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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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T&E used publicly available information to assess the 50 gigafactories announced in Europe based on their finance and permits, whether they had secured a location, and the companies’ links to the US. EU battery manufacturing is caught in the crossfire between America and China. Europe must act or risk losing it all.

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FREYR Battery to site US gigafactory in Georgia; initial investment $1.7B, growing to $2.6B through 2029

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FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The Giga America project will be based on the SemiSolid technology of FREYR’s US-based licensing partner, 24M. FREYR evaluated 163 potentials sites in 25 states. According to Rystad Energy, to satisfy a 1.6-degree

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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

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trillion is spent annually on transport globally, mostly in ways that exacerbate rather than solve the problems associated with traffic growth, including congestion, health-harming air pollution, accidents, energy insecurity, and climate change. The report, A Paradigm Shift Towards Sustainable Low Carbon Transport , finds that more than $1.5

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. North America. North America continues to be an impetus to global light vehicle demand levels. South America.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. More mainstream models will come from Kia, Mahindra, Škoda, and Volkswagen.

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Volkswagen of America to invest $10M in EV charging infrastructure by 2016; calls for more legislative support to spur EV adoption

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Volkswagen of America will invest $10 million by 2016 to support the build-out of electric vehicle charging infrastructure in the US, said Jörg Sommer, vice president, product marketing and strategy. Examples in this category include protecting and expanding existing tax credits in the Energy Independence and Security Act.

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