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BloombergNEF: battery metals rebounding; by 2030, annual Li-ion battery demand to pass 2TWh

Green Car Congress

Battery metal prices have recovered strongly in the first half of the year, incentivizing new projects to come online. Diversifying the global supply chain would require significant investment from regions such as Europe and North America, according to the latest Battery Metals Outlook from research company BloombergNEF.

Li-ion 300
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Fuel-cell maker Ballard acquires IdaTech’s backup power system product lines, ip and customer base

Green Car Congress

Strategically, it provides Ballard with additional product capabilities with methanol fueled systems and key customer relationships in leading markets for fuel cell commercialization, such as Southeast Asia, the Caribbean and Latin America as well as South Africa. million of Ballard common shares, at a price of US$1.08

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Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

Green Car Congress

At the company’s Capital Markets Day 2017 in Johannesburg, South Africa, Sasol management said that the company will no longer pursue its proposed ) project in the US ( earlier post ) and furthermore will not invest in additional greenfields gas-to-liquids (GTL) projects.

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Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

Bounce Infinity, an electric scooter and removable battery company, has raised $20 million from existing investors, including Sequoia. Co-founder and CEO of the company, Vivekananda Hallekere, confirmed that the Bangalore-based company has completed its first tranche. Hallekere said it was not in talks to sell the company.

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Optimal Energys Joule EV Completes Prototype Phase, Nearing Production

Green Car Congress

Joule, the EV from South African company Optimal Energy ( earlier post ), has completed the prototype phase recently and is nearing the start of volume production, according to the company. The Industrial Development Corporation of South Africa (IDC), as potential investor, is party to this Memorandum.

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Tesla Model 3, Model X are Google’s Most Searched for EVs globally

Teslarati

The Tesla Model 3 sedan and the Tesla Model X SUV are Google’s most searched for electric vehicles globally, according to new data from a price comparison website. The Model X claimed notable areas like Elon Musk’s home country of South Africa and other regions like Egypt, Kazakhstan, Guyana, and Nambia.

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This Community-Run Internet is Bridging the Digital Divide

Cars That Think

More than 250 academics, companies, nonprofit organizations, individuals, and students from 69 countries entered the contest. The Wakoma team operates out of four countries and supports Nimbles in Canada, the Czech Republic, South Africa and the United States, with upcoming deployments planned in India, Kenya, and Mexico.