Remove 2015 Remove Cost Of Remove Global Remove Supplies
article thumbnail

Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said.

article thumbnail

Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

Green Car Congress

In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% million vehicles in 2015 to 3.9 between 2015 and 2025. However, the collapse in global oil prices has eroded a significant portion of the natural gas cost advantage.

2015 150
article thumbnail

Government of Canada & Province of Ontario invest $10M to establish cobalt refinery in N. Ontario; battery-grade cobalt sulfate

Green Car Congress

Once complete, the facility will be the first and only facility of its kind in North America, capable of producing 25,000 tonnes of battery-grade cobalt sulfate annually, which represents five percent of the global market for refined cobalt.

Canada 305
article thumbnail

Baker Institute team explores hydrogen production via methane pyrolysis with co-generation and sale of carbon products

Green Car Congress

Hydrogen as a zero-carbon energy carrier has the potential to transform fundamentally the global energy landscape—but the production must benefit the environment, according to experts at Rice University’s Baker Institute for Public Policy.

Hydrogen 170
article thumbnail

Toyota to debut 2 BEVs, 1 PHEV for US this year; says research shows BEVs & PHEVs have similar environmental benefits

Green Car Congress

Between now and 2025, Toyota and Lexus models, globally, will have an electrified option. These initiatives are further steps toward achieving the Toyota Environmental Challenge 2050, introduced in 2015. Toyota shared highlights of new internal research evaluating the environmental impact and cost of ownership between a PHEV and a BEV.

PHEV 305
article thumbnail

Nano One to acquire Johnson Matthey Battery Materials Canada; JM takes stake in AEM electrolyzer pioneer Enapter

Green Car Congress

The Candiac production facility was acquired by Johnson Matthey in 2015 and has been in operation since 2012. Strategically located in Candiac, Québec, it has the benefit of access to a North American ecosystem which will serve the broader global community with cost-effective, resilient, and environmentally sustainable cathode materials.

Canada 199
article thumbnail

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040.

Energy 252