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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. The industry is being impacted largely by the uncertainty for the future, and this issue started to arise even before the pandemic took hold. million units.

Europe 261
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Ampal Signs Option Exercise Agreement to Acquire 25% in Ethanol Project in Colombia

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pursuant to which it has exercised an existing option to convert Ampal’s existing $22.249 million loan ($20 million plus accrued interest) into a 25% equity interest in a sugarcane ethanol production project in Colombia being developed by Merhav. Colombia requires 10% ethanol blending in gasoline distributed in Colombia.

Colombia 186
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Shell and Sumitomo Corporation invest in LO3 Energy to develop blockchain-based community energy platform

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In 2017, Shell and fellow energy majors BP and Statoil, along with trading houses Gunvor, Koch Supply & Trading, and Mercuria; and banks ABN Amro, ING and Societe Generale, announced a collaboration to develop a blockchain-based digital platform for the energy commodity trading industry. Earlier post.).