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Walmart Will Test a Green-Hydrogen Fuel Cell Truck in Chile

Cars That Think

Latin America’s first green-hydrogen-powered fuel cell truck has hit the road in Chile, marking a milestone for the country’s decarbonization efforts. Data collected from the testing phase will provide a road map for Walmart and its partners to scale up hydrogen fuel cell trucks across Chile. million in funding for the program.

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HIF Global, Porsche and Volkswagen Group unveil new direct air capture unit to be installed at eFuels plant in Chile in 2024

Green Car Congress

At the IAA Summit in Munich, HIF Global, together with Porsche AG, Volkswagen Group Innovation and MAN Energy Solutions, announced the development and installation of a Direct Air Capture (DAC) unit at the HIF Haru Oni Demonstration facility in southern Chile in 2024. Earlier post.) Earlier post.)

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Ensorcia to invest €200M to build lithium hydroxide conversion plant in Europe

Green Car Congress

Chile-based Ensorcia Metals , a specialist in the extraction and transformation of high purity lithium, will invest €200 million to build a lithium hydroxide conversion plant in Europe.

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GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

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The global battery energy storage market will to grow to $13.13 The US has been the largest market for Battery Energy Storage System (BESS) both in terms of cumulative installed capacity and by market value for projects installed up to 2018 and is likely to continue to lead the market at the country level.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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Domestic installation of energy-efficient heat pumps came to $50.8 Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 A geographical split of BNEF’s energy transition investment data shows that Europe accounted for the biggest slice of global investment, at $166.2

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 The increase reflected several influences, according to the report, including a boom in solar installations in China and Japan—totalling $74.9 billion set in 2011. billion between those two countries—and a record $18.6

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Hyundai Motor Group signs MOU with SK On to secure EV battery supply for N America

Green Car Congress

SK On’s batteries are already installed in the Hyundai IONIQ 5, IONIQ 6, and Kia EV6. Hyundai Motor Group is accelerating electrification efforts with the global target to sell 3.23 To realize this goal, the Group plans to establish a global EV production network that will ensure a stable supply of EVs around the globe.