Tesla’s ongoing upward sales trends may have shut the door on critics of electric autos, but opening the doors on its newest Model X could hold sales forecasts back next year.
Daily Archives: November 19, 2014
$1.1B Huineng SNG plant goes on-stream transforming coal into natural gas in China
Haldor Topsoe A/S announced that Huineng, a large-scale SNG (Substitute Natural Gas) plant, went successfully on-stream near the city of Ordos, located in Inner Mongolia in the northern part of China. Topsoe has designed the methanation section of this plant, which is the company’s second large-scale coal-based industrial SNG reference to begin operations in China following last years’ opening of Qinghua, the world’s largest SNG plant located in the Xinjiang region.
Korea’s car market fortress breached under German luxury barrage
by Sohee Kim
South Korea is on track to spend more on vehicle imports from Europe this year than it earns from exports the other way, for the first time in 24 years, as German brands breach the once impregnable fortress of Hyundai Motor and its local rivals.
Volkswagen to build 155mph Golf R Estate
Volkswagen has confirmed plans to build an estate version of the Golf R. The 155mph load lugger will be powered by a 2.0-litre turbocharged petrol engine and be capable of rocketing from 0-62mph in 5.1 seconds. Prices are expected to start at £33,000 when the Golf R Estate reaches UK showrooms in July 2015.
Volkswagen’s China capacity limits slows growth to 10%
Volkswagen’s growth in China is expected to slow to about 10 percent this year from 16 percent in 2013 due to a conservative strategy that has limited its production capacity, VW China chief Jochem Heizmann said.
