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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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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.

Companies 430
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Chinese company reportedly seeks to invest $10B in Afghanistan’s lithium mining sector

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According to the Afghanistan Ministry of Mines and Petroleum, China-based Gochin Company company 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.

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Vaekstfonden and DEUTZ AG invest €15M in methanol fuel cell company Blue World Technologies

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Vaekstfonden, the Danish Growth Fund, and the German engine manufacturer DEUTZ AG, are investing €15 million in methanol fuel cell company Blue World Technologies. The aim is to bring the company’s green fuel cell products and solutions to the global market. million in the company.

Companies 446
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Cemvita demonstrates “gold hydrogen” production in situ, sets up subsidiary

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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.

Hydrogen 482
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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Nissan unveils prototype production facility for all-solid-state batteries

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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.

Nissan 516
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SAF company DG Fuels closes investments with two Japanese companies

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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.

Companies 370
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Faurecia and Accenture partner on products and services for connected and autonomous vehicles

Brief (..)