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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

Green Car Congress

Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries.

Hydrogen 473
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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

Green Car Congress

All car manufacturers seem to be following in the same footsteps as Tesla. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% for production and manufacturing, and tungsten is among them.

Supplies 380
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. Registrations fell in all 27 markets, but with varying severity.

Europe 261
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Galp and Northvolt establish JV for lithium conversion plant in Portugal; initial annual capacity of 35,000 tons of lithium hydroxide

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Portugal-based energy company Galp and Sweden-based battery manufacturer Northvolt have agreed to set up a joint company, Aurora, that aims to become a steppingstone for the development of an integrated lithium-battery value-chain aligned with Portuguese and European ambitions. —Paolo Cerruti, Co-Founder and COO of Northvolt.

Portugal 170
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Snam invests €33M in electrolyzer manufacturer ITM Power

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Several European countries, including France, Germany, Italy, the Netherlands, the United Kingdom, Portugal and Spain, have already prepared or announced the launch of plans to develop hydrogen. ITM Power has a market capitalization of around £1.4

Power 243
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GlobalData: Global lithium production to triple over the next four years

Green Car Congress

per annum, global output is expected to triple between 2018 and 2022 to reach 154kt (metal content), as 86kt of new metal capacity comes on stream to meet the increasing demand for the metal for use in batteries in electric vehicles and smartphones. After moderate growth in lithium supply between 2010 and 2017 of 6.4%

Chile 240
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Stellantis-Leapmotor announces global expansion, to enter India by Q4 of 2024 | Autocar Professional

Baua Electric

Carlos Tavares, Stellantis’ global CEO, has announced that Leapmotor will enter the Indian market in Q4 of 2024 as part of Leapmotor International’s global expansion strategy. Autocar Professional broke the story in February and reported this week that Leapmotor will bring in the T03 and C10 into the Indian market.

India 52