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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. Causes of supply disruptions.
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 globalsupply chain challenges.
Developing lithium from the Salton Sea in California can help anchor a multi-billion dollar domestic electric vehicle battery supply chain and inject thousands of jobs and billions of dollars into California’s economically disadvantaged Imperial Valley, according to a new report from New Energy Nexus. Earlier post.).
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.
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. The innovation will be expanded to global plants in the future.
ETCR is the world’s first all-electric touring car race category that provides leading vehicle manufacturers a global stage to showcase electric technology in a high-performance arena. Only vehicles without internal combustion engines are allowed to participate.
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.
Corvus Energy has been selected by Holland Ship Electric to supply lithium-ion battery-based energy storage systems (ESS) for five new all-electric ferries being built by Holland Shipyards Group, a total system integrator of electric systems for the global marine market, for Amsterdam’s municipal public transport provider, GVB.
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
Plug Power, a provider of turnkey hydrogen solutions for the global green hydrogen economy, and Nikola Corporation, a developer of zero-emissions transportation and energy supply and infrastructure solutions, have entered a strategic relationship focused on moving the hydrogen economy forward. Availability is expected to be 2H 2023.
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. —Jonathan Taylor, VP of Marine, Expleo. million (US$1.7
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. Steel is one of the main sources of CO 2 emissions in our supply chain.
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. R&D division in Shenyang, which also adapted some of the car’s componentry to the requirements of the supply chain in China. plant in Lydia, Shenyang.
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)
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. Climate change and on-going supply chain issues will accelerate the transition to clean energy sources. million km as of 30 April 2022.
In 2020 the world’s nuclear reactors have shown resilience and flexibility, adapting to changes in demand while ensuring stable and reliable electricity supplies. GWe started supplying electricity, compared to an average annual objective for 2016-2020 of 10 GWe. —Agneta Rising, Director General of World Nuclear Association.
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.
Automotive supplier Eberspächer is entering the fast-growing market of hydrogen and fuel cell technology. In the future, Eberspächer will offer air supply components for fuel cell systems. We are deliberately investing in a future market and want to grow purposefully with hydrogen and fuel cell technology. VAIREX air compressor.
Neste and CIM, part of NOVEN Group in France, the leading independent French group of companies providing oil storage and supply services, are collaborating to enable the supply of Neste MY Sustainable Aviation Fuel into France. Neste is committed to contribute significantly as we are increasing our global SAF production capacity to 1.5
BorgWarner will supply dual inverters for two premier Chinese OEMs. BorgWarner also recently announced it will be supplying its iDM220 integrated drive module to a leading Chinese luxury New Energy Vehicle (NEV) brand. Operating at 400V, it also addresses upcoming market needs and allows for performance upgrades.
Continental is extending its commitment to sustainability in the natural rubber supply chain. Continental’s goal is to achieve 100 percent sustainable supply chains by 2050. The valuable experience we are gaining in this project allows us to progressively increase the transparency of our natural rubber supply chains.
AW-Energy Oy is entering the commercial hydrogen market by introducing a combined WaveRoller and HydrogenHub process for the production of green hydrogen. We believe the collective ingenuity of our supply chain can deliver green hydrogen at less than US$2 per kilogram. —Christopher Ridgewell.
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
The US Department of Energy (DOE) released its 2023 Critical Materials Assessment (2023 CMA), which evaluated materials for their criticality to global clean energy technology supply chains. The Assessment focuses on key materials with high risk of supply disruption that are integral to clean energy technologies.
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 price of US benchmark West Texas Intermediate (WTI) crude oil is near its highest level since 2014, increasing rapidly from low prices in mid-2020 as demand returns faster than supply, according to the US Energy Information Administration (EIA). Crude oil inventories reached a recent low of 413.9
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%. Capable of providing a 3.7
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.
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.
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
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).
Integrated SAF supply chain to Singapore Changi Airport. To support its aviation customers across the globe in achieving their climate targets by reducing their emissions with SAF, Neste is also developing a global network of airports where it has the capability to supply SAF directly into aircraft.
Cummins will supply a 35-megawatt (MW) proton exchange membrane (PEM) electrolyzer system for Linde’s new hydrogen production plant in Niagara Falls, New York. The new plant will be the largest electrolyzer installed by Linde globally and will more than double Linde’s green liquid hydrogen production capacity in the United States.
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.
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.
Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. However, Bolivia is production-poor; Chile and Argentina are top global producers, but Bolivia has yet to produce the mineral in commercial quantities. (The
Range estimates for the North American market will be available closer to launch. The multi-rapid charging system enables fast and stable charging by raising the voltage supplied by typical chargers from 400V to 800V. The vehicle is expected to reach 60 mph in 4.5 seconds with Boost Mode.
Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The rebound of global CO 2 emissions above pre-pandemic levels has largely been driven by China, where they increased by 750 million tonnes between 2019 and 2021. billion tonnes, accounting for 33% of the global total. billion tonnes. billion tonnes.
Molicel ), a supplier of lithium-ion battery cells, entered into a memorandum of understanding for Molicel to manufacture and supply the battery cells for Archer’s production electric vertical takeoff and landing (eVTOL) aircraft, Midnight. TCC is the first listing company in Taiwan stock market.
Polestar, the Swedish electric performance car brand, delivered approximately 21,000 vehicles in the fourth quarter of 2022, bringing the preliminary estimate for full year global volumes to 51,500 cars, up 80% year-on-year. We are now fully focused on 2023. —Polestar CEO, Thomas Ingenlath.
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.
The demand for high purity nickel as one of the necessary materials for the cathode materials used in high-capacity batteries, will increase 23% yearly on average, and may lead to supply constraints after 2025, according to globalmarket research firm WoodMac.
The pillars will guide Kia in its efforts to reduce carbon emissions in all operational facets, from supply, logistics, vehicle production and vehicle use through to disposal of waste. Achieving full electrification in major markets by 2040. Kia is also working with its suppliers to reduce carbon emissions from the parts supply stage.
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