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GKN order book for electric driveline technologies totalled $2.8 billion by end of 2017

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billion) by the end of 2017 following a series of significant program wins with major global automakers. million) in 2017 to £200 million (US$277.1 million) in 2017 to £200 million (US$277.1 As of 31 December 2017, GKN’s order book relating to eDrive was £2 billion following a number of major program wins.

2017 170
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Novelis to acquire downstream aluminum producer Aleris for ~$2.6B; meeting automotive demand, expanding into aerospace

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the leading producer of flat-rolled aluminum products and the world’s largest recycler of aluminum, has signed a definitive agreement to acquire Aleris Corporation, a global supplier of aerospace and automotive rolled aluminum products, for approximately $2.6 Novelis Inc., billion including the assumption of debt.

Kentucky 170
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Ballard reaches agreement for $44M order with Weichai-Ballard JV to support initial fuel cell vehicle deployments in China

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Weichai’s commitment to support the deployment of 2,000 FCEVs in China is the largest to date globally. Since the closing of our strategic collaboration, we have been moving very quickly together to prepare the Weichai-Ballard JV manufacturing facility for the assembly of Ballard fuel cell stacks and modules.

China 186
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BMW opens new Shanghai R&D center; focus on human-machine interaction and hardware-software integration

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Within BMW Group’s global R&D network, China is the only country outside Germany with full-process R&D capabilities. The BMW Group established its first battery center outside of Germany with full battery capabilities in China in 2017. The Shenyang R&D Center has a global-leading EMC laboratory.

BMW 370
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. Batteries accounted for 27% of global lithium consumption in 2012, up from 15% in 2007 and 8% in 2002. In 2012, East Asia accounted for 60% of total global consumption with Europe accounting for a further 24% and North America 9%.

Market 296
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Ballard enters strategic partnership with Weichai Power; 19.9% stake in Ballard and new JV; fuel cell commercial vehicles

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Established in 2002 and with listings on the Hong Kong and Shenzhen stock exchanges, Weichai Power Co., is a leading automotive and equipment manufacturer specializing in the production of powertrains, automobiles, intelligent logistics, automotive parts and components.

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EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

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China is the global leader in methanol use and has recently expanded its methanol production capacity. Source: EIA and Argus Media group, China Methanol to Energy Study , January 2017. China has abundant coal resources, and for more than a decade the country has increased its capacity to manufacture methanol using coal as a feedstock.

2000 150