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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. Manufacturing the additional 2.7 Global investment in technologies to help the energy transition reached a record $1.3

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BASF boosts support for sustainable road construction with global distribution rights for RheoFalt rejuvenator

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BASF now has the worldwide distribution rights for RheoFalt smart additives to modify asphalt and bitumen manufactured by the Netherlands-based company Ventraco. RheoFalt HP-AM, a powerful rejuvenator, enables 100% recycling of old asphalt, and has been scoring outstanding results in internal and external tests for 10 years.

Global 397
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Lancet Commission report estimates pollution responsible for 9 million premature deaths globally in 2015; 16% of deaths

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Pollution is the largest environmental cause of disease and premature death in the world today, according to the newly released report detailing the adverse effects of pollution on global health by the The Lancet Commission on Pollution and Health. of global economic output. Chemical pollution is a great and growing global problem.

Pollution 186
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Volvo Cars, POC and Ericsson to demo connected car and bike helmet prototype at International CES 2015

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Volvo Cars, protective gravity sports gear manufacturer POC and Ericsson will present an innovative safety technology connecting drivers and cyclists at the International CES in Las Vegas next month. Some select cycling statistics: Globally, 132.3 —Klas Bendrik, VP and Group CIO at Volvo Cars.

Volvo 259
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GM restructuring; changing product development, production; 5 NA & 2 international plants shutting next year; staff reduction

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General Motors on Monday outlined a series of major restructuring steps that it said would accelerate its transformation for the future, building on the strategy it laid out in 2015 to strengthen its core business, to capitalize on the future of personal mobility and to drive significant cost efficiencies. Optimizing product portfolio.

GM 207
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USA Rare Earth acquires US rare earth permanent magnet manufacturing capability from Hitachi; mine-to-magnet

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USA Rare Earth, LLC, the funding and development partner of the Round Top Heavy Rare Earth and Critical Minerals Project in West Texas, has purchased the neodymium iron boron (NdFeB) permanent magnet manufacturing equipment formerly owned and operated in North Carolina by Hitachi Metals America, Ltd.

USA 207
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Stellantis-LG Energy Solution battery joint venture named NextStar Energy; 45 GWh plant in Windsor

Green Car Congress

The manufacturing facility is targeted to have an annual production capacity in excess of 45 gigawatt hours (GWh) and will create an estimated 2,500 new jobs in Windsor and the surrounding areas. Lee has held a series of global and regional sales and marketing roles for the promotion of lithium-ion batteries at LG Chem since 2001.

San Jose 325