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Volkswagen picks up pace of transformation with new ACCELERATE strategy

Green Car Congress

To be able to finance the sizable future investments, the company will systematically work on increasing its efficiency with ACCELERATE. In South America and the United States, Volkswagen is striving to break even in the current fiscal year. Increasing profitability. Faster expansion of e-mobility. The all-wheel-drive ID.4

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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

Chinese capacity is scheduled to increase significantly this year because of the start of at least two new refinery projects and a major refinery expansion. Many of these new refineries are located in coastal areas and have easy access to export refined products that are not consumed domestically. million b/d in 2022 and by 2.1

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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

Green Car Congress

Green Technology Bank (GTB) was established in 2016 by the Chinese government with the priority task to fulfill the 2030 Agenda for Sustainable Development. WasteFuel is developing a bio-methanol project in South America that will produce over 30,000 tons per year starting in 2024. Green Technology Bank (China).

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Roskill: record cobalt deals in Q1 2018 show raw material procurement for Li-ion batteries revving up

Green Car Congress

With an increasing amount of Li-ion battery raw material refining and processing centred in China, and it being front-and-center of Li-ion demand growth, Chinese Li-ion value chain participants have turned to Australia, Africa and South America to secure the feedstock necessary for their downstream requirements.

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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

The delivery figures also include the vehicles sold by the Chinese joint ventures. The business of the Chinese joint ventures is not included in the Group’s sales revenue and operating profit, however. The share of operating profit attributable to the Chinese joint ventures in 2015 remained at approximately €5.2 Hong Kong), 3.4%

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BYD has no plans to enter the US Market amid “complications’ [Feature]

Teslarati

BYD Executive Vice President and CEO of BYD Americas sat down with Yahoo Finance , and talked about the Chinese automaker’s lack of presence in the US Market and the global electric vehicle (EV) market. Economist says cheap Chinese EVs should be kept out of U.S. However, it is not crossing off all of the Americas.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. The E6 will hit the Chinese market later this year.

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