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

Green Car Congress

Operating capacity for splitting water into hydrogen and oxygen through electrolysis technology currently stands at 82 MW with a pipeline of more than 23 GW, according to the IHS Markit Power-to-X tracker. 6 European countries, the European Commission, Russia and Chile have all released hydrogen strategies since May 2020.

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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. This has forced local quinoa farmers and llama herders to migrate and abandon ancestral settlements.

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