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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. During 2022, over 393 deals related to hydrogen were closed, representing a significant increase compared to 277 deals registered in 2021.
The BMW Group continues to broaden its portfolio of electrically powered vehicles with the addition of the fully electric BMW 3 Series, which will enter the Chinese market in May 2022. The BMW i3 eDrive35L will be assembled exclusively for the Chinese market at the BMW Brilliance Automotive Ltd. plant in Lydia, Shenyang.
New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. In 2021 the company took orders, including letters of intent to buy, for more than 1,100 electric trucks worldwide. Volvo Trucks has the largest market share at 42%. Data: IHS Markit.
After China, we tackle the larger European markets and touch on Asia’s electric truck scene. Europe’s electric truck market, while not as explosive as China’s numbers, is built on a strong foundation of ambitious climate goals. It is also firmly grounded on a robust roster of legacy truck brands who.
A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.
After launching its first electric SUV, the Gravity, the company plans to double production this year. According to Lucids interim CEO, Marc Winterhoff, the EV maker will enter new globalmarkets this year, including parts of Europe and the Middle East. Lucid (LCID) is gearing up for big growth this year.
Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 Emden is now the second site for electric vehicles in Germany following Zwickau and also joins the Chinese plants in Anting and Foshan. The global production network will then grow to five locations.
The Genesis GV60 ( earlier post ) is based on the brand’s Electric-Global Modular Platform (E-GMP), the innovative features of which help deliver greater efficiency, performance and driving pleasure. GV60 features the firm’s compact Power Electric (PE) system, which consists of the motor, an EV transmission and inverter.
The International Council on Clean Transportation (ICCT) just dropped its third annual Global Automaker Rating, showing that Chinese carmakers dominate the zero-emission vehicle (ZEV) space. China now accounts for over 11 million EVs sold annually – over half of global EV sales. ” India’s Tata Motors also hit a turning point.
In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.
The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).
UK-based Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop fuel solution for global shipping that delivers a 92% reduction in greenhouse gas emissions (GHGe) in the model vessel. —Jonathan Taylor, VP of Marine, Expleo. million (US$1.7
Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. Through the project, also known as Zero-Emission Regional Truck Operations with Fuel Cell Electric Truck, Hyundai Motor will deploy 30 Class 8 6x4 XCIENT Fuel Cell heavy-duty tractors at the Port of Oakland, Calif.,
With the launch of the enhanced model, Hyundai plans to accelerate the global roll-out of its heavy-duty fuel cell truck. Hyundai will ship another 140 units of the new XCIENT Fuel Cell towards Switzerland by the end of this year as part of its plan to roll out 1,600 heavy-duty fuel cell electric trucks in Europe by 2025.
As the transition to electric vehicles accelerates in several markets around the world, countries where the auto industry contributes significantly to their local economies need to accelerate their EV production to safeguard the future of their industries. An example of a country where the auto industry is a key pillar.
Here’s a Shark that’ll bite off a huge chunk from the pickup truck market in Asia and elsewhere. That now-famous, two-tone musical cue that signaled the arrival of the great white shark is playing all over Asia’s pickup truck market. The Jaws theme is playing. Those who remember Jaws know.
The Radar R6 was Chinas first mass-market 100% electric pickup. Now, its rolling out overseas into new markets. The R6 is already the top-selling EV pickup in China, but will it win over buyers in globalmarkets?
During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)
StoreDot, a developer of extreme fast charging high energy batteries for electric vehicles, announced that its XFC batteries and systems are now being tested by more than 15 global automotive brand manufacturers, and that it has additional potential manufacturing partnerships in the pipeline for this year.
Now, it’s rolling out to new globalmarkets. Starting at under $10,000, the Seagull is the most affordable EV BYD offers in China. It’s also the company’s best seller. In just over two years, BYD has sold over 1 million Seagull EV models.
Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Steel is one of the main sources of CO 2 emissions in our supply chain. Top: Steel Dynamics; Center: US Steel; Bottom: HBIS Group.
However, ensuring enough qualifying supply to meet that demand faces “considerable challenges,” according to a new analysis by S&P Global. Source: Inflation Reduction Act: Impact on North America Metals and Minerals Market Demand for copper will be 12% higher by 2035 than pre-IRA projections.
unveiled STLA Medium, a global BEV-by-design platform with state-of-the-art features including range of 700 kilometers (435 miles), energy efficiency, embedded power and charging power. STLA Medium is the first of four global BEV platforms to be launched less than two years after EV Day presentation in July 2021. Stellantis N.V.
BYD is preparing to launch its new E-Vali electric van in Europe and other globalmarkets. Compared to other cars on the road, the new BYDs electric van looks enormous. With its official launch just around the corner, the EV delivery van has been spotted out in the wild.
billion of electric vehicle revenue by 2025. The company now expects its 2022 electric vehicle revenue to grow to approximately $850 million—more than double what it was in 2021. BorgWarner has just added Rhombus Energy Solutions, a provider of charging solutions in the North American market. Earlier post.)
Share-wise, 2025 started with plugin vehicles getting 19% share of the global auto market (12% BEV). The globalmarket was. continued] The post Top Selling Electric Vehicles in the World January 2025 appeared first on CleanTechnica.
01(Huan Dian Shou 01), an electric motorcycle released by Yadea Group Holdings Ltd. Nidec’s in-wheel motor for electric motorcycles (maximum output: 48V/2.8kW) adopted for???01(Huan 01(Huan Dian Shou 01) is the first product that the company developed for electric motorcycles, and is installed inside???01(Huan in October 2021.
BNEF predicts plug-in electric vehicles will account for one in four vehicles sold around the globe in 2025, “a remarkable growth,” and despite a slowdown in key US market. The post Falling battery costs to drive big lift in global plug-in car sales to 22 million in 2025 appeared first on The Driven.
A new white paper published by the Argonne National Laboratory Collaborative Center for Energy Storage Science (ACCESS) outlines a clear set of battery requirements and research and development needs to accelerate the commercialization of electric propulsion for aviation—from air taxis in the near term to 737 class aircraft in the long term.
Octillion Power Systems, a global provider of advanced lithium-ion batteries, has moved to a new US headquarters in Richmond, California. Octillion is a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems. Earlier post.) kWh system using prismatic NMC cells.
The Jeep brand will showcase a 100% electrified presence at the 2022 Paris Motor Show (Mondial de L’Automobile 2022), with a stand fully dedicated to the introduction of the all-new fully electric Jeep Avenger, the brand’s first BEV. As a result, all the Jeep vehicles on sale in the region will be 100% electric by 2030.
It’s not a Kia or Hyundai, but the Musso EV pickup truck is shaking up the Korean Market. After the first models left for Europe, the company’s CEO is already saying it will be a “driving force” as it goes on a global conquest.
EIA expects sustained global demand for petroleum products and Saudi Arabia’s extended voluntary production cuts will contribute to oil prices rising through the year. —EIA Administrator Joe DeCarolis EIA also forecasts global liquid fuels production will increase by 1.4 In 2024, global production increases by 1.7
Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Global consumption of lithium in 2021 was estimated to be 93,000 tons, a 33% increase from 70,000 tons in 2020. Lithium is expected to trade at 484,185.00
EVs Now 19% of World Auto Sales Global plugin vehicle registrations were up 49% in February 2025 compared to February 2024. continued] The post Global EV Sales 1.2 There were 1.2 million registrations. Million Units in February, 49% Growth YoY appeared first on CleanTechnica.
NuScale Power, along with Shell Global Solutions (Shell) and industry participants will develop and assess a concept for an economically optimized Integrated Energy System (IES) for hydrogen production using electricity and process heat from a NuScale VOYGR small modular reactor (SMR) power plant.
Amid all the doom and Boomer gloom about EV sales (as Ive mentioned before, a shocking proportion of Boomers/Old People seem to be scared and angered by electric cars), I was stunned to learn recently that BMW buyers, and their close relatives in the Mini market, are snapping them up at an incredible rate. Mercedes-Benz EQA250.
but its lineup is expanding in other countries, previewing future models for our market. The automaker will show the new ES90 electric sedan on March 9, and were getting an early look at some of the cars forward-looking tech ahead of the launch. Volvo currently offers four EVs in the U.S.,
Honda has provided the first look at the exterior and interior styling of the all-new Honda Prologue battery-electric SUV that will come to market in North America in 2024. Honda’s research shows that hybrid-electric customers are among the first to move into full-electric products. Prologue Dimensions.
Buick is committing to an all-electric portfolio by the end of the decade. In support of General Motors’ vision of a zero-emissions, all-electric future, Buick will bring its first electric vehicle to market for North America in 2024. The Buick brand is committed to an all-electric future by the end of this decade.
BYD Cars Philippines is mirroring the performance of BYD globally, becoming the best selling new energy vehicle in the country. In an industry report it released recently, ACMobility, the official distributor of BYD passenger vehicles, announced a significant achievement in the New Energy Vehicle (NEV) market.
Daimler Truck North America (DTNA) and Sysco Corporation (NYSE: SYY) a leading US foodservice distribution company, have signed a Letter of Intent (LOI) to deliver up to nearly 800 battery-electric Freightliner eCascadia Class 8 tractors by 2026. After well over one million-miles (1.6 Earlier post.)
for operation of 1,500 electric buses in the city of New Delhi. will supply, operate and maintain 1,500 units of 12-meter low-floor air-conditioned electric buses for a period 12 years. Delhi Transport Corporation (DTC) signed a definitive agreement with Tata Motors’ fully owned subsidiary, TML CV Mobility Solutions Ltd.
Volvo Cars reported global sales of 51,286 cars in February, up 22% compared to the same month last year and a record for the month of February. The sales growth was led by the company’s Recharge line up of fully electric and plug-in hybrid cars. In February 2022, the share of all-electrics was only 8% (3,338 units out of 42,067).
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