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Global hydrogen station deployments surpass 1,000; China leads

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The number of hydrogen stations deployed globally has surpassed the 1,000-mark, according to a study by Information Trends. China represents roughly one-third of global deployments, but the US lags far behind with less than 100 hydrogen stations. Another four Asia-Pacific countries have also deployed hydrogen stations.

Hydrogen 514
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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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BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. 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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GlobalData: Government mandates and infrastructure investments to fuel EV growth globally

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Global EV sales reached 7.7 The commercial EV segment is expected to record a CAGR of 15% during the same period. The sales of battery electric commercial vehicles were 0.4 China is the largest EV market in the world, with annual sales of battery electric vehicles (BEVs) of five million units in 2022.

Global 195
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Plus raises $200M in new funding to advance global commercialization of its automated trucks

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Plus plans to use the new funds to accelerate the global commercialization and deployment of its automated trucking system. The company will also scale deployments in the US and China, and expand internationally to Europe and other parts of Asia. Existing investors including Full Truck Alliance (FTA) also participated.

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IDTechEX: solid-state battery market will grow to $8B by 2031

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A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. Source: IDTechEx.

Market 418
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Adamas: LFP market share drops to 6% in global passenger EV batteries in 2019; potential comeback in 2020 with cell-to-pack

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In 2019, the market share of lithium-iron-phosphate (LFP) cathode chemistry fell to 6% in global passenger EV batteries by watt-hours deployed (i.e. Overall, the combined global market share of ternary cathodes (including NCM and nickel-cobalt-aluminum (NCA) varieties) in passenger EV batteries reached 90% in 2019, up from 83% in 2018.

2019 344
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VinES and Li-Cycle announce strategic, long-term battery recycling agreement

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To build on a partnership first announced in October 2022, VinES and Li-Cycle will also continue to explore global recycling solutions for VinFast (also part of Vingroup), the first global electric vehicle (EV) manufacturer in Vietnam and Southeast Asia.

Vietnam 352