article thumbnail

Tesla publishes Master Plan Part 3; $10.4T for a sustainable global energy economy

Green Car Congress

During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)

Economy 464
article thumbnail

Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said.

article thumbnail

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

Green Car Congress

Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. mtpa active and upcoming capacity combined. mtpa active and upcoming capacity combined.

Hydrogen 473
article thumbnail

Cadillac CELESTIQ to be built at GM’s Global Technical Center

Green Car Congress

General Motors will invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ ( earlier post ). This will include both structural and cosmetic parts, and both polymer and metal pieces. 3D Printer at GM Additive Industrialization Center.

Cadillac 435
article thumbnail

Ford Bronco Sport first to feature parts made of 100% recycled ocean plastic

Green Car Congress

Ford has become the first automaker to use 100% recycled ocean plastics to produce automotive parts. The strength and durability of the nylon material equals that of previously used petroleum-based parts but with a 10% cost savings and requiring less energy to produce.

Parts 434
article thumbnail

AIChE and IChemE to build global alliance on hydrogen

Green Car Congress

The partnership will bolster the professional societies’ shared interest in supporting industry in the adoption of hydrogen as an energy carrier for industrial and commercial applications that will form a vital part of the road to net zero greenhouse gas emissions. The letter of intent was signed on 10 May 2023, by Billy B.

Hydrogen 218
article thumbnail

UCL-led study finds climate impact caused by growing space industry needs urgent mitigation

Green Car Congress

The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. The space industry is one of the world’s fastest growing sectors.

Climate 428