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Chile President Gabriel Boric announced that his government will nationalize the country’s lithium industry, with the objective of increasing wealth for the country, and developing a key industry as a fundamental step to link Chile’s economic development with the change towards a green economy at a global level.
Canada has released a list of 31 minerals considered critical for the sustainable economic success of Canada and its allies—minerals that can be produced in Canada, are essential to domestic industry and security and have the potential to support secure and resilient supply chains to meet global demand. —Seamus O’Regan Jr.
A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East. —study co-author Olivia Williams.
In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.
Magna continues its growth in electrification with secondary eDrive systems hitting the market in Asia, Europe and North America on Volkswagen’s MEB platform. HME is the global supplier of secondary eDrives for Volkswagen’s all-wheel drive MEB models with power greater than 185 kW. The HASCO Magna Electric Drive Systems Co.,
New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. The international trucking industry is undergoing a transformation towards more sustainable transport as sales of heavy battery electric trucks are starting to pick up, with Europe in the lead.
The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. The space industry is one of the world’s fastest growing sectors.
The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6
The company is actively targeting the rapidly growing CNT market, widely used as the material for cathodes in electric vehicle batteries. The CNT produced at this plant will be supplied to market-leading global electric vehicle battery companies as a conductive additive.
A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories.
A study led by Norwegian climate center CICERO has found that the global warming effect of leaked hydrogen is almost 12 times stronger than that of CO 2. Rather, it is the leaking of hydrogen from production, transportation and usage that adds to global warming. A global warming potential of 11.6 Skeie, R.B., Sandstad, M.
Nuvera Fuel Cells, LLC, a provider of fuel cell power solutions for motive applications, is teaming with DD DANNAR, LLC (DANNAR) on an integration project to develop hydrogen fuel cell power solutions to markets in need of clean power options that may include municipalities, fleets, military applications, agriculture and mining.
During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)
AW-Energy Oy is entering the commercial hydrogen market by introducing a combined WaveRoller and HydrogenHub process for the production of green hydrogen. From an industry, technology and political perspective, we see no barriers to achieving this. —Christopher Ridgewell.
New WHO has issued new Global Air Quality Guidelines (AQGs) that reduce levels of key air pollutants, some of which also contribute to climate change. Since WHO’s last 2005 global update, there has been a marked increase of evidence that shows how air pollution affects different aspects of health. WHO global air quality guidelines.
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. Over the coming years, Boston Metal plans to expand the new method for steel production on an industrial scale.
This relationship builds on a previously signed development agreement between Chart and Nikola to work together to develop innovative solutions for the hydrogen electric vehicle market.
To support these developments and be able to offer a complete and competitive Renault Trucks range on the market, the company is setting up an organization dedicated to electric mobility. To help meet the Paris Agreement’s goal of limiting global warming to less than 1.5 Preparations are underway to market a Z.E. D Wide Z.E.
The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.
As part of this effort, by the early 2030s every all-new Nissan vehicle offering in key markets—Japan, China, the US and Europe—will be electrified. The company’s electrification and emissions reduction efforts support the aims of the UN Paris Agreement on climate change and global progress toward carbon neutrality by 2050.
eFuels company HIF Global ( earlier post ) and Siemens Energy reached an agreement under which Siemens Energy will supply electrolyzers to the HIF Matagorda eFuels Facility. We face a time of incredible expansion in hydrogen production amid global supply chain challenges.
Therefore, automakers are committing operational investments of nearly US$600 billion to secure their position in the future automotive market, according to GlobalData, a leading data and analytics company. and is an innovation leader with the highest number of patents filed amongst other global automakers. —Bakar Sadik Agwan.
Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. The deficit forecast for 2023 was revised to 0.2
New Zealand-based Fabrum and Chart Industries have formed a strategic partnership to collaborate on the manufacture and sale of Micro-Scale Liquefiers for hydrogen and other gases. The collaboration targets the rapidly increasing demand for liquefaction systems as industries work to decarbonize and transition to new energy sources.
These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. Of course, this logic is correct only from a global planner’s point of view, where the planner puts equal weights across individuals.
Israel-based Foresight Autonomous Holdings, a developer of automotive vision systems, has signed a paid proof-of-concept (POC) project with the Chinese subsidiary of one of the world’s leading manufacturers of industrial equipment, heavy machinery, construction and mining equipment.
In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.
a designer and manufacturer of electrolyzers, recently signed a memorandum of understanding (MoU) with Black & Veatch, a global engineering, procurement, consulting and construction company, to offer a complete and integrated solution for producing large-scale green hydrogen for industrial customers. Next Hydrogen Solutions Inc.,
NuScale Power, along with Shell Global Solutions (Shell) and industry participants will develop and assess a concept for an economically optimized Integrated Energy System (IES) for hydrogen production using electricity and process heat from a NuScale VOYGR small modular reactor (SMR) power plant.
The Concept EV9 hints at Kia’s next model in the dedicated BEV line-up based on the Electric Global Modular Platform (E-GMP) architecture, following in the footsteps of the Kia EV6 ( earlier post ). Achieving full electrification in major markets by 2040. Rendering of Concept EV9. Earlier post.).
Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrialmarkets. Meritor is an industry leader in axle and brake technology. —Tom Linebarger, Chairman and CEO, Cummins.
Currently, it mainly develops and produces large volumes of chips on 200-millimeter silicon wafers for applications in the mobility, telecommunications, energy, and life sciences industries. Above all, the global ramp-up of electromobility is resulting in huge demand for such special semiconductors.
Global technology and power solutions leader Cummins Inc. Here we are seeing how green hydrogen can improve sustainability for industrial manufacturing and how the demand for decarbonized hydrogen solutions will grow. The Cummins electrolyzer system is installed at the Air Liquide hydrogen production facility in Bécancour, Québec.
The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market. Rising global demand for electric vehicles and economic energy storage systems has led to projections showing an orders-of-magnitude increase in demand for lithium. Earlier post.) tons by 2040.
The Refining & Marketing business is to become a leading European provider of sustainable fuels, feedstock, and mobility solutions. Driven by Asian markets, global demand for virgin polyolefins is expected to grow above global GDP by 2030. Refining & Marketing. The company can build on a strong position.
The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel? —Baker Institute report Need Nickel?
Following successful field trial results, Cemvita has created a wholly owned subsidiary for the Gold Hydrogen business, Gold H2 LLC (GH2), and subsequently raised and closed funding into the entity, led by founding investors Chart Industries and 8090 Industries. billion in 2020. It is growing at a CAGR of 54.7% billion by 2028.
has entered into a strategic partnership with Curbtender , a market leader in Under CDL (vehicles that do not require a Commercial Drivers License) refuse trucks and a pioneer in automated side-loader collection. XL Fleet Corp. Refuse collection trucks travel 25,000 miles annually on average and contribute around 1.4%
Despite comprising just 4% of vehicles, buses and trucks contribute 40% of global transport emissions, making their rapid electrification a vital step in the decarbonization process. Another example of HVC360’s global near-term potential can be found in the haulage industry. of the truck market as a whole.
Aeva , a company building next-generation sensing for autonomous vehicles ( earlier post ), and ZF are partnering to bring the first Frequency Modulated Continuous Wave (FMCW) LiDAR to market for autonomous driving applications. We have seen that different markets require different solutions. Earlier post.).
The report, Opportunities for hydrogen in commercial aviation , which had technical input and funding from The Boeing Company, finds that growing hydrogen industry momentum could provide an opportunity to introduce hydrogen for niche airport applications (such as ground support equipment) as early as 2025. —Dr Marshall.
Unifrax, a global manufacturer of high-performance specialty materials, plans to build its first large-scale SiFAB (silicon fiber anode material) manufacturing line at its north central Indiana facility. The proven industrial-scale processes eliminate supply chain concerns over mass adoption. Source: Unifrax.
Copper prices plunged 27% to a low of US$4,617/t in late March as the global impact of COVID-19 became apparent, but copper stabilized and then began to rise, completing a full recovery to its January starting point by the end of July. (By 10 December, that dropped back to $7,712/t.) Copper prices since 1 Jan 2020.
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries.
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