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Renault and Nissan investing $600M in new models for India, including two EVs

Green Car Congress

Renault and Nissan announced a new long-term vision for India, increasing production and R&D activities, introducing electric vehicles, and transitioning to carbon-neutral manufacturing. At the same time, the RNAIPL factory will become carbon-neutral with a significant increase in renewable energy generation.

India 332
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% The decline in 2020 of -5.2%

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Global Carbon Project: Global carbon emissions growth slows, but hits record high

Green Car Congress

Driven by rising natural gas and oil consumption, levels of CO 2 are expected to hit 37 billion metric tons this year, according to new estimates from the Global Carbon Project (GCP), an initiative led by Stanford University scientist Rob Jackson. and China account for more than half of all carbon dioxide emissions globally.

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Hyundai & Kia to locally produce batteries in India

Teslarati

Hyundai Motor Company and the Kia Corporation plan to produce electric vehicle (EV) batteries in India. to collaborate strategically in India’s EV market. The company has EV expansion plans for India, starting with the leading Indian battery company, Exide Energy. Hyundai Motor is Kia’s parent company.

India 121
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Suzuki Motor eyes record year, India to drive global sales | Autocar Professional

Baua Electric

Suzuki Motor Corporation expects record sales for the 4th consecutive year and 3rd consecutive year of operating profits in the current financial year, led by a strong outperformance in India. Suzuki achieved an accumulated automobile production of 30 million units in India last financial year. million units, guided by Suzuki Motor.

Suzuki 52
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Indian Oil signs MOU with LanzaJet on sustainable aviation fuel production in India

Green Car Congress

Indian Oil Corporation, India’s leading energy major, has entered into a memorandum of understanding (MOU) with LanzaJet to explore the development of sustainable aviation fuel (SAF) production in India. As a rapidly developing country, India’s energy transition will play a pivotal role in global energy markets.

India 170
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bp ventures makes 1st direct investment in India; $13M in EV ride-hailing & charging company BluSmart

Green Car Congress

bp ventures has made its first direct investment in India, investing $13 million in integrated EV ride-hailing and charging company BluSmart. bp ventures led a $25 million Series A round that also saw support from Mayfield India Fund, 9Unicorns and Survam Partners, alongside other existing investors.

India 221