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SK IE Technology to supply separators for EV batteries to Sunwoda

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SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. SKIET plans to supply separators produced at its Changzhou factory in China to Sunwoda.

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Market Update: How Battery Pack Costs Declined Since 2008

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Let’s look at the advancements in battery cost reduction, navigate through supply chain complexities, and explore the promising prospects ahead for the EV market. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh. By keeping these manufacturing jobs in the U.S.,

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Fossil Fuel Production Up in 2008 Despite Recession

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World production of fossil fuels—oil, coal, and natural gas—increased 2.9% in 2008 to reach 27.4 In the first half of the year, producers strained to meet global demand, but when the recession took hold later in the year the market was swamped by excess supply. Coal has led the growth in fossil fuel production.

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EIA: Strong demand for diesel leads to high prices and tight inventories going into winter

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Strong demand for ultra-low sulfur diesel (ULSD) in October, combined with reduced global production, has resulted in lower ULSD inventories in the United States, according to the US Energy Information Administration (EIA). In October 2022, the United States had 25 days of supply of distillate, the fewest since 2008, the EIA said.

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Bosch partners with Powercell on development and large-scale production of fuel cells for trucks and cars

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Under the agreement, the two partners will work jointly to make the polymer-electrolyte membrane (PEM) fuel cell ready for production. As production grows, the price should fall. If it uses green electricity, the production of hydrogen can be climate-neutral. Various industrial enterprises are working to perfect this process.

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Air Products’ supplying hydrogen for Tongji University’s fuel cell bus fleet at 2010 Asian Games in Guangzhou

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Air Products is supplying hydrogen to power a fleet of more than 50 hydrogen fuel cell buses in operation at the Asian Games and Asian Para Games from 12 November – 19 December in Guangzhou City, China. Air Products is also providing liquid nitrogen for use at the hydrogen fueling station.

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Siemens Energy secures 50 MW electrolyzer order from European Energy for first large-scale eMethanol project

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European Energy , a Danish developer and operator of green energy projects, has ordered a 50 MW electrolyzer from Siemens Energy for use in developing the first large-scale commercial e-Methanol production facility. Start of commercial methanol production is planned for second half of 2023.

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