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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

Global cumulative energy storage installations. The report goes on to model the impact of this on a global electricity system increasingly penetrated by low-cost wind and solar. Just 10 countries are on course to represent almost three quarters of the global market in gigawatt terms, according to BNEF’s forecast.

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China is exporting so many EVs that it needs more ships – a lot more

Baua Electric

Demand is so high that the country is on track to amass what will be the world’s fourth-largest fleet in a few short years, with new trade routes being created especially for Chinese EVs. Hence, cheap EVs coming your way (well, not in the US, at least not yet anyway). to 8.7%,” Veson analyst Andrea de Luca told Reuters. “We

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Hertz says it will invest some of proceeds from selling Tesla cars back into gas cars

Baua Electric

Back in 2021, Hertz announced an important effort to electrify its fleet of rental cars, led by a massive purchase of 100,000 Tesla Model 3 vehicles. The rental company’s Tesla fleet has been growing over the last few years, and it reported that Tesla vehicles are increasing Hertz’s customer satisfaction.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases.

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MAN Diesel & Turbo announces new ME-LGI dual-fuel engine for methanol and LPG; Waterfront Shipping signs LOI for four units

Green Car Congress

Methanol and LPG carriers have already operated at sea for many years and many more LPG tankers are currently being built as the global LPG infrastructure grows. With a viable, convenient and comparatively cheap fuel already onboard, it makes sense to use a fraction of the cargo to power the vessel.

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Hyundai CEO Jose Muñoz says consumers would pay for a richer combine

Baua Electric

They search for just right attribute, just right design and just right generation at cheap costs. We need to succeed in a 7 % [global] percentage of battery-electric automobiles via 2030. All through the pandemic, automakers around the business decrease the selection of automobiles moving to fleet consumers.

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Why 2023 will be another great year for electric vehicles

My Energi

While electric car registrations in 2022 were undoubtedly affected by the global chip shortage and issues relating to the war in Ukraine – notably supply constraints on wiring looms – they were still 21% higher than the previous year, and we can expect annual growth rates of around 30% for the next two years.