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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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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

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Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Likewise, the Bolt EUV has seen its total cost of ownership fall to $30,900. According to the J.D.

Price 404
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ICCT study finds tankering could undermine EU SAF mandate

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Fuel tankering in commercial aviation is the practice of overfueling with less expensive fuel purchased at one airport to avoid purchasing more expensive fuel at another—in other words, flying with extra fuel on board to save money. For the foreseeable future, SAFs are expected to cost substantially more than fossil jet fuel.

Purchase 307
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The Metals Company and Low Carbon Royalties form strategic partnership

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TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0% We think TMC’s NORI project could provide a meaningful supply of energy transition metals and we are excited to serve as a source of long-term capital to TMC’s projects. NORI and Low Carbon Royalties are a great fit.

Carbon 352
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Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

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Alstom’s hydrogen technology has also been purchased by SNCF (France) and FNM (Italy). The battery is used to store braking energy, to boost acceleration and for auxiliary supply. Coradia iLint hydrogen trains are electric trains with a hydrogen-powered fuel cell for onboard electricity generation.

Hungary 334
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UPS/Greenbiz study identifies motivators and barriers to electric fleets

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Attaining environmental benefits and lower cost of ownership are driving more commercial fleets to electrify, according to a new study by UPS and GreenBiz. A lower total cost of ownership—factoring in both direct and indirect costs and savings over the life of the vehicle—is the second biggest driver, cited by 64% of respondents.

Fleet 236
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World Bank/PRTM study finds global value chain shift resulting from vehicle electrification could favor China from technology and supply chain perspectives

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A newly released report financed by the World Bank and prepared by consultancy PRTM analyzes China’s New Energy Vehicles Program, as well as the Ten Cities, Thousand Vehicles Program, in the context of these megatrends and concludes that the overall value chain shift could favor China from both a technological and supply chain perspective.

China 199