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

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A range of devices and machines rely on rare earth elements that are mined and refined largely in China. Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in global markets is limited. Causes of supply disruptions. Riddle et al.

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. This reflects the relative immaturity of these markets, the diverse range of applications and, for the higher end of the range, low volume and bespoke orders. All prices are in real 2021 $, unless stated as nominal.) Packs in the US and Europe cost 40% and 60% higher, respectively.

Price 469
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CARB publishes 2020 CI values for electricity as transportation fuel: average 82.92 gCO2e/MJ, up from 2019

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The California Air Resources Board (CARB) Executive Officer has certified the 2020 annual update to the carbon intensities (CI) of the lookup table pathways for a) California Average Grid Electricity Used as a Transportation Fuel in California and b) Electricity Supplied under the Smart Charging or Smart Electrolysis Provision.

2020 383
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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. Potential opportunities for collaboration in electric vehicle (EV) and battery material supply chains.

Supplies 259
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Neste and Shell sign agreement to increase the supply of sustainable aviation fuel

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Anticipating increasing desire from airlines to reduce emissions, Neste and Shell Aviation have entered into a sustainable aviation fuel (SAF) supply agreement. This agreement significantly increases the supply and availability of SAF for the aviation industry with effect from October 2020.

Supplies 414
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Drive Electro to supply components for another 200 electric buses in Moscow

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Most of the battery packs and propulsion equipment for the Russian capital’s electric buses are made by Drive Electro, which has manufactured and supplied components for 400 of the city’s electric vehicles. This year, Drive Electro will supply Moscow with battery packs for a further 200 electric buses. Up to US$5.2

Supplies 307
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Volvo will supply 20 heavy-duty electric trucks to Amazon in Germany

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The electric versions of its most important product range—the heavy-duty Volvo FH, Volvo FM and Volvo FMX trucks—will play a key role in reaching Volvo Trucks’ global target that in 2030 50% of all new trucks sold will be battery- or fuel-cell-electric. Production of the Volvo VNR Electric for North America began in 2020.

Volvo 355