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Europe will miss 2030 chip market goal, says ASML CEO – ET Auto

Baua Electric

Europe will miss its goal of raising its share of the global computer chip market to 20% by 2030 because it is not building manufacturing capacity fast enough, semiconductor equipment maker ASML CEO Peter Wennink said. European chipmakers should be looking to expand in both China and Europe, he said. billion euros (USD 6.9

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Plugins EVs Near Third Of Autos In Germany, Recession Forecast

CleanTechnica EVs

of Europe’s largest auto market, Germany, in October, up from 30.4% This in the context of overall auto market growth of 16.8% Plugin electric vehicles (EVs) gained 32.4% YoY, to 208,642 units. This, however, is still down by almost 25% from the pre-2020 seasonal norms.

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Big Oil Betting On Electric Vehicles

Green Car Congress

Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.

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Germany’s EV Share Cold Comfort Against 34% Shortfall In Overall Auto Market

CleanTechnica EVs

Germany, Europe’s largest auto market, saw plugin electric vehicles take 25.5% Overall auto market volumes were down some 34% from seasonal norms, to 205,911 units, the worst July performance in many years. share in July. This up from 22.6% year on year.

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Europe’s sightseeing buses are graduating from vegetable oil fuel to electric and solar power

Baua Electric

Tootbus, a prominent sightseeing bus company around Europe, has partnered with electric fleet specialist VEV to deliver more sustainable mobility across its entire operations. Tootbus is currently operating buses that run on hydrotreated vegetable oil but is adopting BEV and solar technology with VEV’s help.

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Germany – Plugin EVs About To Blast Past 25% Share Of Auto Market

CleanTechnica EVs

Europe’s biggest auto market, Germany, saw plugin electric vehicle share hit 23.4% The overall auto market saw volume of 231,000 still significantly down from pre-Covid 2019’s ~340,000. in May, up over 3x from 7.3% in May 2020. Summer always brings a further boost, so from now on 25% and above is inevitable.

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Chevron considers lithium manufacturing in unedited EV guess through large oil

Baua Electric

oil majors contrasts with their opposite numbers in Europe, that have been extra competitive in sure energy-transition fields like breeze, sun and tool products and services. The post Chevron considers lithium manufacturing in unedited EV guess through large oil appeared first on Bauaelectric Auto News. Stocks climbed 2.3

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