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Daihatsu and Toyota form new cooperative business in Indonesia; new compact Daihatsu and Toyota models

Green Car Congress

Daihatsu Motor and Toyota Motor are forming a new cooperative business in Indonesia, under which the two companies are to respectively market a new Daihatsu-brand and Toyota-brand compact car there. Both the vehicles are planned for display at the Indonesia International Motor Show in September as models planned for sale in Indonesia.

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Stellantis and LG Energy Solution to invest > $5B CAD in JV for 45 GWh gigafactory in Canada

Green Car Congress

As part of its Dare Forward 2030 strategic plan, Stellantis announced plans to have global annual battery-electric vehicle sales of 5 million vehicles by 2030, reaching 100% of passenger car BEV sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in North America.

Canada 199
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BASF and Eramet to assess development of nickel-cobalt refining complex in Weda Bay to support EV battery production

Green Car Congress

The HPAL would be located in Weda Bay, Indonesia, while the location of the BMR will be determined during the feasibility study. BASF and global mining and metallurgy group Eramet will jointly assess the development of a state-of-the-art nickel and cobalt hydrometallurgical refining complex.

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Global geothermal industry passes 12,000 MW operational

Green Car Congress

The international geothermal power industry is poised to place between 500 and 1,000 MW on line per year for the rest of the decade, said GEA. In California, the Imperial Irrigation District announced plans to develop 1,700 MW of new geothermal as part of an initiative supporting restoration of the Salton Sea.

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India’s automotive aftermarket is likely to grow to USD 14 billion by 2028: ACMA-E&Y study  | Autocar Professional

Baua Electric

The study focuses on seven product categories namely engine parts, suspension and braking parts, transmission parts, braking parts, rubber components, cooling systems, and filters, while tires and consumables such as batteries, coolants, and lubricants were not covered.

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Michelin and Barito Pacific form JV to produce natural rubber in reforestation project; WWF cooperation agreement

Green Car Congress

Michelin and the Barito Pacific Group (BPG) have formed a joint-venture in Indonesia with Barito Pacific Group (BPG) for producing natural, eco-friendly rubber. To better address the CSR aspects of the project, Michelin and Barito Pacific Group have put in place a specific governance body of which WWF will be part.

Indonesia 150
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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. Nissan introducing new Datsun in Indonesia.

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