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The US just financed a $1.2B EV lithium-ion battery separator factory in Indiana

Baua Electric

billion loan from the US Department of Energy’s (DOE) Loan Programs Office to build a lithium-ion battery separator factory in Terre Haute, Indiana. DOE estimates that by 2030, the North American lithium-ion EV battery industry will require annual separator production of 7 to 10 billion square meters. Get started here.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

He argued that rapidly growing production outside OPEC made the existing status quo unviable, and that lower prices in the short term would increase prices in the longer term through reduced investment and ultimately benefit all OPEC members. Saudi Arabia increased production by 6.8 million barrels per day in June. percent in 2016.