article thumbnail

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

Green Car Congress

The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases. Today’s new plants are tomorrow’s retrofits.

Hydrogen 221
article thumbnail

Development of autonomous cars is steadily progressing with AI as an accelerator, says Sven Lanwer, XC expert from Bosch – ET Auto

Baua Electric

Q: Now, coming back to the affordability factor of this technology. You have said that it’s not very cheap to implement ADAS, especially in countries like India or developing countries like Brazil or South Africa. They cannot afford this kind of technology unless it is in an expensive vehicle beyond INR 25 lakh.

Auto 52
article thumbnail

BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

The DRC’s cost competitiveness comes from its relatively cheap access to land and low engineering, procurement and construction, or EPC, cost compared to the US, Poland and China. In so doing, the country and the rest of Africa can extend their access from the US$271-billion battery precursor segment to the more lucrative US$1.4-trillion

Africa 221