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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

Green Car Congress

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d by 2023 to 104.7

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BYD surges past Honda and Nissan’s sales for the first time, targets Ford with low-cost EVs

Baua Electric

With low-cost EVs hitting key global markets, BYD is quickly catching up to Ford. The growth was enough to overtake Japan’s Honda and Nissan for the first time to become the seventh-largest automaker globally. BYD’s growing global presence is symbolic of the auto industry’s shift to electric. Can it overtake Ford?

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Global study shows uneven urbanization among large cities in the last two decades

Green Car Congress

According to the latest report from the United Nations (UN), the global population in 2018 was 7.6 By 2050, the global population is expected to soar to 9.7 Pearl River Delta (PRD) and Beijing in China, São Paulo in Brazil). 21 cities (2.5%) from low-income countries (e.g. billion and the urban population was 4.2

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Ford to reopen Chennai plant for EV exports to spearhead its global comeback

Baua Electric

However, This time, Ford will focus on EVs as it faces a global comeback. Ford India plant will reopen to export global EVs Ford submitted a Letter of Intent (LOI) to the government of Tamil Nadu earlier this month, outlining plans to restart its Chennai plant for export. Hart explained that the plant will “serve new global markets.”

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Proterro and Bunge to conduct pilot study in Brazil of Proterro’s sucrose-production technology for ethanol production

Green Car Congress

Biofeedstock company Proterro, the developer of a biosynthetic process to manufacture fermentable sugar ( earlier post ), and Bunge Global Innovation, LLC, a wholly-owned subsidiary of global agribusiness and food company Bunge Limited, will conduct a pilot study of Proterro’s sucrose-production technology in Brazil.

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Raízen breaks ground on Iogen cellulosic ethanol facility in Brazil

Green Car Congress

After concluding that Iogen had the most advanced technology for building co-located commercial plants at Raízen’s sugar cane ethanol facilities, Raízen committed, in July 2012, an initial investment to a project in Brazil with Iogen through their jointly owned Iogen Energy affiliate. Brazil Cellulosic ethanol'

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Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines

Green Car Congress

Volkswagen, Stellantis and Glencore are supporting the purchase of the Atlantic Nickel nickel sulfide and the Mineraçao Vale Verde copper mine in Brazil by ACG , a London-listed special purpose acquisition company (SPAC), for US$ 1 billion. They have a combined 2022 Adjusted EBITDA of $260 million. lb nickel for open pit; c.

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