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Investment in critical minerals in web of doubt, says industry – ET Auto

Baua Electric

Many companies are reluctant to invest in critical minerals and energy transition projects due to uncertainty about consumer demand for EVs and government commitment to zero-carbon goals , industry players said. Both the European Union and 12 U.S. “That makes it very difficult to invest.”

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Volvo Trucks starts series production of heavy-duty electric trucks

Green Car Congress

With these new additions, Volvo Trucks has six electric truck models in series production globally—the broadest electric truck line up in the industry. Now we are ramping up volumes and will deliver these great trucks to customers all over Europe, and later on also to customers in Asia, Australia and Latin America.

Volvo 259
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EAM Jaishankar discusses semiconductors, green growth with Belgium’s top diplomat – ET Auto

Baua Electric

EAM Jaishankar discusses semiconductors, green growth with Belgium’s top diplomat External Affairs Minister S Jaishankar and Secretary-General of the Belgian Ministry of Foreign Affairs , Theodora Gentzis discussed strengthening economic and political cooperation between India, Belgium and the EU on Tuesday.

Green 52
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BASF launches $10B Verbund project in China

Green Car Congress

The first plants will produce engineering plastics and thermoplastic polyurethane (TPU) to serve the increasing needs of various growth industries in the southern China market and throughout Asia. The site would ultimately be the third-largest BASF site worldwide, following Ludwigshafen, Germany, and Antwerp, Belgium.

China 243
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Novelis to acquire downstream aluminum producer Aleris for ~$2.6B; meeting automotive demand, expanding into aerospace

Green Car Congress

In 2002, the Aleris facility in Duffel, Belgium opened its first continuous annealing line to provide automotive body sheet to the automotive industry. With a new wide cold mill and a continuous annealing line, Aleris is equipped to produce the widest aluminum sheet available in the industry.

Kentucky 170
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BASF launches $10B Verbund project in China

Green Car Congress

The first plants will produce engineering plastics and thermoplastic polyurethane (TPU) to serve the increasing needs of various growth industries in the southern China market and throughout Asia. The site would ultimately be the third-largest BASF site worldwide, following Ludwigshafen, Germany, and Antwerp, Belgium.

China 186
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Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22

Green Car Congress

Australia’s Department of Industry, Science and Resources released the December 2022 edition of the Resources and Energy Quarterly (REQ). Despite the spread of new battery manufacturing capacity into Europe and the US, Asia remains the major source of demand for lithium.

Australia 281