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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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600 MWh Tesla Megapacks to support Ørsted Wind Farm in the UK

Teslarati

600 MWh Tesla Megapacks will be installed on the same site as Ørsted’s Hornsea 3 Offshore Wind Farm in eastern England. Tesla is excited to be part of this industry-leading project with an exceptional partner. Ørsted’s Hornsea 3 Offshore Wind Farm is located near Norwich, Norfolk, in Swardeston.

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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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Geologists discover new path to rare earth mineral formation; implications for green energy and tech industries

Green Car Congress

Researchers from Trinity College Dublin have shed new light on the formation mechanisms of a rare earth-bearing mineral that is in increasingly high demand across the globe for its use in the green energy and tech industries. electronics, wind turbines, hybrid cars).

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CSIRO roadmap finds hydrogen industry set for scale-up in Australia

Green Car Congress

An economically-sustainable hydrogen industry in Australia could soon be on the cards according to a blueprint released by CSIRO, the national science agency, which found that cost-competitiveness is firmly on the horizon. Source: CSIRO. —CSIRO Chief Executive Dr Larry Marshall.

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Lucid Air achieves industry-best 0.21 coefficient of drag

Green Car Congress

With tests recently completed at Windshear ’s advanced rolling-road wind tunnel, Lucid verified a coefficient of drag of 0.21, making the Lucid Air the most aero-efficient luxury car. The effectiveness of this diffuser has been enhanced by extending it forward by virtue of the battery pack itself providing part of its curved form.

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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.