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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. The steel industry cannot afford to wait for the 2040s to start its transition. South Africa and India have good iron ore reserves and the potential to produce a large amount of low-cost clean power.

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UC Davis, ITDP study suggests global shift to public transport, NMT and away from cars could save $100T through 2050 and cut GHGs

Green Car Congress

The study found that the High Shift scenario could save more than $100 trillion in public and private capital and operating costs of urban transportation between now and 2050 compared to the baseline scenario. Overall, the total costs of the baseline between 2010-2050 are roughly $500 trillion ($200T in OECD and $300T in non-OECD countries).

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IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

Green Car Congress

The Europe, Middle East and Africa (EMEA) region will account for the largest share of production at more than 40%, with the Americas and Asia-Pacific each making up about 30%. Because of this, carmakers can afford to put larger batteries into their vehicles and reduce range anxiety. share for PEVs in the global market this year.

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Noco-Noco and Greenfuel sign MoU for Li-Ion battery longevity technology – ET Auto

Baua Electric

Greenfuel will also spearhead marketing and sales activities in India and Africa, catering to a diverse range of applications including Drone as a Service (DaaS) and Battery as a Service (BaaS) for solutions such as battery swapping. million EVs fall under the two- or three-wheeler categories.

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CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

Cyclonatix, Inc is developing an industrial-sized motor/controller to operate with either DC or AC power sources, for applications in electric vehicles, solar-powered pumps, HVAC&R, gas compressors, and other commercial and industrial machines which require high efficiency, variable speed/torque, and low cost. the cost of energy storage?by

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