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GM, POSCO Future M announce 2nd phase of CAM production in N America; adding pCAM

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General Motors and POSCO Future M announced the second phase of their Ultium CAM joint venture, an investment projected to exceed US$1 billion to increase production capacity of cathode active materials (CAM) in North America and integrate precursor materials production. Cell Manufacturing and R&D Dec. Cell Manufacturing and R&D Dec.

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BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

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In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. These countries accounted for one-third of global GDP in 2019. Such low renewable hydrogen costs could completely rewrite the energy map.

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BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

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This also expresses our confidence for the future business development. Those companies capable of developing and combining hardware and software in equal measure will shape the future of the automobile. In paving the way for the future of mobility, a substantial level of upfront expenditure was required.

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DOE to award up to $100M for future coal plants in Coal FIRST initiative

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The US Department of Energy (DOE) intends to provide up to $100 million in awards ( DE-FOA-0002116 ) for the Coal FIRST (Flexible, Innovative, Resilient, Small, and Transformative) initiative (announced in November 2018), which aims to develop coal plants of the future that will provide secure, stable, reliable power with near-zero emissions.

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Study finds running a hydrogen plane could be cheaper than traditional aircraft by 2035; requires correct policies and incentives

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An economic study by research group Steer, and commissioned by T&E, looked at future operating costs of hydrogen planes on intra-European flights and found that they could be an efficient, cost competitive technology to decarbonize the sector, provided kerosene is taxed adequately. (If GJ—approximately €0.37/L.)

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Diesel giant Cummins makes $3.7B bet on an electric truck future with players like the Tesla Semi

Teslarati

It would also allow the company to offer electric truck manufacturers the option to source their drivetrain from Cummins. In the US, after all, customers have the option of acquiring a truck from a manufacturer like Freightliner while specifying a diesel engine from a company like Cummins. . The post Diesel giant Cummins makes $3.7B

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California Energy Commission awards SPARKZ $2.6M to support development of cobalt-free solid-state batteries

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SPARKZ will be announcing its private sector investors, customers and OEM partnerships in the near future. Its initial research shows the ability to reduce the cost of cell manufacturing by about 40%, while maintaining energy density and cycle-life comparable to chemistries that utilize cobalt.