article thumbnail

Next-Battery secures strategic relationship with China-based Lvchi Automobile Technology

Green Car Congress

Next-Battery , a start-up developing high energy-density Li-ion battery technology, has secured a strategic relationship with Lvchi Automobile Technology (Shanghai) Co Ltd. The global design, research and development base of Lvchi is located at the Turin engineering center in Italy.

article thumbnail

SAFE report addresses US aluminum sector’s energy challenges; more US production of primary aluminum needed

Green Car Congress

Aluminum demand will continue to grow as the economy transitions to a more sustainable energy future with the electrification of automobiles and new green technologies. Global demand is outpacing supply, so we can see a potential supply shocking coming.

UAE 259
article thumbnail

IHS Automotive: global vehicle production to increase by 21M units by 2021; China to account for half of the increment

Green Car Congress

Global automobile production will increase by 21 million units by 2021, and has grown by 25 million units since 2009 as the industry continues to recover from the impact of the global economic recession, according to a forecast by IHS Automotive.

Global 261
article thumbnail

Ford and Sollers sign MoU to establish a JV in Russia

Green Car Congress

Ford Motor Company and Russian automobile company Sollers OJSC signed a Memorandum of Understanding (MoU) under which the parties intend to launch a new 50:50-owned joint venture called Ford Sollers for the production and distribution of Ford vehicles in Russia. Ford began producing cars in Russia in 2002. Earlier post.).

Russia 186
article thumbnail

Honeywell Global Turbo Forecast projects 49M turbocharged vehicle sales, $12B revenue per year by 2019

Green Car Congress

The automotive turbocharging industry will generate $12 billion in revenue by equipping 49 million vehicles with turbochargers annually by 2019, according to Honeywell Turbo Technologies’ 2014 Global Turbo Forecast. Honeywell has more than 500 programs in its product development pipeline and works with nearly every major global manufacturer.

2019 261
article thumbnail

Hexa Research forecasts $10.96B global rare earth elements market by 2020

Green Car Congress

According to a new study by Hexa Research, high demand for rare earth elements such as cerium and lanthanum in applications such as automobiles, metallurgy, phosphors, glass, etc. will drive global market growth, resulting in a global rare earth elements market reaching $10.96 billion in 2020. and India over 3%.

2020 150
article thumbnail

Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

Green Car Congress

In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% However, the collapse in global oil prices has eroded a significant portion of the natural gas cost advantage. million vehicles in 2015 to 3.9 million in 2025. of all LDVs.

2015 150