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T&E study finds EU has replaced Russian oil barrel-for-barrel as continent fails to cut demand

Green Car Congress

Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. At the global level, oil production and exports surged by 5% between 2021 and 2022, with 65% of the increased exports directed to the EU market.

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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

Green Car Congress

The evolving situation in Russia and Ukraine has already caused unprecedented increases in the price of nickel. Geopolitical issues such as the Russia-Ukraine situation disturb the fine balance of battery metal supply chains. Trading had yet to resume as of 10 March.

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IIASA study proposes solid air hydrogen liquefaction as efficient addition to hydrogen liquefaction supply chain

Green Car Congress

The COVID-19 pandemic and the Russia-Ukraine war have further increased the interest of Europe and Western countries to invest in the hydrogen economy as an alternative to fossil fuels. The hydrogen is liquefied where electricity is cheap. An open-access paper on the work is published in the International Journal of Hydrogen Energy.

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Northvolt postpones planned 60GWh battery production

Teslarati

In a comment to the Frankfurter Allgemeine Sonntagszeitung and reported by Reuters , Northvolt Chief Executive Peter Carlsson stated, “We want to continue to be a European champion and market leader… but we are now at a point where we may prioritize expansion in the U.S. over Europe first.”

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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

While data points to continued sector growth, wider market pressures are seemingly slowing the transition. A worldwide deficit of lithium, a global shortage of semiconductors and the ongoing conflict in Ukraine are all heavily impacting production efficiencies, with some OEM lead times reportedly reaching upwards of twelve months.

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Why 2023 will be another great year for electric vehicles

My Energi

While electric car registrations in 2022 were undoubtedly affected by the global chip shortage and issues relating to the war in Ukraine – notably supply constraints on wiring looms – they were still 21% higher than the previous year, and we can expect annual growth rates of around 30% for the next two years.

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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Market Background Oil Opinion Policy' Reign of the USD. Rise of the Yuan. Source: [link].

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