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Looking to the future: Space tech forecast for 2024

Innovation News Network

The post Looking to the future: Space tech forecast for 2024 appeared first on Innovation News Network. The emergence of a new global space race has also evoked interest and competition in space tech. What advancements will happen in 2024?

Future 101
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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

Green Car Congress

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 help policymakers and business leaders plan and execute a future built on clean hydrogen, Deloitte has unveiled its Global Hydrogen Center of Excellence. trillion per year by 2050.

Clean 429
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Fitch Solutions forecasts nickel demand for EV batteries to grow 29.2% per year to 2030

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This estimate is a significant increase from the market analysis firm’s 2018 forecast, due to upwards revisions in its EV sales forecasts. Nickel demand will be supported by the metals persisting popularity in battery cathode chemistry, with downside risks caused by concerns over future supply availability, Fitch said.

Batteries 358
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BMW previews future 7 Series, battery-electric i7

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kWh/100 km according to WLTP; a range of 580 – 610 km (360 - 379 miles) according to WLTP; up to an estimated 305 mi EPA electric range (all forecast based on the vehicle’s development status to date)—and with it the entire new BMW 7 Series. At the same time, it is also technically enabled for future regulatory requirements.

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Faraday Future partners with Korea-based Myoung Shin for FF 81 production; SOP in 2024

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Faraday Future has contracted with Myoung Shin Co., an automotive manufacturer headquartered in South Korea, to manufacture Faraday Future’s second electric vehicle, the FF 81, with start of production scheduled for 2024.

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IDTechEx forecasts second-life EV battery market to reach US$7B by 2033

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IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The second-life EV battery market adds value to future energy infrastructure, creates a circular economy for electric vehicle (EV) batteries, and provides a lower levelized cost of storage compared to new batteries.

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BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

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BNEF now forecasts that green hydrogen from renewables should be cheaper than natural gas (on an energy-equivalent basis) by 2050 in 15 of the 28 markets modeled, assuming scale-up continues. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than its old 2050 forecast.

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