Neometals Vanadium Revival
Europe starts to support the build-up of battery cell factories...
@lithiumforum: Europe starts to support the build-up of battery cell factories. Subsidies are promised by Germany and France already, Finland supporting lithium carbonate factory, England now jumping on the train as well. It is necessary and heavily needed!
The UK is likely to need anywhere from 80-110GWh annually for EVs...
@sdmoores: The UK is likely to need anywhere from 80-110GWh annually for EVs. This is in effect two Tesla Gigafactories. Ideally the Auto consortium and @FaradayInst should be choosing two major cell producers feeding into a centralised pack facility. A nightmare for auto IP however.
Cumulative investment in Lithium-ion battery factories by Chinese region to 2030...
@JoseLazuen: Cumulative investment in Lithium-ion battery factories by Chinese region to 2030: Jiangsu and Zhejiang provinces are expected to reap ~US$ 26 billion to build/expand plants by 2030. Overall Roskill estimates China will invest ~US$ 60 billion by 2030.
Statkraft plans to build what it is calling UK's first virtual power plant to integrate wind, solar, battery storage, and gas for over 1GW of power.
Global hydropower and European renewable energy giant Statkraft announced Tuesday plans to build what it is calling the United Kingdom's first virtual power plant to integrate wind, solar, battery storage, and gas which will have over 1GW of power. Statkraft explained on Tuesday that the new virtual power plant will monitor the operations of over 1GW worth of wind power, solar power, battery storage, and flexible gas engines and will compare it with the constantly updating Day Ahead, On-the-Day, and cashout price forecasts. This will allow for real-time optimisation of power trading in the British energy market.
Indian Govt Approves 5-Yr Plan For EV Battery Manufacturing
Headed by Prime Minister Narendra Modi, the cabinet approved the Phased Manufacturing Programme under its National Mission on Transformative Mobility and Battery Storage. The aim is to run the PMP for five years to "support setting up of few-large scale, export-competitive integrated batteries and cell manufacturing Giga plants". The whole agenda is to promote indigenous manufacturing of all EV components. The PMP scheme, scheduled to pan out from 2019-20 to 2023-24 will be approved by the NMTMBS to help with this.
The world is going to have a shortage Tier 1 lithium ion batteries...
@sdmoores: The world is going to have a shortage Tier 1 lithium ion batteries. Tier 2 and 3 are not yet good enough for Tier 1 Western Auto producers to scale.
India Offers $1.4 Billion In Subsidies To Support The Domestic Electric Vehicle Industry
To encourage the growth of the electric vehicle (EV) industry in India, the government has developed a two-pronged strategy aimed at both buyers and manufacturers: $1.4 billion in subsidies are to be offered, followed by a hike on import tariffs within the next year to spur domestic companies to build the vehicles. The scheme promises to lay out $1.4 billion in subsidies over three years for electric buses, three-wheelers, four-wheelers that are registered as commercial vehicles as well as private motorbikes and scooters.
Germany's car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving
"We will invest over 40 billion euros in electric mobility during the next three years, and another 18 billion euros will be invested in digitization and connected and automated driving," VDA president Bernhard Mattes said in a statement on Saturday. The range of electric car models from German manufacturers would treble to around 100 in that period, he said.
Porsche increases first EV production after more than 20,000 make $2,800 down payment
Porsche AG will increase production of the Taycan after more than 20,000 potential buyers registered to purchase the brandâ€™s first electric car, matching the entire annual output initially earmarked for the four-door sedan.