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

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This shift is also taking place in other motorized segments including trucks and mining machinery. 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% New Tungsten Production Will Open the Global Supply Chain.

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

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In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. Under the new plan, the company aims to boost annual global BEV sales to 1.87 Presentation of Jaehoon Chang, President and CEO of Hyundai Motor Company.

Hyundai 370
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S&P Global: looming shortfalls in copper supply will short-circuit net-zero goals absent significant new supply

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The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.

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Delhi Transport Corporation orders 1500 Tata Motors electric buses

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Delhi Transport Corporation (DTC) signed a definitive agreement with Tata Motors’ fully owned subsidiary, TML CV Mobility Solutions Ltd. will supply, operate and maintain 1,500 units of 12-meter low-floor air-conditioned electric buses for a period 12 years. for operation of 1,500 electric buses in the city of New Delhi.

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Hyundai Motor Group signs MOU with SK On to secure EV battery supply for N America

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Hyundai Motor Group signed a memorandum of understanding (MOU) with SK On to secure a supply of EV batteries in North America. Hyundai Motor Group plans to produce various EV models in the United States through Hyundai Motor Alabama Plant (HMMA), Kia Georgia Plant (KaGA), and Hyundai Motor Group New Plant (HMGMA).

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US DOE releases 2023 Critical Materials Assessment to evaluate supply chain security for clean energy technologies

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The US Department of Energy (DOE) released its 2023 Critical Materials Assessment (2023 CMA), which evaluated materials for their criticality to global clean energy technology supply chains. The Assessment focuses on key materials with high risk of supply disruption that are integral to clean energy technologies.

Clean 370
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US Steel to supply General Motors with US-sourced sustainable verdeX steel

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United States Steel Corporation will supply General Motors with its advanced and sustainable steel solution called verdeX steel. It sets a global benchmark for leading practices in environmental, social and governance (ESG) responsibility for steel production.