This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Ward's Auto is reporting that Hyundai and Renault are eyeing a return to the Russian market, assuming that Russia and Ukraine reach a peace deal following the former's invasion of the latter. Russians have been buying new cars from Russian automakers, Chinese car companies, and the gray market. But we are business people.
And the nuclear industry must quickly address the issues of cost overruns and project delays that have bedevilled the construction of new plants in advanced economies. As a result, advanced economies have lost market leadership, as 27 out of 31 reactors that started construction since 2017 are Russian or Chinese designs.
The supervisory board of the Russian Corporation of Nanotechnologies ( RusNano ) has approved the state corporation’s participation in a project with China-based Li-ion battery manufacturer Thunder Sky to manufacture Lithium-ion batteries, the first such project in Russia. Tags: Batteries China Russia. billion rubles (US$575 million).
READ MORE: Omoda and Jaecoo the latest new Chinese brands to take on BYD and GWM READ MORE: IM Motors locked in for Australian arrival as MG’s luxury arm READ MORE: Hating on Chinese EVs? It’s fabulous, but will anyone buy a $135,000 Chinese MPV? Bloody hell. The Zeekr 009 is on sale in Australia.
Liotech , a joint venture between RUSNANO and Chinese holding company Thunder Sky, has launched the world’s largest high-capacity lithium-ion battery factory near Novosibirsk. Implementation of public electric transport equipped with our lithium-ion batteries will significantly improve the environment in large cities in Russia.
In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts.
Global emissions of CO 2 have increased by 45% between 1990 and 2010, and reached an all-time high of 33 billion tonnes in 2010 despite emission reductions in industrialized countries during the same period. By comparison, Chinese per capita CO 2 emissions of 6.8 After a decline in global CO 2 emissions in 2009 of 1% (including a.
How Electrifying Transport and Chinese Investment are Playing Out in Indonesia —focuses on nickel as a critical mineral, but has implications for the broader minerals and materials supply chains needed for broad-scale energy transition. Global Nickel Trade and Chinese Dominance. The detailed report— Need Nickel?
Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.
The Russian Corporation of Nanotechnologies (RusNano) and Thunder Sky Group Limited (China) have signed an agreement establish the joint venture Lithium-ion Technology for the first Russia-based production of high-capacity lithium-ion batteries. Tags: Batteries China Russia. Earlier post.)
After Russia began its full-scale invasion of Ukraine in late February 2022, the impacts of reduced global refining capacity were exacerbated. Chinese capacity is scheduled to increase significantly this year because of the start of at least two new refinery projects and a major refinery expansion.
Chinese demand for EVs soared throughout 2018, as the car-type gained more visibility among consumers, due in part to their promotion by local governments for their environmental impact. Last year could be considered as the beginning of a new era for the automotive industry. Passenger electric cars recorded 1.26 of total global sales).
Russian State Corporation Rostec, one of the largest Russian industrial conglomerates, and Chinese State Corporation Shenhua, the world’s leading producer and distributor of coal, have signed a Memorandum of Understanding. Rostec develops cooperation with the Chinese partners in a number of areas.
With the shipbuilding industry increasingly concentrated in Asia, the local manufacture of Wärtsilä’s marine engines is a key element in the company’s growth strategy. GMD is based in the Panyu District, close to the major Chinese city of Guangzhou and the special administrative region of Hong Kong.
In their study, they used three different alternative powertrain/fuel models: less aggressive, moderately aggressive and very aggressive, applied across four developed economies (United States, Western Europe, Japan, and South Korea) and four developing economies (Brazil, Russia, India, and China). Turnover of the Chinese fleet.
Axion International, a leading producer of industrial building products and railroad ties made from 100% recycled plastic ( earlier post ), has signed a non-binding Letter of Intent (LOI) with Sicut Holding Limited (previously Micron Inc.
OECD demand, dragged down by weak industrial activity and warm weather, contracted by 390 kb/d y-o-y in 1Q23, its second consecutive quarter of decline. mb/d from 1Q23 to 2Q23, as runs in the US normalize and with Chinese activity materially higher than a weak 2Q22 baseline. million barrels per day. Annual gains will double to 2.1
OECD industry stocks also rose, by 42.5 At 2,669 mb, OECD industry stocks were nevertheless 290.3 Global oil supply may struggle to keep pace with demand next year, as tighter sanctions force Russia to shut in more wells and a number of producers bump up against capacity constraints. mb below the 2017-2021 average. mb/d in 2023.
China also made large investments in Saudi Arabia’s oil refining industry as well. When it comes to Chinese energy industry, there are three major state owned companies. This is the part of the industry that transports oil and gas from producing wells to the refineries, so oil can be turned into liquid fuel.
China’s Ministry of Commerce discouraged Chinese automakers from investing overseas. In July, the Ministry of Commerce told Chinese automakers not to invest in India and “strongly advised” against investments in Russia and Turkey. The policy attracted big names in the global auto industry, including Tesla and Hyundai.
First, environmental plant closures in the raw material coal needle coke industry hampered the production of graphite electrodes. At the same time, consumption of graphite electrodes in electric arc furnaces (EAFs) began to rise as the Chinese government took steps to halt production of poor quality induction furnace steel. Mt in 2017.
The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. With regard to what would happen to government subsidies for the automotive industry in their respective countries, executive were mixed. Investments. US automaker gains in market share.
With the decision to produce the Lamborghini SUV in Sant’ Agata Bolognese we have proven once more our commitment to Italy as an important automotive industrial nation. Lamborghini intends to use the SUV to expand its owner base significantly, especially with an eye toward Chinese demand for high-end SUVs.
The FP7-Transport theme, which encompasses both air and surface transport, has as its stated objective the development of safer, “greener” and “smarter” pan-European transport systems that will benefit all citizens, respect the environment, and increase the competitiveness of European industries in the global market. FP7-AAT-2010-RTD-RUSSIA.
In both the United States and Russia, each of which produces roughly as much as Saudi Arabia, output increased in 2015 rather than decreasing, and will continue to increase in 2016 in the U.S. and EU sanctions on Russia, led to the undesirable result for OPEC (and other oil exporters) that Russian exports have increased, from 7.21
On 3 January 2019 , the Chinese spacecraft Chang'e-4 descended toward the moon. The landing also prefigured grander Chinese lunar ambitions. The International Lunar Research Station ( ILRS ) is a complex, multiphase megaproject that the China National Space Administration ( CNSA ) unveiled jointly with Russia in June in St.
Mercedes-Benz CEO Ola Kallenius has told the German media that the brand has no intention of cutting ties with China, saying such a move would be unwise for the whole of Germany industry.& Like many Western nations, Germany cut ties with Russia when war broke out in Ukraine. This purchasing power should benefit us." influence.&
Over the past five years, China and Russia have introduced them into their arsenals, prompting the United States and other nations to develop their own hypersonic weapons and enhanced air-defense systems to counter this threat. Russia is carefully guarding the secrets of its hypersonic program.
When Chinese authorities cracked down on cryptocurrency mining in May, earnings soared for miners in other countries. But in May Chinese regulators banned the practice over concerns about mining's excessive energy consumption and perceived threats to financial stability. In a matter of weeks, all that mining capacity went offline.
Commerce Department issued new rules that clamped down on the export of certain advanced chips—which have military or AI applications—to Chinese customers. actions’ will be the last fighting word in an industry that is becoming more geopolitically sensitive by the day. has blocked chip sales to individual Chinese customers.
According to Chinese authorities, the ones on Changbiao are civilian power reactors, designed to generate 600 megawatts of electricity each, which amounts to a little more than 1 percent of the total capacity of China’s nuclear power sector. “My Not so in China, India, and Russia. Natural uranium is composed of only 0.7
This will focus on the major fields of future importance in the industry—such as digitalization, networking, e-mobility and new mobility services. The delivery figures also include the vehicles sold by the Chinese joint ventures. For example, Russia and Brazil remain problematic for all car manufacturers. Hong Kong), 3.4%
Winterkorn made the remarks during a presentation at the 17 th Handelsblatt-Jahrestagung in Munich on 3 July, during which he outlined VW’s approach to future mobility in the current context of the economic crisis, pessimism about the industry and technology potential. And the auto industry doesn’t hold back on announcements.
1 restricting Chinese content in batteries eligible for EV tax credits of up to USD 7,500, which sharply cut the number of eligible vehicles. New rules took effect on Jan. Automakers have since made changes to supply chains and won restored eligibility for many vehicles.
The latest June cross-border index released by Alibaba International Station shows that currently, the world’s leading brands in the industry are deploying the charging pile track in advance. How do Chinese companies need to explore potential business opportunities in the new energy charging pile market?
The luxury sedan was intended to epitomize Russia’s domestic prowess and reduce dependence on imported technology and goods when unveiled in 2018. Russia imported equipment and components worth at least $34 million between 2018 and 2023 for assembling Aurus cars and motorcycles, customs records seen by Reuters showed.
So a friend-group that included a computer science major from China, an AI-focused management science and engineering (MSE) major from Russia, and a business-oriented MSE major from Venezuela isn't an anomaly. They reached out to professors at Stanford and experts in industry to advise them.
The end game goal for Chinese OEMs is to take global vehicle market share from Western and Japanese/Korean OEMs. While they have rapidly grown their industry and overall sales, keep in mind that a large chunk of their sales are coming from an overall increase in vehicle ownership in China.
Judging from the customs data for the first eight months of this year, the contribution rate of my country’s new energy vehicle exports to the growth of automobile exports reached 26.7%, becoming a new bright spot in the foreign trade of the automobile industry. Demand for charging piles soars.
With few producers in the graphite industry, graphite consumers enter into long-term bilateral supply agreements with little transparency on prices. In addition, relatively few analysts follow the graphite industry, making it difficult to get any long-term forecasts on graphite prices. Graphite and the Inflation Reduction Act.
Bloomberg) Chinese auto sales slumped in June as the domestic economy remained sluggish, but buoyant exports offset the decline at home, an industry association said Wednesday. Chinese EV exports were down 2.3 Chinese makers are moving production overseas. However, China continues to see drop in sales domestically.
With COVID-19 shaking the global supply chain like an angry toddler with a box of jelly beans, the average person had to take a crash course in the semiconductor industry. The latest numbers from chip manufacturing equipment industry association SEMI, show sales of equipment set to cross US $100-billion in 2021. Want a new car?
BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. China’s EV industry is a true powerhouse, and one of the few economic bright spots for the country, reports the FT.
According to Turkish industry ministry sources on Thursday, BYD’s investment in Turkey will proceed without any issues. In July, the ministry told automakers to avoid investing in India and “strongly advised” against committing resources to Russia and Turkey due to geopolitical risks. BYD’s new EV plant in Thailand opened on July 4.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content