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IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

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Two factors are driving the recovery, notably low automotive inventory that will result in new car growth next year, combined with stimulus packages designed to benefit the ailing car sector while favoring the switch to electric and hybrid cars, which are typically more expensive than equivalent internal combustion-driven models.

2020 170
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EnerDel Plans to Invest $237M in New Indiana Lithium-Ion Battery Plant

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The $237M investment is part of a targeted $600M in investments worldwide during the next five years. million grant awarded under the federal stimulus package under a 50:50 cost-share program, of which EnerDel plans to spend $60 million in 2010. million, which comprises a state incentive package of $21.3

Indiana 186
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Sandia’s Battery Abuse Testing Laboratory Awarded $4.2M

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million in American Recovery and Reinvestment Act funds to modify and enhance its existing Battery Abuse Testing Laboratory (BATLab), with the goal of developing low-cost batteries for electric and plug-in hybrid electric vehicles. million in funding is part of a $104.7 Sandia National Laboratories will use $4.2

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ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

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The mean cost of cost of climate change for the four countries—Indonesia, Philippines, Thailand, and Viet Nam—under a “business-as-usual” scenario and if market and non-market impacts and catastrophic risks are all considered could be equivalent to losing 6.7%

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Although not part of the conferences formal structure, the themes were addressed in the presentations and panel discussions. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. Costs are also falling due to classic economics. Billion vs. $28.3

Financing 150
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NSF Awards NCSU Team $2M For Research on Deriving Drop-in Renewable Hydrocarbon Fuels from Algae

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It has to be cost-competitive, or none of this makes sense. It’s easy to be cost-competitive when oil is at $300 a barrel, but it’s harder when the price of oil drops. Our goal is to optimize this technology so that it is cost-competitive, renewable, can be produced domestically and is environmentally friendly.

Renewable 218
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First fleet of 100 Mercedes-Benz Vito E-Cell electric vans covers 650,000 km in customer use; more model variants planned

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The areas of application are diverse: courier, express and package service providers (KEP, in German: Kurier-, Express- und Paketdienstleister); plant transportation in large corporations; service vehicles for plant maintenance, customer service, and assembly and internal transport within companies.

Mercedes 231