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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

Green Car Congress

The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

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SAF company DG Fuels closes investments with two Japanese companies

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DG Fuels, LLC (DGF), a developer of sustainable aviation fuel (SAF) facilities ( earlier post ), announced the successful closing of investment transactions with two Japanese companies. With the investments in DGF made by aviner & co., Chishima Real Estate Co.,

Companies 370
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Si-dominant Li-ion company Enevate targeting power tool market

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Enevate, a pioneer in advanced silicon-dominant lithium-ion (Li-ion) battery technology capable of high energy density and fast charging for electric vehicles (EV), is applying its battery solutions to advanced power cells for the power tool market and other high power applications. Benjamin Park, Enevate Founder and Chief Technology Officer.

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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

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Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). The proceeds from this capital investment will further the company’s commercialization efforts of its direct lithium extraction and refinery technologies.

Global 199
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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. Last year, mergers and acquisitions (M&A) deals reached $24.4 mtpa active and upcoming capacity combined.

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Velodyne Lidar acquires AI software company Bluecity

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Velodyne Lidar has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company, in an all-stock transaction. According to Yole Intelligence, part of Yole Group, the smart infrastructure market for lidar will grow from $108M in 2021 to $1.1B

San Jose 369
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European Company Car Market Goes Green

CleanTechnica EVs

In Europe, the company car market is a lot bigger than in the USA. What the market is in China, I honestly do not know, so this article is for our European and North American readers. For historical reasons, good or bad, there is a huge company car market in Europe. The most abundant company […].