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Heliogen and Bloom Energy demonstrate production of low-cost green hydrogen; concentrated solar and high-temp electrolysis

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Heliogen and Bloom Energy have successfully demonstrated the production of green hydrogen by integrating the companies’ technologies: Heliogen’s concentrated solar energy system and the Bloom Electrolyzer. Electricity accounts for nearly 80% of the cost of hydrogen from electrolysis. Source: Heliogen. Source: Heliogen.

Low Cost 397
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Argonne-led team develops new low-cost cobalt-based catalyst for PEM electrolysis

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A multi-institutional team led by the US Department of Energy’s (DOE) Argonne National Laboratory (ANL) has developed a low-cost cobalt-based catalyst for the production of hydrogen in a proton exchange membrane water electrolyzer (PEMWE). volts (Nafion 212 membrane) and low degradation in an accelerated stress test.

Low Cost 186
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Ford compares new low-cost EV platform to Rivian and Tesla, says rivals will turn to China

Baua Electric

Ford CEO Jim Farley compared its new low-cost EV platform to Rivian and Tesla. Farley revealed the Skunkworks team was developing a low-cost EV platform for its next-gen EVs in February on a media call with investors. Smaller, more affordable vehicles use fewer battery materials, reducing costs and improving margins.

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Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company

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billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” and operate as The Metals Company upon closing. Rising raw materials prices risk undermining EV manufacturers’ efforts to drive down the cost of EV batteries necessary for mass adoption; and. Source: DeepGreen.

Companies 418
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“Low cost, high performance”: Bhavish Aggarwal calls his EV battery ‘Bharat Cell’ a gamechanger for India – ET Auto

Baua Electric

Globally, only a few companies have this technology capability,” Bhavish Aggarwal told in a podcast session. Batteries make up a significant part of the cost of manufacturing a unit electric vehicle. Aggarwal said his electric mobility company Ola Electric’s mission statement is to make India the global EV hub.

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Benchmark: battery demand for manganese set to increase 8-fold this decade

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Manganese is a crucial element in nickel cobalt manganese (NMC) cathodes and can be used to improve the range of electric vehicles at a relatively low cost. Automotive companies are increasingly turning to manganese-intensive forms of battery chemistry due to lower cost structures and improved performance.

Batteries 195
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Amyris achieves record low cost farnesene production; sales growth in performance polymers and industrial solvents markets

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Amyris, Inc., , a company which converts plant-sourced sugars into renewable hydrocarbons, reports achieving a record low manufacturing cost of $1.75 per liter (US$6.63/gallon) gallon) for farnesene in September 2015.

Polymer 150