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SAIC Motor to invest up to USD 2 billion in India by decade-end, says top executive | Autocar Professional

Baua Electric

According to him, in the long term, the JV aspires to export vehicles to key right-hand drive markets such as Australia and South Africa. SAIC entered India in 2017 through its British brand MG Motor and started sales in 2019. And the Chinese automaker’s ties with JSW Group could get deeper.

India 52
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Ford opening 66 more new dealerships in China by end of year; Asia-Pacific growth plans

Green Car Congress

The new dealerships will be located throughout Ford’s sales regions in China, in cities such as Liyang, Shijiazhuang, Harbin, Wanzhou in Chongqing and Anyang. Many of these cities, relatively unknown outside of China, have populations well above one million people and will help lead the next wave of growth in the Chinese economy.

Asia 199
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Axion International signs LOI to form global JV with Sicut Holding to target $8B railroad tie market with recycled structural composites

Green Car Congress

Axion International, a leading producer of industrial building products and railroad ties made from 100% recycled plastic ( earlier post ), has signed a non-binding Letter of Intent (LOI) with Sicut Holding Limited (previously Micron Inc.

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Ford Launches New Fiesta in China

Green Car Congress

Pre-sale demand for the car in China has exceeded Ford’s expectations, with several thousand Chinese consumers placing orders ahead of the official launch. The China market variant has been customized and tailor-made to suit Chinese consumer tastes and requirements.

China 150
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Celanese sees new TCX ethanol process as key component in future growth; a paradigm shift in ethanol production

Green Car Congress

TCX is the company’s new proprietary technology for ethanol production that builds on its acetyl platform and integrates new technologies to produce ethanol using basic hydrocarbon feedstocks—natural gas, coal and pet coke now, with biomass and waste planned for the future. Earlier post.). Earlier post.).

Future 210
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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

Green Car Congress

Strong battery demand for stationary storage and rapidly accelerating passenger vehicle sales (rising from 5% in 2022 to 34% by 2027) ensure that it places high on the leaderboard. US cell production capacity surpassed Japan in 2014 and South Korea in 2016.

Supplies 195