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The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).
Under the new plan, the company aims to boost annual global BEV sales to 1.87 million units and secure 7% of globalmarket share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. Optimizing EV manufacturing capacity. New IMA architecture.
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.
Unifrax, a globalmanufacturer 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. SiFAB can be mixed into anode slurry with existing battery manufacturing processes. Source: Unifrax.
China’s largest manufacturer specialized in two-wheel vehicles, Yadea has more than 50 million users in 80-plus countries around the world. 01(Huan Dian Shou 01), an electric motorcycle released by Yadea Group Holdings Ltd. in October 2021.
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 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.
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.
LG Chem has launched the largest carbon nanotube (CNT) manufacturing plant in Korea. The company is actively targeting the rapidly growing CNT market, widely used as the material for cathodes in electric vehicle batteries. million)—was completed and has begun commercial operations.
billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 9 projects in the component manufacturing segment of the supply chain. The awardees are: Component Manufacturing (Anode).
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.)
StoreDot, a developer of extreme fast charging high energy batteries for electric vehicles, announced that its XFC batteries and systems are now being tested by more than 15 global automotive brand manufacturers, and that it has additional potential manufacturing partnerships in the pipeline for this year.
“Life cycle” includes raw material extraction, manufacturing, use, and the recycling or reuse of end-of-life vehicles. 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.
China continues to dominate gigafactory announcements, but North America and Europe have seen significant growth over the past two years thanks in part to automaker and battery manufacturer joint ventures. In 2031, China is set to have almost 4,500 GWh of gigafactory capacity, representing 70% of global capacity.
A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. Source: IDTechEx.
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.
The BMW Group is stepping up its activities in the field of sustainability, becoming the first automotive manufacturer worldwide to equip its cars with tires using certified sustainable natural rubber and rayon, a wood-based material used to strengthen the tires. Small farmers are also represented in this initiative.
Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 4’s start-up is on schedule, despite the global challenges during the two-year conversion phase. Production for the US market will start in Chattanooga in the fall. 4 in Emden. Chattanooga (ID.4)
AW-Energy Oy is entering the commercial hydrogen market by introducing a combined WaveRoller and HydrogenHub process for the production of green hydrogen. Baker McKenzie reports that the low-carbon hydrogen market size could reach $25 billion by 2030. —Christopher Ridgewell.
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.
Volkswagen Group executives laid out the basics of the new Group strategy “NEW AUTO – Mobility for Generations to Come”, which will see the Group realign from being a from vehicle manufacturer to a leading, global software-driven mobility provider. Like the MEB today, the SSP will be open to other auto manufacturers.
Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. VW Group stays on the top of the list with a US$100.5-billion
Octillion Power Systems, a global provider of advanced lithium-ion batteries, has moved to a new US headquarters in Richmond, California. 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. Earlier post.)
billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 9 projects in the component manufacturing segment of the supply chain. The awardees are: Component Manufacturing (Anode).
unveiled STLA Medium, a global BEV-by-design platform with state-of-the-art features including range of 700 kilometers (435 miles), energy efficiency, embedded power and charging power. STLA Medium is the first of four global BEV platforms to be launched less than two years after EV Day presentation in July 2021. Stellantis N.V.
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.
Haldor Topsoe will invest in a manufacturing facility producing highly efficient solid oxide electrolyzers (SOEC) with a total capacity of 500 megawatt per year with the option to expand to 5 gigawatt per year. Development of the automated manufacturing facility that will be the largest of its kind is ongoing.
A global Automotive Manufacturing Outlook survey commissioned by ABB Robotics and industry publication Automotive Manufacturing Solutions found that more than half (59%) of respondents believe the shift to pure electric vehicle production is not achievable within current legislative timelines.
The world is in a race to dominate the electric vehicle market—the Europeans have made their Battery Alliance a priority and the Chinese are chomping at the bit. Some experts estimate that the known lithium resource in the Salton Sea can meet more than one-third of today’s global lithium demand. Earlier post.).
ICL, a global specialty minerals company, celebrated the groundbreaking of its battery materials manufacturing plant in St. The 140,000-square-foot facility is expected to produce 30,000 metric tons of LFP and will serve as the foundation for the company’s global battery materials business. Earlier post.)
The US Tire Manufacturers Association (USTMA) will produce cryogenically milled tire tread (CMTT) and provide samples to researchers to advance scientific study on tire and road wear particles (TRWP). Earlier post.)
As of 2026, Audi will only launch all-electric models onto the globalmarket, gradually phasing out production of its combustion models by 2033. Based on this clear decision made as part of its Vorsprung 2030 corporate strategy, Audi is now taking steps to prepare its global facilities for the production of all-electric cars.
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.
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. Mt to 3.22 Mt (7% year-on-year growth).
This immediate delivery of benefits is significant because data from the Society of Motor Manufacturers and Traders shows that while the number of battery electric vehicles and and plug-in hybrid electric vehicles increased by more than 168,000 units in 2020, they still only account for just 1.3% of the total number of vehicles on the road.
billion in the Roseville site and convert the TSI Semiconductors manufacturing facilities to state-of-the-art processes. In this way, Bosch is systematically reinforcing its semiconductor business, and will have significantly extended its global portfolio of SiC chips by the end of 2030. Bosch intends to invest more than US$1.5
—Lead author Dr Luke Western, a Research Fellow at the University of Bristol and researcher at the NOAA’s Global Monitoring Laboratory (GML) The international study was conducted by a team of scientists from the UK, US, Switzerland, Australia, and Germany. 2023) “Global increase of ozone-depleting chlorofluorocarbons from 2010 to 2020.”
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.).
SNNC is a JV established with SMSP, the largest nickel exporter in New Caledonia, in 2006, and was Korea’s first specialized ferronickel manufacturer engaged in producing and selling ferronickel (nickel 20%, iron 80%), the main component of stainless steel, as well as other by-products. POSCO plans to manufacture and sell 99.9%
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. Founded in 1995, BYD is a leading NEV (plug-in hybrids and battery-electric vehicles] manufacturer.
plan to invest jointly ina joint venture—European Semiconductor Manufacturing Company (ESMC) GmbH, in Dresden, Germany—to provide advanced semiconductor manufacturing services. Their reliable availability is also of great importance for the success of the global automotive industry.
Hyundai Motor Group (HMG) entered into an agreement with the State of Georgia to build its first dedicated full electric vehicle and battery manufacturing facilities in the US. The new EV plant and battery manufacturing facilities represent an investment of approximately US$5.54
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.,
Building on the design of the E-45 engine released earlier this year, the E-60 model provides 59 kW net output power (67 kW gross power) to help OEMs meet increasing vehicle performance demands and market requirements, broadening the range of applications that can benefit from fuel cell power. Nuvera is a subsidiary of Hyster-Yale Group, Inc.,
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