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Adamas Intelligence forecasts global passenger EV market to deploy 762.9 GWh onto roads in 2023; December rule of thumb

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GWh of battery capacity will be deployed onto roads in newly passenger EVs globally (+/- 12%). million passenger EVs (HEVs, PHEVs, BEVs) will be sold globally (+/- 10%) in 2023, translating to a sales-weighted average pack capacity of 38.7 GWh deployed onto roads globally. Additionally, Adamas projects that 19.7 kWh, up from 34.0

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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

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Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). Founded in 1991, GEM (Global Emerging Markets) is a $3.4-billion A tech-heavy ESG company mining in the emerging markets is a rare find.

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Hyundai Motor Group’s connected car services reach 10M global service subscribers

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Hyundai Motor Group surpassed 10 million global connected car service subscribers this month. The Group introduced the first connected car services in Korea in 2003 and has since expanded the services to the global market. The milestone comes one year and 10 months after reaching 5 million subscribers in August 2021.

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GlobalData: Government mandates and infrastructure investments to fuel EV growth globally

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Global EV sales reached 7.7 million units in 2018, and are anticipated to reach 51.6 China is the largest EV market in the world, with annual sales of battery electric vehicles (BEVs) of five million units in 2022. The presence of market leader China in the APAC region is the key factor for its major share.

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GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

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The global battery energy storage market will to grow to $13.13 Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. APAC will continue to be the largest market, reaching $6.05 billion by 2023, according to a new forecast by GlobalData.

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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. Global energy investment totalled more than US$1.8

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Amogy presents retrofitted 2018 Freightliner Cascadia powered by ammonia-to-power system

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Beyond its incredible energy-density and liquid phase at an ambient temperature, ammonia is an optimal fuel to achieve rapid decarbonization of heavy transportations because it is available globally with existing infrastructure already in place. —Seonghoon Woo, CEO at Amogy.

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