Tag: electric transport future

26th March 2020 | Silverstone

SK Innovation secures ‘green loan’ to invest more in battery biz

SK Innovation has raised an 800 billion won ($657 million) “green loan” from banks in the United States, Europe and China in an effort to invest more in plants manufacturing batteries for electric vehicles (EVs) and lithium-ion battery separators (LiBS), the energy and chemical arm of SK Group said Thursday. A green loan is the…
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16th August 2019 0

As electric vehicle production ramps up worldwide, a supply crunch for battery materials is looming

As car manufacturers ramp up production of electric cars, metals used to make the vehicles’ batteries may face a supply crunch by the mid-2020s, according to a Wood Mackenzie report released Wednesday. Lithium, cobalt, and nickel supplies are expected to be worst hit. As car manufacturers ramp up production of electric cars, the metals used…
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1st August 2019 0

New £80m investment to drive forward next generation of net zero planes and cars

The government unveiled an £80m investment to help develop the next generation of electric vehicles – and which could also help develop new hybrid aircraft. The investment – through the modern Industrial Strategy – will help ensure the UK is able to supply products both in the UK and abroad, to help cut carbon emissions…
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29th July 2019 0

Can Metals Supply Keep Up With Electric Vehicle Demand?

Battery raw materials could face a supply crunch by the mid-2020s. In every electric vehicle (EV) battery, there’s a complex chemistry of metals – cobalt, lithium, nickel and more. The electrification of transport is transforming the demand and supply of those battery raw materials. In fact, we expect to see double-digit growth for battery raw…
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25th July 2019 0

Jaguar Land Rover will build electric cars at UK factory

Jaguar Land Rover is expected to announce plans on Friday to build full-electric cars at its Castle Bromwich factory in England, the Sunday Times reported. An all-electric version of the XJ sedan replacement will be the first of three new battery-powered vehicles followed by an SUV, the newspaper said. The investment will help to secure…
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4th July 2019 0

Europe Thinks Like China in Building Its Own Battery Industry

The European Union is starting to act like China when it comes to building the batteries that will drive the next generation of cars and trucks. In the past few months, government officials led by European Commission Vice President Maros Sefcovic have joined with manufacturers, development banks and commercial lenders on measures that will channel…
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3rd July 2019 0

First battery-powered cruise ship sails for the Arctic

The world’s first cruise ship propelled partially by battery power is set to head out from northern Norway on its maiden voyage, cruise operator Hurtigruten said on Monday. The hybrid expedition cruise ship, the Roald Amundsen, can take 500 passengers and is designed to sail in harsh climate waters. Named after the Norwegian explorer who…
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2nd July 2019 0

Intelligent charging tech ‘could make EV refuelling 75% cheaper than petrol’

Ohme Technologies says its new platform will facilitate the mass-adoption of EVs by significantly slashing costs when combined with a time-of-use energy tariff. New intelligent charging tech could make electric vehicle (EV) refuelling 75% cheaper than filling a petrol or diesel vehicle. That’s according to Ohme Technologies, which says its new platform will facilitate the…
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27th June 2019 0

Solar, Wind, Batteries To Attract $10 Trillion to 2050, But Curbing Emissions Long-Term Will Require Other Technologies Too

Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). In its New Energy Outlook 2019 (NEO), BNEF sees these technologies ensuring that – at least until 2030 – the power sector…
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19th June 2019 0

Lime and Uber fight over London with rival electric bike schemes

Lime could expand its electric bike hire scheme outside London, the company has said as competition hots up in the growing market in the capital. The US-based tech startup launched Lime-E, the capital’s first fleet of electric-assisted bikes hired through an app, in 2018 but Uber unveiled its similar Jump scheme last month. Uber, which…
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14th June 2019 0