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

Green Car Congress

This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina. The report forecasts a supply gap will persist over the outlook period, with total supply from both mine and brine operations currently insufficient to meet demand.

Australia 281
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China exported greater than 2 million automobiles in first part of 2023, BYD and Chery grew quickest

Baua Electric

Moreover, SAIC has proven just right momentum in markets comparable to Mexico, Australia, the United Kingdom, Saudi Arabia, Republic of India, and Thailand. Chery carried out neatly in markets comparable to Russia, Mexico, and Chile.

Chery 52
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IHS Markit: annual investments in green hydrogen production to exceed $1 billion by 2023

Green Car Congress

6 European countries, the European Commission, Russia and Chile have all released hydrogen strategies since May 2020. The current electrolysis pipeline implies that by the mid-2020s, electricity supplied to electrolyzers globally could be on par with the total electricity consumption of Belgium or the US state of New Jersey.

Hydrogen 305
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UN report highlights urgent need to tackle impact of EV battery production boom

Green Car Congress

UNCTAD predicts that some 23 million electric vehicles will be sold over the coming decade: the market for rechargeable car batteries, currently estimated at $7 billion, is forecast to rise to $58 billion by 2024. For example, two-thirds of all cobalt production happens in the Democratic Republic of the Congo (DRC).

Batteries 545