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Toyota sales slide as aggressive price cuts by BYD, Chinese EV makers take effect

Baua Electric

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. Although demand remained strong in North America and Europe, pressure in Japan and China led to fewer sales. The Japanese automaker’s global sales are down 0.9%

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

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.

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WEC report: EVs need 16% market share by 2020 for fuel economy standards to be met

Green Car Congress

Electric vehicles (EVs) will need to increase their combined market share to 16% by 2020 for markets to achieve the aggressive fuel economy standards set by regulators, according to new research by the World Energy Council, the UN-accredited global energy body representing the entire energy spectrum. In the EU, the EV gap is 1.4

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1.136 billion in turnover, 6.7 per cent more customers and 247 new products at the Hannover Messe | Autocar Professional

Baua Electric

After two years of rapid growth totalling 57 per cent, igus was able to maintain its billion-euro turnover in 2023 despite the challenging global economic situation. Despite the tense global economic situation, igus increased the number of its active customers by 6.7 This trend is set to continue in 2024. fold increase.

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Financial Times on Th!nk

Plugs and Cars

Parts manufacturing in Thailand and Turkey. Online marketing and sales. Think says it has battery supply contracts with three companies, and is moving into production. Think says it has battery supply contracts with three companies, and is moving into production. Tags: think global. Zebra batteries first.

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Celanese sees new TCX ethanol process as key component in future growth; a paradigm shift in ethanol production

Green Car Congress

As it announced during its investor conference earlier this week, Celanese Corporation, a global technology and specialty materials company, has increased its 2013 earnings growth objectives to adjusted earnings per share of at least $6.00, or operating EBITDA of at least $1.7 Source: Celanese. Click to enlarge. Earlier post.). million tons.

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Maruti Suzuki to commission one new plant and construct two new plants every year till FY31 | Autocar Professional

Baua Electric

Addressing the vendors in Turkey earlier this week, the top management urged the auto component companies that participated in the meet, to invest and keep pace with the new capacities coming on stream at Maruti Suzuki. Bharti did not give any guidance on the sales or production plan of the company. With a plan of investing over Rs 1.25

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