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GE study finds 5% of worlds natural gas production wasted per year by flaring

Green Car Congress

A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. It will help slow global warming while also saving scarce natural resources.

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IHS Markit: battery recycling industry poised for substantial growth as number of batteries reaching their end of life to increase seven-fold by 2030

Green Car Congress

Meanwhile, the continued electrification of the automobile is set to push demand for new batteries to new heights—from 250 GWh in 2020, to more than 1,700 GWh in 2030 and nearly 5,000 GWh per year in 2050. That figure is expected to rise to 1.2 million tons (121 GWh) in 2025 and reach 3.5 million tons) by 2030.

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Decoding The Complex Supply Chain In The Electric Vehicle Industry

Get Electric Vehicle

  In this article, we will explore the depths of the EV supply chain, from global suppliers to raw materials, manufacturing complexities to logistics and distribution, and the exciting world of supply chain risk management. Here are some major global suppliers in the EV industry. Electric Vehicle Supply Chain #1.

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The Magnet That Made the Modern World

Cars That Think

The global market for these magnets is expected to reach $20 billion a year within a couple of years, as the automobile industry shifts towards electric vehicles and as utilities turn increasingly to wind turbines to meet growing demand. Today, some 95 percent of permanent magnets are neodymium-iron-boron.