BGC) in Taguig. ’ Tesla executive sees potential growth in Southeast Asia The Philippines joins Indonesia and Thailand in wooing Tesla to build a vehicle manufacturing plant in their neck of the woods. . The Philippines President Ferdinand Marcos Jr.
Enel X and MGL will provide an innovative electrification planning and analysis solution that will help inform the MBTA’s electrification strategy and has the potential to be applied in other markets. Enel is a multinational power company and a leading integrated player in the global power, gas and renewables markets.
Hyundai Motor Group surpassed 10 million global connected car service subscribers this month. The Group introduced the first connected car services in Korea in 2003 and has since expanded the services to the globalmarket. The milestone comes one year and 10 months after reaching 5 million subscribers in August 2021.
of total global sales). It was one of the highest increases among all car categories on the globalmarket, 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 million units.
Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.
Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.
Honda plans to introduce two commuter EV models between 2024 and 2025 across Asia, Europe and Japan. Envisioning the future market environment, uses and technological advancements, Honda is exploring a range of future personal-use models including ones equipped with a power source besides swappable batteries. Commuter EMs / EBs.
Power Global and Rap Eco Motors partner to deliver 50,000 made-in-India electric auto-rickshaws built upon the swappable eZee module. Rap Eco Motors delivers premier e-rickshaws nationwide and abroad to countries in Asia, Africa, Europe and South America.
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