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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 However, batteries are the fastest-growing demand market for nickel.

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TEPCO and Toyota develop stationary storage battery system using EV batteries

Green Car Congress

(TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries.

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Scania and Northvolt unveil green battery capable of powering heavy trucks for 1.5M km

Green Car Congress

Scania and Northvolt unveiled a jointly developed battery cell for heavy electric vehicles. Produced with fossil-free electricity in northern Sweden, the cell’s carbon footprint is approximately one-third that of a comparative industry reference. million kilometers—equivalent to the truck’s whole lifetime.

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Ulstein introduces second hydrogen vessel design: J102 hydrogen hybrid wind turbine installation vessel

Green Car Congress

Ulstein has introduced its second hydrogen hybrid vessel design for the offshore industry. The ULSTEIN J102 zero emission wind turbine installation vessel (WTIV), can operate 75% of the time in zero emission mode. The downside however of a high-power battery energy storage system (BESS) is the heavy weight and cost.

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ExOne collaborates with Maxxwell Motors on development of 3D-printed copper windings for axial flux electric motors

Green Car Congress

ExOne and Maxxwell Motors have successfully binder jet 3D printed a high-efficiency copper e-winding design for an electric motor without rare-earth magnets. ExOne and Maxxwell Motors have successfully binder jet 3D printed a high-efficiency copper e-winding design for an electric motor without rare-earth magnets.

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Mercedes-Benz Cars plants to source electricity from German wind farms

Green Car Congress

Mercedes-Benz Cars has entered into a power purchase agreement with Statkraft, Europe’s largest producer of renewable energy, enabling Mercedes-Benz Cars to source electricity directly from wind farms in Germany, whose subsidies from the Renewable Energy Act (EEG) expire after 2020.

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2023 was a record year for wind power growth – in numbers

Baua Electric

Photo: Strauss Wind The global wind industry installed 117 gigawatts (GW) of new capacity in 2023, making it the best year ever for new wind energy – here’s what happened and where. Annual wind installations increased in all regions except Europe and North America. Brazil installed 4.8 GW total installed.

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