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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. According to the analysis, the current anti-trust campaign environment could alter the relationships among consumers, dealer and OEMs. —Nigel Griffiths, chief automotive economist, IHS Automotive.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. There were seven billion-dollar-plus financings of offshore wind projects, boosting the investment totals for the Netherlands, the UK and Germany. billion set in 2011. billion), India ($7.4

2014 150
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China’s new energy buses are re-exported to Europe

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Per Thorsell, CEO of Bergkvarabuss, said: “As one of the largest bus companies in Sweden, it is vital that we participate and lead the entire transport industry, and the development of electrified public transport is one of the key steps in tackling climate change and achieving green development.

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UN report highlights urgent need to tackle impact of EV battery production boom

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The shift to electric mobility is in line with ongoing efforts to reduce the world’s dependence on fossil fuels, and reduce harmful greenhouse gas emissions responsible for climate change. It has also contributed to environment degradation, landscape damage and soil contamination, groundwater depletion and pollution.

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