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

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By integrating onsemi’s industry-leading EliteSiC MOSFET technology, Magna eDrive systems can offer better cooling performance and faster acceleration and charging rates, improving efficiency and increasing the range of electric vehicles (EVs).

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Nornickel presents market review of nickel and platinum group metals

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Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).

Market 304
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PSA and Total create JV for manufacture of EV batteries in Europe; €5B investment

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With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance batteries for the automotive industry from 2023. Total/Saft will contribute its expertise in R&D and industrialization, and Groupe PSA its knowledge of the automotive market and its experience in production.

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Sales of chargeable vehicles more than triple in EU in Q3 to take 9.9% new market share

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of passenger cars sold in the EU were electrically-chargeable vehicles, compared to 3.0% during the same period last year, according to data from the European Association of Automobile Manufacturers (ACEA). This represents a market share of 47.5%, with gasoline going below the mark of 50% for the first time since 2016.

Market 353
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Ford receives DOE HPC4Mfg award to optimize process for electrode drying in battery manufacturing

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million investment from the High-Performance Computing for Manufacturing (HPC4Mfg) program for six teams which will tap into the US National Laboratories’ high-performance computing (HPC) resources to help manufacturers streamline their processes, increase their productivity, and lower their carbon footprint.

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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

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IDTechEx’s latest master electric vehicle report “ Electric Vehicles: Land, Sea & Air 2022-2042 ” finds 35.7 million electric vehicles (EV) were sold in 2021 and predicts this will rise to more than 74 million by 2030. Source: IDTechEx - “Electric Vehicles: Land, Sea & Air 2022-2042”.

Market 150
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SOFC-maker Bloom Energy announces initial strategy for hydrogen market entry; partnership with SK

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Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. The Bloom Energy Servers are a proven market leader in clean, reliable, and resilient on-site power. —Jason Ahn, CEO of SK E&C.

Hydrogen 386