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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. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said.

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Thailand’s EV industry growing rapidly

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According to the Electric Vehicle Association of Thailand, the number of companies that are part of Thailand’s electric vehicle industry has risen significantly since 2015, from 76 to 420 in 2019. million units in 2018. We are pleased to welcome the location of a Mercedes-Benz battery production facility to the Bangkok region.

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CCM: China Li-ion industry booming; domestic outputs triples in 2015 to 15.7 GWh

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Over the past five years, the growth of electrochemical energy storage market in China has outpaced that of the global market, with a CAGR (2010-2015) of 110%—six times as high as that of the global. The power Li-ion battery industry and related industries have become cash cows. putting in the most capital.

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S&P Global: increasing trade of low-carbon biofuel feedstocks heightens supply constraint concerns

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Animal fats and used cooking oil are increasingly joining the likes of lithium, cobalt and copper as energy transitional materials where supply constraints are of growing concern, according to a new analysis of trade flows by S&P Global Commodity Insights Agribusiness Consulting group. The chase is on, and it is here to stay.

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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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by Lewis Black, CEO of Almonty Industries. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% New Tungsten Production Will Open the Global Supply Chain. With the COVID pandemic wreaking havoc on the U.S.

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Global Bioenergies reports first production of isobutene from wheat straw at the industrial pilot scale

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Global Bioenergies and Clariant announced the first isobutene production from a wheat straw hydrolysate, in the industrial pilot of Pomacle Bazancourt. This hydrolysate was converted into renewable isobutene in Global Bioenergies’ industrial pilot operated by ARD in its Pomacle-Bazancourt facility.

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Pike Research forecasts global fuel cell industry to reach $15.7B in 2017

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In its Fuel Cells Annual Report 2012 , Pike Research forecasts that the fuel cell industry—including all applications in the stationary, portable, and transport sectors— will reach $15.7 Due to a jump in orders in 1Q 2012, the industry is on target to surpass the billion-dollar mark by the end of 2012. billion in 2017.

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