article thumbnail

Nornickel presents market review of nickel and platinum group metals

Green Car Congress

This is primarily due to a significant surplus in the Class 2 market that occurred in 2022 and is expected to remain throughout 2023-2024, mainly owing to growing production of low-grade nickel in Indonesia. At the same time, robust demand for nickel in alloys and special steel sectors supports prices of the exchange-traded Class 1 nickel.

Market 304
article thumbnail

Citroen becomes first multinational car manufacturer to export Made-in-India EVs | Autocar Professional

Baua Electric

The inaugural shipment of 500 units of the Made-in-India Citroen e-C3 to Indonesia was ceremonially flagged off today from Kamarajar Port, marking a significant moment in India’s journey towards sustainable mobility and global competitiveness.

Citroen 52
article thumbnail

Researchers show oil palm plantation expansion a significant source of CO2; projected to contribute more than all of Canada’s current fossil fuel emissions by 2020

Green Car Congress

The study, published as an open access paper in the journal Nature Climate Change , shows that deforestation for the development of oil palm plantations in Indonesian Borneo is becoming a globally significant source of carbon dioxide emissions. Indonesia is the leading producer of palm and palm kernel oil. Curran, Gregory P.

Oil 273
article thumbnail

WWF and Toyota form global partnership, join forces on Living Asian Forest Project; a focus on rubber

Green Car Congress

Toyota is the first car company and the first Japanese company to sign a Global Corporate Partnership agreement with WWF. The project will take place in WWF priority places Borneo (Kalimantan) and Sumatra in Indonesia. The agreement went into effect on 1 July 2016.

Toyota 150
article thumbnail

VinFast’s (VFS) global EV dealer network grows following new agreement in Middle East

Baua Electric

Since parent company VinGroup opened up its automotive arm in Vietnam, we’ve witnessed VinFast continue to expand to new markets, including Indonesia, the US, Canada, Europe, and most recently, India – all while unveiling more all-electric models like the VF 3 compact SUV and an electric pickup concept called the Wild.

Dealers 52
article thumbnail

UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

Green Car Congress

The world’s 100 largest emitting publicly traded companies, for example, account for around a quarter of global greenhouse emissions (including emissions from the use of their products by customers). The Kigali Amendment to the Montreal Protocol aims to phase out the use and production of hydrofluorocarbons.

article thumbnail

Neste-led project verified 50% methane emission reduction at palm oil mills using belt filter press

Green Car Congress

The project took place in palm oil mills in Indonesia and Malaysia, and was conducted in collaboration with a palm oil company KLK, a Dutch sustainable trade organization IDH, and an international certification system ISCC (International Sustainability and Carbon Certification). million tons annually.

Oil 244