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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Map of Western Australia showing the location of Global Lithium’s assets.

Supplies 259
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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

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The supply will go beyond 2030. In addition, the companies intend to design and develop jointly even more advanced next-generation battery cells and packs for truck-specific applications, with a focus on high modularity and scalability in order to support different truck applications and flexible compatibility with future e-truck models.

Global 435
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Amogy and Trafigura to research ammonia cracking technology as a facilitator to global hydrogen supply chains

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The findings of this joint research on ammonia cracking will help support industry-wide efforts to decarbonize transport and heavy industrial processes and lower carbon emissions to meet global climate goals. Founded in 2020 by four MIT PhD alumni, Amogy aims to enable the decarbonization of the heavy-duty transportation sector.

Hydrogen 186
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Argonne study finds rare earth supply disruptions can have long-range impacts

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Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in global markets is limited. Rare earth elements are essential to many emerging technologies, including those that support a clean energy future. China dominates the global rare earths market.

Supplies 468
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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

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This marks a 6% drop from $140/kWh in 2020. Continuing cost reductions bode well for the future of electric vehicles; however, the impact of rising commodity prices and increased costs for key materials such as electrolytes has put pressure on the industry in the second half of the year. This will help to ease lithium prices.

Price 469
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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

Global 344
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Volkswagen global EV production network grows with launch of second German site in Emden

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Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 million all-electric vehicles a year based on the MEB in the future at its sites in Europe, the US and China. 4’s start-up is on schedule, despite the global challenges during the two-year conversion phase.

Global 435