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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

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GKN, SDS begin production of all-wheel drive disconnect system in China; up to 4% improvement in fuel economy

Green Car Congress

GKN Driveline’s Chinese Joint Venture partner SDS has commenced production of its complete all-wheel drive (AWD) Disconnect system for small- to medium-sized vehicles in China. The system will initially feature on the Jeep Renegade built for the Chinese market by GAC Fiat Chrysler Automobiles Co.,

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IHS Markit: US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer

Green Car Congress

The United States was the largest source of LNG supply growth in 2021, adding 25 million metric tons (MMt) amid continued buildup of liquefaction capacity as well as the ramping up of output from plants turned down the previous year. Meanwhile, mainland China has already become the top global importer of LNG. MMt set in 2014.

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Report: Ford CEO Says China Strategy Changing

The Truth About Cars

The new strategy will be focused on exporting to other countries, commercial product, and reinforcing the necessary supply chain for all-electric vehicles. Ford has introduced new models specifically designed to cater to Chinese customers. So far, direct sales haven’t been a part of that.

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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia.

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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

To boost the global production capacity of green methanol, A.P. European Energy is a global renewable energy company and project developer (wind, solar and Power to X). It develops, builds, and operates renewable electricity projects globally with a pipeline consisting of 20 GW renewable energy capacity. Orsted (Denmark).

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

Green Car Congress

There is now a significant wave of interest in battery raw material supply security, mainly from Asia, to underpin the growth of Li-ion battery production over the next decade. million aimed at sourcing long-term supplies of battery-grade cobalt from the Thackaringa cobalt project in New South Wales, Australia.

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