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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Most of this growth is driven by an ever increasing demand for electric vehicles. Manufacturing the additional 2.7

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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

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Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. Increasing future sales for BEVs will rely on companies improving awareness of their product. A growing consumer awareness led to an increased desire to have them in vehicles.

Global 429
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Blink Charging Celebrates Women in the Electric Vehicle Industry

Blink Charging

March is Women’s History Month in the United States, and at Blink Charging we’re celebrating by highlighting the invaluable contributions of women to the electric vehicle (EVs) and electric vehicle charging field. We’re witnessing a growing trend of women taking on active roles in the EV industry. and beyond.

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Direct lithium extraction company EnergyX secures $20M in funding commitments

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Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.) tons by 2040.

Companies 448
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Cadillac CELESTIQ to be built at GM’s Global Technical Center

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General Motors will invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ ( earlier post ). 3D Printer at GM Additive Industrialization Center. 3D Printer at GM Additive Industrialization Center. Cadillac CELESTIQ show car.

Cadillac 435
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Thailand’s EV industry growing rapidly

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The Thailand Board of Investment announced that Thailand has received more foreign direct investment supporting the country’s growing electric vehicle production ecosystem. With a population of more than 645 million consumers in ASEAN alone, the EV industry is projected to grow more as demand across the rest of Asia increases.

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bp ventures invests $10M in waste-to-biomethanol company WasteFuel; offtake MoU

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bp ventures has committed $10 million, leading the Series B investment round, in WasteFuel , a California-based biofuels company that will use proven, scalable technologies to convert bio-based municipal and agricultural waste into lower carbon fuels, such as biomethanol. billion metric tons by 2050.

Waste 284