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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.
announced the renewal of the Industrial Mining Licence for the Malsiripura, M1 mining project in Sri Lanka (known as Ceylon until 1972) from the Geological Survey and Mines Bureau (GSMB). Vancouver-based Ceylon Graphite Corp. The Licence grants exclusive rights to mine graphite from within the M1 mining area.
In a new report, “ Battery Swapping for Electric Vehicles 2022-2032: Technology, Players and Forecasts ”, market research firm IDTechEx concludes that battery-swapping technology currently appears to be a winner in the two- and three-wheeler markets of the Asia-Pacific regions.
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 total area of overlap is 376,449 square miles (975,000 square kilometers), about the size of Egypt. Grantham et al.
Although the ongoing COVID-19 pandemic has significantly impacted the airline industry, ANA is committed to maintaining its existing environmental, social and governance (ESG) goals for 2050. ANA’s efforts have contributed to ANA being placed on the Dow Jones Sustainability Index for three consecutive years.
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. Other significant findings of IEO2019 include: Manufacturing centers are shifting toward Africa and South Asia, especially India, resulting in energy consumption growth in those regions.
’ 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. “As Tesla lays a groundwork, and as we invest in infrastructure and implement policies supporting the industry, competition will grow.
As part the trials, Teijin and Fujitsu will leverage a blockchain-based commercial platform launched in July 2022 to promote the sustainable use of recycled materials, tracing and management of greenhouse gas (GHG) emissions within the environmentally-conscious bicycle industry. Earlier post.)
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.
Initiated by the Lloyd’s Register Maritime Decarbonization Hub, The Silk Alliance brings together a diverse group of organizations whose collaboration can advance the decarbonization of the maritime industry. These include shipowners, such as MSC Shipmanagement Ltd.,
Seamless electrified ecosystem required from rock to road to secure the North American automotive industry Battery development and production is strategically important for the transition to clean-energy economy and to remain globally competitive Sustainable lithium mining and processing is an essential component of this ecosystem.
The index is designed to be used directly by industry participants who wish to follow the relative changes of key raw material input costs of lithium-ion batteries. Lithium hydroxide (CIF Asia). Cobalt hydroxide (CIF Asia). Nickel sulfate (CIF Asia). Lithium hydroxide (CIF Asia). Cobalt hydroxide (CIF Asia).
Ballard Power Systems announced that its proton exchange membrane (PEM) fuel-cell technology and products have now successfully powered Fuel Cell Electric Vehicles in commercial Heavy- and Medium-Duty Motive applications for an industry-leading cumulative total of more than 30 million kilometers (18.5 million miles) on roads around the globe.
Hyundai Heavy Industries (HHI) Group became the world’s first shipyard to construct an LNG-fueled very large container ship (VLCS). class large LNG fuel tank, giving the vessel enough fuel capacity for an Asia-Europe round trip on a single filling. The vessel, measuring 366 meters in length, 51 meters in width and 29.9
The partnership is part of Europe’s strategic industry initiative, the European Battery Alliance, aimed at building an independent, sustainable, and resilient battery industry in Europe. Over time, production volumes are expected to increase substantially.
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.
As the industry continues the migration towards electrification, it is strategically important for ATC to install the necessary capabilities and capacities to support our OEM customers in all regions of the world for all of their powertrain and drivetrain remanufacturing needs, regardless of technology platform.
Both companies have also agreed to establish an instant information sharing mechanism to deepen communication and conduct regular technical exchanges to jointly engage in industry-leading processes and quality standards.
As demand for electric vehicles (EVs) increases, industry analysts and the federal government agree the United States needs to build a sustainable battery recycling infrastructure. Battery Resourcers is investing $43 million in the facility at 9172 Industrial Drive in Covington, which will bring at least 150 jobs to the community.
Now, Daimler announced the two first customers to operate the e-vehicles within their fleet: a total of 30 Freightliner eCascadia and eM2 trucks will be handed over to Penske Truck Leasing and NFI Industries in the US. Logistics specialist NFI Industries holds a fleet of 4,000 tractors and approximately 8,900 trailers in North America.
Magna continues its growth in electrification with secondary eDrive systems hitting the market in Asia, Europe and North America on Volkswagen’s MEB platform. This is Magna’s most recent, high-voltage eDrive system to be industrialized for serial production, and we are excited to make it available to the global market.
Nippon Steel’s announcement is the latest example of the challenges faced by the steel industry in developed economies, notes Roskill: overcapacity and environmental regulations. The Japanese steel industry has a total capacity of 130 Mtpy. China is increasingly gaining market share in Southeast Asia, the region’s battleground.
Daimler Truck supplies industry leading transportation solutions and services to customers. Both companies operate in industries that are facing major technological and structural changes. Mercedes-Benz is the world’s most valuable luxury car brand, offering the most desirable cars to discerning customers.
Graforce, a developer of plasma electrolyzers, and Worley, a leading global engineering and project delivery business, are cooperating to scale methane electrolysis (plasmalysis) starting in Australia, Pacific, Asia and China.
Integrating Cummins’ state-of-the-art natural gas-powered engines into Plus’s industry-leading supervised autonomous trucks enables a new kind of transportation solution and offers customers even greater choices to meet their emissions goals.
The partnership stems from the consideration of strategic advantage that Saudi Arabia has due to its location at a central point between both Asia and Europe. Saudi Arabia stands at a central point between Asia and Europe which gives it a strategic location advantage as a production hub.
Commitments to reach net-zero emissions saw significant support over the last year from governments and businesses alike, particularly in Europe and in Asia Pacific, spearheading CCS investment. In Asia Pacific, we saw national governments in China, Japan and South Korea commit to net-zero climate targets.
A global Automotive Manufacturing Outlook survey commissioned by ABB Robotics and industry publication Automotive Manufacturing Solutions found that more than half (59%) of respondents believe the shift to pure electric vehicle production is not achievable within current legislative timelines. Only 4% felt it would not be possible.
NMC811) and cobalt-free materials, along with their performance in industrial format lithium-ion cells. This capability places us in a unique position to serve the nickel-based cathode material market, which we and industry experts believe will require over 3 million tonnes per annum and represent an over $100B market opportunity by 2030.
This trend was already underway before the pandemic, due to cost-competitive gas in key sectors including power, industry and transport, and major regions including Europe, North America and Asia.
Maersk has introduced the design of its eight groundbreaking and industry-leading 16,000 TEU container vessels powered by carbon-neutral methanol. Unique to the industry, this design allows a 20% improved energy efficiency per transported container, when comparing to the industry average for vessels in this size.
The open-access study, published in Science Advances , also found that the growth of particulate pollution in Asia has contributed to fewer tropical cyclones in the western North Pacific basin. The increased pollution is cooling the land in East Asia, serving to reduce the difference between the temperature of the land and the ocean.
The planned facility would be the first of its kind in North America, combining cathode and precursor materials manufacturing at a large industrial scale and thereby completing the missing link in Canada’s battery value chain, from natural resources to electric mobility.
Honda plans to introduce two commuter EV models between 2024 and 2025 across Asia, Europe and Japan. Currently, EMs (electric motorcycles) and EBs (electric bicycles) account for more than 90% of industry-wide global electric motorcycle unit sales (approximately 50 million units). Commuter EVs. Commuter EMs / EBs. Platform strategy.
Ovako is a leading European manufacturer of engineering steel for customers in the bearing, transportation and manufacturing industries, and is a subsidiary of Sanyo Special Steel and part of the Nippon Steel Corporation Group. At present, global emissions for the industry are estimated at 1700 kg of CO 2 per tonne of crude steel.
The company’s products are delivered all over the world, the biggest market being Asia, which buys more than 25% of NPK (complex fertilizer) capacity each year. Yara Porsgrunn has about 450 employees and is the biggest production unit in Herøya Industrial Park.
It is expected to become an important foundation for the expansion of hydrogen infrastructure at Incheon International Airport, Incheon Port, and industrial complexes. The first phase project is thus also one of the pillars of the Incheon city hydrogen cluster construction project. In the second phase, SK will invest 5.3 trillion won (US$4.7
The founding members—Air Liquide, Anglo American, Bloom Energy, CF Industries, Chart Industries, Cummins Inc., While Europe and East Asia have committed to investing hundreds of billions of dollars into hydrogen solutions, the US is the only major market without a national hydrogen strategy.
Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual Report 2022 by the International Group of Liquefied Natural Gas Importers ( GIIGNL ). Among LNG-importing regions in 2021, only Asia and Latin America increased annual imports: Asia by 2.4 Bcf/d, accounting for 57% of the increase in Asia’s LNG imports.
Polyolefins are the largest market segment in the production of plastic goods and remain essential for various industries such as energy, automotive, packaging, construction, and healthcare. OMV’s successful partnership with Abu Dhabi-based Borouge is the main vehicle for meeting growing customer demand in the Middle East and Asia.
Southeast Asia’s leading O2O (online to offline) mobile platform, announced an agreement under which Hyundai Motor Company and Kia Motors Corporation will invest an additional US$250 million into Grab and establish a partnership to pilot EV programs across Southeast Asia. Hyundai Motor Group and Grab Holdings Inc., billion raised.
The energy crisis in Europe and Asia this winter is a preview of what we can expect in the years ahead. Pressure on governments and industry for a green recovery is further constraining availability of capital, it says. As a result, investment decisions are becoming increasingly complex.
The opportunity to partner with SK presents an attractive and timely opportunity to establish a foothold in this market with one of South Korea’s leading industrial conglomerates. In conjunction with this partnership, the companies have also entered into a definitive agreement for SK Group to make a $1.5-billion
Asia is one of the most important growth regions. According to Deloitte’s China Industry Outlook 2022, the tech-savvy Generation Z will soon replace Millennials and form the largest group of first-time car buyers in China. Software has become a key competitive advantage for automotive companies around the world.
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