Green Car Congress

APRIL 24, 2021

The resulting company will have a A$4-billion (US$3.1-billion) The merged entity will also be the fifth-largest lithium company by production according to Benchmark’s Lithium Forecast, with Orocobre and Galaxy’s active assets delivering a combined capacity of around 35,000 tpa LCE. —Galaxy Chairman Martin Rowley.

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Global Companies Chinese Argentina 243

Green Car Congress

JUNE 16, 2022

General Motors will invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ ( earlier post ). The investment will be used to purchase and install related equipment to hand-build the CELESTIQ and campus renovation work has already begun.

Cadillac 435

Cadillac Global GM General Motors 435

Green Car Congress

DECEMBER 9, 2021

Octillion Energy, a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems, has achieved the milestone of shipping more than 1,500 battery packs a day and expects to hit 2,000 packs per day this month. billion kilometers driven on its systems.

Batteries 329

Batteries Battery Lithium Ion Global 329

Green Car Congress

NOVEMBER 17, 2022

Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain.

BMW 444

BMW CO2 Global Production 444

Green Car Congress

NOVEMBER 4, 2022

Li-Cycle Holdings, the leading lithium-ion battery recycler in North America, and Vines Energy Solutions ( VinES ), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, launched a global recycling partnership. Earlier post.)

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Li-ion Lithium Ion Batteries Battery 273

Green Car Congress

JULY 7, 2023

bp ventures has committed $10 million, leading the Series B investment round, in WasteFuel , a California-based biofuels company that will use proven, scalable technologies to convert bio-based municipal and agricultural waste into lower carbon fuels, such as biomethanol. billion metric tons by 2050.

Waste 284

Waste Gas-Electric Companies Electric Vehicles 284

Green Car Congress

MARCH 3, 2022

In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. The company also unveiled targets for sales and financial performance to be achieved by 2030. Under the new plan, the company aims to boost annual global BEV sales to 1.87

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Hyundai Motor Motors Motoring 370

Green Car Congress

MARCH 3, 2021

The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year. Many economies are now seeing emissions climbing above pre-crisis levels.

Emissions 433

Emissions Carbon Global Gas-Electric 433

Green Car Congress

NOVEMBER 12, 2021

The vehicle was jointly developed by Toyota and Subaru; Toyota’s version is the bZ4X, which the company unveiled last month in Japan ( Earlier post.) The two companies entered into a new business and capital alliance in September 2019.

Electric Vehicles 432

Electric Vehicles Vehicles All-Electric Electric 432

Green Car Congress

AUGUST 11, 2023

Global EV sales reached 7.7 million units in 2035, driven by government mandates and infrastructure investments, according to GlobalData, a data and analytics company. Being an early adopter of EVs, China has numerous local and international companies offering a range of EV models. million units in 2022, up from 1.4

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Electric Vehicles Global All-Electric Fuel 195

Green Car Congress

NOVEMBER 14, 2022

The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% The decline in 2020 of -5.2% increase in 2021.

Emissions 221

Emissions Global Carbon Coal 221

Green Car Congress

JULY 27, 2023

Global sales of Nissan Motor electric vehicles have surpassed the 1-million unit milestone. The company also aims to launch EVs powered by all-solid-state batteries developed in-house by fiscal year 2028 and to expand its EV lineup to meet the diverse needs of customers around the world.

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Nissan Global Electric Vehicles Sale 195

Green Car Congress

OCTOBER 12, 2022

The investment will support acceleration of Infinium’s commercial developments globally. SK Trading International (SKTI), a wholly owned subsidiary of SK Innovation, has closed a round of institutional funding into electrofuels developer Infinium. Earlier post.)

Fuel Alternative 435

Fuel Alternative Carbon Hydrogen Mariner 435

Green Car Congress

OCTOBER 9, 2022

The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

Li-ion 458

Li-ion Lithium Ion Batteries Battery 458

Green Car Congress

FEBRUARY 21, 2023

Specialty chemicals company Evonik has invested in battery specialist SuperC. The Chinese company is a provider of graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries. Evonik has also its own global lithium-ion research center in Shanghai.

Lithium Ion 279

Lithium Ion Chinese Batteries Battery 279

Teslarati

NOVEMBER 27, 2023

will participate at the Barclays Global Automotive and Mobility Tech Conference this week. Besides Rivian , other notable automakers, like General Motors, have announced they would participate at the Barclays Global Automotive and Mobility Tech Conference. Rivian Automotive, Inc. The live webcast of the discussion is available here.

Global 95

Global General Motors Motor Motors 95

Green Car Congress

MAY 3, 2021

Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.) tons by 2040.

Lithium Ion 448

Lithium Ion Electric Vehicles Companies Energy Storage 448

Green Car Congress

OCTOBER 28, 2022

Concurrent with the closing of the round, Till Reuter, former CEO of KUKA, and David Fuller, former CTO of KUKA and current CEO of Artificial, will join the company as independent board directors. Supply chain efficiency and resiliency are top of mind for many companies today.

BMW 448

BMW Companies Vehicles Japan 448

Green Car Congress

MAY 21, 2022

Joint ventures between automakers and battery companies have been central to this growth. In 2031, China is set to have almost 4,500 GWh of gigafactory capacity, representing 70% of global capacity. Europe has increased its pipeline by eight gigafactories over the same period.

China 433

China Batteries Battery Lithium Ion 433

Green Car Congress

JUNE 3, 2021

SK Corp, the holding company of SK Group, has made a strategic investment in Monolith , a US company that has developed a plasma-based process to produce “cyan” hydrogen—between green (via electrolysis using renewable energy) and blue (conversion of methane accompanied by CO 2 capture and storage). Earlier post.).

Hydrogen 468

Hydrogen Clean Cleaning Gas-Electric 468

Green Car Congress

AUGUST 23, 2023

Australia-based hydrogen fuel cell vehicle company H2X Global recently secured a US$57-million deal with US-based firm, Verde Mobility Inc., We anticipate this will crank up our vehicle production to 25,000 units a year, and provide a sturdy financial foundation for the company. million investment into H2X.

Vehicles 195

Vehicles Hydrogen Fuel North America 195

Green Car Congress

FEBRUARY 22, 2023

Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. This transaction also offers TMC shareholders exposure to a royalty company that I am confident under Brian’s leadership will become a market leader.

Carbon 352

Carbon Companies Nauru Kiribati 352

Green Car Congress

SEPTEMBER 30, 2022

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

Batteries 259

Batteries Battery South Korea Supplies 259

Green Car Congress

MAY 26, 2023

Higher crude prices and continued optimization improvements have driven the first upward revision to the S&P Global Commodity Insights 10-year oil sands production outlook in more than half a decade. The new forecast, produced by the S&P Global Commodity Insights Oil Sands Dialogue , expects Canadian oil sands production to reach 3.7

Oil-Sands 221

Oil-Sands Oil Insight Global 221

Green Car Congress

OCTOBER 18, 2022

The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. of global emissions. Companies are already becoming more ambitious in their projects.

Carbon 293

Carbon Global Tax Credit Emissions 293

Green Car Congress

JUNE 24, 2023

The aviation sector alone contributes 2-3% of global carbon emissions. Sustainable aviation fuels decarbonizing air transport are called for globally by industry and regulators.

Global 150

Global Fuel Hydrogen Climate Change 150

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said. Closing this 2.7

Lithium Ion 243

Lithium Ion Batteries Battery Global 243

Green Car Congress

JULY 27, 2023

Benchmark’s Lithium Forecast shows that the region is expected to account for just 4% of global mined lithium supply this year. However, by 2033 its market share is forecast to triple to 12% of global supply. In graphite—unlike in cobalt and lithium—non-Chinese companies are the dominant investors on the continent.

Supplies 195

Supplies Namibia Global Africa 195

Green Car Congress

JULY 17, 2022

E-fuels company HIF (Highly Innovative Fuels) Global has begun the development of Australia’s first large-scale, carbon-neutral eFuels production facility in Tasmania. Our global plan is to produce over 8 billion liters a year of carbon-neutral eFuels—enough to decarbonize 5 million vehicles. Earlier post.).

Australia 186

Australia Global Chile Porsche 186

Green Car Congress

MARCH 28, 2021

Norway-based Green inverstment company Saga Pure ASA has committed to subscribe for NOK 30 million (US$3.5 Following the private placement, Saga will have an ownership of approximately 33% in the company. Completion of the private placement is subject to the success of certain near-term company milestones.

Hydrogen 475

Hydrogen Norway Companies Transportation 475

Green Car Congress

MARCH 7, 2023

Tesla in Berlin, Northvolt in northern Germany and Italvolt near Turin are among the projects that stand to lose the greatest volumes of their slated capacity as the companies weigh up investing in the US instead. Battery investment in the US and China continued to grow, and European companies have already signalled expansion in America.

Batteries 430

Batteries Battery Li-ion Lithium Ion 430

Green Car Congress

JULY 8, 2022

With immediate effect, responsibility for global battery business is to be held by the newly created company “PowerCo”. In addition to cell production, the new company will be responsible for activities along the entire battery value chain. PowerCo will become a global battery player.

Batteries 259

Batteries Battery Standards Global 259

Green Car Congress

JUNE 6, 2021

Volvo Cars achieved its eleventh consecutive month of sales growth as the company’s global sales increased by 43% in May, compared with the same month last year. In China, where sales returned to growth around this time last year, the company reported a steady increase of 11.7%. Globally, Recharge cars accounted for 23.7%

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Volvo Plug-in Plug Cars 301

Green Car Congress

JULY 30, 2023

The parties have now agreed to set up a joint venture company by the end of 2023, of which Beijing Easpring Material Technology will own 70% and Finnish Minerals Group 30%. The goal of the company is a state-of-the-art production plant capable of offering precursor cathode active material with an unprecedentedly low carbon footprint.

Lithium Ion 195

Lithium Ion Finland Batteries Battery 195

Green Car Congress

MAY 21, 2021

In addition, the companies intend to design and develop jointly even more advanced next-generation battery cells and packs for truck-specific applications, with a focus on high modularity and scalability in order to support different truck applications and flexible compatibility with future e-truck models.

Lithium Ion 435

Lithium Ion Batteries Battery Mercedes 435

Green Car Congress

APRIL 7, 2022

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). AME remains the majority shareholder of HIF Global LLC.

Porsche 243

Porsche Chile Global Industrial 243

Green Car Congress

APRIL 2, 2022

Therefore, automakers are committing operational investments of nearly US$600 billion to secure their position in the future automotive market, according to GlobalData, a leading data and analytics company. It is near the top of the game for companies active in the EV space. The company leads in deals (M&A, partnerships, JV, etc.)

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Toyota Global Batteries Battery 370