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Ford sources battery capacity and raw materials for 600K EV annual run rate by late 2023, 2M by end of 2026; adding LFP

Green Car Congress

Ford also is leveraging its long-standing connection with LG Energy Solution (LGES) and its strategic relationship with SK On to meet its battery capacity target for late 2023. This is part of a multi-metal MOU that leverages the scale of Ford’s aluminum business and includes a potential opportunity on copper.

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Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil

Green Car Congress

Exxon Mobil Corporation is acquiring XTO Energy Inc. These will complement ExxonMobil’s holdings in the United States, Canada, Germany, Poland, Hungary and Argentina. in an all-stock transaction valued at $41 billion.

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16 National Hydrogen Associations Submit Statement to UNFCC Highlighting Hydrogens Potential Contribution to Curbing GHG Emissions

Green Car Congress

Members of the 16 PATH associations whose industrial and educational members represent 39% of the world’s population and 76% of the world GDP: Argentina: Asociación Argentina del Hidrógeno. Australia: Australia Institute of Energy - Hydrogen Division. China: China Association for Hydrogen Energy.

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Study reports non-US global shale gas recoverable resources of 5,760 Tcf; global shale gas boosts total recoverable natural gas resources by 40%

Green Car Congress

These include France, Poland, Turkey, Ukraine, South Africa, Morocco, and Chile. In addition to the United States, this group includes Canada, Mexico, China, Australia, Libya, Algeria, Argentina, and Brazil. The US is second, with 862 Tcf, followed by Argentina with 774 Tcf and Mexico with 681 Tcf. Background.

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Lux Research: Australia best positioned to be next big shale play; China and Argentina next

Green Car Congress

Hydraulic fracturing and horizontal drilling have unlocked shale gas and tight oil resources previously written off as uneconomical, single-handedly altering North America’s energy landscape. Others such as Poland have not been so lucky, with ExxonMobil and Talisman Energy pulling out after disappointing exploration results.

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Ford will use module-less LFP batteries from CATL

Push EVs

Ford also is leveraging its long-standing connection with LG Energy Solution (LGES) and its strategic relationship with SK On to meet its battery capacity target for late 2023. This is part of a multi-metal MOU that leverages the scale of Ford’s aluminum business and includes a potential opportunity on copper.

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