Energy Transition Industry News Highlights from Around the World
EVB Global Production Climbs 45% Q3
EV battery production capacity grew 45% faster in Q3 2023 compared to 2022.
CleanTechnica - Nov. 28, 2023
COP28 UN Climate Change Conference Kicks off In Dubai
UN climate summit begins in Dubai this week to address global climate concerns. Focus will be monies provided to poor countries to cut emissions, known as climate finance.
The Guardian - Nov. 30, 2023
Huge Demand for EVB Recycling Capacity Ahead
By 2030, 1.2 million EOL EV batteries will need to be recycled per year, and could rise to 14 million by 2040, according to the International Council on Clean Transportation (ICCT).
Chemical And Engineering News - Nov. 20, 2023
New North American Entry in EVB Lithium Recycling?
Rock Tech Lithium has signed an agreement with Electra Battery Materials. Rock Tech will refine lithium recovered from Electra’s Ontario CN operation.
Cision Newswire- Nov. 28, 2023
New EVs Have 79% More Problems Per USA Consumer Reports
New EVs had 79% more problems than gasoline-powered vehicles Consumer Reports' 2023 Annual Auto Reliability survey showed.
Reuters - Nov. 29, 2023
Stellantis CEO Fears USA and UK Elections May Slow EV Sales
Stellantis CEO Carlos Tavares?noted ‘climate of public opinion’ shifting away from EV’s could slow sales -- and that major upcoming elections in U.S. and UK could impact.
Teslarati - Nov. 28, 2023
EV Battery Prices Fall
Global lithium-ion battery pack prices have fallen 14% this year to record low of $139 per kwh.? Decreased demand and lower prices for manufacturing inputs are responsible.
Green Car Reports - Nov. 29, 2023
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OPEC Fund To Support Sustainable Energy
The OPEC Fund addresses the interlinked challenges of climate change and food security in developing countries. Fund offers financial and technical assistance.
The Post Searchlight - Nov. 29, 2023
Michigan USA Seeks 100% Clean Energy By 2040
Gov. Whitmer signed legislation making Michigan (USA) embrace 100% clean energy by 2040.? More than 20 other USA states, including California and New York, have adopted clean energy targets that aim to eliminate / offset emissions.
?NBC News - Nov. 28, 2023
Saudi Arabia Explores Trading Platform For Battery Materials
As Saudi Arabia lessens its dependance on oil, it considers creation of a trading platform for battery materials, including graphite and rare earths. Goal is to become hub for trading battery materials.
Arab News - Nov. 30, 2024
Bidirectional EVB Charging May Boost EV Success
Owners can defray cost of EVs by selling battery capacity to third parties. Bidirectional charging using EVBs to provide vehicle-to-grid (V2G) and vehicle-to-home power gains momentum as governments draft legislation.
MicroGrid Knowledge - Nov. 27, 2023
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LG and SK Reduce USA Workforce
The USA EVB manufacturing sector saw both LG and SK reduce manufacturing headcount.? LG laid off 170 workers in the Michigan, while SK On terminated over 100 in Georgia. Most observers expect the USA EVB manufacturing sector will show robust longer term growth.
Inside EVs - Nov. 25, 2023
Need For More Efficient EVB Recycling
Unico’s Vice President of Engineering Don Wright says EVB’s ‘first life’ is 12-15 years in an EV, followed by ‘second life’ where tired batteries can be reused before final recycling. Economics demand the value of recycling’s black mass be lower than costs of mining new EVB materials.
Design News - Nov. 27, 2023
1LI Battery Solutions Provider American Battery Solutions Acquired by Japan’s Komatsu
Known for providing batteries for ‘last mile’ delivery and RV applications, USA-based ABS will continue to develop advanced battery technology for off-road, commercial vehicle, and industrial electrification initiatives after the sale.
Batteries News - Nov. 20, 2023
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