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BloombergNEF: battery metals rebounding; by 2030, annual Li-ion battery demand to pass 2TWh

Green Car Congress

Battery metal prices have recovered strongly in the first half of the year, incentivizing new projects to come online. China controls the battery chemical industry, with the biggest market share for all of the five main battery materials: lithium, nickel, manganese, cobalt and graphite.

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Fuel-cell maker Ballard acquires IdaTech’s backup power system product lines, ip and customer base

Green Car Congress

Strategically, it provides Ballard with additional product capabilities with methanol fueled systems and key customer relationships in leading markets for fuel cell commercialization, such as Southeast Asia, the Caribbean and Latin America as well as South Africa. million of Ballard common shares, at a price of US$1.08

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Hyundai begins exports of made-in-India Exter SUV to South Africa

Baua Electric

By: HT Auto Desk | Updated on: 23 Sep 2024, 10:51 AM Hyundai commenced the export of Exter by dispatching the first lot of 996 units to South Africa. Exter will be Hyundai’s eighth model offering in the … Hyundai commenced the export of Exter by dispatching the first lot of 996 units to South Africa.

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Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

Green Car Congress

At the company’s Capital Markets Day 2017 in Johannesburg, South Africa, Sasol management said that the company will no longer pursue its proposed ) project in the US ( earlier post ) and furthermore will not invest in additional greenfields gas-to-liquids (GTL) projects. —Stephen Cornell.

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Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

Bounce Infinity, an electric scooter and removable battery company, has raised $20 million from existing investors, including Sequoia. Co-founder and CEO of the company, Vivekananda Hallekere, confirmed that the Bangalore-based company has completed its first tranche. Hallekere said it was not in talks to sell the company.

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Optimal Energys Joule EV Completes Prototype Phase, Nearing Production

Green Car Congress

Joule, the EV from South African company Optimal Energy ( earlier post ), has completed the prototype phase recently and is nearing the start of volume production, according to the company. The information received from Spot will be implemented in the production of the marketing fleet, which is currently underway.

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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

By 2050, green hydrogen could be the cheapest production method for steel and capture 31% of the market. South Africa and India have good iron ore reserves and the potential to produce a large amount of low-cost clean power. Companies and investors don’t yet appreciate the scale of the changes ahead.

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