This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
Magna continues its growth in electrification with secondary eDrive systems hitting the market in Asia, Europe and North America on Volkswagen’s MEB platform. We take a lot of pride in being the global supplier for all secondary eDrives for Volkswagen’s MEB platform and seeing the initial vehicles hit the market.
Ford Motor Company is reorganizing its Asia Pacific operations. Peter Fleet, president Ford Asia Pacific, will facilitate the transition of Chen into his new position as leader of the Ford operations in China. Success in China is critical as we reposition our global business for long-term success.
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.
World petroleum and other liquid fuels consumption will increase 38% by 2040, spurred by increased demand in the developing Asia and Middle East, according to the Reference Case projections in International Energy Outlook 2014 ( IEO2014 ), released by the US Energy Information Administration (EIA). Source: EIA. Click to enlarge.
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.
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. The world automotive market is going through a period of fundamental change.
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.
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.
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 global market 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.
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.)
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.
DOE’s Fuel Cell Technologies Office has made significant investment in hydrogen and fuel cell research and development (R&D) over the last decade, helping to cut fuel cell cost in half and enabling the commercialization of fuel cells for several early market applications. Click to enlarge. Earlier post.)
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. With SbW, there is no longer a mechanical connection between the steering wheel and the steering gear.
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. The largest increase will be in China, which is expected to boost its EV sales from 579,000 in 2017 to 1.5 million by 2022.
’ 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 is the fourth Southeast Asian market Tesla has entered. The Teslarati team would appreciate hearing from you.
Benchmark assembles the index using its market-leading price assessments including the IOSCO-accredited lithium, nickel, and cobalt prices. 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).
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.
China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 More than 45 billion yuan (US$6.5
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. Refining & Marketing. With a new ethane cracker producing 1.5
Enel X continues to be a leader in the electrification of transportation in the US, supporting utilities, businesses and consumers on their path towards zero emissions driving through our unmatched combination of industry expertise, software, and hardware. Enel distributes electricity through a network of more than 2.2
It was one of the highest increases among all car categories on the global market, 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 Passenger electric cars recorded 1.26 of total global sales).
The project aims to supply the first green ammonia products to the market as early as mid-2023, both as fossil-free fertilizers, as well as emissions-free shipping fuel. Yara is the world's leading supplier of mineral fertilizer and has a market share of approximately 8%.
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.
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.
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
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.,
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.
While cobalt prices have shown positive signs of late, there are nuances within the market which highlight the key fundamentals that will likely decide cobalt’s future price trend—which is taking its cues less and less from the industrial metal supply chain, according to a new report from Benchmark Mineral Intelligence.
This combination will bring to market natural gas supervised autonomous trucks in 2022. 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.
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.
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.
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.
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.
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 EVs.
The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.
The new TTTech Auto branch in Shanghai will bring its expertise and the series proven safe vehicle software platform, MotionWise , to car manufacturers, Tier 1 suppliers and partners to the rapidly developing Chinese automotive market. Asia is one of the most important growth regions.
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.
The report underlines concerns about the stability of global energy markets in the wake of the COVID-19 pandemic and follows a decision by several countries including the United States, Japan and India to release strategic petroleum reserves to cool prices. As a result, investment decisions are becoming increasingly complex.
Roskill has constructed a comprehensive copper industry reference dataset covering the period 2014-2018, built upon a production, trade and consumption platform of the eleven main markets for semi-manufactures in copper and copper alloys. Conversely, ample supplies of scrap will have the reverse effect.
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. The development of an international hydrogen market could also accelerate adoption. Low-carbon gas. —Jon Moore, CEO of BNEF.
Initially, service coverage will be provided to the Chinese market and the Asia-Pacific region with plans for expanding global coverage after 2026. Many favorable factors such as policy support and market demand is accelerating the growth of the commercial aerospace sector. —Tony Wang, CEO and Chief Scientist of Geespace.
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.
Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d by 2023 to 104.7
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content