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GM and Vacuumschmelze (VAC) to build a new magnet factory in US to support EV growth

Green Car Congress

GM and Vacuumschmelze (VAC) of Germany announced plans for VAC to build a plant in the US that will manufacture permanent magnets for the electric motors used in the GMC HUMMER EV, Cadillac LYRIQ, Chevrolet Silverado EV and more than a dozen other models using GM’s Ultium Platform. Earlier post.). Erik Eschen, CEO of VAC.

GM 186
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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

Green Car Congress

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

Global 344
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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It also solves our plastics and waste problems by turning them into green hydrogen, and does it cleaner and at costs far lower than any other green hydrogen producer. Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry. —Lancaster Mayor R.

Waste 448
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Novel adaptation for existing blast furnaces could reduce steelmaking emissions by 88%; closed-loop carbon recycling

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Devised by Professor Yulong Ding and Dr Harriet Kildahl from the University of Birmingham’s School of Chemical Engineering, the system is detailed in an open-access paper published in the Journal of Cleaner Production. If implemented in the UK alone, the system could deliver cost savings of £1.28 —Kildahl et al. Kildahl et al.

Carbon 468
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Direct lithium extraction company EnergyX secures $20M in funding commitments

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In 2020, EnergyX announced a pilot partnership with Orocobre Limited ( earlier post ) to deliver high-quality and comprehensive solutions that will lead to a cleaner, more efficient lithium extraction. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.) tons by 2040. Source: EnergyX.

Companies 448
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. Expanding the Better Buildings Challenge. The Better Buildings Challenge targets helping American commercial and industrial buildings becoming at least 20% more energy efficient by 2020.

Obama 249
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Dyson plans to build its electric car in Singapore

Green Car Reports

Dyson, the British maker of premium vacuum cleaners, aims to enter the electric-car arena—and it’s chosen Singapore as the global assembly site.

Singapore 146