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Stranded assets: Chinese fossil car production plunges amid surging EV demand

The Driven EV News

"Zombie" ICE vehicle factories are sitting idle in China thanks to plummeting demand. Is this the canary in the coal mine for the global ICE vehicle death spiral? The post Stranded assets: Chinese fossil car production plunges amid surging EV demand appeared first on The Driven.

Chinese 125
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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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Major deposits of rare earth elements reported at Ramaco’s Brook Mine in Wyoming

Green Car Congress

In association with researchers from the Department of Energy’s National Energy Technology Laboratory (NETL) and analysts at mining consultancy Weir International, metallurgical coal producer Ramaco Resources released an independent Exploration Target report with technical assessment of rare earth elements (REE) found at its Brook Mine in Wyoming.

Wyoming 467
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Benchmark: battery supply chain hit by Chinese energy cuts

Green Car Congress

China’s trade war with Australia, which has coincided with industrial expansions this year, has led to a coal shortage, which fuels much of China’s electricity supply. In the long-term, China seeks to guarantee resource security by addressing the structural issues behind the current electricity supply shortage.

Supplies 186
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Aramco, Shandong Energy to collaborate on downstream projects in China; cooperation across H2, renewables and carbon capture technologies

Green Car Congress

The Saudi Arabian Oil Company (Aramco), one of the world’s leading integrated energy and chemicals companies, and Shandong Energy Group, are exploring collaboration on integrated refining and petrochemical opportunities in China. Shandong Energy Group is the third-largest coal mining group in China in terms of production volume.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52
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$1.1B Huineng SNG plant goes on-stream transforming coal into natural gas in China

Green Car Congress

Haldor Topsoe A/S announced that Huineng, a large-scale SNG (Substitute Natural Gas) plant, went successfully on-stream near the city of Ordos, located in Inner Mongolia in the northern part of China. The Huineng SNG plant is owned and operated by the private Chinese company Huineng Coal Electricity Group and represents an investment of US$1.1

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