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onsemi and Magna sign strategic agreements, invest in SiC manufacturing for growing EV market

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onsemi and Magna announced a long-term supply agreement (LTSA) for Magna to integrate onsemi’s EliteSiC intelligent power solutions into its eDrive systems. We believe that a secure supply of silicon carbide chips will be critical to our ability to continue delivering innovative and efficient eDrive systems for our customers.

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

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million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. Optimizing EV manufacturing capacity. The company has secured sufficient battery supply to meet its sales targets by 2023.

Hyundai 370
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Euro Manganese signs MoU with Statkraft for renewable energy supply for Chvaletice project

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Canada-based Euro Manganese (EMN) signed a non-binding Memorandum of Understanding (MoU) with Norwegian state-owned company Statkraft for the long-term supply of carbon-free renewable energy for Euro Manganese’s flagship Chvaletice Manganese Project (CMP) in the Czech Republic.

Renewable 199
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Euro Manganese enters offtake term sheet with battery-maker Verkor

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Euro Manganese has entered into an offtake term sheet with Verkor , a low-carbon battery manufacturer based in Grenoble, France, for the sale of high-purity manganese sulfate monohydrate (HPMSM) from the company’s Chvaletice Manganese Project in the Czech Republic. Earlier post.) The term sheet is non-binding.

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European marine systems integrator orders Nuvera fuel cell system

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As part of the project, Nuvera will supply an E-45 fuel cell engine to H2Boat for marine type approval certification, and subsequently for integration in H2Boat’s forthcoming HP Energy Pack (P>40kW). H2Boat anticipates using Nuvera E-Series Fuel Cell Engines to expand its marine product line. Nuvera continues to grow its European presence.

Mariner 221
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Euro Manganese produces HPEMM from Chvaletice demonstration plant

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Euro Manganese has produced high-purity electrolytic manganese metal (HPEMM) from its demonstration plant at the Chvaletice Project in the Czech Republic. Earlier post.) An external laboratory has confirmed the first HPEMM sent for testing has met the target specifications and was at 99.9% Mn metal purity.

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LCA finds EMN high-purity manganese products have lower carbon footprint than incumbent industry

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With automotive manufacturers increasingly using strategic procurement to meet their targets of lower carbon emissions, and as we progress offtake discussions, the results of this comparative Life Cycle Assessment are extremely beneficial and very timely.

Carbon 243