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Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

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Alstom and MOL, Hungary’s leading oil and gas company, have signed a Memorandum of Understanding to structure cooperation in examining the use of hydrogen technology in rail transportation. To establish this infrastructure, Alstom already cooperates with oil and gas companies such as Linde in Germany, and Orlen in Poland.

Hungary 334
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Samsung SDI building Li-ion battery plant in Hungary; global triangular production structure

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Samsung SDI has decided to use Hungary as its Li-ion battery production base in Europe. The new facility in Hungary will enable Samsung SDI to establish a global triangular production structure along with existing plants in Ulsan, Korea and Xian, China.

Hungary 150
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Volkswagen Group to add 15 more plants to Industrial Cloud this year

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The Volkswagen Group is pushing ahead with the integration of its plants into the Volkswagen Industrial Cloud; the aim is to further improve the efficiency of the plants and reduce production costs. The Industrial Cloud is built on Amazon Web Services (AWS), and Siemens is the integration partner. Earlier post.)

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Audi and Krajete developing direct air capture technologies for CO2

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AUDI AG and the Austria-based green tech company Krajete GmbH are jointly developing new technologies for filtering emissions from ambient air. They make far-reaching energy and cost reductions possible. This increases efficiency and reduces costs. The long-term goal is to make carbon dioxide usable for industrial purposes.

Audi 304
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Roskill: surge in electrodeposited copper foil projects to meet projected EV demand

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The thinner the foil is, the more active material can be loaded into the electrode, which reduces battery weight, increases battery capacity, and minimizes manufacturing costs and environmental impact. To that end, cutting-edge process control technology and highly competitive production facilities are required.

Malaysia 225
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Benchmark: Li-ion battery pipeline could exceed 6 TWh by end of decade

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Global lithium ion production capacity could reach over 6,000 GWh (6 TWh) by the end of the decade based on current plans, as companies accelerate gigafactory construction in Europe and the US, according to Benchmark Mineral Intelligence. LG Energy Solutions said it would invest KRW 1.7 trillion (US$1.4

Li-ion 199
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Frost & Sullivan: Li-ion battery materials market to reach $51.60B by 2027 from $18.75B in 2020; 15.6% CAGR

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To ensure supply security and strike a balance in cost and driving ranges, leading original equipment manufacturers (OEMs) are expected to opt for an optimized chemistry mix comprising lower-cost LFP batteries, higher-energy-density NCM batteries, and low-cobalt, high-nickel NCM batteries.

Li-ion 170