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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.

Companies 430
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SAF company DG Fuels closes investments with two Japanese companies

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DG Fuels, LLC (DGF), a developer of sustainable aviation fuel (SAF) facilities ( earlier post ), announced the successful closing of investment transactions with two Japanese companies. Additionally, DGF’s production method produces ASTM certified direct replacement fuel with greater fuel density, lower particulate and NO x emissions.

Companies 370
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Si-dominant Li-ion company Enevate targeting power tool market

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Enevate, a pioneer in advanced silicon-dominant lithium-ion (Li-ion) battery technology capable of high energy density and fast charging for electric vehicles (EV), is applying its battery solutions to advanced power cells for the power tool market and other high power applications. Benjamin Park, Enevate Founder and Chief Technology Officer.

Li-ion 286
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Silicon and carbon products company Elkem establishes Vianode as new company and brand for active anode materials for EV market

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Leading silicon and carbon products company Elkem has successfully commissioned its industrial pilot for battery materials in Kristiansand, Norway, starting industrial scale pilot production for customers. The production of battery materials represents one of our biggest growth opportunities.

Companies 210
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BYD and UzAuto to form NEV production JV in Uzbekistan

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BYD and Uzavtosanoat JSC (UzAuto) signed an agreement to establish a joint venture company producing new energy vehicles (NEVs). The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan.

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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. Last year, mergers and acquisitions (M&A) deals reached $24.4 mtpa active and upcoming capacity combined.

Hydrogen 473
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Ducker survey of automakers suggests aluminum content surge in EV market; SUVs & pickups to constitute 85% of the BEV market by 2030

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A new survey of automakers and Tier 1 suppliers conducted by Ducker Carlisle concludes that as electric vehicles continue to enter the mass market, aluminum demand will grow through the end of the decade. BEV share of production nearly doubled from just under 3% in 2020 to approximately 6% in 2022.

Market 449