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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

Green Car Congress

An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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Cummins to acquire Meritor in $3.7B deal

Green Car Congress

Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 billion, including assumed debt and net of acquired cash.

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Liontown and Tesla enter into a binding term sheet for supply of lithium from Kathleen Valley project

Green Car Congress

Kathleen Valley is a new, globally significant, lithium development project located 680 km north-east of Perth in Western Australia’s premier mining district. Liontown and Tesla will now work together to complete the negotiation and execution of detailed definitive agreements which must be completed and executed by 30 May 2022.

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kWh Billing and New EV Charging Tax Policies: What You Need to Know

Blink Charging

As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax. With states enacting new kWh taxes on EVs and EV charging, we want to make sure you have the right information. By the end of 2022, there were 2.7

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Toyota Re-Launched Land Cruiser “70” in Japan

The Truth About Cars

Such are the joys – and challenges – of our global marketplace. Speaking of the cabin, it definitely harkens back to old-school ‘Yotas – ah, who are we kidding? The outfit apparently includes insurance, tax, maintenance, and the like; signing up can be done online or at a Toyota dealership. turbodiesel.

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J.D. Power: First-time owners find switching to EVs highly satisfactory

Green Car Congress

—Brent Gruber, senior director of global automotive at J.D. More than half (62%) of these owners say they “definitely will” repurchase from the same brand. Among owners who cite incentives as a key purchase driver, 79% received a federal tax credit/rebate, but only 59% of that group say it was very easy to receive.

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Sibanye-Stillwater to achieve majority shareholding in Keliber; seeks to increase shareholding further to 80%

Green Car Congress

Keliber has completed a definitive feasibility study (DFS) which has confirmed the quality and inherent value of the Keliber project. This is a further significant step in our strategy to build a unique global portfolio of green metals in a value accretive manner.

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