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Biden invokes Defense Production Act to push domestic material sourcing for sustainable energy

Teslarati

President Joe Biden has invoked the Defense Production Act to push for the production of materials domestically. In an official memorandum from the White House , Biden wrote that he would officially launch the Defense Production Act of 1950. Biden could use Defense Production Act for EV battery material production boost.

Energy 80
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Pilot Project Sends Kelp–and Carbon–to the Seafloor

Cars That Think

Last January, in the waters off Cebu City in the Philippines, researchers first deployed a huge flexible ring seeded with seaweed and spanned by spokelike ropes and tubes. But the seaweed industry is collapsing as climate change warms the upper layers of the ocean, preventing nutrient-rich waters from rising from the depths.

Carbon 139
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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. Using this refined data, the study provides an in-depth analysis of the potential for automotive growth.

Market 210
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. The Federation of Thai Industries believes electric car sales will exceed 10,000 units this year, a fourfold increase. What is the mystery behind it?.

Asia 97
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[PRESS RELEASE] Chairman retires from Drive Electric

Drive Electric

Mark has done so much for the industry and on behalf of the board we wish to thank him for his 11 years of leadership and service.” This future has so much economic benefit to households and the economy. Mark Gilbert says, “I was preparing my remarks for Drive Electric’s 11th AGM in September, when I made the decision to step away.

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ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

Green Car Congress

The mean cost of cost of climate change for the four countries—Indonesia, Philippines, Thailand, and Viet Nam—under a “business-as-usual” scenario and if market and non-market impacts and catastrophic risks are all considered could be equivalent to losing 6.7%

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. The year 2023 was the first in which China’s New Energy Vehicle (NEV) 3 industry ran without support from national subsidies for EV purchases, which have facilitated expansion of the market for more than a decade. million were EVs.