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GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

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The global battery energy storage market will to grow to $13.13 Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. APAC will continue to be the largest market, reaching $6.05 billion by 2023, according to a new forecast by GlobalData.

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Future Fuel Strategies: 40+ countries developing light-duty vehicle fuel economy standards

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Fuels market analyst Tammy Klein notes that more than 40 countries are developing light-duty vehicle fuel economy standards. Global LDV Fuel Efficiency Improvement. All are among the top 15 vehicle markets worldwide: nearly 80% of new LDVs sold globally are currently subject to some kind of GHG emission or fuel economy standards.

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Plug In America joins global alliance

Plug in America

Last week, 37 electric vehicle (EV) driver associations from 26 countries, including Plug In America, joined forces to create the Global EV Drivers’ Alliance, building a worldwide EV community. While the United States has been a leader in electric mobility in many ways, we also lag behind several countries in EV market share.

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Nissan, Frost & Sullivan study finds 37% of Southeast Asian consumers open to buying EV

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Customers in the Philippines, Thailand and Indonesia emerged as the most enthusiastic about electric cars. Along with the release of the study, Nissan announced that the new LEAF will go on sale in seven markets in Asia and Oceania during the next fiscal year: Australia, Hong Kong, Malaysia, New Zealand, Singapore, South Korea and Thailand.

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MAN propane-fueled ME-LGIP to power Chinese VLGC

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The new ME-LGIP (-Liquid Gas Injection Propane) engine, revealed in September 2018, builds on the success the company has had with its ME-GI and ME-LGI dual-fuel engines, which have won more than 250 orders since their introduction to the market. LGIP engine. HFO-burning engines to 6G60ME-C9.5-LGIP LGIP LPG-propelled dual-fuel engines.

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Infineon introduces first Trusted Platform Module specifically for automotive cybersecurity

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Infineon Technologies AG is the first semiconductor manufacturer to put a Trusted Platform Module (TPM) specifically for automotive applications on the market. Mobility of the future requires the exchange of huge volumes of data. The new OPTIGA TPM 2.0 A number of car manufacturers have already designed in Infineon’s OPTIGA TPM.

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8 development banks commit to provide more than $175B to scale up support for sustainable transport

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Developing countries have the opportunity to leapfrog to a greener future of less motorization, shorter commutes, and more energy efficient transport systems. Global CO 2 emissions from the transport sector are projected to increase nearly 50% by 2030 unless significant changes are adopted. —ADB President Haruhiko Kuroda.