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Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.

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IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

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Global automotive semiconductor revenue for 2020 will exceed initial expectations, primarily due to an increase in the average semiconductor value per car sold this year, according to a new forecast by IHS Markit. In some parts of Europe, for example, the government is only providing incentives for electrified vehicles.

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Volvo to Introduce Proprietary Medium-Duty Engine in 2010

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Volvo will use EGR, SCR and DPF technology in its global heavy duty engine platform. By having a global technology platform in place, the Volvo Group will be able to generate economies of scale in research and development as well as purchasing and production. Click to enlarge. Leif Johansson.

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Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

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Noting the importance of a hydrogen infrastructure with sufficient density, the automakers—Daimler, Ford, GM/Opel, Honda, Hyundai, Kia, Renault Nissan Alliance, and Toyota—in that LoU strongly supported building up a hydrogen infrastructure in Europe, with Germany as regional starting point, among other global starting points.

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Nissan reports significant net loss

Green Cars News

In Europe sales amassed 530,000 units - down 16.7%; while in Japan, sales dropped to 612,000 units, down 15.1%. The struggles came despite the fact that Nissan sold eight all-new models globally: Teana, Infiniti FX, Maxima, Qashqai+2, NP200, KIX mini SUV, Cube and Z. . The global sales forecast for fiscal 2009 is 3.08

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Volvo unveils medium heavy engine

Green Cars News

Johansson outlined that after substantial growth in recent years thanks to both organic growth and through acquisitions, the company is now ready to become globally competitive. He also noted a slight upturn in certain countries including China, Japan and India, thanks to Government stimulus packages.

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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

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In 2008, Valero Energy CEO Bill Kless had said that using corn to produce ethanol will make food so expensive in poor countries that it will cause more misery than global warming. It is believed Valero purchased the plants at 30% of their original construction cost. (In Earlier post.). Financing challenges. Going smoothly until the meltdown.