DOCSLIB.ORG

From the Start

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
From the Start Headline CLEAN TECH FOR FUTURE TECH MediaTitle The Edge Date 16 Aug 2021 Language English Circulation 25,910 Readership 77,730 Section Digital Edge Page No DE1,DE6,DE7 ArticleSize 2945 cm² Journalist TAN ZHAI YUN PR Value RM 152,121 FROM THE ft&ffj--,. START Learning from old mistakes, emerging industries can be proactive in reducing their adverse impact on the environment from the outset, Two in particular - data centres and electric vehicles - are trying to do just that, despite abounding challengeSrPGS Headline CLEAN TECH FOR FUTURE TECH MediaTitle The Edge Date 16 Aug 2021 Language English Circulation 25,910 Readership 77,730 Section Digital Edge Page No DE1,DE6,DE7 ArticleSize 2945 cm² Journalist TAN ZHAI YUN PR Value RM 152,121 COVER STORY CLEAU N TEC FOR FUTURE INITIATIVES IN REFURBISHING OLD EV TECH BATTERIES • Nissan Motor Corp opened Japan's first plant specialising in the reuse and recycling of electric vehicle (EV) lithium- ion batteries in collaboration with Sumitomo Corp in A few years ago, Dr Gobbi Ramasamy, an 2018.lt has developed indsight is always 20:20 especially when it comes to associate professor at Multimedia University's technology to assess decisions relating to technology. Looking back today faculty of engineering, was approached by Tan the capacity of all from an environmental and climate change lens,we Chong Motor Holdings Bhd with lithium-ion modules in a battery realise that a lot of the decisions made previously batteries from Nissan Motor's Leaf electric pack at once and is were wasteful and not very far-sighted. vehicles (EVs). working on a pilot project to use old EV For instance,when electronics like laptops were Nissan Leaf was the first EV to be sold in batteries as storage first introduced, they could have been designed to Malaysia in 2013. Lithium-ion batteries for EVs for solar-powered be easily collected, disassembled and recycled after tend to last for five to 10 years, so the batteries street lighting. use, so we would not end up with huge graveyards of from the first generation of Nissan Leaf sold Eclimo's EV two-wheeler battery packs e-waste, choking up our landfills and leaching toxic in Malaysia were due to be sent to Japan for are put together without welding, a design • Toyota Motor Corp substances into the earth and waterways. recycling, says Gobbi, that Chuah has patented has partnered with Or, what about gas emissions from vehicles and But that was costly, so the company Chubu Electric Power power plants? Couldn't these have been designed approached Gobbi through Lee Yuen How, his since 2018 to turn better and implemented more effectively to mini- former student who founded the EV charging is also considered a waste of resources to old EV and hybrid mise or even eliminate the ecological fallout from company EV Connection Sdn Bhd. dismantle the battery when its useful life is not vehicle batteries into renewable energy billions of tonnes of emissions being released into "We saw that we are at the beginning of an over, given the amount of resources spent on storage systems. the atmosphere? era. You already can see the impact of EVs now manufacturing the battery. Although it is late in the day to be thinking about in the huge number of used batteries sitting in According to various sources, less than • BMW Group these things, thankfully, more can be done. Many new warehouses," says Gobbi. 5% of lithium-ion batteries are recycled works with various industries have been developed to deal with these He wanted to give a second life to these in Europe and the US. Almost no lithium is companies to recycle very problems in basic design and give humanity lithium-ion batteries, which still had enough recovered in the European Union (EU) currently used EV batteries or a chance to start anew and do better. power to be used for other purposes. One because it is deemed less cost effective than turn them into energy In this article, Digital Edge speaks to industry particularly feasible option was to turn them primary supplies, according to a European storage systems. players striving to make two emerging technolo- into battery storage for solar power systems. Parliamentary Research Service article in July. gies — data centres and electric vehicles (EVs) — Currently, solar power generators are able to • Tesla says that 100% more sustainable. sell their excess energy back to the grid through of its EV batteries are Data centres are a key enabler of the digital the government's Net Energy Metering Scheme. recycled and that it does its best to extend economy. But they require a huge amount of energy "But this scheme will eventually stop. What the useful life of to cool their servers. As Malaysia hopes to become is going to happen then? Peak usage is in the each battery pack. It a data centre hub in Southeast Asia, it is important evening, but it is during daytime that the solar works with Redwood to explore how renewable energy and energy-effi- panels generate electricity. Batteries for energy Materials, which aims cient technologies can be used to offset the carbon storage will become an important element to create a closed- footprint of data centres. After all, the electricity then," says Gobbi. loop recycling process generation mix in Malaysia is currently dominated While the used lithium-ion batteries no for EV batteries. by coal and natural gas. longer have enough capacity to support EVs, Meanwhile, EVs are driving the green revolu- they are sufficient for energy storage systems. • SungEel HiTech, tion in the transport sector. While they are not a In fact, this is something that Datuk Dennis South Korea's largest battery recycler, has a common sight on Malaysian roads at the moment, Chuah, founder and executive director of closed-loop recycling more EVs are expected in the coming years as global Eclimo Sdn Bhd, has been doing. Eclimo has process to treat automotive manufacturers and governments have been leasing its EV two-wheelers to companies lithium-ion batteries committed to phasing out internal combustion like KFC and DHL as well as local authorities to from electronics and engine (ICE) vehicles. do deliveries and patrolling since 2008. it serves as a key However, this will also likely produce a tsunami After five years, he realised that the lithium- © When companies ask supplier to battery of lithium-ion batteries, which power EVs. The ion batteries could no longer support the for permission to sell makers. It has a International Energy Agency projects global EV factory in Malaysia. two-wheelers. He replaced the batteries and EVs, the government stock to grow from over 11 million in 2020 to almost refurbished the old ones into energy storage should ask them to have 145 million in 2030, and for electric two or three- solutions. wheelers to reach 385 million in 2030. "This second life given to batteries is very a proper plan for battery If not managed properly, the batteries could pollute important because they still have 70% of power recycling from the day it is the environment while more lithium continues to capacity. Only when it reaches zero should you installed in the car until it is be mined from the ground. Ultimately, it would think about recycling them," says Chuah. disposed of." not make sense if EVs, which are meant to reduce Not many recyclers are eager to accept Gobbi greenhouse gas emissions from the transport sector, used EV lithium-ion batteries as the recycling result in more environmental damage. B process is costly and energy intensive. It Headline CLEAN TECH FOR FUTURE TECH MediaTitle The Edge Date 16 Aug 2021 Language English Circulation 25,910 Readership 77,730 Section Digital Edge Page No DE1,DE6,DE7 ArticleSize 2945 cm² Journalist TAN ZHAI YUN PR Value RM 152,121 AUGUST ft MMU of maximum demand of the consumer's current installation cannot wait to only look at this matter 10 years to preserve the stability of the later, when you already have 500,000 EVs on REDUCING national power grid system. This the road." means data centres still need to A clear policy signal would also help third THE CARBON rely on conventional electricity parties such as Chuah and Gobbi, who are supply. finding second lives for lithium-ion batteries. FOOTPRINT That's not to say nothing is As the price of new lithium-ion batteries being done. For instance, GSPARX continue to decline, Chuah may struggle to find OF DATA partnered with NTT Ltd in January customers for his refurbished battery packs. to install solar power systems He is already faced with price pressures CENTRES in the administrative buildings to keep his electric two-wheelers affordable of NTT's data centre campus in compared with traditional motorbikes. "That's The demand for data centres Malaysia. why I make sure I collect the batteries and sell is unlikely to cease given our Microsoft Corp, which plans them as battery packs, so I can stretch my reliance on the internet. However, to establish its first data centre profits." data centres require a huge region in Kuala Lumpur, has Refurbishing an EV battery amount of energy to power and said it will have power purchase requires taking the battery cool their equipment. agreements for green energy to pack, which comprises many The International Energy power all its data centres. modules, apart. The third Agency (IEA) estimates that Elmie has a few party will have to buy the old global data centre electricity recommendations for data centre batteries, dismantle them and demand was around 200TWh in operators.
Load more

Recommended publications
  • Press Information (Revised November 20, 2013)(PDF: 28Pages 9.5MB)
    Press Information For Immediate Release Mitsubishi Motors Lineup at 43rd Tokyo Motor Show 2013 TOKYO, November 20, 2013 - Mitsubishi Motors Corporation (MMC) will unveil three world premiere concept cars at the 43rd Tokyo Motor Show 2013＊1 from November 20. Incorporating a new design that symbolizes the functionality and reassuring safety inherent to SUVs, the three concepts take as their theme MMC’s @earth TECHNOLOGY＊2 and point to the direction MMC’s development and manufacturing will take in the near future. The MITSUBISHI Concept GC–PHEV＊3 is a next-generation full-size SUV with full-time 4WD. It is based on a front engine, rear-wheel drive layout plug-in hybrid EV (PHEV) system comprising a 3.0-liter V6 supercharged MIVEC＊4 engine mated to an eight-speed automatic transmission, with a high-output motor and a high-capacity battery to deliver all-terrain performance truly worthy of an all-round SUV. The MITSUBISHI Concept XR-PHEV＊5 is a next-generation compact SUV developed to take driving pleasure to new levels. The MITSUBISHI Concept XR-PHEV uses a front engine, front-wheel drive layout PHEV system that is configured with a downsized 1.1-liter direct-injection turbocharged MIVEC engine, a lightweight, compact and high-efficiency motor with a high-capacity battery. These two concepts feature PHEV systems optimally tailored to different market and segment requirements. The MITSUBISHI Concept AR＊6 is a next-generation compact MPV which combines SUV maneuverability with MPV roominess. It uses a lightweight mild hybrid system which comprises a downsized 1.1-liter direct-injection turbocharged MIVEC engine.
    [Show full text]
  • Note: This English Translation Is for Reference Purposes Only. in The
    Note: This English translation is for reference purposes only. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail. We assume no responsibility for this translation or for direct, indirect or any other forms of damage arising from the translation. (Securities code: 7211) June 3, 2019 To our shareholders 3-1-21, Shibaura, Minato-ku, Tokyo MITSUBISHI MOTORS CORPORATION Chairman of the Board, CEO Osamu Masuko NOTICE OF THE 50TH ORDINARY GENERAL MEETING OF SHAREHOLDERS You are cordially invited to attend the 50th Ordinary General Meeting of Shareholders of Mitsubishi Motors Corporation (“MMC”) to be held as described as below. If you are unable to attend, as described in the “Notice on Exercising Voting Rights” (P. 3 and P. 4), you may exercise your voting right(s) in writing or via the Internet. To do so, please review the “Reference Materials” for the Ordinary General Meeting of Shareholders contained in this notice, and exercise your voting right(s) either by posting your voting form so that it arrives before 5:45 p.m. on Thursday, June 20, 2019 or inputting your vote on the website for exercising voting right(s) before the aforementioned date and time. 1. Date and time Friday, June 21, 2019 at 10:00 a.m. (Japan time) 2. Place 3-3-1 Shibakoen, Minato-ku, Tokyo Ho-O-No-Ma, 2F, Tokyo Prince Hotel (Please note that the place for this Ordinary General Meeting of Shareholders differs from the one for the previous meeting.) 3. Purposes Matters to report 1.
    [Show full text]
  • 2012 MODEL VIN CODES This VIN Chart Is Available Online At
    2012 MODEL VIN CODES This VIN chart is available online at www.mitsubishicars.com. Select “Owners”, ⇒ “Support”, ⇒ “VIN Information”, then select the appropriate year. Use this chart to decode Vehicle Identification Numbers for 2012 model year MMNA vehicles. VEHICLE IDENTIFICATION NUMBER 4 A 3 1 K 2 D F * C E 123456 1. Country of Mfg. 12 − 17 Plant Sequence No. 4 = USA (MMNA) J = Japan (MMC) 2. Manufacturer 11. Assembly Plant A = Mitsubishi E = Normal (USA) U = Mizushima 3. Vehicle Type Z = Okazaki 3 = Passenger Car 4 = Multi−Purpose Vehicle 10. Model Year 4. Restraint System C = 2012 All with Front Driver and Passenger Air Bags Passenger Car 1 = 1st Row Curtain + Seat Air Bags 9. Check Digit 2 = 1st & 2nd Row Curtain + Seat Air Bags 7 = Seat Mounted Air Bags MPV up to 5,000 lbs GVWR 8. Engine/Electric Motor A = 1st & 2nd Row Curtain + Seat Air Bags F = 2.4L SOHC MIVEC (4G69) MPV over 5,000 lbs GVWR S = 3.8L SOHC (6G75) J = 1st & 2nd Row Curtain + Seat Air Bags T = 3.8L SOHC MIVEC (6G75) U = 2.0L DOHC MIVEC (4B11) 5 & 6. Make, Car Line & Series V = 2.0L DOHC TC/IC MIVEC (4B11) B2 = Mitsubishi Galant FE (Fleet Package) W = 2.4L DOHC MIVEC (4B12) B3 = Mitsubishi Galant ES/SE X = 3.0L MIVEC (6B31) H3 = Mitsubishi RVR ES/SE (FWD) (Canada only) J3 = Mitsubishi RVR SE (4WD) (Canada only) 1 = 49Kw Electric Motor (Y4F1) J4 = Mitsubishi RVR GT (4WD) (Canada only) K2 = Mitsubishi Eclipse GS (M/T) 7. Type K3 = Mitsubishi Eclipse GT A = 5−door Wagon/SUV (Outlander, Outlander Sport) K5 = Mitsubishi Eclipse GS (A/T) / GS Sport / SE D = 3−door Hatchback
    [Show full text]
  • Driving Growth Towards the Future 2014-2015 02
    DRIVING GROWTH TOWARDS THE FUTURE 2014-2015 02 ASEAN-JAPAN Hand in Hand Towards The ASEAN Economic Community (AEC) ASEAN has been achieving high economic growth rates in recent Towards the goal of establishing the AEC, ASEAN has achieved years, with automobile production and sales volumes reaching a more than 80% of its AEC 2015 Blueprint measures, such as (1) record high in 2013. Japanese automotive manufacturers attained a a single market and production base, (2) strongly competitive total production of 3.87 million units (a 3% increase from last year), regional development, (3) equitable economic development, and sales of 3.09 million units (a 6% year-on-year increase) and exports (4) integration into the global economy. However, the elimination of 1.27 million units, representing a 23% increase over last year’s of Non-Tariff Barriers (NTBs) trade facilitation, simplification of rules figures. In view of this favorable trend, JAMA member companies of origin, evaluation of standards vis-à-vis technical regulations, have been making active investments in ASEAN, bringing the and conformity assessment procedures remained important issues. combined number of factories and facilities to 83. The number Negotiations on these issues are underway among members. For of direct employees also increased 10% over last year, reaching the automotive industry in particular, it is hoped that the self- approximately 158,000. certification of origins currently being considered will be endorsed, promoting trade facilitation. In order to attain sustainable growth in the automotive industry, as well as other industries in the region, an ASEAN-centered economic On the technical front, JAMA hopes that the ASEAN Mutual integration agreement, the Regional Comprehensive Economic Recognition Arrangement (MRA) for automotive technical Partnership (RCEP), was proposed, with official negotiations begun regulations will be practiced within an international framework in 2012.
    [Show full text]
  • Oem Atf and Conversion Chart
    2019 12th Edition OEM ATF AND CONVERSION CHART FOR THE RIGHT FLUID AND THE RIGHT SOLUTIONS HOW TO USE THIS CHART Are you new to LUBEGARD® or trying to determine which product to use? ALL Lubegard conversion products & whole fluids have the benefits of our protectants built right into their formulations, so no matter which option you choose, they will all help with shifting issues, lowering operating temperatures, conditioning the seals & O-rings, extending the life of the fluid, improving anti-wear properties, and solving or preventing frictional issues resulting from additive depletion. OPTION 1 OPTION 2 OPTION 3 Do you need to fix a shifting problem, or just want to protect your Are you changing the fluid and looking for an alternative Option 3 is our COMPLETE™ line of whole fluids: transmission and make it last longer? If so, follow the Option 1 to the OEM (Original Equipment Manufacturer) fluid? COMPLETE ATF, COMPLETE CVT, & COMPLETE section of this chart: You have more than one option here! DCT fluids are your whole fluid solutions with If you’re looking to protect the current fluid or you’re servicing the fluid Choose Option 2 When servicing the transmission and need an LUBEGARD technology built right into the formulation. using the OEM OPTIONrecom- 1 (when using the OEM recommended ATF) OPTION 2 (as anOEM OEM fluid alternative) alternative. OPTION 3 (whole fluid option) LUBEGARD COMPLETE fluids OPTION 1 (when using the OEM recommendedOPTION ATF) 1 (when usingOPTION the OEM recommended2 (as an OEM ATF)fluid alternative) OPTION 2
    [Show full text]
  • The Renault-Nissan Alliance 014 the Renault-Nissan Alliance
    The Renault-Nissan Alliance 014 The Renault-Nissan Alliance Nissan has greatly increased its global footprint and achieved dramatic economies of scale through the Renault-Nissan Alliance, a unique and highly scalable strategic partnership founded in 1999. In 2011, 8.03 million cars* were sold by the Renault-Nissan Alliance, amounting to a 10.7% global share. We are marketing vehicles under the brands of Nissan, Infiniti, Renault, Renault Samsung Motors and Dacia. * This figure includes Lada sales (AvtoVAZ of Russia). The Alliance’s Vision Although it was initially considered a unique arrangement in the late 1990s, the Alliance quickly became a model for similar partnerships in the auto industry. The Alliance itself has entered cooperative relationships with Germany’s Daimler, China’s Dongfeng Motor Corp., Russia’s AvtoVAZ and others, and it continues to prove itself as the industry’s most enduring and successful partnership. The Alliance is based on the rationale that substantial cross-shareholding investments compel each company to act in the financial interest of the other, while maintaining individual brand identities and independent corporate cultures. Renault currently has a 43.4% stake in Nissan, and Nissan holds a 15.0% stake in Renault. The cross-shareholding arrangement requires mutual trust and respect, as well as a transparent management system focused on speed, accountability and performance. ＞ Please see our website for more information on the Renault-Nissan Alliance. http://www.nissan-global.com/EN/COMPANY/PROFILE/ALLIANCE/RENAULT01/index.html Alliance Objectives The Alliance pursues a strategy of profitable growth with three objectives: 1. To be recognized by customers as being among the best three automotive groups in the quality and value of its products and services in each region and market segment 2.
    [Show full text]
  • 2014 MODEL VIN CODES This VIN Chart Is Available Online At
    2014 MODEL VIN CODES This VIN chart is available online at www.mitsubishicars.com. Select “Owners”, ⇒ “Support”, ⇒ “VIN Information”, then select the appropriate year. VEHICLE IDENTIFICATION NUMBER 4 A 4 A P 3 A U * E E 123456 1. Country of Mfg. 12 − 17 Plant Sequence No. 4 = USA (MMNA) J = Japan (MMC) M = Thailand (MMT) 11. Assembly Plant E = Normal (USA) 2. Manufacturer H = Laem Chabang−3 (Thailand) A = Mitsubishi U = Mizushima (Japan) L = Mitsubishi Motors Thailand Z = Okazaki (Japan) 3. Vehicle Type 10. Model Year 3 = Passenger Car E = 2014 4 = Multi−Purpose Vehicle 9. Check Digit 4. Restraint System and Location All with Front Driver and Passenger Air Bags Passenger Car 8. Engine/Electric Motor 2 = 1st & 2nd Row Curtain + Seat Air Bags J = 1.2L DOHC (MIVEC (3A92) MPV up to 5,000 lbs GVWR U = 2.0L DOHC MIVEC (4B11) st A = 1st & 2nd Row Curtain + 1 Row Seat Air Bags V = 2.0L DOHC TC/IC MIVEC (4B11) MPV over 5,000 lbs GVWR W = 2.4L DOHC MIVEC (4B12) st J = 1st & 2nd Row Curtain + 1 Row Seat Air Bags X = 3.0L MIVEC (6B31) 3 = 2.4L MIVEC (4J12) 5 & 6. Make, Car Line & Series 4 = 49Kw Electric Motor (Y51) A3 = Mitsubishi Mirage (DE) (ES in Canada) A4 = Mitsubishi Mirage (ES) (SE in Canada) 7. Type H3 = Mitsubishi RVR ES/SE (FWD) (Canada only) A = 5−door Wagon/SUV (Outlander, Outlander Sport/RVR) J3 = Mitsubishi RVR SE (4WD) (Canada only) F = 4−door Sedan (Lancer, Lancer Evolution) J4 = Mitsubishi RVR GT (4WD) (Canada only) H = 5−door Hatchback (Lancer Sportback, Mirage) “i” MiEV P3 = Mitsubishi Outlander Sport ES (FWD) (ASX ES in Puerto Rico) P4 = Mitsubishi Outlander Sport SE (FWD) (ASX SE in Puerto Rico) R3 = Mitsubishi Outlander Sport ES (AWC) R4 = Mitsubishi Outlander Sport SE (AWC) D2 = Mitsubishi Outlander ES (FWD) D3 = Mitsubishi Outlander SE (FWD) Z2 = Mitsubishi Outlander ES (AWC) (Canada only) Z3 = Mitsubishi Outlander SE (S−AWC) Z4 = Mitsubishi Outlander GT (S−AWC) U1 = Mitsubishi Lancer DE (Puerto Rico, Canada) U2 = Mitsubishi Lancer ES (SE or GT in Canada) U8 = Mitsubishi Lancer GT (U.S.
    [Show full text]
  • I-Miev FAQ (Frequently Asked Questions)
    i-MiEV FAQ (Frequently Asked Questions) TABLE OF CONTENTS General 1 Battery & Charging 3 Performance 8 Maintenance 9 Price, Availability & Purchasing 9 Notes 10 General HOW FAR CAN THE MITSUBISHI I GO ON A SINGLE CHARGE? Based on independent EPA testing, the Mitsubishi i can travel 62 miles1 on a full charge, in typical driving conditions. Incidentally, the EPA’s MPGe ratings came in at 126 City and 99 Highway for a combined 112 MPGe—making the Mitsubishi i one of the most efficient electric vehicle in its class.2 HOW DO I KNOW IF THIS CAR IS RIGHT FOR ME? When considering whether or not the all-electric Mitsubishi is right for you, it’s important to remember that it’s designed for shorter city commutes. You should also keep in mind that the i-MiEV requires a parking area with access to a dedicated 120V / 15A power outlet for charging that’s been inspected by a certified electrician. If you have those two things covered, the Mitsubishi i could be your ideal commuter car. CAN I TAKE THE MITSUBISHI I ON LONGER TRIPS? The public charging infrastructure is developing to the point where we foresee that possibility. In fact, thousands of public quick-chargers are currently under development across the nation. So in the near future, you may be able to take your Mitsubishi i on longer journeys. CAN I USE IT AS MY PRIMARY VEHICLE? The Mitsubishi i could be used as a primary vehicle if all of your round trips are within the 62-mile range3 of the car.
    [Show full text]
  • Mitsubishi Motors Sustainability Report 2019
    MITSUBISHI MOTORS Sustainability Report 2019 Performance Report Commitment of Commitment on GRI Standards Third-Party CONTENTS CSR Management Reference Chart Editorial Policy Top Management Material CSR Issues Environment Social Governance ／SDGs Reference Chart Opinions Corporate Overview .................................................................. 02 Social ..................................................................................... 65 CSR Management ..................................................................... 04 Safety and Quality ............................................................... 66 Commitment of Top Management ............................................... 09 Contribution to Local Economy through Business Activities ........ 75 ......................................................................... Commitment on Material CSR Issues ............................................ 11 Employees 78 Human Rights .................................................................... Overview and Measures Regarding Improper Conduct in Fuel 91 Deploying Supply Chain Sustainability Initiatives (Social) ............. Consumption and Emissions Testing .......................................... 23 93 Social Contribution Activities ................................................. 97 Performance Report Governance ........................................................................... 100 ........................................................................... Environment 25 Basic Policy and Framework for
    [Show full text]
  • Misguided Teaching in the DCX-MMC Strategic Alliance (Part I)
    論 説 When NOT to Learn: Misguided Teaching in the DCX-MMC Strategic Alliance (Part I) Daniel A. Heller Keywords: DaimlerChrysler Corporation (DCX), Mitsubishi Motors Corporation (MMC), equity alliance, learning alliance, inter-firm learning, organizational capabilities, case study Special Introductory Note: At the time of the writing of this paper, MMC was dealing with its third major corporate scandal in fifteen years. The first two scandals happened in 2000 and 2004 and involved systematic cover-ups of quality issues of MMC vehicles that should have been recalled but were not. The second scandal immediately preceded the effective end of the DCX-MMC alliance, forced the company to undertake a series of major reform initiatives. Yet, in April 2016 MMC admitted again to decades of falsifying results of government-mandated fuel economy measurement tests in Japan. While it certainly does not excuse lying to the government and overstating by a reported 5-10% the listed fuel economy of some of its vehicles sold in Japan, it is important to note that the government- mandated tests themselves are rather misleading from the point of view of the consumer. In Japan, the listed fuel economy of all vehicles has generally been greatly inflated over what an actual user will experience in real-world driving conditions.1 The data in this paper’s Appendix show the fuel economy discrepancies between the posted and actual performance of MMC vehicles does not seem to have been markedly different from that of other Japanese automakers.2 Nevertheless, many have called the most recent MMC scandal an existential crisis.
    [Show full text]
  • REQUEST for CEO APPROVAL PROJECT TYPE: Medium-Sized Project TYPE of TRUST FUND: GEF TRUST FUND
    REQUEST FOR CEO APPROVAL PROJECT TYPE: Medium-sized Project TYPE OF TRUST FUND: GEF TRUST FUND For more information about GEF, visit TheGEF.org PART I: PROJECT INFORMATION Project Title: Energy Efficient Low-carbon Transport in Malaysia Country(ies): Malaysia GEF Project ID:1 5741 GEF Agency(ies): UNIDO GEF Agency Project ID: 120309 Other Executing Partner(s): Ministry of Energy, Green Technology Submission Date: 05/13/2015 and Water (KeTTHA), Malaysia Green Technology Corporation Resubmission Date: 07/13/2015 (MGTC/GreenTech Malaysia) GEF Focal Area (s): Climate Change Project Duration(Months) 36 months Name of Parent Program (if Project Agency Fee ($): $190,000 applicable): For SFM/REDD+ For SGP For PPP A. FOCAL AREA STRATEGY FRAMEWORK2 Trust Grant Focal Area Expected FA Cofinancing Expected FA Outcomes Fund Amount Objectives Outputs ($) ($) Climate Change Outcome 4.1: Cities adopting in Mitigation/ Sustainable transport and urban low-carbon GEF TF 727,500 1,615,000 Transport/ Urban policy and regulatory frameworks programs (CCM-4): adopted and implemented Promote energy Outcome 4.2: Investment efficient, low-carbon Increased investment in less-GHG mobilized GEF TF 1,272,500 27,105,000 transport and urban intensive transport and urban systems systems Total project costs 2,000,000 28,720,000 B. PROJECT FRAMEWORK Project Objective: To catalyze and accelerate widespread use of electric vehicles (EVs) as part of energy efficient low- carbon transport and low-carbon cities initiatives of Malaysia Confirmed Grant Project Grant Trust Cofinancin
    [Show full text]
  • Electric Vehicles | CHINA
    Electric vehicles | CHINA INDUSTRIALS / AUTOS & AUTO PARTS NOMURA INTERNATIONAL (HK) LIMITED NEW Yankun Hou +852 2252 6234 [email protected] THEME Action Stocks in focus We believe that various electric vehicles (xEV) are the ultimate solution for the We believe the EV theme will sustainability of the global auto industry. We think current EV technology is not support BYD’s share price, although sophisticated enough to compete with the internal combustion engine, but can be we find it difficult to see upside from applied to niche markets. Penetration in niche markets will probably depend on here without clearer milestones; CSR government policy. We are cutting our rating for BYD to NEUTRAL (from Buy) on could benefit due to its strong R&D possible slower sales of EV products in 2011 and a demanding valuation. We think ability in EV buses. WATG, Tianneng Power, A123, Ningbo Yunsheng and CSR (NEUTRAL) have exposure to the EV theme. Price Catalysts Stock Rating Price target BYD (1211 HK) NEUTRAL 42.75 40.00 Government policies on EV; auto sales volume. CSR (1766 HK) NEUTRAL 10.78 11.20 Anchor themes Downgrading from Buy. Cutting PT. We think the niche auto market, including buses, taxis, and LSEVs, provides the Closing prices as of 12 January 2011; local currency first entry point for EV producers. So near and yet so far Analysts Yankun Hou +852 2252 6234 Technology ready to take off as a niche product [email protected] We believe the current EV technology cannot compete with the conventional internal combustion engine (ICE) on driving experience, but that it is ready to be Ming Xu applied to niche markets, though the speed of penetration depends on government +852 2252 1569 commitment.
    [Show full text]