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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
Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. The plan is to use the steel in series production of cars at the BMW Group’s European plants from 2026 onwards.
and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% As manufacturers set to ramp product back up to produce everything from automobiles, airplanes and construction tools, they will begin to return to normal production cycles.
Volkswagen is expanding its globalproduction network for electric vehicles by now starting to make the all-electric ID.4 4) and Hanover will also commence production this year. million all-electric vehicles a year based on the MEB in the future at its sites in Europe, the US and China. 4 in Emden. Chattanooga (ID.4)
The United States is the third-largest electric vehicle (EV) producer behind China and Europe; a new study from the International Council on Clean Transportation (ICCT) finds that the gap has widened. Cumulative electric vehicle sales and production from 2010 through 2020, in major regions (based on EV-Volumes, 2021). Source: The ICCT.
Ford announced that Mustang Mach-E, its first global pioneering SUV built on an all-new, all-electric platform, will be manufactured in China by Changan Ford for local customers. Mustang Mach-E will become available in China later this year. Ford is investing more than $11.5 billion in electric vehicle development through 2022.
A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.
Hyundai will begin production of 2021 XCIENT Fuel Cell in August this year. With the launch of the enhanced model, Hyundai plans to accelerate the global roll-out of its heavy-duty fuel cell truck. China is another nation that has strong interest in heavy-duty trucks powered by hydrogen.
Honda last week held a virtual press conference on its electrification strategy in China. During the conference, the company announced its new environmental and safety initiatives and also held the world premiere of two planned production models and three concept models of Honda-brand electric vehicles. e:N series.
Volkswagen Group China has begun construction of an all-new MEB plant at Volkswagen Anhui. The third of the Group’s pure-electric vehicle manufacturing facilities in China, following completion of the Anting (SAIC VW) and Foshan (FAW-VW) plants, the Volkswagen Anhui plant will be powered by green energy from day one.
CATL will be the supplier of lithium-ion battery packs for the Mercedes-Benz eActros LongHaul battery-electric truck, which is planned to be ready for series production in 2024. Series production of the eActros will start in the second half of this year. The supply will go beyond 2030.
Octillion Energy, a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems, has achieved the milestone of shipping more than 1,500 battery packs a day and expects to hit 2,000 packs per day this month. Octillion Power Systems’ factory in Hefei, China.
Beijing Foton Daimler Automotive (BFDA), the joint venture of Daimler Truck Holding AG and Foton Motor, celebrated the first locally produced Mercedes-Benz trucks with an inauguration ceremony at its new state-of-the-art production site in Huairou, Beijing. Since the launch of the first generation of Actros in 1996, more than 1.5
A study by researchers in Australia and China has determined that global food-miles account for nearly 20% of total food-systems emissions; moving fruit and vegetables in refrigerated vehicles is particularly emissions-intensive. Food trade plays a key role in achieving global food security. GtCO 2 e (3.5–7.5 —Li et al.
Eighteen months after start of construction of its intelligent satellite production and testing center in Taizhou, China, Geely Technology Group has begun mass production of commercial satellites. At full capacity, the plant will have an annual production capacity of 500 units.
The Wall Street Journal reported that China will create one of the world’s largest rare-earths companies with the aim of maintaining its dominance in the global supply chain of the strategic metals as tensions deepen with the US. of China Ltd. I.e., even rare earths mined overseas are sent to China for final processing.
Nuvera fuel cell engines are manufactured on the company’s series-production lines at its US headquarters. Nuvera applications development teams provide exceptional local and remote vehicle integration support to customers in the US, Europe, and China. Nuvera’s E-45 and E-60 fuel cell engines both provide freeze start capability.
signed a strategic memorandum of understanding (MOU) with Automobile & PCB establishing strategic investment and cooperation between NEO and A&P to advance the Korean mass production facility of NEO’s silicon anode materials for electric vehicle (EV) lithium-ion batteries. NEO Battery Materials Ltd. NEO Battery Materials Ltd.
Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., FCRD's primary business will be the development of fuel cell systems for commercial vehicles to contribute to the realization of a clean mobility society in China.
Africa could overtake China as the world’s largest producer of natural graphite for lithium ion batteries as soon as 2026, according to Benchmark Mineral Intelligence, in a sign of the continent’s growing importance to the electric vehicle supply chain. China also dominates global lithium refining and processing.
Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. For example, over the last few years Ipsos has found the highest level of knowledge about BEVs in China. Source: Ipsos. —John Kiser.
The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. This surge occurred mostly in China, driven by steel manufacturing.
Shell has started operations at the power-to-hydrogen electrolyzer in Zhangjiakou, a joint venture between Shell (China) Limited and Zhangjiakou City Transport Construction Investment Holding Group Co. We see opportunities across the hydrogen supply chain in China, including its production, storage and shipping.
Their paper tracks fossil fuel usage and government subsidies since the the 2009 G20 summit, during which representatives from 20 countries discussed global financial and socioeconomic issues and agreed to “phase out and rationalize over the medium term inefficient fossil fuel subsidies.”. Costs ranged from a low of 0.3%
Based on the number of requests for face masks for frontline workers, GM is increasing its production capacity for face masks at its Warren, Michigan facility. —Shilpan Amin, GM vice president of Global Purchasing and Supply Chain. Our ultimate goal is to get more masks to the people who desperately need them.
China dominates the global Li-ion battery supply chain to the extent that removing the country in favor of European or North American alternatives will be difficult, according to analysis by Benchmark Minerals Intelligence. Lithium is typically shipped to China for conversion to lithium carbonate or lithium hydroxide.
In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). degrees of global warming.
Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai believes China has a massive potential for hydrogen powered commercial vehicles. The government also is building infrastructure for supplying low-cost, high efficiency by-product hydrogen.
Utilization of renewable solar energy is crucial for addressing the global energy and environmental concerns and achieving sustainable development. Efficiency accreditation and testing protocols for particulate photocatalysts toward solar fuel production. This work was supported by the National Natural Science Foundation of China.
Octillion Power Systems, a global provider of advanced lithium-ion batteries, has moved to a new US headquarters in Richmond, California. Octillion is a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems. Earlier post.) kWh system using prismatic NMC cells.
BYD announced the official launch of its Han EV series, the brand’s long-awaited flagship offering for the global mid-to-large luxury sedan market, including three pure electric models and one hybrid model. The Han EV will be sold in China at first. The Han has taken ten years from the concept stage to formal mass production.
More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.
The US Energy Information Administration (EIA) forecasts that liquid fuels production in Brazil, Canada, and China will increase this year and next, contributing to growth in overall non-OPEC petroleum production. EIA expects Brazil’s production to increase from 3.7 EIA expects Brazil’s production to increase from 3.7
The partnership will further allow both parties to benefit from a global manufacturing presence and service networks to support customers in local markets. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.
billion) over the next five years to create a domestic hydrogen ecosystem—production, distribution, and consumption—through creation of domestic hydrogen infrastructure and also through partnerships with global companies. billion) by 2025 in a hydrogen production plant. In the second phase, SK will invest 5.3
China Petroleum & Chemical Corporation (Sinopec) officially launched China’s first methanol-to-hydrogen and hydrogen refueling service station in Dalian, China. China produces the most methanol in the world, accounting for 60% of the global total. As part of Sinopec’s commitment to becoming China’s No.1
and China Petrochemical Corporation (Sinopec Group) have formed a 50:50 joint venture: Cummins Enze (Guangdong) Hydrogen Technology Co., Cummins Enze, located in Foshan, Guangdong Province in China, will initially invest $47 million (RMB 300 million) to locate a manufacturing plant to produce proton exchange membrane (PEM) electrolyzers.
Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets. One of the top 5 global wind turbine OEMs. Today, these magnets rely on rare earth elements. 2019.165962.
Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. —Hau Thai-Tang, Ford’s chief product platform and operations officer.
Prior to Fudi’s formation in 2020, BYD reserved its in-house EV cell production exclusively for use in its own vehicles. In combination with BYD’s existing global EV and eBus manufacturer status, this meets Benchmark’s requirements to promote the company to Tier One status. Supplier to domestic Chinese EV market.
AERO concept electric sedan in China as a foretaste of the brand’s first global fully-electric sedan. The production version for China is expected to go on sale in the second half of 2023. Volkswagen is also planning to start production of a European series version in Emden in 2023. Volkswagen revealed the ID.
Volvo Cars reported global sales of 60,398 cars in May, up 31% compared with the same month last year. Figures from May 2022 were negatively affected by lower production due to last year’s supply chain constraints. In China sales reached 14,121 cars, an increase of 49% compared to the same month last year.
Tesla’s push for the new Model Y’s global dominance has officially started. As per recent reports, the production of Tesla’s new Model Y is starting across the company’s factories. Production of the new Model Y has officially started at Gigafactory Shanghai.
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