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

Green Car Congress

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. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said.

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Polestar takes $1.6 billion loan to achieve growth targets

Teslarati

Polestar announced today it received financing from two major shareholders, totaling $1.6 The global economy is in a tumultuous period, especially in Europe, where energy issues continue to run rampant. No financing deals have been reported with the bank yet. billion, to achieve its future growth targets.

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Volvo dealers: Have to sell plug-in hybrids or “we will die”

Baua Electric

.” 2025 Volvo XC90 In the next decade, Volvo will focus on supplying plug-in hybrids in the U.S. ” A recent Bloomberg New Energy Finance report estimated that plug-in hybrids will peak at 10% of global new-car sales in 2030, after which sales are expected to fall as lower battery prices make EVs less expensive. .”

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Clean Energy to build new CNG stations for multiple transit agencies and large school district; agreements with trucking, refuse and others

Green Car Congress

Clean Energy Fuels Corp. NICE has awarded Clean Energy the contract to design, build and operate and maintain a new CNG station that will, upon completion, replace its existing Mitchel Field station, and operate and maintain the existing CNG stations. Clean Energy has been contracted by W.M. Schlosser Co.

Clean 150
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Osage Bio Energy: Winter Barley Ethanol as Advanced Biofuel for RFS-2

Green Car Congress

Osage Bio Energy (OBE) is a Virginia-based company that will use regional grain, primarily winter barley, to produce ethanol and high value co-products for East Coast markets via a fairly conventional pathway of converting starch to sugar, followed by fermentation. Osage Energy Annual Plant Production. Click to enlarge.

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