article thumbnail

China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. As the country ramps up its economic stimulus, imports of unwrought copper, copper products, and ores are projected to increase in anticipation of higher demand.

article thumbnail

Germany and Namibia form partnership for green hydrogen

Green Car Congress

The Federal Research Ministry will provide up to 40 million euros in funding from the economic stimulus package for cooperation within the framework of this partnership. High wind speeds in Namibia mean that the generation of wind power is particularly profitable. It has a lot of vast unused space.

Namibia 337
article thumbnail

IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

Green Car Congress

Two factors are driving the recovery, notably low automotive inventory that will result in new car growth next year, combined with stimulus packages designed to benefit the ailing car sector while favoring the switch to electric and hybrid cars, which are typically more expensive than equivalent internal combustion-driven models.

2020 170
article thumbnail

EnerDel To Deploy AeroVironment Advanced Electric Vehicle Power Cycling and Test Systems at Indiana Facility

Green Car Congress

Automotive lithium-ion battery maker EnerDel will be using a portion of its recent federal stimulus grant to purchase eight AeroVironment (AV) advanced electric vehicle power cycling and test systems. In August EnerDel was awarded a $118.5

Indiana 186
article thumbnail

A hydrogen-powered electric truck is being built by Adani in partnership with Ashok Leyland and Ballard

Electric Vehicles India

Adani is partnering with Ashok Leyland and Ballard to develop a hydrogen-powered electric truck in India this year. billion stimulus package to set green hydrogen consumption targets for certain companies earlier this month. The Indian government recently backed green hydrogen and approved its $2.11

article thumbnail

mPhase to Pursue Funding From Stimulus Plan’s $2B for Advanced Automotive Battery Technology

Green Car Congress

says it will pursue funding opportunities arising from the $2 billion allocated for advanced battery technology in the new economic stimulus package. The electrolyte is kept separate from the solid electrodes by a nanostructured membrane, preventing battery activation until power is needed. mPhase Technologies , Inc.,

Stimulus 150
article thumbnail

California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

Green Car Congress

Under the proposed plan, the NUMMI plant in Fremont, California would be converted into the manufacturing facility for the Aurica Motors E-Car, an all-electric vehicle, as well as Aurica’s proposed PEP (Power Exchange Package) battery swap system. The PEP station concept is not compatible with the Better Place system.