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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

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. Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle.

Industry 243
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Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines

Green Car Congress

Critical minerals mined at the Brazilian sites will be refined in Europe and North America and then supplied to car manufacturers, fortifying the EV supply chain in western countries. Both mines are long-life, low-cost and ranked within the first decile for carbon emissions amongst all nickel and copper producers worldwide.

Purchase 195
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Tata Motors launches $10,000 electric hatch; deliveries of Tiago.ev start in January

Green Car Congress

It is an ideal fun hatch which offers premium, safety and technology features, eco-friendly footprint, spirited performance, all made even more desirable with the added advantage of a low cost of ownership.

Motoring 435
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Palermo school buses go electric with funding and 50% lower electricity rate from AMPLY Power

Green Car Congress

The zero-emission commitment from the school significantly lowers operating and fuel costs for the district to 50% of what it paid previously when charging its electric buses, as well as reducing the exposure of students and the local community to diesel particulate pollution. kWh through AMPLY’s fully-managed, turnkey charging services.

Power 327
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Making battery energy storage an integral part of ‘Net-Zero’ – ET Auto

Baua Electric

However, risks emanating from availability of constituent critical minerals persist, particularly with Lithium, as its supply is dominated by few countries. This may also affect the reverse supply chains of LIBs after the completion of useful life in existing BES projects. Prudent financial models to make BES bankable.

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Toyota Tsusho to acquire 15% stake in lithium miner Orocobre for US$232 million

Green Car Congress

Olaroz hosts a JORC/NI43-101 (mineral reserves reporting standards) compliant, high quality, low-cost and long life resource. Lithium brine operations typically have a much lower cost of production than hard-rock lithium deposits. The measured and indicated resource of 6.4

Toyota 207
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Carbon Sciences plans to act as developer for US-based methane-to-gasoline plant

Green Car Congress

The company says it is also developing a proprietary technology to enable a second-generation GTL solution that will produce even cleaner gasoline by using captured CO 2 or low-value, high-CO 2 content natural gas as part of the process. Our first project must be absolutely ‘bankable’ to obtain the necessary project financing.

Gasoline 230