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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 2022 and by an additional 1.6

Global 448
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India stays No. 3 spot in global car sales but Japan fast closing the gap | Autocar Professional

Baua Electric

3 position, Japan made a resounding comeback in 2023, registering growth of 14% growth in 2023 as against India’s 8 percent. Japan ended the year a shade below 4 million units, whereas India sold 4.11 From the sizeable difference of 344,058 PVs in CY2022, Japan has reduced the gap with India sales to 115,929 units in CY2023.

India 52
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AQLI: new data reveals little progress globally in reducing air pollution over the last two decades

Green Car Congress

Particulate air pollution continues to cut global life expectancy by nearly two years as progress in some countries counterbalances worsening air quality in others, according to the Air Quality Life Index (AQLI). Without strong and sustained public policy, it will be after COVID-19. The country has reduced particulate pollution by nearly 40%.

Pollution 243
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen 221
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Gotion reaches deal with Edison Power to tap Japan's energy storage market

CN EV Post

Image credit: Gotion High-tech) Chinese battery giant Gotion High-tech and Japan's Edison Power Co Ltd have reached a strategic cooperation agreement to jointly tap the energy storage market in Japan. Gotion's energy storage battery business generated RMB 1.28 billion in revenue in the first half of last year, contributing 14.8

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New program in Japan to push development of solid-state batteries

Green Car Congress

To support the program, Japan’s Ministry of Economy, Trade and Industry will provide ¥1.6 billion ($14 million) in funding to Libtec, a research body whose members include Asahi Kasei and Toray Industries. Chinese companies expanded their combined global share to 26% in 2016 from just 3% in 2013.

Japan 207
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Hyundai Motor Group building new fuel cell system plant in China; first outside of Korea

Green Car Congress

The investment advances the Group’s global hydrogen leadership and supports its push into China’s rapidly developing hydrogen industry. In October 2020, the China Society of Automotive Engineers released a technology roadmap, under the guidance of the Ministry of Industry and Information Technology.

Hyundai 277