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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

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This rapid growth in demand has been further amplified with the passage of the “Inflation Reduction Act” (IRA) in the Fall of 2022, which includes mechanisms to incentivize electric vehicle manufacturers and consumers to purchase electric vehicles (EVs) that source battery metals from domestic manufacturers.

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Nel ASA receives purchase order for 20MW alkaline electrolyzer from steelmaker Ovako

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Nel Hydrogen Electrolyser AS, a division of Nel ASA, has received a purchase order for a 20MW alkaline water electrolyzer from Ovako , a leading European manufacturer of engineering steel. The purchase order has a contract value of approximately €11 million with equipment delivery in late 2022. —Jon André Løkke, CEO at Nel.

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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

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Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. Globally, vehicle owners and those considering purchasing BEV agree the top benefits of going electric are improving the environment, adding convenience and reducing ownership costs.

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Cadillac CELESTIQ to be built at GM’s Global Technical Center

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General Motors will invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ ( earlier post ). The investment will be used to purchase and install related equipment to hand-build the CELESTIQ and campus renovation work has already begun.

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Roy Hill purchases Wabtec’s FLXdrive battery-electric locomotive

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Roy Hill , the largest single iron ore mine in Australia, has purchased Wabtec’s FLXdrive battery-electric locomotive, the world’s first 100% battery-electric, heavy-haul locomotive ( earlier post ) for the region and the mining industry.

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ArcelorMittal publishes concept for global low-carbon emissions physical steel standard

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ArcelorMittal published a concept for a low-carbon emissions steel standard to help incentivize the decarbonization of steelmaking globally and support the creation of market demand for physical steel products which would be classified as lower, and ultimately near-zero, carbon emissions steel. Dual scoring system.

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Baker Institute team says fossil fuel subsidies need global reform

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Their paper tracks fossil fuel usage and government subsidies since the the 2009 G20 summit, during which representatives from 20 countries discussed global financial and socioeconomic issues and agreed to “phase out and rationalize over the medium term inefficient fossil fuel subsidies.”. Costs ranged from a low of 0.3%