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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6

Global 448
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USA Pulls Mexico Into Its Anti-Chinese EVs Policies

CleanTechnica EVs

It has accounted for more than half of global electric car sales, and aside from Tesla, the biggest electric car producers in the world are Chinese. continued] The post USA Pulls Mexico Into Its Anti-Chinese EVs Policies appeared first on CleanTechnica. Despite being late.

Mexico 131
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Biden administration considers penalties for Chinese EV companies in Mexico

Teslarati

The Biden Administration is considering penalties for Chinese electric vehicle (EV) automakers who are moving production to Mexico. On May 14, 2024, the Biden Administration released new tariffs on Chinese EV imports and other sectors to protect American workers and businesses in the United States. According to U.S.

Mexico 91
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Ford CEO says new mid-size electric pickup will match the cost of Chinese EVs like BYD

Electrek

With new low-cost Chinese flooding global markets, Ford CEO Jim Farley vows its new mid-size electric pickup is a “game changer.” Ford’s leader took a jab at BYD, vowing the company’s new electric pickup will match the costs of Chinese automakers building in Mexico.

Chinese 137
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BMW investing €400M in new vehicle assembly at Munich plant as part of shift to electromobility; engine production being concentrated at Steyr and Hams Hall

Green Car Congress

The BMW Group is speeding up the shift towards electromobility and strengthening its global network for production of electrified vehicles. It will ramp up for the first time at our future plant in Debrecen, Hungary, before being rolled out across our global production network in stages. —Milan Nedeljkovi?.

BMW 396
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New GM Subsidiaries Will Include Delphi Components Operations and Global Steering Business

Green Car Congress

Four US-based Delphi components operations and Delphi’s global steering business will become part of two new, wholly-owned GM subsidiaries effective upon closing of the transaction. The acquisition will help GM to maintain continued uninterrupted supply to its global GM car and truck operations. Fiat Automobiles SpA, Hyundai Motor Co.

GM 150
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. million units in March 2020, down by 39% from March 2019. million units.

Europe 261