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Suzano, Arauco's new pulp mills in Brazil will turn Mato Grosso do Sul into global pulp hub, with local investments of more than 34B Brazilian reais; overall pulp production in Brazil was 22.5 million tonnes in 2021, 20% of which was in Mato Grosso do Sul

GlobalData forecasts Chinese OTC health-care market to grow at CAGR of 3.3% to US$29.3B in 2026, driven by growing aging population, rapid urbanization and e-commerce boom; market will be primarily led by ‘indigestion preparations’ category

VW, Siemens invest US$450M in EV charging network company Electrify America, making Siemens minority shareholder; investment to double Electrify America’s North American charging infrastructure to 10,000 fast chargers at 1,800 locations by 2026

EV maker Mullen Automotive retrofitting Monrovia, California, battery R&D facility to make battery-packs to support growing line of EVs; global EV market projected to reach US$980B by 2028, with CAGR growth of 24.5% from 2022 to 2028

TrueCar expects total new vehicle sales in June to drop 14% from a year ago to 1,166,569 units, down 3% from May; demand for new EVs grows rapidly as fuel prices soar, with sales leads up more than 100% from a year ago

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