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Volkswagen is expanding its globalproduction network for electric vehicles by now starting to make the all-electric ID.4 4) and Hanover will also commence production this year. In addition, production of the iconic ID. 4’s start-up is on schedule, despite the global challenges during the two-year conversion phase.
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. The plan is to use the steel in series production of cars at the BMW Group’s European plants from 2026 onwards.
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.
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) team in China has started high-volume serial production of secondary eDrive systems for the Volkswagen ID.4 The HASCO Magna Electric Drive Systems Co.,
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
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.
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.
As of November 2022, BYD has sold more than 3 million NEVs to global customers. UzAuto companies produce a range of vehicles from light passenger vehicles to heavy-duty trucks, buses, trailers and superstructures with an annual production volume of more than 350,000 vehicles per year.
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.
Cemvita defines Gold Hydrogen as the biological production of hydrogen in the subsurface through the consumption of trapped or abandoned resources. The hydrogen production in this trial exceeded our expectations. According to recent studies, the global green hydrogen market size was valued at US$0.3 billion in 2020.
AW-Energy Oy is entering the commercial hydrogen market by introducing a combined WaveRoller and HydrogenHub process for the production of green hydrogen. In AW-Energy’s concept, wave energy complements solar power production to enable large-scale green hydrogen. The technology can be deployed as single units or in farms.
POSCO has begun production of high-purity nickel—required for secondary batteries—at SNNC. Last May, POSCO took a 30% stake in the Australian company Ravensthorpe, which specializes in nickel mining and refining production. The 20 thousand tons of materials from the factory can support 500,000 EVs, POSCO said.
In keeping with this strategic shift of business, OMV will reduce its oil and gas production by around 20% by 2030 and will completely cease oil and gas production for energy use by 2050. The Refining & Marketing business is to become a leading European provider of sustainable fuels, feedstock, and mobility solutions.
Hyundai will begin production of 2021 XCIENT Fuel Cell in August this year. With the launch of the enhanced model, Hyundai plans to accelerate the global roll-out of its heavy-duty fuel cell truck. Hyundai also plans to present XCIENT Fuel Cell to the North American market this year.
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.
Global technology and power solutions leader Cummins Inc. The Cummins electrolyzer system is installed at the Air Liquide hydrogen production facility in Bécancour, Québec. This is a modular and scalable electrolyzer platform designed to address utility-scale hydrogen production.
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.
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.,
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.,
million to 10 industry-led projects to advance nuclear technologies, including two aimed at expanding clean hydrogen production with nuclear energy. The 50 kW demonstration will prove that high-efficiency syngas production can be achieved at low capital-cost using GRC’s unique thermal-spray-based SOCC technology.
Toyota will invest $383 million in four of its US manufacturing plants—in Alabama, Kentucky, Missouri and Tennessee—to support the production of four-cylinder engines, including options for hybrid electric vehicles. These investments allow us to meet customer needs and quickly respond to an evolving market. 222 million.
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
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.).
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.
Global industrial software and technology leader Emerson announced a multi-year strategic framework agreement with BayoTech, a developer of modular steam methane reformers (SMRs) and other hydrogen solutions, to accelerate the delivery of hydrogen around the world.
After several years of development, Bosch is now starting volume production of silicon carbide (SiC) power semiconductors to supply automotive manufacturers worldwide. In the future, an increasing number of production vehicles will feature these chips. billion, the SiC car market is expected to account for the majority.
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.
Kia EV6 ( earlier post )has achieved product carbon footprint certification and ‘ Carbon Measured ’ label from the global climate change and sustainability consultancy the Carbon Trust, becoming the first Korean vehicle manufacturer to achieve the certificate. The EV6 is the first model to be launched under this new strategy.
Volvo Construction Equipment (Volvo CE) announced an investment into battery pack production at its excavator plant in Changwon, South Korea. The Changwon plant in South Korea specializes in the production of excavators and is the biggest excavator production site in Volvo CE. With the SEK 80-million (around $7.8-million)
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. to 26 tonnes.
New analysis has found increasing emissions of several ozone-depleting chemicals despite their production being banned for most uses under the Montreal Protocol—and a loophole in the rules is likely responsible. Although the team found rising global emissions, they weren’t able to identify particular locations.
Modification of the existing EAF facility and continuous casters will also be undertaken to align productivity, quality and energy capabilities between all assets in the new footprint. The new DRI and EAF will be in production before the end of 2028. Innovative DRI. Source: ArcelorMittal.
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.
This will be the most sophisticated vehicle that we have ever built and will be a standout in the EV market and on the road. Based on the Electric Global Modular Platform (E-GMP), the EV9 delivers a targeted all-electric range of more than 541 km (WLTP). and began mass production on 16 November 2009.
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.
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).
Eighteen months after start of construction of its intelligent satellite production and testing center in Taizhou, China, Geely Technology Group has begun mass production of commercial satellites. At full capacity, the plant will have an annual production capacity of 500 units.
Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets. One of the top 5 global wind turbine OEMs. Today, these magnets rely on rare earth elements. 2019.165962.
The serial production of the BMW i3 has ended , some eight and a half years after it was launched. At the same time, the BMW Group Plant Leipzig becomes the first location in the company’s globalproduction network where BMW and MINI models are manufactured together. The BMW i3 (combined power consumption: 16.3 - 15.3
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.
The partnership strengthens our footprint in the United States, with a renewable diesel production facility in the growing California market. The facility will be operated by Marathon, and the production output will be split evenly between the joint venture partners. —Matti Lehmus, Neste’s President and CEO.
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. The only lithium production in the United States currently is from one brine operation in Nevada. Lithium is expected to trade at 484,185.00 Source: Trading Economics.
—Jinman Han, executive vice president and head of Memory Global Sales & Marketing at Samsung Electronics. Having already completed customer evaluations, the new automotive memory products are currently in mass production.
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