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In particular, the New Energy Vehicle (NEV) sales reached 80,003 units, soaring 262.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. So far, BYD Han’s cumulative sales have exceeded 130,000 units, with increases for seven consecutive months. year on year (YoY) and 12.5%
Solid-oxide fuel-cell manufacturer Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, have signed a joint development agreement (JDA) to design and to develop fuel cell-powered ships. The two companies will work together to realize their vision of clean power for ships and a more sustainable marine shipping industry.
Ford electric vehicles sales in the US were up 103% for November 2022 compared to year ago, making Ford the US’ second best-selling brand and manufacturer of electric vehicles behind Tesla. EV sales for the month were 6,255 units, or 4.3% of total vehicle sales for the month. of all F-Series sales for the month).
It’s time for another look at how the US auto industry has changed in recent years, in this report focusing in on the 4th quarter and extending from 2024 back through 2019. Let’s dive in and see how things have changed across the industry first, before narrowing down to the.
Lightning eMotors signed a contract with Macnab EV Sales Corp. Macnab has been a leader in the Canadian commercial transportation industry since 1935. Macnab has been a leader in the Canadian commercial transportation industry since 1935. to deliver 126 vehicles to the Canadian commercial vehicle distributor by the end of 2023.
Despite the trend toward transportation electrification, the lithium industry has had a rough few years. However, Roskill believes that the closure of Altura Mining, the latest casualty of the period of falling lithium prices, may represent a turning point for the lithium industry. Lithium demand by application in 2019.
Falling sales in H2 2019 in China, the largest market for EVs, and a global reduction in sales caused by lockdowns related to the COVID-19 pandemic in H1 2020 slowed lithium demand growth, impacting demand from both battery and industrial applications.
Electrolyzer sales have more than doubled to 458MW in 2021 and are set to grow 4-5x this year. Almost two-thirds of these sales will happen in China. Clean hydrogen demand is about to shoot up due to 10 industrial projects slated to come online in 2022. N/A means the developer has not disclosed the project’s commissioning year.
Following our report on Q4 auto sales in the US, including pure electric vehicle (EV) sales versus fossil fuel vehicle (FFV) sales, we’ve got a new, much bigger report well, it’s the same size and type of report, but it’s for full-year sales rather than 4th quarter sales.
New Zealand-based Fabrum and Chart Industries have formed a strategic partnership to collaborate on the manufacture and sale of Micro-Scale Liquefiers for hydrogen and other gases. The collaboration targets the rapidly increasing demand for liquefaction systems as industries work to decarbonize and transition to new energy sources.
The Government of Canada is setting a mandatory target for all new light-duty cars and passenger trucks sales to be zero-emission by 2035, accelerating Canada’s previous goal of 100% sales by 2040.
Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Honda SUV e:prototype shown at Shanghai 2021.
Tesla’s sales in Beijing and Shanghai: As per vehicle sales data tracked by Yiche.com , the Tesla Model Y was the best-selling vehicle in the first-tier cities of Beijing and Shanghai in 2024. As per the industry watcher, the Tesla Model Y became Beijing’s most popular vehicle with 20,631 sales.
These core business aims include: Accelerating electrification and achieving annual sales of 1.2 Starting with an annual global sales goal of 3.15 The company will make the sales of these vehicles the focus of future business growth. million BEV sales in 2030. Kia also announced its four key business targets for 2030.
Gevo announced a new fuel sales agreement with American Airlines for the sale of 100 million gallons per year of sustainable aviation fuel (SAF) for five years from Gevo’s future commercial operations. The Agreement with American Airlines is the single, largest fuel sales agreement ever entered into by Gevo with a customer.
signed a framework agreement with the Flemish government-owned public transport enterprise De Lijn for the sale of a first batch of 65 E-WAY full electric city buses and further batches up to a total of 500 vehicles. IVECO BUS, a brand of Iveco Group N.V.,
Volvo Cars reported sales of 42,067 cars in February, a decline by 17.2% Sales of Volvo Cars’ Recharge models made up for 33.0% Sales of fully electric cars increased by 229.5% of total sales. Recharge sales increased by 7.0% of total sales. of total sales during the period. and made up 7.2%
Through these experiences, the company has learned that many companies involved in FC products in a variety of industries are looking for FC systems that can be easily adapted to their own products.
The lease sale represents the third major offshore wind lease sale this year and the first ever for the Pacific region. The sale drew competitive high bids from 5 companies totaling $757.1 million, well exceeding the first lease sales that were held in the Atlantic. Earlier post.) OCS-P 0565. 145,300,000.
The upshot is that the new law makes the statutory changes necessary to enable retail sale of dimethyl ether (DME)-propane fuel blend. In addition, rDME is also a cost-effective carrier for hydrogen, making it easy to deliver this renewable fuel for the growing hydrogen fuel-cell vehicle industry.
The international trucking industry is undergoing a transformation towards more sustainable transport as sales of heavy battery electric trucks are starting to pick up, with Europe in the lead. The company’s target is that half of its total truck sales will be electric by 2030.
This follows the receiving of the official production license on 19 May from China’s Ministry of Industry and Information Technology for its new own-built, wholly-owned factory, the Zhaoqing Xpeng Motors Intelligent Industrial Park, in Xpeng’s home Guangdong Province. The P7 is designed and built with four goals: Drive further.
The shift to sustainable truck transport is happening in many parts of the world, including Australia, where sales of electric trucks are starting to pick up. With transport accounting for 19% of Australia’s carbon emissions, and 38% of that coming from road freight, pressure is mounting on the industry to make the shift to electric.
With these results, industry watchers have noted that Tesla China’s insurance registrations are now up 28.2% Overtaking Q1 2024 As per industry watchers, Tesla is estimated to have seen 116,200 new vehicle registrations in China as of the week ending March 23, 2025. It's interesting to see sales increase and stabilize.
China Merchants Heavy Industry has ordered 2 × MAN B&W 7S60ME-LGIM (Liquid Gas Injection Methanol) engines in connection with the construction of 2 × 9,300 ceu (car equivalent units) Pure Car and Truck Carriers (PCTCs) for China Merchants Energy Shipping (CMES).
Optimal Electric Vehicles and Olathe Ford, one of the nation’s largest Ford Commercial Vehicle Centers (CVCs), announced a new partnership in the sales and distribution of Optimal-EV’s E1 series battery-electric cutaway chassis platform.
Deliveries of the new CMA-based Polestar 2, which will begin in August, will continue to drive sales on this successful platform. The range offers a PHEV option on all of Volvo car models, with the aim that by 2025, half of its global sales volume will consist of fully electric cars, with the rest hybrids. billion (US$1.6
In December 2011, Mitsubishi Motors domestically launched the Minicab-MiEV, the only Kei-car class commercial EV produced by a Japanese automaker, mainly for use in the delivery industry.
In 2022, BYD’s new energy vehicles saw total sales surpass 1.86 The momentum continued in 2023, as the company reached a cumulative sales volume of 1.5 million units from January to July, including a notable 92,469 units sold overseas which exceeded the total overseas sales for the entire year of 2022.
Volvo Trucks goal is that electric models will account for half of its truck sales in 2030. The tractor models of the Volvo FH, Volvo FM and Volvo FMX Electric are released for sale now. Rigid versions will be released for sale in the fourth quarter of 2022.
The companies are joining efforts to implement the carbon-negative UBQ thermoplastic ( earlier post ) into auto parts manufactured by Motherson Group for the automotive industry. UBQ Industrial Grade. As a bio-based composite thermoplastic material, UBQ Industrial Grade can replace plastic polymers in hundreds of applications.
SUVs were 53% of EV and 83% of PHEV sales in 2023 They're heavier and less aerodynamic—thus less efficient—than cars Broadly, SUVs emit 20% more CO2 than cars regardless of powertrain Reflecting overall industry trends, most electric vehicles and plug-in hybrids sold in the U.S.
These projects concern, in particular, the traceability of financial transactions and communication with equipment manufacturers and the sales network. Groupe Renault also consider blockchain as a vector for the transformation of the automotive industry. Groupe Renault has identified some 20 projects to deploy blockchain technology.
The new Service Station can save costs on hydrogen production, storage and transportation by more than 20% compared to traditional hydrogen refueling stations; it is intended to become a pilot model to lead the development of China's hydrogen energy industry. Sinopec Fuel Oil Sales Co.,
The Renault Group has announced that pioneering fire safety tech it has developed to put out EV fires faster and easier will be available to the global car industry for free in a bid to boost electric car safety. ” The post Fire sale: Renault has patented an EV fire fix and its giving it away to other car makers!
The implementation of this industrial and commercial ecosystem will take place gradually between 2021 and 2024, replacing the production of new vehicles. The service will include real-time monitoring of the renovation stages for the sales managers of the sales network. ISO 14 001 and ISO 9 001 certifications, logistics hub, etc.)
SPR releases of crude oil can occur under four conditions: emergency drawdowns, test sales, exchange agreements, and nonemergency sales. There have been four prior emergency drawdowns in the history of the SPR: 1991 Operation Desert Storm Sale. 2005 Hurricane Katrina Sale. President George H.
Daimler Truck supplies industry leading transportation solutions and services to customers. Both companies operate in industries that are facing major technological and structural changes. Mercedes-Benz is the world’s most valuable luxury car brand, offering the most desirable cars to discerning customers.
The report notes that 2036 is the crossover year when all-electric passenger vehicles are predicted to overtake sales of ICE-equipped equivalents. While we forecast global EV sales to grow by a remarkable 21% CAGR over the next decade, the increase in battery production and capacity will be even higher.
Tesla does not report its weekly sales figures in China, though a general idea of the company’s performance in the country’s domestic auto market can be inferred through new vehicle registration data. Fortunately, new car registrations are closely tracked and reported by industry watchers, as well as some automakers like Li Auto.
CarbonFree’s patented SkyCycle technology captures carbon emissions from hard-to-abate industrial sources before they enter the atmosphere, converts the CO 2 into the specialty chemical precipitated calcium carbonate (PCC), and produces hydrochloric acid (HCl) as a co-product.
ElectraMeccanica began production of the SOLO EV a year ago with its manufacturing partner and strategic investor, Zongshen Industrial Group. At the same time, the Company developed the systems required for sales, logistics, distribution, and service to ensure the ultimate ‘Drive SOLO’ customer experience.
Ethylene is widely used in the chemical industry; its worldwide production exceeds that of any other organic compound. With the EDHOX process, we have not only developed a cost-efficient alternative but are also providing the petrochemical industry with a low-emission process.
The timeframe for ammonia and methanol capability is part of a wider ambition to grow sales of multi-fueled engines capable of operating on carbon-neutral fuels to 50% of the company’s orderbook by 2030. This is in line with the industry predictions of when these fuels will be available at scale and a viable fuel choice for deep-sea vessels.
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