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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 production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces. Source: BloombergNEF.

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China is exporting so many EVs that it needs more ships – a lot more

Baua Electric

Chinese EV makers are looking to export electric vehicles by the tens of thousands around the globe, but they need a lot more car-carrying vessels to make that happen. Yet, the current state of affairs is rapidly changing, with Chinese companies putting 47 ships on order, which accounts for a quarter of all orders globally.

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BYD’s luxury brand unveils its first sedan, the sleek U7, with over 1,000 horsepower

Baua Electric

But it won’t be cheap. Less than a month ago, BYD launched the Song L electric SUV. According to a report from Chinese research firm CarFans , the electric SUV scored over 8,000 orders in its first three days on the market. The company also revealed its e4 Platform platform, saying all new models will be based on it.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Source: Wood Mackenzie Asia Pacific Power & Renewable Services According to Wood Mackenzie’s latest analysis of the levelized cost of electricity (LCOE) for the Asia Pacific (APAC) region, the LCOE from renewables reached a historic low in 2023.

Asia 52
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10 Graphs That Sum Up the State of AI in 2023

Cars That Think

Large language models don’t come cheap While the power of large language models, like ChatGPT , has increased dramatically, the price of training such models has increased dramatically as well. And of all machine learning systems, language models are sucking up the most computing resources. percent of all AI Ph.D.’s In the U.S.,

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EV Guru: Sodium-Ion Batteries are Coming Sooner Than You think!

Plug In India

In India, OLA Electric and Tata group have plans to make cells at a large scale. Demand for the element is so great for applications including electric vehicles, portable electronic devices, and stationary energy units, that lithium mining companies are struggling to keep up. But Lithium has a fundamental problem.

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EV ute overload: The electric pickups coming soon

EV Central

Not everyones convinced there’s a market for them all, but that doesn’t seem to have dulled enthusiasm. litre turbocharged four-cylinder petrol engine with two electric motors, providing about 100km of EV range as well as the ability to travel further on petrol. Around 2025 there’s also a full battery electric version due.

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