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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6

Global 448
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Biden administration considers penalties for Chinese EV companies in Mexico

Teslarati

The Biden Administration is considering penalties for Chinese electric vehicle (EV) automakers who are moving production to Mexico. On May 14, 2024, the Biden Administration released new tariffs on Chinese EV imports and other sectors to protect American workers and businesses in the United States. According to U.S.

Mexico 111
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Johnson Matthey to build CCM plant in China for PEM fuel cells and electrolyzers

Green Car Congress

Johnson Matthey (JM) signed an investment agreement with the Jiading District in Shanghai to help accelerate the hydrogen economy in China. billion global stated capital expernditure for the three years to 2024/25 and will include government support and incentives. The investment, which is backed by customer demand, is part of JM’s £1.1-billion

China 195
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Roskill: graphite prices still rising on high Chinese electricity costs

Green Car Congress

Roskill reports that prices for Chinese graphite continue to rise as producers contend with increasing electricity costs and supply disruption caused by limits on energy consumption. Prices could rise higher in Q4 if producers aren’t able to build up stocks now, ahead of typical winter closures.

Chinese 321
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Haldor Topsoe and Yanchang form joint venture and build methanol catalyst facility in China

Green Car Congress

Haldor Topsoe and Shaanxi Yanchang Petroleum have formed a joint venture with the aim of delivering locally produced MK-151+ methanol synthesis catalysts to the Chinese market. Together, the two companies will build a production facility in Shaanxi Fupin in China to produce methanol synthesis catalysts.

China 243
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Kia unveils Concept EV5 in China

Green Car Congress

Kia Corporation unveiled the Concept EV5 at Kia Chinese EV Day. The Concept EV5 provides a preview of a production all-electric SUV model that will be launched first in China later this year; details regarding any future plans for the other global markets will be made in due course.

Kia 259
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Volkswagen global EV production network grows with launch of second German site in Emden

Green Car Congress

Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 Emden is now the second site for electric vehicles in Germany following Zwickau and also joins the Chinese plants in Anting and Foshan. As a result, Volkswagen is creating the conditions in 2022 for building 1.2

Global 435