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

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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.

Supplies 259
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Amogy, Skansi and SEAM to explore ammonia as fuel for offshore supply vessels

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Founded in 2020 by four MIT PhD alumni with a shared vision, Amogy aims to enable the decarbonization of the heavy-duty transportation sector. Skansi owns and operates 5 platform supply vessels. This opportunity allows all parties to work together in pursuit of a decarbonized shipping industry.

Supplies 273
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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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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. Causes of supply disruptions. Riddle et al.

Supplies 468
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Fraunhofer IFF team designing hydrogen factory of the future

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Researchers at the Fraunhofer IFF in Germany are designing the distributed and modular production and distribution of green hydrogen for industry, business and transportation throughout the value chain—a hydrogen factory of the future. The hydrogen factory of the future. © Fraunhofer IFF.

Hydrogen 435
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Equinor contracts for first green-ammonia-fueled supply vessel; 2MW SOFC

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Norway-based energy company Equinor has contracted with Eidesvik Offshore for the Viking Energy supply vessel, which is being retrofitted to make it capable of covering long distances fueled by carbon-free ammonia. The vessel will transport supplies to installations on the Norwegian continental shelf (NCS). The Viking Energy.

Supplies 395
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Schaeffler supplying modular hybrid transmission to 2020 Ford Explorer, Ford Police Interceptor Utility and Lincoln Aviator

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Automotive and industrial supplier Schaeffler is supplying its modular hybrid transmission to the 2020 Ford Explorer and Police Interceptor Utility, as well as the 2020 Lincoln Aviator. It also turned a fastest lap time that was 2.4 seconds better than the 3.7-liter liter and fastest average lap time that was 1.7 seconds better.

2020 186