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BNEF: China dominates the Li-ion battery supply chain, but Europe is on the rise

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China dominates BloombergNEF’s (BNEF) lithium-ion battery supply chain ranking in 2020, having quickly surpassed Japan and Korea that were leaders for the majority of the previous decade. In 2020, Japan and Korea rank number two and three respectively. The US is in sixth place in 2020.

Li-ion 459
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EIA: US, Qatar and Russia provided almost 70% of liquefied natural gas received in Europe in 2021

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In 2021, a large share of Europe’s supply of liquefied natural gas (LNG) originated in the United States, Qatar, and Russia. Combined, these three countries accounted for almost 70% of Europe’s total LNG imports, according to data by CEDIGAZ, reported by the US Energy Information Administration (EIA). Bcf/d in 2020 and 14.1

Russia 416
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ArcelorMittal Europe to produce “green steel” starting in 2020

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The strategy is centred around two main technology routes, as introduced in the first ArcelorMittal Europe climate action report published earlier this year: The use of hydrogen in DRI-EAF (Direct Reduced Iron - Electric Arc Furnace) and, also, the blast furnace. The expansion of its Smart Carbon route, also utilizing hydrogen.

Europe 382
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EIA: Crude oil demand returns faster than supply, increasing prices and reducing inventories

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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). million barrels at the end of January 2020 and increased to 532.7

Oil 417
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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

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This marks a 6% drop from $140/kWh in 2020. Packs in the US and Europe cost 40% and 60% higher, respectively. However, even lower-cost chemistries such as LFP—which is particularly exposed to lithium carbonate prices—have felt the bite of rising costs throughout the supply chain.

Price 469
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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

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The supply will go beyond 2030. In 2019, Daimler Truck AG and CATL entered into a global lithium-ion battery cell modules supply agreement for electric series trucks including the Mercedes-Benz eActros, the Freightliner eCascadia and eM2.

Global 435
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T&E: Europe burns 19 million bottles of sunflower and rapeseed oil every day in cars

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A new analysis by European environmental NGO Transport & Environment finds that Europe burns more than 17,000 tonnes of rapeseed and sunflower oil every day—the equivalent of 19 million 1-liter bottles. Ukraine accounts for 40% of the global sunflower oil exports and is also Europe’s largest supplier of rapeseed oil.

Oil 334