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BloombergNEF: battery metals rebounding; by 2030, annual Li-ion battery demand to pass 2TWh

Green Car Congress

Battery metal prices have recovered strongly in the first half of the year, incentivizing new projects to come online. China controls the battery chemical industry, with the biggest market share for all of the five main battery materials: lithium, nickel, manganese, cobalt and graphite.

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South Africas Optimal Energy Considering Battery Swap with the Joule EV

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South Africa-based Optimal Energy is considering using a battery-swap scheme with its Joule electric vehicle ( earlier post ). Optimal Energy has signed a memorandum of understanding (MoU) with Germany-based EDAG, a German automotive full- service supplier, to industrialize the Joule. Engineering News.

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India becomes South Africa’s top country for vehicle imports

Baua Electric

By: PTI | Updated on: 17 Sep 2024, 08:55 AM India has been the leading source for vehicle imports in South Africa since 2013, driven by small vehicle demand. Tata and Mahindra have established a … India has been the leading source for vehicle imports in South Africa since 2013, driven by small vehicle demand.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

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Optimal Energys Joule EV Completes Prototype Phase, Nearing Production

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Optimal Energy has signed a Memorandum of Understanding with EDAG, a German automotive full service supplier, to industrialize the Joule. The Industrial Development Corporation of South Africa (IDC), as potential investor, is party to this Memorandum. Earlier post.) Earlier post.)

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Tesla Q3 revenue up 10% year-on-year, losses widen; robust production outlook

Green Car Congress

The primary limiting factor to higher Q4 deliveries is the near term ramp of Model X production, with the biggest constraint being the supply of components related to the second row monopost seats. Tesla expects the average vehicle sales price to increase slightly in Q4 with more deliveries of highly optioned Model X vehicles.

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The Global Outlook of Electric Vehicles

Blink Charging

Supply chain issues and delivery delays also disrupt EV sales in some regions, making it harder for consumers to take receive their new EVs. In addition, there have been worldwide supply chain issues for battery materials, as Russia supplies 20% of the world’s high purity nickel. What about the rest of the world?