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The President nationalized Mexico’s lithium deposits last April, and created LitioMX (Litio Para Mexico) to mine lithium ( earlier post ). Sonora hosts virtually all Mexico’s lithium resources—8.82Mt lithium carbonate equivalent (LCE) or 1.66Mt lithium metal. What we are doing now.
The BMW Group is investing €800 million in Plant San Luis Potosí in Mexico for integration of fully-electric models of NEUE KLASSE and construction of local high-voltage battery assembly. In Mexico, we are investing 800 million euros in our plant and creating around 1,000 new jobs.
Mitsubishi Motors Corporation (MMC) and Chrysler de Mexico (CdM) announced a five-year agreement in which MMC will supply its global compact sedan to CdM, to be sold in Mexico starting November 2014. —Bruno Cattori, President and CEO of Chrysler de Mexico.
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
Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain. Top: Steel Dynamics; Center: US Steel; Bottom: HBIS Group.
Honda de Mexico, S.A. The new transmission plant, Honda’s third in North America, will produce continuously variable transmissions (CVTs) for automobiles built in Mexico, where further market growth is expected, as well as for other Honda auto plants in North America and globally.
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. Registrations fell in all 27 markets, but with varying severity.
bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. bp now operates five production platforms in the deepwater Gulf of Mexico: Argos, Atlantis, Mad Dog, Na Kika and Thunder Horse. Earlier post.)
Volkswagen plans to connect its production facilities in Chattanooga (TN), Puebla and Silao (Mexico) with the global Industrial Cloud initiative from the Volkswagen Group and Amazon Web Services (AWS). We want to manufacture vehicles even more efficiently and sustainably, and the Industrial Cloud helps us do that.
In March 2020, crude oil prices decreased because of the sudden drop in petroleum demand that resulted from the global response to the coronavirus (COVID-19) pandemic. The Federal Offshore Gulf of Mexico saw the largest decrease in crude oil production, falling by 245,000 b/d (13%) to an annual average of 1.65 million b/d. million b/d.
The BMW Group will invest $1 billion to build a new plant in Mexico in close proximity to the city of San Luis Potosí in the state of the same name. This move is in line with the company’s clear strategic policy of ensuring globally-balanced growth. The Americas are among the most important growth markets for the BMW Group.
Despite volatility in global oil markets, US crude oil exports reached a record high in 2020, according to the US Energy Information Administration (EIA). In the summer of 2015, the United States and Mexico entered into an oil exchange agreement, and the restrictions on oil exports were fully lifted in December 2015.
France-based Technip is acquiring US-based Global Industries for $1.073 billion. Global Industries is a provider of subsea construction and pipelay, engineering, project management and support services. Technip says that the acquisition of Global Industries reinforces its position leadership in the fast-growing subsea market.
over the same period in 2012, and achieved its 11 th straight quarter of increased sales on the strength of new products in all markets. The top five Chevrolet sales markets in the first six months of 2013 were: United States: 1.02 Mexico: 91,000 units, up 15.7%. of globalmarket share in 1H 2013, compared to 11.4%
Volkswagen has launched a digital transformation push across its assembly plants in the United States and Mexico. The company aims to drive a 30% increase in manufacturing performance for its electric vehicle assembly and large-scale car assembly in Chattanooga, TN, and Puebla, Mexico, by 2025.
The Renault-Nissan Alliance and Daimler AG are significantly expanding their cooperation with joint development of premium compact vehicles and joint production in Mexico. It also shows how our collaboration, which began in Europe, has become global in scope. Mexico is already an important market for Daimler.
In mid-December 2013, BP announced its discovery in the Gila prospect, its latest in the Paleogene in the deepwater US Gulf of Mexico. This is BP’s third discovery in recent years in the emerging Paleogene trend in the Gulf of Mexico, following Kaskida in 2006 and Tiber in 2009. Click to enlarge. Click to enlarge. —Joseph H.
It is rapidly expanding energy use, mainly driven by fossil fuels, that explains why humanity is on the verge of breaching planetary sustainability boundaries through global warming, biodiversity loss, and disturbance of the nitrogen-cycle balance and other measures of the sustainability of the earth’s ecosystem.
Australia-based Woodside Energy has made a final investment decision to develop the large, high-quality Trion resource in the deepwater Gulf of Mexico. Trion is located in a water depth of 2,500 meters, approximately 180 km off the Mexican coastline and 30 km south of the Mexico/US maritime border. First oil is targeted for 2028.
forecasts that the global lead acid battery market will reach US$76.44 Growth of the automotive industry in Indonesia, Mexico, India, Vietnam and Thailand is expected to propel the industry. of market share in 2014. Europe was the second-largest market and accounted for more than 24.8% of the global share in 2014.
Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.
intends to open a new manufacturing facility in Mexico to produce aluminium automotive structural components. This plant, located in San Luis Potosí, will allow Constellium to respond to increasing demand for lightweight, high-strength aluminium Crash Management Systems and automotive structures for the expanding auto industry in Mexico.
As BYD continues its dominant global expansion, the EV maker’s latest target is a stone’s throw from the US. BYD is looking to establish an EV plant in Mexico as an “export hub” for the US.
More than three-fourths of all oil and gas production in the US Gulf of Mexico has a lower greenhouse gas (GHG) intensity than the basin-wide average, according to a new S&P Global Commodity Insights analysis. However, about 78% of the total production was found to be beneath that average. 900 kgCO 2 e/boe. 70 kgCO 2 e/boe.)
BYD continues its global expansion, and Mexico continues its arrival as a new, serious EV market. continued] The post BYD Seal Comes To Mexico! The BYD Seal is. appeared first on CleanTechnica.
Mexico is the 12th largest auto market in the world. To keep growing sales and to keep electrifying the auto marketglobally, BYD has been selling its electric vehicles in more and more countries. BYD is #1 in the world for plugin vehicle sales and #2 for pure electric vehicle sales (only trailing Tesla).
A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.
There’s no doubt about it: China saw that the future of the car market was electric and zoomed far into lead. 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. Despite being late.
General Motors and SAIC Motor are enhancing their partnership through an agreement jointly to develop the core architecture and engine of a new vehicle family targeting global growth markets. There are no plans to export the vehicles to mature markets such as the United States. —General Motors President Dan Ammann.
million barrels over a 45-day period to calm the global oil market in the immediate aftermath of the beginning of the Iraq war. In August 2005, Hurricane Katrina caused massive damage to oil production facilities, terminals, pipelines, and refineries in the Gulf of Mexico. President George H. Bush authorized a drawdown of 33.75
Global industrial software and technology leader Emerson announced a multi-year strategic framework agreement with BayoTech, a developer of modular steam methane reformers (SMRs) and other hydrogen solutions, to accelerate the delivery of hydrogen around the world.
As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.
million vehicles to customers on the overall European market in the first three quarters, down 2.4% In Western Europe (excluding Germany), where the market situation remained difficult, the Group delivered 1.40 from 479,000 in 2012, of which 226,100 (-3.7%) were handed over in Russia, the region’s largest single market.
The findings are highlighted in a special issue of the journal Global Change Biology Bioenergy which focuses on the potential of agave as a bioenergy feedstock. Also, abandoned Agave plantations in Mexico and Africa that previously supported the natural fiber market could be reclaimed as bioenergy cropland.
Mercedes-Benz is realigning its global passenger cars manufacturing activities and is strengthening its German passenger cars locations with investments worth billions of euros. “ The new manufacturing organization Mercedes-Benz Operations (MO) is based on global production networks and centralized responsibility for logistics and quality.
Tesla has been working to start deploying its Supervised Full Self-Driving (FSD) system outside of North America, though as the first waves of the software go out in China and Mexico, regulatory holdups in the United Kingdom (UK) and elsewhere are proving tough to overcome.
BYD will sell all-electric versions of its Tang SUV and Han sedan through seven dealers in Mexico in 2023, an executive said last year. The post BYD partners with Santander Bank in Mexico to pave way for local market entry appeared first on CnEVPost. For more articles, please visit CnEVPost.
Audi has begun construction on a more than €900-million plant, comprising a press shop, body shop and assembly line in San José Chiapa, Mexico—the company’s first plant in North America. Audi said that the SUVs will primarily strengthen its position in the North American market.
This will be the first time the company has produced a model for the globalmarket at a location outside of the European continent. Audi will produce the new generation of the Audi Q5 for the world market in San José Chiapa in Mexico’s federal state of Puebla. The Audi site in San José Chiapa is 2,400 meters (1.5
a contract fermentation and synthesis company headquartered in Mexico City, Mexico. The cellulase enzymes are based on the Codexis CodeEvolver directed evolution technology and will be used to support biofuels collaborations and the company’s market expansion into sustainable bio-based chemicals.
The Biden Administration is considering penalties for Chinese electric vehicle (EV) automakers who are moving production to Mexico. We’re not going to let China flood our market making it impossible for American auto—auto manufacturers to compete fairly. It was considering a site in Nuevo León, where Tesla plans to build Giga Mexico.
Market forecasts show that by 2030, 40% of the bus fleet in India will consist of BEVs. In this context, the Indian market is considered a pioneer of a global trend: the electrification of public transport with a focus on large cities. At Prawaas 3.0
With the shared goal of accelerating the transition to cost-effective, zero-emissions commercial vehicle and power generator technologies, Loop Energy and BayoTech announced a joint market development agreement for the deployment of hydrogen vehicles and hydrogen fueling infrastructure. .
The plan called for the realignment of the Company’s US manufacturing operations to fully utilize available capacity to respond to a shift in market demand for trucks and SUVs, and to further expand the Jeep and Ram brands. The latest announcement represents the second phase of an industrialization plan announced in January 2016.
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