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Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030

Green Car Congress

The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. Stellantis aims for 100% of its Chinese vehicles to be electric by 2030. Globally, Benchmark’s Lithium ion Battery Database forecasts that 43.7%

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

Green Car Congress

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 2023.

Global 448
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impact of chinese semiconductor manufacturers over business

Baua Electric

Chinese semiconductor manufacturers have a significant impact on various aspects of the global business landscape. Competitive Landscape: Chinese semiconductor manufacturers contribute to the competitive landscape by providing alternatives to established players in the industry.

Chinese 52
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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 More than 45 billion yuan (US$6.5

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New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications.

Global 170
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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins. —Gabriel Collins.

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Stellantis-Leapmotor eSUV details revealed in sales license for China

Teslarati

Stellantis-Leapmotor C16 SUV details were leaked after the companies filed for a sales license with China’s Ministry of Industry and Information Technology (MIIT). The upcoming SUV is expected to enter the global market after launching in China. The joint venture is called Leapmotor International. The legacy automaker invest €1.5

China 113