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

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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. TWh of batteries needed by 2030 will require $201 billion and the midstream production of battery materials will take the remaining $93 billion.

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Bosch begins electric motor production in Charleston; more than $260M in new investment

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Bosch has begun production of electric motors at its Charleston, S.C. Additionally, the company plans to invest more than $260 million to expand further the production of electrification products at the site, which is expected to create at least 350 net new jobs by 2025. manufacturing facility. methods to gain more efficiency.

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Honda to build new automobile production plant in Brazil doubling annual production capacity to 240,000 units in 2015

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HAB), the Honda automobile production and sales subsidiary in Brazil, plans to build a new automobile production plant with annual production capacity of 120,000 units. The new plant, scheduled to become operational in 2015, will produce Fit-class compact vehicles, for which demand is high on a global basis.

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Honda to build new automobile production plant in Thailand; total capacity to increase to 420,000 units in 2015

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HATC), Honda’s automobile production and sales subsidiary in Thailand, plans to build a new automobile production plant with an annual production capacity of 120,000 units. HATC is planning to produce primarily small and sub-compact sized vehicles at the new plant, for which demand is increasing on a global basis.

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Ford builds 2-millionth EcoBoost engine, with take rates growing globally; expected to exceed Ford’s global diesel production

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With customer demand exceeding its initial projections, Ford now expects EcoBoost production to exceed its global diesel engine production. Ford’s global EcoBoost engine family now includes the 1.0-liter Ford doubled Cologne, Germany, production of 1.0-liter Production. Global take rates. liter and 2.0-liter

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GM’s Brownstown Battery Assembly expands; building new battery system for 2015 Chevrolet Spark EV

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General Motors will bring all its electric vehicle battery pack building capabilities in-house with production of battery systems for the 2015 Chevrolet Spark EV at its expanded battery assembly plant in Brownstown, Mich. —Larry Nitz, executive director of GM global transmission and electrification engineering.

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Toyota moves to expand mass-production of fuel cell stacks and hydrogen tanks towards ten-fold increase post-2020

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Toyota projects that global sales of fuel cell electric vehicles (FCEV) will increase significantly after 2020 to at least 30,000 per year from today’s 3,000. The production of high-pressure hydrogen tanks will be handled by a new, dedicated line to be added inside the nearby Shimoyama Plant (Nº 3) in Miyoshi City (Aichi Prefecture).

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