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The number of hydrogen stations deployed globally has surpassed the 1,000-mark, according to a study by Information Trends. China represents roughly one-third of global deployments, but the US lags far behind with less than 100 hydrogen stations.
The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6
The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).
China continues to dominate gigafactory announcements, but North America and Europe have seen significant growth over the past two years thanks in part to automaker and battery manufacturer joint ventures. In 2031, China is set to have almost 4,500 GWh of gigafactory capacity, representing 70% of global capacity.
Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The rebound of global CO 2 emissions above pre-pandemic levels has largely been driven by China, where they increased by 750 million tonnes between 2019 and 2021. China was the only major economy to experience economic growth in both 2020 and 2021.
A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.
The BMW Group continues to broaden its portfolio of electrically powered vehicles with the addition of the fully electric BMW 3 Series, which will enter the Chinese market in May 2022. The BMW i3 eDrive35L is based on the successful BMW 3 Series, which led the premium-compact segment in China in 2021. plant in Lydia, Shenyang.
With the launch of the enhanced model, Hyundai plans to accelerate the global roll-out of its heavy-duty fuel cell truck. Hyundai Hydrogen Mobility, a joint venture between Hyundai Motor and H2 Energy, is working on the introduction of XCIENT Fuel Cell in other European markets.
Magna continues its growth in electrification with secondary eDrive systems hitting the market in Asia, Europe and North America on Volkswagen’s MEB platform. HME) team in China has started high-volume serial production of secondary eDrive systems for the Volkswagen ID.4 The HASCO Magna Electric Drive Systems Co.,
The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year. China was the only major economy that grew in 2020.
Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 million all-electric vehicles a year based on the MEB in the future at its sites in Europe, the US and China. 4’s start-up is on schedule, despite the global challenges during the two-year conversion phase.
The newly formed company has four sites in Hunan and Ningxia, China, with more than 1,600 employees. The joint venture will primarily focus on the rapidly growing electric vehicle (EV) market, while continuously serving global consumer electronic and energy storage segments.
Honda last week held a virtual press conference on its electrification strategy in China. All new models Honda will introduce in China after 2030 will be electrified—hybrids (HEVs) and EVs. All new models Honda will introduce in China after 2030 will be electrified—hybrids (HEVs) and EVs. e:N series.
China has more than tripled nuclear generation in six years, from 105 TWh in 2013 to 330 TWh in 2019, and is now responsible for more than half of nuclear generation in Asia. Other key findings from the report: Six reactors started up in 2019, four large PWRs commenced operation, one in South Korea, one in Russia and two in China.
The partnership will further allow both parties to benefit from a global manufacturing presence and service networks to support customers in local markets. Headquartered in Beijing, JJE has technical centers and production facilities in the United States and China including Michigan, Shandong, and Shanghai.
Volkswagen Group China has begun construction of an all-new MEB plant at Volkswagen Anhui. The third of the Group’s pure-electric vehicle manufacturing facilities in China, following completion of the Anting (SAIC VW) and Foshan (FAW-VW) plants, the Volkswagen Anhui plant will be powered by green energy from day one.
Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. However, the study reveals there has been an increase in interest in the US and Chinese markets. Source: Ipsos. Those consumers who are more familiar are more likely to consider a BEV.
Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., FCRD's primary business will be the development of fuel cell systems for commercial vehicles to contribute to the realization of a clean mobility society in China.
Octillion Energy, a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems, has achieved the milestone of shipping more than 1,500 battery packs a day and expects to hit 2,000 packs per day this month. Octillion Power Systems’ factory in Hefei, China.
Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain.
The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel?
According to the latest report from the United Nations (UN), the global population in 2018 was 7.6 By 2050, the global population is expected to soar to 9.7 Pearl River Delta (PRD) and Beijing in China, São Paulo in Brazil). The findings also revealed rapid urbanization of large cities in China in the last two decades.
The United States is the third-largest electric vehicle (EV) producer behind China and Europe; a new study from the International Council on Clean Transportation (ICCT) finds that the gap has widened. Based on company announcements through 2020, about 5% of this global total is actively being invested in local US assembly plants.
There are also other companies in China that offer models with battery swap support, but for the taxi market. Nio has 1071 swap stations in China as of August 2022 but is gearing up to expand its sales and swap station facilities across Europe. Swapping to become more efficient by using smaller batteries.
Pony.ai, a global autonomous driving technology company, announced it is the first autonomous driving (AD) company to obtain a taxi license in China. is now the sole company approved for AD commercialization services in two Tier-1 cities in China. In May, Pony.ai With successful commercialization in Beijing and Guangzhou, Pony.ai
A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. Source: IDTechEx.
Volvo Cars achieved its eleventh consecutive month of sales growth as the company’s global sales increased by 43% in May, compared with the same month last year. In China, where sales returned to growth around this time last year, the company reported a steady increase of 11.7%. Globally, Recharge cars accounted for 23.7%
BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.
In combination with BYD’s existing global EV and eBus manufacturer status, this meets Benchmark’s requirements to promote the company to Tier One status. Data from Benchmark’s latest Lithium ion Battery Megafactory Assessment shows that BYD will have 170 GWh of capacity in the pipeline 2025, all of which will be concentrated within China.
As part of this effort, by the early 2030s every all-new Nissan vehicle offering in key markets—Japan, China, the US and Europe—will be electrified. The company’s electrification and emissions reduction efforts support the aims of the UN Paris Agreement on climate change and global progress toward carbon neutrality by 2050.
The Wall Street Journal reported that China will create one of the world’s largest rare-earths companies with the aim of maintaining its dominance in the global supply chain of the strategic metals as tensions deepen with the US. of China Ltd. I.e., even rare earths mined overseas are sent to China for final processing.
A study by researchers in Australia and China has determined that global food-miles account for nearly 20% of total food-systems emissions; moving fruit and vegetables in refrigerated vehicles is particularly emissions-intensive. Food trade plays a key role in achieving global food security. GtCO 2 e (3.5–7.5 GtCO 2 e (3.5–7.5
China is on track to have the largest nuclear power generation fleet of 93GW and is set to overtake the US by 2026, according to research and analytics company GlobalData. China alone is set to account for more than 50% (83GW) of the new capacity built, followed by India with 8.9% (14.5GW) and Russia with 6.4% (10.5GW).
Octillion Power Systems, a global provider of advanced lithium-ion batteries, has moved to a new US headquarters in Richmond, California. Octillion is a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems. Earlier post.) kWh system using prismatic NMC cells.
Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai believes China has a massive potential for hydrogen powered commercial vehicles. Hyundai believes China has a massive potential for hydrogen powered commercial vehicles.
Data from Benchmark Mineral Intelligence’s Cathode Forecast shows that China is set to extend its dominance of cathode production by 2030, increasing its share of production from 78% in 2022 to 87% in 2030. China’s output of cathode active materials increased more than four times between 2018 and 2022. times in the same period.
BYD announced the official launch of its Han EV series, the brand’s long-awaited flagship offering for the global mid-to-large luxury sedan market, including three pure electric models and one hybrid model. The Han EV will be sold in China at first.
Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).
Their paper tracks fossil fuel usage and government subsidies since the the 2009 G20 summit, during which representatives from 20 countries discussed global financial and socioeconomic issues and agreed to “phase out and rationalize over the medium term inefficient fossil fuel subsidies.”. Costs ranged from a low of 0.3%
Buick will introduce its first electric vehicle in China developed on GM’s Ultium platform later this year. The announcement came shortly after GM announced plans to roll out more than 15 Ultium-based models in China by 2025, and reinforced its commitment to making electric vehicles more connected and intelligent.
A range of devices and machines rely on rare earth elements that are mined and refined largely in China. Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in globalmarkets is limited. China dominates the global rare earths market.
Westport Fuel Systems plans to expand its global manufacturing footprint in China in support of future growth of Westport’s hydrogen componentry business and other alternative fuel system technologies. —David M.
Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Global consumption of lithium in 2021 was estimated to be 93,000 tons, a 33% increase from 70,000 tons in 2020. Lithium is expected to trade at 484,185.00
GWh of passenger EV battery capacity was deployed onto roads globally in 2021—a 113% increase over 2020—as battery-electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) sales surged year-over-year, according to Adamas Intelligence. By cell supplier, China-based CATL took the lead in 2021 with a record 87.8
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