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New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications. trillion) in 2014.

Emissions 170
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SK Group to invest $16.4B to create hydrogen production-distribution-consumption ecosystem by 2025

Green Car Congress

billion) over the next five years to create a domestic hydrogen ecosystem—production, distribution, and consumption—through creation of domestic hydrogen infrastructure and also through partnerships with global companies. Korea-based SK Group will invest about 18 trillion won (US$16.4 In the second phase, SK will invest 5.3

Hydrogen 376
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VinFast to build EV and battery factory in North Carolina

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Vietnam-based VinFast and the government of North Carolina signed a memorandum of understanding (MOU) for the establishment of VinFast’s first North American manufacturing plant. Automotive assembly plants are incredible engines for economic growth, due to the positive ripple effects they create across a region’s economy.

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VinFast’s EV plant in Tamil Nadu to open in first-half 2025 | Autocar Professional

Baua Electric

Vietnamese electric vehicle manufacturer Vinfast, which had the ground-breaking of its integrated EV plant at Thoothukudi (formerly Tuticorin) in Tamil Nadu on February 25, 2024, is to speed up construction at the 400-acre plant site within the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) industrial estate.

Vietnam 52
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Hankuk Carbon, Dymag partner to mass manufacture carbon composite wheels for automotive

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The collaboration, announced at JEC World in Paris, will apply Hankuk Carbon’s expertise in advanced materials and industrialization, leveraging Dymag’s expertise in manufacturing lightweight carbon composite wheels for the high-performance and luxury vehicle markets.

Carbon 259
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Zinnov: automotive witnessing highest disruption among all industries; ~$6B invested in start-ups in FY 2015

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Management consulting firm Zinnov released its latest study conducted on the Automotive R&D Globalization Landscape, presenting a global engineering R&D analysis on the top 60 automotive companies and how are they leveraging the global R&D ecosystems to improve engineering output and efficiency.

2015 150
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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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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. Market Background Other Asia Sales'

Market 210