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More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.
Elon Musk shared some stock market advice during the Tesla All-Hands keynote for Q1 2025. He went on to say that Tesla has a track record of making great products and will keep producing many more good products in the future. Musk added that there are other companies with great products and services.
BYD and Uzavtosanoat JSC (UzAuto) signed an agreement to establish a joint venture company producing new energy vehicles (NEVs). The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan.
Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. Last year, mergers and acquisitions (M&A) deals reached $24.4 mtpa active and upcoming capacity combined.
Nissan unveiled its prototype production facility for laminated all-solid-state battery (ASSB) cells, which the company aims to bring to market in 2028. This prototype facility, within the Nissan Research Center in Kanagawa Prefecture, is aimed to further promote the development of all-solid-state-batteries.
Cemvita defines Gold Hydrogen as the biological production of hydrogen in the subsurface through the consumption of trapped or abandoned resources. The subsequent field trial was completed in the Permian basin with a partnering company, where the team successfully measured hydrogen concentrations three orders of magnitude above baseline.
A new survey of automakers and Tier 1 suppliers conducted by Ducker Carlisle concludes that as electric vehicles continue to enter the mass market, aluminum demand will grow through the end of the decade. BEV share of production nearly doubled from just under 3% in 2020 to approximately 6% in 2022.
DG Fuels, LLC (DGF), a developer of sustainable aviation fuel (SAF) facilities ( earlier post ), announced the successful closing of investment transactions with two Japanese companies. Additionally, DGF’s production method produces ASTM certified direct replacement fuel with greater fuel density, lower particulate and NO x emissions.
Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. —Mark Freymueller, Senior Vice President and Head of Commercial Vehicle Business Innovation at Hyundai Motor Company. million km as of 30 April 2022.
Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years. Key findings include: Preference for BEVs. LDV ZEV Preferences by Vehicle Type.
Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. The business segment Chemicals & Materials will instead be the growth engine of the company. The company can build on a strong position.
According to the Afghanistan Ministry of Mines and Petroleum, China-based Gochin Companycompany seeks to invest US$10 billion in Afghanistan’s lithium mining sector. Location of the Daykundi tin, tungsten, and lithium area of interest in central Afghanistan as one example.
New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. In 2021 the company took orders, including letters of intent to buy, for more than 1,100 electric trucks worldwide. Volvo Trucks has the largest market share at 42%. Data: IHS Markit.
million to 10 industry-led projects to advance nuclear technologies, including two aimed at expanding clean hydrogen production with nuclear energy. The 50 kW demonstration will prove that high-efficiency syngas production can be achieved at low capital-cost using GRC’s unique thermal-spray-based SOCC technology.
Cummins and Canada-based Buhler Industries , a leading tractor manufacturer under the Versatile brand, signed a letter of intent for plans to integrate the Cummins 15-liter hydrogen engines in Versatile’s equipment to lead the decarbonization of the agriculture market. —Adam Reid, Versatile’s Vice-President of Sales and Marketing.
The company is building on its nearly century-long expertise of school bus manufacturing to expand its zero-emission transportation solutions to the commercial vehicle market. Blue Bird plans to launch production of its Class 5-6 EV chassis in late 2023 at its manufacturing facility in Fort Valley, Ga.
Concurrent with the closing of the round, Till Reuter, former CEO of KUKA, and David Fuller, former CTO of KUKA and current CEO of Artificial, will join the company as independent board directors. Supply chain efficiency and resiliency are top of mind for many companies today. —Kasper Sage, Managing Partner at BMW i Ventures.
which has developed its own integrated subcritical-water organic-waste power-generation system (ISOP) system, which decomposes organic substances using subcritical-water-treating technology and ultimately produces green energy products such as biofuels. The products can be reused as green energy products such as bio-coal, biogas (e.g.,
Infinium’s technology focuses on production of liquid fuel alternatives for industries that are challenged with decarbonization today, such as long-haul trucking, marine and aviation. Electrofuels are ultra-low carbon drop-in fuels that can be used in today’s infrastructure and engines without modifications or upgrades.
NORI’s offshore strategic partner Allseas will test a system consisting of a prototype nodule collector at the seafloor and the riser system to bring nodules to the surface production vessel, Hidden Gem.
Polestar, the Swedish electric performance car company, confirmed plans to put the Polestar electric roadster concept into production. The production car is expected to launch in 2026 as the Polestar 6 electric performance roadster. Interested customers in all active Polestar markets are now able to reserve a build slot online.
Ultra Safe Nuclear Corporation (USNC), a US-based vertical integrator of nuclear technologies and services, Hyundai Engineering and SK E&C are teaming up to conduct research and development for carbon-free hydrogen production. It is also participating in a government-led green hydrogen production demonstration project.
A spokeswoman told Automotive News , We have decided to maintain two shifts of production of Nissan Rogue at Smyrna, keeping more localized volume in the U.S. The company said in a statement, Currently, more than half of our U.S. The company currently has ample inventory at our U.S. that is free of the new auto tariffs.
BBA) joint venture, Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production, announced local production of the NEUE KLASSE in China. Following the market launch in 2025, models of the next vehicle generation will also be produced from 2026 onwards by BBA in Shenyang.
Schaeffler has begun production of its electric wheel hub motors; three manufacturers of compact municipal vehicles are gearing up to incorporate the motors into their production lines in the coming months. They can also be operated for extended hours in residential areas because the disturbance to residents is so much less.
The production of renewable diesel at Neste’s Singapore refinery expansion has been restarted in early August, according to the company’s plans. The production line at the expanded part of the refinery was shut down in June for unexpected equipment repairs. Co-processed marine fuel to Swedish market.
Volvo Group’s Nova Bus is ending bus production in the US market; the company has decided to close its Plattsburgh manufacturing and delivery facility by 2025. The decision to end bus production in the US and focus on Canada will gradually affect full time positions at Nova Bus, by 2025.
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. This manufacturing process has significant potential for CO 2 savings, compared to coal-based steel production in a blast furnace.
A local 5G campus network is now available at its main plant in Wolfsburg that initially covers the main production development center and the pilot hall. The pilot project will test whether the 5G technology meets the demanding requirements of vehicle production with a view to developing this for industrial series production in the future.
Bosch has now begun volume production of its Fuel-Cell Power Module (FCPM) at its Stuttgart-Feuerbach location. Nikola Corporation, based in the United States, will serve as the pilot customer with its Class 8 hydrogen fuel cell electric truck, which is scheduled to enter the North American market in the third quarter of 2023.
Canada-based Aurora Hydrogen, a company developing emission-free hydrogen production technology, has raised $10 million in Series A funding led by Energy Innovation Capital. There is an accompanying need to develop new low-cost and low-carbon technologies for hydrogen production. T in 2025, according to the Hydrogen Council.
Idemitsu Kosan, one of Japan’s leading producers and suppliers of energy, has launched a feasibility study of clean hydrogen production in Japan generated from waste, including municipal waste. The goal is to launch a first hydrogen production facility around 2030 capable of processing 200-300 tons of waste per day.
The agreement is conditional on Magnis securing a final location for its commercial AAM facility by 30 June 2023, producing AAM from a pilot plant by 31 March 2024, commencing production from the commercial AAM facility by 1 February 2025, and customer qualification. Earlier post.) Earlier post.)
The company’s North and South American operations will be based there. Octillion also has relocated a battery manufacturing line from its previous facility in Hayward, California, where the company has operated since its founding in 2009. Octillion’s Caspian pack—one of its products—is a 660V/88.9 —Paul Beach.
The automotive market has felt out of whack for quite some time. But consumers are tapped out and starting to notice theyre arguably getting less vehicle for their money than they used to and there is a wealth of data suggesting that the market is sincerely starting to struggle. But the outlook for 2025 hasnt been quite as rosy.
Most cars come listed with photos, production history, relevant features, specifications, and a short description of why it was relevant to BMW. In fact, the company already offers something similar for its Motorrad division (motorcycles). In fact, the company already offers something similar for its Motorrad division (motorcycles).
Amid all the doom and Boomer gloom about EV sales (as Ive mentioned before, a shocking proportion of Boomers/Old People seem to be scared and angered by electric cars), I was stunned to learn recently that BMW buyers, and their close relatives in the Mini market, are snapping them up at an incredible rate.
As per factory manager Andr Thierig, Giga Berlin is currently aiming to return to its optimal production output, which was throttled when the plant shifted to the new Model Y. Return to Production The Giga Berlin plant manager noted that the facility is ready to ramp its production of the new Tesla Model Y.
But there have been endless rumors , and even public speculation from upper management , that the company wanted to correct that mistake and restore some goodwill with ardent Mopar fans. CEO Carlos Tavares announced his departure from the company late in 2024. liter V8, but also the 6.4-liter Dundee presently builds the 2.4-liter
General Motors plans to invest $632 million in Fort Wayne Assembly to prepare the plant for production of the next-generation internal combustion engine (ICE) full-size light-duty trucks. This investment will enable the company to strengthen its industry-leading full-size truck business.
EE North America intends to construct a Power-to-X facility in Texas that would take the biogenic CO 2 from Montauk’s locations and use it in the production of e-methanol. The company has current operations at 15 operating projects located in California, Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina and Texas.
Following the start of series production of fuel cells in December 2022, the Danish fuel cell developer and manufacturer Blue World Technologies is now launching the CellPack Stationary, a methanol fuel cell-based power generator.
BMW has begun fuel cell system production at the company’s competence center for hydrogen in Munich. The two companies have been collaborating on fuel cell drive systems since 2013. A small series of BMW iX5 Hydrogen cars will be entering service around the world from the end of this year for test and demonstration purposes.
Shanghai Metals Market data pointed to a supply deficit of 1,361 tonnes in July, swinging from the supply surplus in the prior month as the re-opening of the Chinese economy and cash subsidies for new energy vehicles lifted car manufacturer’s demand. Source: Trading Economics. Lithium carbonate is forecast to trade near its high.
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