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Iraq Bulletin

Tag : electric vehicles

Business

Solar and wind markets forecast strong global rise

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The global market for five key energy technologies electric vehicles, electrolysers, heat pumps, solar photovoltaic systems, and wind turbines is projected to surge to approximately US$2.1 trillion by 2035, according to the latest World Energy Transitions Outlook 2024 published by...
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Electricity consumption drives global energy demand surge in 2024

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Global energy demand increased sharply in 2024, rising by 2.2% and nearly doubling its average annual growth rate of the previous decade, according to the latest Global Energy Review released by the International Energy Agency (IEA). The report attributes the...
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Hyundai Motor Group announces $20 billion US investment

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MENA Newswire News Desk: South Korea’s Hyundai Motor Group is set to unveil a $20 billion investment in the United States, marking a significant expansion of its manufacturing footprint and aligning with ongoing efforts by foreign firms to localize production...
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Tesla eyes Indian market with first EV shipment and hiring plans

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Tesla is set to enter the Indian market as its first shipment of electric vehicles is expected to arrive soon. According to a media report citing sources, the U.S.-based EV manufacturer plans to ship thousands of vehicles to a port...
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Tesla lists job vacancies in India after Modi-Musk meeting

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Tesla Inc. has initiated hiring in India, signaling its anticipated entry into the South Asian market. The electric vehicle (EV) giant, led by Elon Musk, has listed 13 job openings spanning customer-facing and operational roles, according to a media report....
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Emerging economies to drive 85% of global electricity demand growth

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Global electricity demand is projected to grow at its fastest rate in recent years, increasing by nearly 4% annually through 2027, according to a new report from the International Energy Agency (IEA) released today. The surge in power consumption is...
Business

Global clean energy investment set to reach $1.7 trillion, overtaking oil production

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Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production for the first time. A new report from the International Energy Agency (IEA) highlights that...
Business

European Investment Bank supports circular economy with €3.4 billion lending

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Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production for the first time. A new report from the International Energy Agency (IEA) highlights that...