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Yamato Transport and CJPT to study standardization and commercialization of cartridge batteries for battery swapping

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Yamato Transport and Commercial Japan Partnership Technologies Corporation (CJPT) will begin studying the standardization and commercialization of replaceable and rechargeable cartridge batteries. CJPT intends to advance plans for commercial BEVs powered by cartridge batteries.

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Gevo signs definitive supply agreement with HCS Holding for commercial supply of renewable isooctane

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has entered into a definitive supply agreement with HCS Holding GmbH (HCS) to supply renewable isooctane ( earlier post ) under a five-year offtake agreement. The Supply Agreement has two phases: In the first phase, HCS will purchase isooctane produced at Gevo’s demonstration hydrocarbon plant located in Silsbee, Texas.

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ABI Research projects worldwide commercial EV market to surpass US$680B by 2027

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According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 This market valuation refers to the total industry-wide global revenues derived from all commercials EVs sold yearly. billion in 2020 to more than US$682 billion by 2030.

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Toyota will invest $14.3B in development of a battery supply system and research and development by 2030

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billion) in the development of a battery supply system and research and development by 2030. For lithium-ion batteries for PHEVs and BEVs, Toyota is working to improve both cost and endurance. For BEVs, Toyota would like to reduce costs and provide BEVs at a reasonable price. trillion (US$14.3 —Masahiko Maeda.

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Pierburg to supply small series hydrogen blower to BMW

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The project aims to reduce the currently still high manufacturing costs of these systems by using low-cost, space-saving components and a high level of integration. This applies, on the one hand, to larger passenger cars and SUVs, and increasingly to commercial vehicles, buses and stationary applications.

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IEA: governments must act to ensure sufficient supply of critical minerals to meet net-zero goals

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Demand outlooks and supply vulnerabilities vary widely by mineral, but the energy sector’s overall needs for critical minerals could increase by as much as six times by 2040, depending on how rapidly governments act to reduce emissions. Ensure adequate investment in diversified sources of new supply. Source: IEA. Source: IEA.

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DOE to award $3M to lower cost of geothermal energy and boost US supply of rare earth elements

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The Energy Department will award up to $3 million for research and development to help grow US low-to-moderate-temperature geothermal resources and support a domestic supply of critical materials, such as lithium carbonate and rare earth elements. ( DE-FOA-0001016 ).

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