article thumbnail

Fabrum and Chart Industries execute MoU for micro-scale liquefiers for hydrogen

Green Car Congress

New Zealand-based Fabrum and Chart Industries have formed a strategic partnership to collaborate on the manufacture and sale of Micro-Scale Liquefiers for hydrogen and other gases. The collaboration targets the rapidly increasing demand for liquefaction systems as industries work to decarbonize and transition to new energy sources.

Hydrogen 283
article thumbnail

US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29%

CleanTechnica EVs

The US auto industry continues to grow following its long recovery from the COVID-19 epidemic and economic shutdown of 2020–2021. continued] The post US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29% appeared first on CleanTechnica.

article thumbnail

Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030

Green Car Congress

The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. The US is targeting a 50% penetration rate of EVs (battery, plug-in hybrid, and fuel cell) in new sales by 2030. The EU has an ICE ban from 2035.

article thumbnail

TSMC sees annual sales growth to reach 10% in semiconductor industry – ET Auto

Baua Electric

Taiwanese contract chipmaker TSMC , a major supplier to Apple and Nvidia , on Thursday forecast an annual revenue growth of 10% in the global semiconductor industry , excluding memory chips. World Semiconductor Trade Statistics has forecast growth of 13.1% for the global semiconductor market in 2024.

article thumbnail

US Auto Industry Down 8% Since 2019

CleanTechnica EVs

It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these. First, before getting into the automaker comparisons for the second quarter of 2023 versus the second quarters of 2019, 2020, 2021, and 2022, […]

article thumbnail

Mahle finalises sale of thermostat business to industrial firm Admetos | Autocar Professional

Baua Electric

German Tier-1 giant Mahle, which specialises in powertrain, mechatronics, and electronics components among others, has finalised the sale of its automotive thermal management – thermostat business – to a German industrial and investment holding firm Admetos.

article thumbnail

IDTechEx: future of the electric ship industry lies with hybrid cargo vessels

Green Car Congress

More than 1GWh of batteries are now sailing on waters globally, reflecting 72% industry growth in 2022, according to a new report from IDTechEx. IDTechEx concludes that the future of the electric ship industry lies with hybrid cargo vessels.