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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. Diversifying the global supply chain would require significant investment from regions such as Europe and North America, according to the latest Battery Metals Outlook from research company BloombergNEF.

Li-ion 300
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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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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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Volkswagen Polo production ends in Europe to prep for smaller, more affordable EVs

Baua Electric

3 with starting prices under 25,000 euros ($27,500). However, production has been moved to its Kariega, South Africa plant. Volkswagen will also continue building T-Cross and Taigo models in Spain, the company confirmed. We got our first look at the small SUV last year after Volkswagen unveiled the ID.2all 2all concept.

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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.

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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 Industrial Development Corporation of South Africa (IDC), as potential investor, is party to this Memorandum.