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Volvo Trucks had 42% market share of heavy-duty electric trucks in Europe in 2021

Green Car Congress

New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. The international trucking industry is undergoing a transformation towards more sustainable transport as sales of heavy battery electric trucks are starting to pick up, with Europe in the lead.

Volvo 455
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15+ global automotive brands testing StoreDot extreme fast charging high energy battery cells

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StoreDot, a developer of extreme fast charging high energy batteries for electric vehicles, announced that its XFC batteries and systems are now being tested by more than 15 global automotive brand manufacturers, and that it has additional potential manufacturing partnerships in the pipeline for this year.

Global 417
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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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Cabot Corporation to open new battery application technology center in Europe

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The new technology center will focus on technical collaboration with customers in order to accelerate application innovation for Cabot’s battery materials product lines within Europe. The EMEA Technology Center is expected to commence operations by April 2023, with a planned expansion to be completed in 2024.

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Benchmark Mineral Intelligence: global battery gigafactory pipeline tops 300; China dominates

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gigawatt hours (GWh) of lithium ion battery capacity in the pipeline as assessed in Benchmark Mineral Inelligence’s May 2022 Gigafactory Assessment—a 68% year-on-year increase. Europe has increased its pipeline by eight gigafactories over the same period.

China 433
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MAN Truck & Bus will offer an eBus chassis for the global market; NMC and LFP battery options

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MAN Truck & Bus will in future be offering an eBus chassis for the global market. By 2040, sales of zero-emission buses are expected to rise to more than 80% of the global market. First prototypes are to be delivered as early as 2023, series production is slated to start in 2024.

Global 221
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Li-ion battery electrolyte additive Trinohex Ultra approved for REACH expansion in Europe

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The electrolyte additive Trinohex Ultra , manufactured and marketed exclusively by Ascend Performance Materials, is now approved for import into the EU in quantities up to 100 metric tons annually per REACH, the regulation for registration, evaluation and authorization of chemicals in the region.

Li-ion 195