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DOE Critical Materials Institute selects four projects to support critical materials supply chain innovation

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The US Department of Energy’s (DOE’s) Critical Materials Institute (CMI) announced selections totaling up to $4 million for four research and development projects to partner with industry to address challenges in establishing domestic supply chains for critical materials. This new process could reduce U.S.

Supplies 334
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IDTechEx: EV market doubles down on permanent magnets despite material costs

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This has been especially true for the rare earth materials used in the manufacturing of electric motors for electric vehicles (EVs). The price of neodymium has remained fairly constant from 2013-2020, but 2022 saw a very sharp rise to its peak in February at 3.8 times higher than it was between 2013-2020.

Market 259
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s. trillion of that going to wind and solar and a further $1.5 However, coal consumption was also up, growing for the first time since 2013.

Wind 220
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President Obama announces two new public-private manufacturing innovation institutes; new manufacturing innovation institute competition

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Obama also launched a competition for a new manufacturing innovation institute to build US strength in manufacturing advanced composites, the first of four new competitions to be launched this year. Lightweight And Modern Metals Manufacturing. performing metals and alloys by removing technological barriers to their manufacture.

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Norwegian startup Blastr plans €4B green steel plant in Finland

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Green steel will be a critical raw material for developing renewable energy infrastructure, such as wind turbines, as well as in segments such as construction, the automotive industry, and consumer goods. —Hans Fredrik Wittusen, CEO of Blastr Green Steel. Currently, one ton of steel produced creates about 1.9 tonnes of CO₂.

Finland 437
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200,000 BMW i3 EVs produced in Leipzig over nearly 7 years

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With the start of production in 2013, the plant in Saxony became a pioneer and centr†e of excellence for sustainable mobility. State-of-the-art manufacturing processes ensure that the body construction and assembly of the BMW i3 in Leipzig takes only about half the time required for conventional vehicles.

BMW 418
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Topping-out ceremony for the Audi e-gas plant; synthetic methane production to begin in early 2013

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As such, it can be distributed to CNG stations via the natural gas network and will power vehicles starting in 2013. This compact five-door car will arrive at dealerships in late 2013. As owner, Audi is constructing the plant in cooperation with equipment manufacturer SolarFuel GmbH.

Audi 301