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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

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This rapid growth in demand has been further amplified with the passage of the “Inflation Reduction Act” (IRA) in the Fall of 2022, which includes mechanisms to incentivize electric vehicle manufacturers and consumers to purchase electric vehicles (EVs) that source battery metals from domestic manufacturers.

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Pike Survey: 48% of US Consumers Interested in Purchasing a PHEV40

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Expressed interest in PHEV40 purchases. According to a new survey from Pike Research, 48% of prospective US consumers would be “extremely” or “very” interested in purchasing a PHEV with a 40-mile range on a single charge (PHEV40), given electricity cost equivalent of $0.75 million total PHEVs on the roads globally by 2015.

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Baker Institute team says fossil fuel subsidies need global reform

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Their paper tracks fossil fuel usage and government subsidies since the the 2009 G20 summit, during which representatives from 20 countries discussed global financial and socioeconomic issues and agreed to “phase out and rationalize over the medium term inefficient fossil fuel subsidies.”. Costs ranged from a low of 0.3%

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Workhorse Group secures $35M in financing from Marathon Asset Management; $1.3M battery purchase by Duke Energy

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The proceeds will be used for current working capital, parts acquisitions to fulfill existing and future customer purchase orders and contracts as well as to satisfy full repayment of the senior secured notes incurred in July 2018. Workhorse Group Inc., The facility has a three-year term secured by a first priority lien on all assets.

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Juniper Research: EV charging at home to exceed $16B globally by 2026

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A new study from Juniper Research forecasts that spend on EV charging at home will exceed $16 billion globally in 2026; up from $3.4 The study found that the global hardware revenue from home charging wallboxes will reach $5.5 billion in 2021. —Research author Nick Maynard. billion in 2026, from just $1.8 billion in 2021.

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Forecast: Electric Two-Wheelers Poised for Strong Global Growth; 9% CAGR Worldwide

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Pike global markets forecast of annual electric two-wheel vehicle sales, excluding Asia-Pacific, through 2016. A new report from Pike Research anticipates that the global market for electric two-wheeled vehicles—e-bikes, e-scooters, and e-motorcycles—will grow at a compound annual rate of 9% through 2016. of the global revenue ($1.2

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IDTechEx forecasts global production of electric LCVs to exceed 2.4M units annually by 2030

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In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 Forecast eLCV share of total global LCV market revenue. million units annually by 2030. Source: IDTechEx Electric Vans 2020-2030.

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