article thumbnail

IHS Markit: supply chain challenges to impact global light vehicle production well into 2022

Green Car Congress

COVID-19 Still Impacting Supply Chain. Unlike the capacity constraints in wafer fabs, which was impacting mainly automotive MCUs, assembly capacity constraints impact all semiconductor types including sensors, power supplies and discretes. Global Light Vehicle Production Forecast Implications. This represents an 8.3%

Light 186
article thumbnail

Cobalt Institute: cobalt market weakened since 2022 peak, but in longer term, demand will outpace supply

Green Car Congress

This dynamic will likely remain through to 2024, the report says, as a plentiful and growing supply surplus maintains pressure on prices. However, in the longer term, demand for cobalt will outpace supply, lifting prices and supporting a new wave of supply side investment.

Supplies 259
article thumbnail

Australia, Indonesia should team up for battery supply chains, ACEN CEO says – ET Auto

Baua Electric

New Delhi: Top lithium producer Australia and major nickel suppliers Indonesia and the Philippines could team up to develop regional battery storage systems, the head of Philippine energy firm ACEN said on Monday.

article thumbnail

GlobalData: Russian nickel sanctions would slow electric vehicle adoption

Green Car Congress

Geopolitical issues such as the Russia-Ukraine situation disturb the fine balance of battery metal supply chains. China already has a strong position in the battery metal supply chain, and buying Russian nickel on the cheap as a result of sanctions would further strengthen its globally competitive position.

article thumbnail

Maersk invests in bio-methanol startup WasteFuel

Green Car Congress

Maersk is confident that green bio-methanol is one of the promising fuels of the future as it can be scaled up and play an important role in decarbonizing supply chains within the next 10-15 years. WasteFuel is also developing projects in Asia and the Americas including a biorefinery in Manila, Philippines, to produce low-carbon fuels.

article thumbnail

Global CO2 emissions stalled for the third year in a row

Green Car Congress

The annual assessment of global greenhouse gas (GHG) emissions by the JRC and the Netherlands Environmental Assessment Agency (PBL) confirms that CO 2 emissions have stalled for the third year in a row. Emissions from international transport (aviation and shipping) contribute another 3% to the total global GHG emissions.

Emissions 150
article thumbnail

EIB awards €17M to QEV to advance zero emissions transport in developing countries

Green Car Congress

This includes supplying ‘e-kits’ to enable the electrification of public transport vehicles—both in the production of new models and the conversion of those already in service—in Asia, Latin America and Africa.