The Elements of Innovation Discovered
The Elements of Innovation Discovered
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With its sights set on putting around 10 million fully electric vehicles on global highways over the next decade, the BMW Group is investing in an innovative process to sustainably and efficiently produce the lithium that will go into the batteries powering the BMWs, Mini Coopers, and Rolls-Royces rolling off its assembly lines in the coming years. To help support environmentally sound and resource-efficient extraction of lithium, BMW Group's venture capital fund, BMW i...
With the global transition to electric vehicles charged with renewable energy creating massive new demands for rare earth materials and magnets, copper, and electrical steel, General Motors and GE Renewable Energy are working together to evaluate opportunities to improve supplies of the materials critical to a low-carbon future. "A secure, sustainable and resilient local supply chain for electric vehicle materials is critical to the execution of GM's vision of an all-electric...
Market and business research firm, IDTechEx, predicts that while battery electric vehicles (BEV) are paving the way for decarbonizing road transport, the hydrogen fuel cell will claim a leading role, an estimated US$160 billion role. In the latest report by UK-based tech speculator, "Fuel Cell Electric Vehicles 2022-2042," IDTechEx forecasts the market value of on-road fuel cell vehicles will grow to US$160 billion in 2042 at a compound annual growth rate of 23.9% over the...
The U.S. Department of Energy's Office of Fossil Energy and Carbon Management Oct. 5 announced nearly $7 million in funding for seven projects to develop coal-based filaments or resins for additive manufacturing, and advance development of coal-derived graphite. The projects selected, to be managed by the National Energy Technology Laboratory's Carbon Ore Processing Program, will use materials derived from coal wastes like tailings and ash for additive manufacturing via 3D pri...
When China severely cut exports of rare earths following a dispute with Japan in 2010, Rare Element Resources Ltd. and its Bear Lodge project in Wyoming rose as one of the top candidates for offering a domestic supply of this group of elements critical to a wide range of high-tech, energy, and defense applications. After fading into obscurity for the better part of five years due to poor market conditions, Rare Element and Bear Lodge are back in business. This revival of the...
Already established as a foremost European manufacturer of lithium-ion batteries, Northvolt is now investing $750 million to expand its Northvolt Labs in Sweden into a fully integrated ecosystem for catalyzing technological advances in the emerging battery industry. "There is today an irreversible momentum surrounding the switch to battery-electric solutions," said Northvolt CEO Peter Carlsson. "Northvolt Labs is being expanded in order to capitalize on this – to drive the t...
