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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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HYVIA introduces its first electrolyzer in its plant in Flins, France

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It will initially supply the plant in order to test the fuel cells of the Renault Master H2-TECH vehicles marketed by HYVIA as well as the hydrogen refueling stations. This is a major industrial and human challenge, made possible by the strength of our collaboration with Plug and Renault Group.

France 497
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Stellantis to produce electric commercial van in Portugal

Teslarati

Stellantis recently announced its plans to produce electric commercial vans in Portugal. The OEM’s CEO Carlos Tavares stated that Stellantis’ Mangualde Production Center in Portugal will produce battery electric light commercial vehicles (LCV). “We Production at the Mangualde plant is anticipated to begin in early 2025.

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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.

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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Galp and Northvolt select Setúbal for Aurora advanced lithium conversion unit

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Galp and Northvolt selected the port city of Setúbal, Portugal (southeast of Lisbon on the northern bank of the Sado River estuary) as the location for their Aurora lithium conversion plant ( earlier post ), which aims to become a steppingstone for the development of an integrated lithium-battery value-chain in Europe.

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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. The industry is being impacted largely by the uncertainty for the future, and this issue started to arise even before the pandemic took hold. million units.

Europe 261