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BNEF: China dominates the Li-ion battery supply chain, but Europe is on the rise

Green Car Congress

China dominates BloombergNEF’s (BNEF) lithium-ion battery supply chain ranking in 2020, having quickly surpassed Japan and Korea that were leaders for the majority of the previous decade. In 2020, Japan and Korea rank number two and three respectively. —James Frith, BNEF’s head of energy storage.

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Slowing EV uptake may delay Panasonic’s EV battery expansion, says CEO – ET Auto

Baua Electric

Panasonic, whose energy unit makes batteries for Tesla , is closely watching its Chinese supply chain and battery material procurement following China’s move last year to tighten graphite export controls, Yuki Kusumi said. A slowdown in the take-up of electric vehicles in the U.S. Panasonic Energy has a battery factory in the U.S.

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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

Efforts to decarbonize steel production are central to the net-zero aspirations of China, Japan, Korea and the European Union. But continuing to build new coal-fired plants will leave producers with only bad options toward a net-zero future by 2050. Source: BloombergNEF.

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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

Back in September, the EU launched an investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the EU. China last year overtook Japan as the world’s biggest car exporter ­– but most of those were ICE vehicles sold to Russia.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Solar is cheapest and falling The significant drop in solar power costs, by 23% in 2023, signals the end of supply chain disruptions and inflationary pressures. New-build solar project costs are expected to fall by another 20% by 2030 due to lower module prices and an oversupply from China.

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11 Intriguing Engineering Milestones to Look for in 2023

Cars That Think

A Sea-Monster-Proof Internet The initial segment of what will be the first underwater fiber-optic link to skirt the North Pole, connecting Japan and Europe, will light up in early 2023. It’s about one-twentieth the size of the minibus-scale geostationary satellites already in orbit, allowing for cheap and quick deployment.

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Saudis Expand Price War Downstream

Green Car Congress

With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? The crude is so cheap it’s pretty much free for them, the margins are going to be massive. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy.