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EIA projects US renewable diesel supply to surpass biodiesel in the near term but remain small part of larger diesel market

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In its Annual Energy Outlook 2022 (AEO2022) Reference case, which reflects current laws and regulations, the US Energy Information Administration (EIA) projects that renewable diesel supply (domestic production and net imports) will exceed biodiesel supply in the near term. Source: U.S.

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Cobalt Institute: cobalt market weakened since 2022 peak, but in longer term, demand will outpace supply

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The Cobalt Institute’s Cobalt Market Report, prepared by Benchmark Mineral Intelligence, finds that cobalt market conditions have weakened substantially since the price peak in 2022. This dynamic will likely remain through to 2024, the report says, as a plentiful and growing supply surplus maintains pressure on prices.

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Solvay and Orbia to create JV to supply PVDF to battery market; largest capacity in N America

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The total investment is estimated to be around $850 million, and is expected to be funded in part by a grant awarded by the US Department of Energy of $178 million to Solvay to build a facility in Augusta, Georgia. Solvay, a global leader in PVDF, brings process technology and global market know-how to this venture.

Supplies 273
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Magna to supply battery enclosures for Silverado EV

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Magna has secured new business from General Motors (GM) to supply battery enclosures on the all-new 2024 Chevrolet Silverado EV. Clair to support the fast-growing electric vehicle market ( earlier post ). Both are packed with parts, including stampings, roll-formed components and fasteners. F150 Lightning battery enclosure.

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RWE and Westfalen Group forming JV to supply green hydrogen for vehicles; focus on heavy-duty; up to 70 stations

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In Germany, RWE and the Westfalen Group will work together to supply green hydrogen for hydrogen-powered vehicles. Up to 70 hydrogen fuel stations will be in place by 2030, depending on how the market develops. Hydrogen can play a crucial part in significantly reducing carbon emissions in heavy goods transportation.

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Heliox and PACCAR Parts partner to deliver mobile DC chargers to PACCAR’s electric trucks in North America

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Heliox, a global leader in DC charging systems for medium- and heavy-duty vehicles, announced a supply agreement with PACCAR Parts to support the rollout of PACCAR’s electric vehicles. Heliox will supply mobile 25kW and 50kW chargers to PACCAR’s dealers and customers who are building their electric truck fleets.

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Plug and Nikola partner; hydrogen supply, liquefaction and up to 75 Nikola Tre fuel cell trucks

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Plug Power, a provider of turnkey hydrogen solutions for the global green hydrogen economy, and Nikola Corporation, a developer of zero-emissions transportation and energy supply and infrastructure solutions, have entered a strategic relationship focused on moving the hydrogen economy forward. Availability is expected to be 2H 2023.

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