article thumbnail

Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

Green Car Congress

A new study , commissioned by the International Chamber of Shipping and prepared by Professor Dr. Stefan Ulreich from Germany’s University of Applied Sciences, finds that the global shipping industry will require the equivalent of the world’s entire current renewable energy demand in order to replace fossil fuel use. billion in 2017 to $1.6

Renewable 210
article thumbnail

Stellantis makes $155M investment in McEwen Copper Argentina project

Green Car Congress

Stellantis intends to lead the industry with the commitment to be carbon net zero by 2038 – a goal that requires innovation and a complete redefinition of the entire business. Los Azules plans to produce 100,000 tons per year of cathode copper at 99.9% purity starting in 2027 and the resources can secure the operation for at least 33 years.

Argentina 307
article thumbnail

GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

Green Car Congress

This in turn will result in increased consumption of lithium and support investment in mine expansions across Chile and Australia and new mine development in Chile, Australia, Argentina and Canada. In 2017, 1.1 The largest increase will be in China, which is expected to boost its EV sales from 579,000 in 2017 to 1.5

Global 284
article thumbnail

ADEME / IFPEN study examines non-geological risks in the security of lithium supplies based on electrification of global car fleet

Green Car Congress

Source: USGS, 2017). More generally, vulnerabilities economic, industrial, geopolitical or environmental issues are still possible. Production is currently concentrated between Australia (40%), Argentina and Chile (50% between them). Further, vulnerabilities could emerge from increased competition among lithium buyers.

Supplies 236
article thumbnail

Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

Green Car Congress

Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. The lithium industry is therefore becoming more reliant on rechargeable batteries to sustain high rates of future demand growth, Roskill concludes. In addition, Rockwood Lithium plans to complete a 20,000 tpy LCE expansion in Chile in 2014.

Market 296
article thumbnail

SEAT to launch 6 electric and plug-in hybrid models, develop smaller version of MEB for lower-cost EVs

Green Car Congress

to stand at €223 million (2017: 116) and turnover amounted to €9.991 billion—4.6% higher than the 2017 result (9.552). more than in 2017), made SEAT the fastest growing brand in Europe last year. more than in 2017), made SEAT the fastest growing brand in Europe last year. more than the previous year.

Plug-in 207
article thumbnail

Boeing Directs Airlines to Check 787 Cockpit Seats After Latam Incident

Baua Electric

industry officials. In a statement, Boeing said it had reminded airlines of a safety memo from 2017 that instructed them on how to inspect and maintain switches on flight deck seats. Latam’s plane was flying from Sydney, Australia, to Auckland and was scheduled to carry on to Santiago in Chile, where the airline is based.