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Toyota electric ute could be less than 12 months away from Australia, but will fast-tracked HiLux and Ranger-sized dual-cab finally silence diesel-loving doubters?

EV Central

Toyota’s accelerated global roll-out of battery electric vehicles seems certain to benefit Australia where the Toyota electric ute could be on-sale as soon as 2024. Australia’s number one selling car brand will launch its first BEV in October or November when the bZ4X medium SUV – a rival for the dominant Tesla Model Y – goes on-sale.

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

Green Car Congress

Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). Note: CCUS is carbon capture and storage, DR-EAF is direct reduction of iron paired with an electric arc furnace. Source: BloombergNEF.

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Roskill: Green magnesium moving to commercial reality; China’s dominance under threat?

Green Car Congress

While China remains, for now, the world’s leading magnesium producer, alternative green technology-driven projects elsewhere are attracting attention as the industry in general looks to reduce its carbon footprint, and even China starts to close inefficient capacities, according to Roskill Information Services.

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Power-to-gas trial to inject hydrogen into Australia’s gas grid; A$5M award to AquaHydrex

Green Car Congress

On behalf of the Australian Government, ARENA has provided A$5 million (US$4 million) in funding to Wollongong-based AquaHydrex to develop commercially its new class of electrolyzer to produce cheap hydrogen from splitting water. When hydrogen burns, it produces only water vapor and no carbon dioxide.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Distributed solar is becoming increasingly enticing for customers in many Asia Pacific markets, with costs now 30% below rising residential tariffs in countries like China and Australia.

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CRU: Lithium prices plunging as hype meets reality; impact of new supply, disappointing BEV sales

Green Car Congress

Weaker-than-expected demand in China is partly responsible, but the main driver has been the ongoing avalanche of new supply into the market, as plentiful cheap spodumene meets ample conversional capacity in China, the CRU analysts said. Lithium hydroxide has fallen by 30% to RMB 74,500/t, according to CRU’s price assessments.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion to other zero-carbon technologies such as hydro and nuclear.

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