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The number of hydrogen stations deployed globally has surpassed the 1,000-mark, according to a study by Information Trends. China represents roughly one-third of global deployments, but the US lags far behind with less than 100 hydrogen stations.
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.
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.
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
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.,
UK-based Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop fuel solution for global shipping that delivers a 92% reduction in greenhouse gas emissions (GHGe) in the model vessel.
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%).
With the launch of the enhanced model, Hyundai plans to accelerate the global roll-out of its heavy-duty fuel cell truck. Hyundai Hydrogen Mobility, a joint venture between Hyundai Motor and H2 Energy, is working on the introduction of XCIENT Fuel Cell in other European markets.
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)
The BMW Group continues to broaden its portfolio of electrically powered vehicles with the addition of the fully electric BMW 3 Series, which will enter the Chinese market in May 2022. The BMW i3 eDrive35L will be assembled exclusively for the Chinese market at the BMW Brilliance Automotive Ltd. plant in Lydia, Shenyang.
Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. We are running out of time to limit global warming. At the 2022 Advanced Clean Transportation (ACT) Expo, Hyundai Motor will share the progress of the NorCAL ZERO Project. million km as of 30 April 2022.
New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. Statistics from the market analysis group IHS Markit show that during 2021 a total of 346 electric trucks (?16 Volvo Trucks has the largest market share at 42%. Data: IHS Markit.
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.
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 Sand et al. Skeie, R.B.,
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.
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.)
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. Steel is one of the main sources of CO 2 emissions in our supply chain.
A study by researchers in Australia and China has determined that global food-miles account for nearly 20% of total food-systems emissions; moving fruit and vegetables in refrigerated vehicles is particularly emissions-intensive. Food trade plays a key role in achieving global food security. GtCO 2 e (3.5–7.5 GtCO 2 e (3.5–7.5
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.
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.
In 2031, China is set to have almost 4,500 GWh of gigafactory capacity, representing 70% of global capacity. Benchmark expects the first 20 GWh phase to be operational in 2026 and the full capacity to be online in 2029.
The Genesis GV60 ( earlier post ) is based on the brand’s Electric-Global Modular Platform (E-GMP), the innovative features of which help deliver greater efficiency, performance and driving pleasure. The use of silicon carbide boosts energy efficiency by 3% and range by 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.”
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.
Octillion Power Systems, a global provider of advanced lithium-ion batteries, has moved to a new US headquarters in Richmond, California. Octillion is a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems. Earlier post.) kWh system using prismatic NMC cells.
Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Global consumption of lithium in 2021 was estimated to be 93,000 tons, a 33% increase from 70,000 tons in 2020. Lithium is expected to trade at 484,185.00
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.
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.
Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in globalmarkets is limited. China dominates the global rare earths market. A range of devices and machines rely on rare earth elements that are mined and refined largely in China.
GWh of passenger EV battery capacity was deployed onto roads globally in 2021—a 113% increase over 2020—as battery-electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) sales surged year-over-year, according to Adamas Intelligence. A record 286.2 Japan’s Panasonic rounded off the top three with a record 41.4
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.).
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.
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. Above all, the global ramp-up of electromobility is resulting in huge demand for such special semiconductors.
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. of total bus sales.
Heliox, a global leader in DC charging systems for medium- and heavy-duty vehicles, announced a supply agreement with PACCAR Parts to support the rollout of PACCAR’s electric vehicles. The electric truck market is expected to experience tremendous growth globally, creating a strong market for EV charger solutions in the coming years.
The Economic Transition Scenario (ETS), which assumes no new policies and regulations are enacted, is primarily driven by techno-economic trends and market forces. Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024.
As of November 2022, BYD has sold more than 3 million NEVs to global customers. The company cooperates with global OEMs such as General Motors, Sinotruck, MAN, and Isuzu. Strong cooperations with other international enterprises on the development of vehicle electrification is part of the core business strategy.
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.,
BorgWarner has just added Rhombus Energy Solutions, a provider of charging solutions in the North American market. Target markets include depots for electric buses and trucks, with a focus on the North American market. Target markets include depots for electric buses and trucks, with a focus on the North American market.
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 industrial markets. Under the terms of the agreement, Cummins will pay $36.50 billion, including assumed debt and net of acquired cash.
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. Global Nickel Trade and Chinese Dominance.
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.
The study highlights that solar powered green hydrogen is economically viable and can be produced at less than €2 per kilogram—cheaper than traditional fossil fuel energy—and cater for local energy demand as well as allowinf green hydrogen to be exported to globalmarkets.
In addition, Embraer has granted Eve a royalty-free license to Embraer’s background IP to be used within the UAM market. As a global aerospace company, with leadership position in multiple segments, we understand that innovation and technology play a strategic role in driving sustainable growth and redefining the future of aviation.
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