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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. With the current sales figures and the seductive future expectations, Southeast Asia has successfully attracted the attention of Chinese car companies.

Asia 97
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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.

Emissions 170
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Study: countries seeking to cut CO2 emissions must get a handle on city-level emissions

Green Car Congress

Countries seeking to meet Paris Agreement targets on CO 2 emissions must get a grip on the amount of pollution produced at city level, according to a new open-access study published in S cience Advances by an international team of researchers from Europe and China. Total CO 2 emissions of 182 Chinese cities. Shan et al.

Emissions 210
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BYD to kick off EV production at new Thailand plant in Q3 as overseas expansion accelerates

Baua Electric

BYD brands at the Bangkok International Auto Show (Source: BYD) New EVs, including the Song Max, Sealion ( Sea Lion 07 in China), Song Plus (Seal U), Yangwang U9 supercar, and the Fang Cheng Boa 5, made their debut in Thailand. According to recent reports , BYD is pushing back plans for an additional factory in Vietnam amidst the expansion.

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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. This shift will have major ramifications for both the auto industry and the energy sector.

Global 52
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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

Celanese is one of the world’s largest producers of acetyl products (intermediate chemicals, such as acetic acid, for nearly all major industries); acetyl intermediates account for about 45% of Celanese’s total sales. a Chinese synthesis gas supplier, for the production of certain feedstocks used in the TCX process.

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

Baua Electric

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. The year 2023 was the first in which China’s New Energy Vehicle (NEV) 3 industry ran without support from national subsidies for EV purchases, which have facilitated expansion of the market for more than a decade.