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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle.

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SafeAI, Siemens, Obayashi collaborate to bring retrofitted autonomous, zero-emission heavy vehicles to off-road industries

Green Car Congress

SafeAI brings its powerful, scalable AI-powered retrofit autonomy to the collaboration, while Siemens provides its industry-leading hardware and software capabilities in zero-emission powertrains, and the necessary infrastructure to operate these vehicles.

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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

Green Car Congress

announced the renewal of the Industrial Mining Licence for the Malsiripura, M1 mining project in Sri Lanka (known as Ceylon until 1972) from the Geological Survey and Mines Bureau (GSMB). Vancouver-based Ceylon Graphite Corp. The Licence grants exclusive rights to mine graphite from within the M1 mining area.

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NFI Industries orders 60 Volvo VNR Electric trucks

Green Car Congress

NFI Industries—a leading third-party supply chain solutions provider—is increasing its investment in electromobility solutions with its latest order of 60 Volvo VNR Electric trucks. Twenty of the trucks will be deployed as part of the Joint Electric Truck Scaling Initiative, or JETSI project. emission heavy?

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Fraunhofer researchers developing ammonia-based systems for mobile energy in infrastructure, transportation and industry

Green Car Congress

Researchers at the Fraunhofer Institute for Microengineering and Microsystems IMM are developing ammonia-based systems for a mobile, decentralized energy supply in the infrastructure, transportation and industry sectors. Several of the research projects were showcased for the first time at the recent Hannover Messe.

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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

Green Car Congress

With its investment in HIF Global LLC, Porsche is participating in an international financing round alongside the Chilean company Andes Mining & Energy (AME) and the American companies EIG, Baker Hughes Company and Gemstone Investments. These electricity-based synthetic fuels enable nearly-CO 2 -neutral operation of combustion engines.

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The Global ICE Industry Cliff Is Here

CleanTechnica EVs

By Luvhrtz As a management consultant, I spend most of my working life playing with numbers and math in the areas of business development and finance. My analysis goals have always been to make use of data and computer models to better understand industry trends. With BEVs starting to go mainstream, we now have enough […]