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The International Council on Clean Transportation (ICCT) just dropped its third annual Global Automaker Rating, showing that Chinese carmakers dominate the zero-emission vehicle (ZEV) space. China now accounts for over 11 million EVs sold annually – over half of global EV sales.
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
Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., FCRD is a company that holds tremendous significance for Toyota's global FC strategies. GAC Group); Beijing Automotive Group Co., BAIC Group); and Beijing SinoHytec Co.,
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
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.
Mercedes-Benz has entered a far-reaching strategic partnership with the Chinese battery cell manufacturer Farasis Energy (Ganzhou) Co., In order to be able to meet increasing demand for German Mercedes-Benz plants in the future, Farasis is building a plant for battery cells in Bitterfeld-Wolfen; creating up to 2,000 new jobs.
Australia-based Lynas Rare Earths Limited entered into an agreement with the US Government to build a commercial Light Rare Earths separation plant in the United States, through a wholly owned subsidiary, Lynas USA LLC.
Copper prices plunged 27% to a low of US$4,617/t in late March as the global impact of COVID-19 became apparent, but copper stabilized and then began to rise, completing a full recovery to its January starting point by the end of July. Underlying Chinese consumption is actually performing much better than most analysts believe, Roskill said.
Jiangnan Shipyard, owned by China State Shipbuilding Corp (CSSC), has ordered an LPG (liquefied propane gas)-burning MAN B&W 6G60ME-LGIP engine in connection with the building of an 86,000-m 3 VLGC (Very Large Gas Carrier) for Tianjin Southwest Maritime (TSM), the Chinese shipping company.
Allison brings more than 100 years of experience in building reliable and valued propulsion solutions, including two decades of electrified propulsion systems development and commercialization. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.
The global auto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Other elements of the note: BNEF cut the global solar demand forecast for 2020 from 121-152GW to 108-143GW. Chart: BloombergNEF.
The world is in a race to dominate the electric vehicle market—the Europeans have made their Battery Alliance a priority and the Chinese are chomping at the bit. Some experts estimate that the known lithium resource in the Salton Sea can meet more than one-third of today’s global lithium demand.
READ MORE: e Chinese electric cars really spyware on wheels? I think my money is now on Japan | Opinion READ MORE: Why the massive influx of Chinese EVs will end in tears | Opinion But that’s just top line. So do you think the world’s second-largest economy is interested in building a combustion-engined future? For us as well.
The rapid increase in vehicle electrification in the automotive industry will have a major impact on global raw material markets. The global lithium demand is expected to more than double by 2023. This specialized team is focusing on building close relationships with the raw material industry.
The investment advances the Group’s global hydrogen leadership and supports its push into China’s rapidly developing hydrogen industry. Hyundai Motor Group signed an investment contract with the government of Guangdong Province to establish an offshore fuel cell system production facility in Guangzhou, China.
The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. CATL) is building its first plant outside of China in Thuringia, Germany. CATL develops battery systems for global customers in EV, HEV and PHEV applications; its sales of EV batteries amounted to 11.84 GWh in 2017—making it Nº 1 globally.
China-based battery maker CATL (Contemporary Amperex Technology Co Ltd) and its subsidiary Shenzhen Dynanonic signed an agreement with Jiang’an county government (located in south-west China’s Sichuan province) to build a lithium iron phosphate (LFP) cathode materials plant with a production capacity of 80 tpy. —Zeng Yuqun.
In addition to new electric models, this also includes the transformation of the global production network. At the same time we are ramping up volume production in the Zwickau electric car plant and in our two Chinese MEB plants every week. In doing so we reaffirm our ambitions to take on a role as global leaders in electric mobility.
Weve said it before and will say it again: Build Your Dreams (BYD) is coming. The Chinese automaker continues to gain momentum in global NEV sales and does not expect to hit the brakes anytime soon.
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.
A global shortage of LFP cell capacity outside of China could hinder wider adoption by western automakers, Benchmark says. Last month Gotion High-Tech agreed to supply a large listed and unnamed US automaker with 200 GWh of LFP batteries between 2023 and 2028 in an indication of the auto industry’s reliance on Chinese production.
billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 billion, level with 2019 despite falling unit prices.
Global CO 2 emissions from fossil fuel use and cement production reached a new all-time high in 2013, according to the annual report “Trends in global CO2 emissions”, released by PBL Netherlands Environmental Assessment Agency and the European Joint Research Centre (JRC). In 2013, global CO 2 emissions grew to the new record of 35.3
With new low-cost Chinese flooding global markets, Ford CEO Jim Farley vows its new mid-size electric pickup is a “game changer.” Ford’s leader took a jab at BYD, vowing the company’s new electric pickup will match the costs of Chinese automakers building in Mexico.
As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.
SK On will partner with Korea’s largest cathode material company EcoPro, and Chinese battery materials producer GEM to build a battery core material production facility in Saemangeum, South Korea. SK On has been actively building various cooperative relationships to strengthen the raw material supply chain.
Xiaomi Corporation, a global leader in the technology and consumer electronics sector, is joining as a strategic investor. It has received funding from prominent Chinese and international investors including Alibaba Group and IDG Capital. The company is building its fully-owned intelligent factory in Zhaoqing, Guangdong Province.
Shanghai Sunwise will build and operate hydrogen refueling stations and provide comprehensive solutions for hydrogen refueling, while Shanghai Ronghe Electric Technology Financial Leasing will provide financial support services for the fuel cell electric commercial vehicle pilot operations.
The stories about Chinese brands going international are both telling and, in some cases, prescient. Remember, back then electric vehicles were just a gleam in Beijing and some Chinese automakers eye. Chinese manufacturers lacked the engineering and design chops to produce cars for international markets. Glocal is not a typo.
Ahead of Beijing International Motor Show, INFINITI announced it will build five new vehicles in China in the next five years, beginning with the all new QX50 SUV, and electrify its portfolio ( earlier post ). —Roland Krueger, chairman and global president, INFINITI Motor Company, Ltd.
JM and the Shanghai Jiading District plan to build a new catalyst-coated membrane (CCM) production facility, providing CCM production capability for multiple proton exchange membrane (PEM) fuel cell applications and PEM electrolyzers. It will have potential to expand further in line with customer demand.
Thus, Anhui is an important pillar of our global battery strategy. The global strategy leads from vertical integration in the raw material market via building battery plants, as well as cell factories in collaboration with partners—amongst them the Chinese battery expert Gotion—to second life solutions and recycling.
Today, more than 3,200 designers and engineers, NEV and software specialists are creating leading-edge innovations in close collaboration with Chinese tech players, start-ups, local partners as well as academia. Within BMW Group’s global R&D network, China is the only country outside Germany with full-process R&D capabilities.
China is positioning itself to dominate the global supply of copper, a material in high demand as the world transitions to alternative energy systems, according to experts from Rice University’s Baker Institute for Public Policy. “If China’s domestic production of copper is inadequate relative to demand, according to the authors.
Anovion, with its partners, collaborators and stakeholders, will build 35,000 tons per annum of new synthetic graphite anode material capacity for lithium-ion batteries used in electric vehicles and critical energy storage applications. The construction process will use established and approved processes for building new manufacturing sites.
Westport Fuel Systems plans to expand its global manufacturing footprint in China in support of future growth of Westport’s hydrogen componentry business and other alternative fuel system technologies. Westport is focusing on China for this manufacturing expansion as China leads the world in hydrogen investment and infrastructure development.
As we navigate the final half of the last month of 2023, there’s a genuine chance that Chinese automaker Build Your Dreams (BYD) will take the crown from Tesla as the leader in global BEV market share. A global technology research firm thinks so based on BYD’s continued growth that led to it catching Tesla in Q3.
Although the traction motor system will be launched in the Chinese market first, Nidec plans to make the product available to European automobile manufacturers as well in the near future. Mass production will start in 2019 in Nidec’s new dedicated 66,000 m 2 factory in the Pinghu Economic Development Zone near Shanghai.
Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6 Following nearly two years of declines, observed global oil inventories increased by 77 mb in April. Preliminary data for May show total OECD stocks building by 6 mb. Assuming Libya rebounds from a steep drop, the bloc’s production could increase 2.6
As with Ford's deal structure, Tesla would own and operate the plant while licensing technology from CATL , according to Bloomberg. | TSLA.US (Image credit: CnEVPost) Tesla is reportedly looking to build a new battery factory with CATL in the US, similar to the Chinese battery-maker giant's deal with Ford last month. 1 with a 33.9
Booming global EV automaker Build Your Dreams (BYD) has hit a snag with the Chinese government, which has delayed the green light to build a new plant in Mexico amid fears that proprietary technology in the southern part of North America could more easily make its way into the United States more
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.
In February 2019, 76% more lithium carbonate equivalent (LCE) was deployed globally in batteries of newly-sold passenger EVs than the same month the year prior, according to a model-by-model build-up using Adamas Intelligence’s “EV Battery Capacity and Battery Metals Tracker”.
Together, the US and China account for more than one third of global greenhouse gas emissions. Launch a Climate-Smart/Low-Carbon Cities Initiative: Urbanization is a major trend in the 21 st century, and cities worldwide account for a significant percent of global greenhouse gas emissions. per year on average between 2020 and 2025.
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