Remove Global Remove Industrial Remove Industry Remove Low Cost
article thumbnail

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. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said.

article thumbnail

Umicore starts industrialization of HLM manganese-rich battery materials technology for EVs

Green Car Congress

Umicore is starting the industrialization of its manganese-rich HLM (high lithium, manganese) cathode active materials (CAM) technology and is targeting commercial production and use in electric vehicles (EVs) in 2026. —Ralph Kiessling, Executive Vice President Energy & Surface Technologies at Umicore

article thumbnail

Westinghouse, Bloom Energy to accelerate large-scale hydrogen production in nuclear industry; high-temperature integrated electrolysis

Green Car Congress

The companies are teaming to identify and implement clean hydrogen projects across the nuclear industry. Westinghouse and Bloom Energy will jointly develop an optimized and large-scale high-temperature integrated electrolysis solution for the nuclear industry. —Rick Beuttel, vice president, hydrogen business, Bloom Energy.

Hydrogen 319
article thumbnail

Emerson and BayoTech partner to scale production and distribution of low-cost, modular SMRs for hydrogen production

Green Car Congress

Global industrial software and technology leader Emerson announced a multi-year strategic framework agreement with BayoTech, a developer of modular steam methane reformers (SMRs) and other hydrogen solutions, to accelerate the delivery of hydrogen around the world.

Low Cost 406
article thumbnail

Heliogen and Bloom Energy demonstrate production of low-cost green hydrogen; concentrated solar and high-temp electrolysis

Green Car Congress

Bloom Energy’s high-temperature electrolyzer technology has the potential to use up to 45% less electricity when integrated with external heat sources than low-temperature PEM and alkaline electrolyzers.

Low Cost 397
article thumbnail

The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. auto industry appeared first on TESLARATI. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. auto market anytime soon , some U.S.

article thumbnail

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen 221