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India’s Li-Ion Market Will Touch CAGR of 14.8% in 2023-’28: IMARC

A study by IMARC Group, called “Indian Lithium-Ion Battery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” makes interesting observations about India’s lithium-ion battery market. As per the study, the Li-Ion market of the country reached US$ 2.5 Billion last year. The study says that the market will touch US$ 5.9 Billion by […]

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Lack of Logistics Support Major Hurdle for EV Market Growth in Africa: UNCTAD

A recent report released by the United Nations Conference on Trade and Development (UNCTAD) suggests that Africa’s critical mineral industry can help manufacturers looking to diversify their supply chain. It can power their EV market and add value to their global supply chain. The report places the continent in the fifth position on the world’s […]

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Advanced Chemistry Battery Market Demand in India Expected to Grow to 220 GWh by 2030

The Confederation of Indian Industries (CII) has released a report entitled ‘Raw Materials for Battery & Component Manufacturing’. The report delves into the following aspects of the Indian battery and component manufacturing industry- The Speedbreakers to EV Industry Growth The report highlights the significant need for localisation of the EV ecosystem in India, as well […]

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Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation

A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning.  The report highlights the significant reduction in GHC […]

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EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup

The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for […]

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Developing Countries Yet To Explore Critical Minerals: IRENA Report

A latest report by the International Renewable Energy Agency (IRENA) on critical minerals claims that several developing countries hosting critical mineral reserves are yet to explore them fully. The agency mentioned its latest findings on critical minerals in its report titled ‘Geopolitics of the Energy Transition’.  The report said that developing countries with higher reserves […]

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Chinese Firms Doubled Their Investments In Critical Minerals: IEA Report

A latest report by the International Energy Agency (IEA) claimed that companies in China doubled their investments in critical minerals in 2022. The report, released today, talked about the global landscape of demand and supply of critical minerals like Lithium, Cobalt and Nickel, among others. In its maiden report on the issue, titled “Critical Minerals Market […]

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POSCO Supercharges Green Innovation with Massive Hydrogen & Battery Production Investment

POSCO Holdings Inc. has announced its plan to invest 121 trillion won (US$92 billion) by 2030, claiming to strengthen its competitiveness in the steelmaking industry and foster new growth opportunities. POSCO’s investment strategy encompasses not only its core steelmaking business but also the development of rechargeable battery production and the “hydrogen business,” which will play […]

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ZincFive Closes $80 Million Capital Partnership with Orion Infrastructure Capital

ZincFive, a nickel-zinc (NiZn) battery-based solutions provider, announced a strategic partnership with Orion Infrastructure Capital (OIC). The capital investment will provide ZincFive up to $80 million via a term loan to fuel the company’s global commercial adoption in existing and new markets, including mission-critical applications in data centres, industrial engine starting, and other high-power energy […]

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