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RMI report maps out pathway for zero-carbon steel industry in China

Green Car Congress

A new report from RMI (Rocky Mountain Institute) finds that it is technically and economically feasible for China’s steel industry to decarbonize by 2050 through demand reduction, steel recycling and switching to green routes. This makes the steel industry the country’s second-largest carbon emitting sector behind power generation.

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China Merchants Heavy Industry orders methanol dual-fuel engines for new Pure Car and Truck Carrier segment

Green Car Congress

China Merchants Heavy Industry has ordered 2 × MAN B&W 7S60ME-LGIM (Liquid Gas Injection Methanol) engines in connection with the construction of 2 × 9,300 ceu (car equivalent units) Pure Car and Truck Carriers (PCTCs) for China Merchants Energy Shipping (CMES).

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Tesla China February 2024 sales see 18.87% YoY decline, mirroring industry trend

Teslarati

Data from the China Passenger Car Association (CPCA) has revealed that Tesla China’s sales of Giga Shanghai-made vehicles declined in February 2024. The decrease came amidst the Chinese New Year holiday, which appears to have impacted China’s general automotive sector last month. Domestic sales were 36.5k

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Volkswagen Group China unveils its first eVTOL passenger drone prototype: V.MO

Green Car Congress

Volkswagen Group China unveiled its first electric Vertical Take-Off and Landing (eVTOL) passenger drone prototype, as part of its strategy to explore and break new ground in fully electric and sustainable individual mobility concepts. Stephan Wöllenstein, CEO of Volkswagen Group China. In the first phase of its commercial use, V.MO

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Höegh Autoliners signs Letter of Intent with China Merchants Heavy Industry to build ammonia-ready Aurora class vessels

Green Car Congress

Höegh Autoliners entered into a Letter of Intent (LoI) with China Merchants Heavy Industry (Jiangsu) Co., China Merchant Industry has been expanding its shipbuilding business over the past two years and it is now the largest PCTC builder and the fourth largest shipbuilding group in China. —Andreas Enger.

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Polestar enters into strategic partnership with Industrial Bank in China

CN EV Post

The post Polestar enters into strategic partnership with Industrial Bank in China appeared first on CnEVPost. The two will cooperate globally in credit financing, retail lending, and international business. For more articles, please visit CnEVPost.

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Benchmark Mineral Intelligence: lithium industry needs $42B investment to meet 2030 demand

Green Car Congress

The lithium industry needs $42 billion of investment if it is to meet 2030 demand, according to analysis by Benchmark Mineral Intelligence. This works out at approximately $7 billion a year between now and 2028 if the industry is to meet lithium demand by the end of the decade. Lithium Carbonate, EXW China, ?99.0%