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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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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

Global 52
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Tesla Bear believes TSLA India market might be even bigger than China: report

Teslarati

You know, I’ve been talking about this, I guess for about a year now, but [Tesla has] actually been building out stores in India and building out supply chain in India. Since it entered the Chinese car market, Tesla’s fundamentals have improved over time.

India 145
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Saudis Expand Price War Downstream

Green Car Congress

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? However, one cannot easily neglect the Indian and Chinese refiners.

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Celanese sees new TCX ethanol process as key component in future growth; a paradigm shift in ethanol production

Green Car Congress

As it announced during its investor conference earlier this week, Celanese Corporation, a global technology and specialty materials company, has increased its 2013 earnings growth objectives to adjusted earnings per share of at least $6.00, or operating EBITDA of at least $1.7 Source: Celanese. Click to enlarge. Earlier post.). million tons.

Future 210
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. Electric car sales in 2023 were 3.5 Around 2% of all cars sold were electric.

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The Coming Boom in Rare Earths

Cars That Think

As much as 90 percent of processed rare-earth elements come from China, a supply-chain dependence that spooks Western executives and, especially, defense officials. As much as 90 percent of processed rare-earth elements come from China, a supply-chain dependence that spooks Western executives and, especially, defense officials.

Australia 123