Category: Energy business

26th March 2020 | Silverstone

Global EV sales ‘will dominate traditional car sales by 2040’

A new report from Bloomberg New Energy Finance expects EV sales to rise from two million last year to 56 million by 2040 Global electric vehicle (EVs) sales are set to “dominate” traditional car sales by 2040. That’s according to a new report published by Bloomberg New Energy Finance (BNEF), which suggests battery-powered cars will…
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20th May 2019 0

Volvo secures ‘multi-billion dollar battery supply deals’ to support its electric car plans

Volvo, both through Polestar and its own brand, plans to bring several new all-electric vehicles to market and in order to do that, it needs significant battery supply. The automaker now says that it has secured ‘multi-billion dollar battery supply deals’ with CATL and LG Chem. According to a press release issued earlier today, Volvo…
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17th May 2019 0

Green Energy Metals And rEvolution – Reuters: “Tesla Expects Global Shortage Of Electric Vehicle Battery Minerals.”

Reuters joins Bloomberg in sounding the alarm that Green Energy Metals are needed to build a green and beautiful future for all us and they can not be just found on Instagram among motivation quotes and inspiring pictures. Even worse, the metals which are making all our gadgets tick are the result of very long multi-year…
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16th May 2019 0

Electric Road EV Charging System Concept To Get First Trial In Sweden

The city of Lund, Sweden, is ready to begin installing the first kilometre of Elonroad track along a heavily used bus route to recharge electric buses as they drive. What is Elonroad? The electric road concept “Elonroad” is charging infrastructure for all the electric vehicles. The electric charging system is both an automatic park-charger without…
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15th May 2019 0

Solar-plus-storage is ‘chasing gas off the grid’

The price of power from solar-plus-storage is already cost-competitive with some new build gas generators in the US and not just for gas peaker plants. In a study by Fluence and a group of MBA candidates at the Tepper School of Business at Carnegie Mellon University, it was found building new mid-merit gas plants was no…
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14th May 2019 0

EU Commission calls for strategic battery value chain

The European Battery Alliance met in Brussels to discuss issues like sustainable production and processing of raw materials. The European Battery Alliance met in Brussels recently to discuss such issues as sustainable production and the processing of raw materials, ways of financing new investments and the creation of new policies to push forward projects in…
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13th May 2019 0

BorgWarner invests in battery startup Romeo Power founded by Tesla and SpaceX engineers

BorgWarner, a large automotive supplier focused on powertrain components, is expanding into battery packs through a new investment in Romeo Power, a battery pack startup founded by former Tesla and SpaceX engineers. The companies have created a new joint venture to sell full electric powertrains. The electric vehicle revolution is not only affecting automakers but…
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9th May 2019 0

2020 BMW 7-Series plug-in hybrid luxury sedan gets a bigger battery

Although the gigantic new twin-kidney grille might be the most eye-catching addition to BMW’s flagship luxury 7-Series sedan, the model in the lineup that’s gone through the most change might well be the one with a charge port: the 745e xDrive plug-in hybrid. The 2020 BMW 745e xDrive iPerformance can go 16 all-electric miles, according…
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8th May 2019 0

Lithium-Ion vs Lead Acid Battery Life

For years, lead-acid batteries have been the “go to” source of power for electronics, vehicles and equipment. However, thanks to several features that promote efficiency and safety, lithium-ion batteries are becoming a popular choice across several industries. One of the most important characteristics for a company that uses batteries in its forklift fleet is the…
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7th May 2019 0

Exclusive: U.S. seeks to challenge China’s electric-vehicle supply chain dominance

WASHINGTON (Reuters) – A U.S. senator plans to introduce legislation on Thursday to streamline regulation and permitting requirements for the development of mines for lithium, graphite and other electric-vehicle supply chain minerals, part of a plan to offset China’s dominance in the space. While Tesla Inc, Volkswagen AG and other electric-focused automakers and battery manufacturers…
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6th May 2019 0