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ELECTRIC VEHICLES: EU Aims to Have 30 Million Electric Cars on the Road by 2030

The European Commission seeks to have at least 30 million electric vehicles on the region’s roads by the end of the decade under a plan that would require the auto industry to massively accelerate its transformation.

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ELECTRIC VEHICLES: Germany’s Electric-Car Market Is Poised to Overtake California’s

Electric-vehicle sales in Germany will surpass California’s for the first time this year, with a range of government incentives propelling Europe’s biggest auto market ahead of Tesla Inc.’s home state.

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HYDROGEN: Annual investments in green hydrogen production to exceed $1 billion by 2023

  • Date: 04-12-20
  • Category: HYDROGEN
  • Source: Green Car Congress

IHS Markit forecasts that annual global investments in green hydrogen—hydrogen production powered by renewable sources—will exceed US$1 billion by 2023. The elevated investment outlook is attributed to falling costs and policy support from governments looking to shift towards low-carbon economies.

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COBALT: China’s GEM Co. Ltd and Glencore extend their long-term strategic cobalt partnership

  • Date: 03-12-20
  • Category: COBALT
  • Source: Glencore

Following the announcement issued in October 2019, Glencore and GEM are pleased to announce that they have extended their partnership for the supply of cobalt hydroxide by another five years and have formally embedded responsible sourcing and sustainability into the contractual relationship.

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ELECTRIC VEHICLES: Biden’s Charging Plan Could Sell 25 Million EVs

In a bid to fight climate change and build a stronger, greener economy, Joe Biden is starting with plugs. Specifically, the president-elect has a plan to install 500,000 electric vehicle charging cords by 2030, roughly a five-fold increase in the nation’s EV infrastructure that could cost more than $5 billion.

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AUTO PRODUCTION: Japan Plans Phase-Out of New Gasoline Cars by Mid-2030s

All new vehicles sold in Japan by the mid-2030s will be hybrid or electric as the government begins to unveil concrete steps for reaching its goal of becoming carbon neutral by 2050, broadcaster NHK said.

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HYDROGEN: Enel, Eni to build joint 20 MW pilot green hydrogen project

  • Date: 03-12-20
  • Category: HYDROGEN
  • Source: PV Magazine

Italian power utility Enel and energy provider Eni have announced a plan to deploy 20 MW of hydrogen generation capacity between 2022 and 2023.

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AUTO SALES: US Sales: How much of 2020 will we see in 2021?

  • Date: 02-12-20
  • Category: AUTO SALES
  • Source: LMC Automotive

With fewer than 30 selling days left before 2020 comes to an end, we look back to a normal January and finetune our expectations for 2021. To call this a tumultuous year would be an understatement, and many of us will be glad to see the back of it, but a calendar reset does not automatically mean that the US Light Vehicle market will stabilise.

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