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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

Green Car Congress

Sanctioning Russian nickel will slow the adoption of electric vehicles (EVs) and hinder the decarbonization of Western economies, according to GlobalData. The extra costs will be felt somewhere, either hitting the profits of automakers, or being passed on to customers.

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TomTom: Global traffic congestion up; Bengaluru world’s most traffic-congested city

Green Car Congress

This global increase in congestion, despite being an indicator of a strong economy, is understood to cost economies billions. Globally, there’s a long road to travel until congestion levels are brought under control.

Global 291
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles. Although the market is small, the growth rate is relatively strong. Although the market is small, the growth rate is relatively strong. What is the mystery behind it?.

Asia 97
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Toyota develops “Total-care Service” for ride-hailing companies; rollout with Grab in Singapore

Green Car Congress

Through this Total-care Service, ride-hailing companies can provide their driver-partners with more cost-efficient and timely maintenance services. TMAP)—the sales & marketing regional headquarters of Toyota Motor Corporation (TMC) in Asia—offering the Total-care Service for 1,500 Toyota vehicles owned by Grab Holdings, Inc.

Singapore 223
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Biden invokes Defense Production Act to push domestic material sourcing for sustainable energy

Teslarati

” As electric vehicles continue to gain market share within the United States, materials used for EV batteries, such as lithium, nickel, cobalt, graphite, and manganese, are sourced more frequently from foreign countries rather than from domestic companies. Nickel, for example, is mined mostly in Indonesia, the Philippines, and Russia.

Energy 99
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ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

Green Car Congress

The mean cost of cost of climate change for the four countries—Indonesia, Philippines, Thailand, and Viet Nam—under a “business-as-usual” scenario and if market and non-market impacts and catastrophic risks are all considered could be equivalent to losing 6.7%

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

Baua Electric

These trends indicate that growth remains robust as electric car markets mature. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. However, sales remain limited elsewhere, even in countries with developed car markets such as Japan and India.