<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" > <channel> <title>Electric Vehicle Archives • The Electricity Hub</title> <atom:link href="https://theelectricityhub.com/tag/electric-vehicle/feed/" rel="self" type="application/rss+xml" /> <link>https://theelectricityhub.com/tag/electric-vehicle/</link> <description>Collating and Disseminating Credible Power Industry Data and Information</description> <lastBuildDate>Thu, 13 Mar 2025 09:47:11 +0000</lastBuildDate> <language>en-US</language> <sy:updatePeriod> hourly </sy:updatePeriod> <sy:updateFrequency> 1 </sy:updateFrequency> <generator>https://wordpress.org/?v=6.7.2</generator> <image> <url>https://theelectricityhub.com/wp-content/uploads/2020/11/cropped-NEH-32x32.png</url> <title>Electric Vehicle Archives • The Electricity Hub</title> <link>https://theelectricityhub.com/tag/electric-vehicle/</link> <width>32</width> <height>32</height> </image> <item> <title>VinFast to Build 100,000 EV Charging Stations Across Indonesia</title> <link>https://theelectricityhub.com/vinfast-to-build-100000-ev-charging-stations-across-indonesia/</link> <comments>https://theelectricityhub.com/vinfast-to-build-100000-ev-charging-stations-across-indonesia/#respond</comments> <dc:creator><![CDATA[Martins Eze]]></dc:creator> <pubDate>Thu, 13 Mar 2025 09:46:42 +0000</pubDate> <category><![CDATA[Energy Transition]]></category> <category><![CDATA[News]]></category> <category><![CDATA[Sustainable Development]]></category> <category><![CDATA[Electric Vehicle]]></category> <category><![CDATA[Vietnam]]></category> <category><![CDATA[VinFast]]></category> <guid isPermaLink="false">https://theelectricityhub.com/?p=101266</guid> <description><![CDATA[<p> Vietnam’s VinFast plans to build 100,000 electric vehicle charging stations across Indonesia, Jakarta’s investment minister said, as the EV manufacturer pushes into the burgeoning industry in Southeast Asia’s biggest economy.… </p> <p>The post <a href="https://theelectricityhub.com/vinfast-to-build-100000-ev-charging-stations-across-indonesia/">VinFast to Build 100,000 EV Charging Stations Across Indonesia</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></description> <content:encoded><![CDATA[ <ul class="wp-block-list"> <li> Vietnam’s VinFast plans to build 100,000 electric vehicle charging stations across Indonesia, Jakarta’s investment minister said.</li> <li>Indonesia has been offering several incentives to boost its EV market, including a luxury goods tax exemption that has boosted sales and seen a flurry of key brands entering the country of 280 million people.</li> </ul> <p> Vietnam’s VinFast plans to build 100,000 electric vehicle <a href="https://theelectricityhub.com/?s=charging+stations+">charging stations </a>across Indonesia, Jakarta’s investment minister said, as the EV manufacturer pushes into the burgeoning industry in Southeast Asia’s biggest economy.</p> <p>Indonesia, home to the world’s largest<a href="https://theelectricityhub.com/?s=+nickel+reserves"> nickel reserves</a>, has been seeking to position itself as a regional EV hub and a key player in the global EV supply chain.</p> <p>Investment Minister Rosan Roeslani stated VinFast plans to build up gradually the number of charging stations pledged without providing more details.</p> <p>State news agency Antara reported that the company will also begin construction of an electric vehicle factory in West Java province, which will cost more than $200 million and aim to produce 50,000 vehicles annually.</p> <p>The investment commitment came in a meeting between Indonesian President Prabowo Subianto and VinFast representatives in the capital, Jakarta.</p> <p>Indonesia has been offering several incentives to boost its EV market, including a luxury goods tax exemption that has boosted sales and seen a flurry of key brands entering the country of 280 million people.</p> <p>According to the transportation ministry, 195,084 electric vehicles were registered in Indonesia in November 2024, but uptake remains a challenge because of their price and a lack of charging points.</p> <p>Car sales in Indonesia last month remained dominated by Japanese manufacturers such as Toyota, Honda and Daihatsu, but Chinese carmakers like BYD also made inroads, according to figures released by Indonesian industry association Gaikindo.</p> <p>The plans came after Prabowo met Vietnamese Communist Party General Secretary to Lam in Jakarta and agreed to upgrade ties to a comprehensive strategic partnership.</p> <p>VinFast, Vietnam’s first homegrown car manufacturer, hopes to compete with global EV giants such as Tesla but has struggled to break into the international market.</p> <p>It lost almost $2 billion in the first three quarters of 2024, according to company data, after recording $2.4 billion in losses the previous year.</p> <p>However, the venture has received strong backing from CEO Pham Nhat Vuong, Vietnam’s richest person, as well as parent company Vingroup.</p> <p>Vuong pledged last year to inject $3.1 billion into the EV maker and Vingroup said they would also give $1.4 billion in new funding. Doha-based JTA Investment </p> <p>Qatar signed a memorandum of understanding this month to explore a potential $1 billion investment in VinFast, according to Vingroup. The partnership aims to support VinFast’s “<a href="https://www.thestar.com.my/aseanplus/aseanplus-news/2025/03/13/vinfast-plans-100000-ev-charging-stations-in-indonesia#goog_rewarded">global expansion </a>and technological development”, Vingroup said.</p> <p>The post <a href="https://theelectricityhub.com/vinfast-to-build-100000-ev-charging-stations-across-indonesia/">VinFast to Build 100,000 EV Charging Stations Across Indonesia</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></content:encoded> <wfw:commentRss>https://theelectricityhub.com/vinfast-to-build-100000-ev-charging-stations-across-indonesia/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Nigeria Seeks China’s Help for EV Assembly, Economic Growth</title> <link>https://theelectricityhub.com/nigeria-seeks-chinas-help-for-ev-assembly-economic-growth/</link> <comments>https://theelectricityhub.com/nigeria-seeks-chinas-help-for-ev-assembly-economic-growth/#respond</comments> <dc:creator><![CDATA[Oshionameh Ajayi]]></dc:creator> <pubDate>Mon, 24 Feb 2025 08:49:33 +0000</pubDate> <category><![CDATA[Carbon Emissions]]></category> <category><![CDATA[Energy Storage]]></category> <category><![CDATA[News]]></category> <category><![CDATA[On-Grid]]></category> <category><![CDATA[Sustainable Development]]></category> <category><![CDATA[Sustainable Transport]]></category> <category><![CDATA[West Africa]]></category> <category><![CDATA[China]]></category> <category><![CDATA[Electric Vehicle]]></category> <category><![CDATA[Nigeria]]></category> <category><![CDATA[Off-grid]]></category> <category><![CDATA[Renewable Energy]]></category> <guid isPermaLink="false">https://theelectricityhub.com/?p=100228</guid> <description><![CDATA[<p>The Federal Government has urged China to assist Nigeria in diversifying its economy by establishing electric vehicle assembly plants. Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, made this… </p> <p>The post <a href="https://theelectricityhub.com/nigeria-seeks-chinas-help-for-ev-assembly-economic-growth/">Nigeria Seeks China’s Help for EV Assembly, Economic Growth</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></description> <content:encoded><![CDATA[ <ul class="wp-block-list"> <li class="">Nigeria seeks China’s help establishing electric vehicle assembly plants to diversify the economy.</li> <li class="">Ambassador Odumegwu-Ojukwu calls for support in renewable energy, agriculture, and digital communication to address key national challenges.</li> <li class="">China reaffirms its commitment to Nigeria, highlighting growing trade ties and strategic cooperation on significant infrastructure projects.</li> </ul> <p class="">The Federal Government has urged China to assist Nigeria in diversifying its economy by establishing electric vehicle assembly plants. Minister of State for Foreign Affairs, Ambassador <a href="https://nairametrics.com/2025/02/21/fg-seeks-chinas-support-to-establish-electric-vehicle-assembly-plants-in-nigeria/">Bianca Odumegwu-Ojukwu</a>, made this request during the visit of the Chinese Ambassador to Nigeria, Yu Dunham.</p> <p class="">Odumegwu-Ojukwu described China as one of Nigeria’s largest trade partners and highlighted the importance of expanding cooperation. She expects China’s support to boost Nigeria-China ties and contribute to President Bola Tinubu’s industrialisation goals.</p> <p class="">“In line with President Tinubu’s industrialisation policy, we seek China’s help setting up <a href="http://electric vehicle">electric vehicle </a>assembly plants,” she stated.</p> <p class=""><strong>Focus on Economic Diversification</strong></p> <p class="">The minister emphasised Nigeria’s commitment to strengthening economic relations, aligning with President Tinubu’s Renewed Hope Agenda to diversify the economy.</p> <p class="">She highlighted a growing interest among Nigerian youths in learning Chinese and stressed the need to enhance cultural ties.</p> <p class="">“Many Nigerian universities plan to offer Chinese as a course, given its growing relevance in global trade,” she noted.</p> <p class="">Odumegwu-Ojukwu called for Chinese support in renewable energy, digital communication, and agriculture. She stressed the need to address <a href="https://theelectricityhub.com/?s=food+insecurity">food insecurity</a> and noted the government’s effort to ensure food reaches the poorest.</p> <p class="">“We are not just talking about food; we have created a separate Ministry of Livestock to address food security,” she said.</p> <p class="">The minister urged China to lift trade tariffs on Nigerian goods, as it had already done for 33 other African nations, to foster more significant exchanges between them.</p> <p class=""><strong>Strengthening Bilateral Relations</strong></p> <p class="">Chinese Ambassador Yu Dunham praised Nigeria’s strategic importance and affirmed China’s commitment to strengthening ties. He described the relationship as a “comprehensive strategic partnership” and expressed China’s support for Nigeria’s inclusion in the G-20.</p> <p class="">“We want Nigeria to take on a larger role on the global stage,” Yu stated.</p> <p class="">Yu highlighted the growing trade between Nigeria and China, noting that their bilateral trade exceeded $21 billion in 2024, with Nigeria’s exports rising by 25%. He identified the manufacturing sector as key to Nigeria’s industrialisation and pointed to the recently renewed $2 billion currency swap deal as vital for boosting trade and investment.</p> <p class="">China and Nigeria have collaborated on road construction, railway modernisation, industrial parks, and the Lekki Sea Port. Yu reaffirmed China’s commitment to providing grants to African countries without conditions, further strengthening their partnership.</p> <p class="">You also praised President Tinubu’s official visit to China and his participation in the Forum of China-Africa Cooperation (FOCAC), which helped strengthen relations. He reaffirmed that China remains consistent in its support for African nations, including Nigeria.</p> <p class="">The ambassador emphasised the shared interests of both countries and expressed confidence that they will continue working together to enhance trade, industrialisation, and cultural ties.</p> <p>The post <a href="https://theelectricityhub.com/nigeria-seeks-chinas-help-for-ev-assembly-economic-growth/">Nigeria Seeks China’s Help for EV Assembly, Economic Growth</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></content:encoded> <wfw:commentRss>https://theelectricityhub.com/nigeria-seeks-chinas-help-for-ev-assembly-economic-growth/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Linamar to Spend Nearly $1.1 Billion on Set of Ontario EV Projects</title> <link>https://theelectricityhub.com/linamar-to-spend-nearly-1-1-billion-on-set-of-ontario-ev-projects/</link> <comments>https://theelectricityhub.com/linamar-to-spend-nearly-1-1-billion-on-set-of-ontario-ev-projects/#respond</comments> <dc:creator><![CDATA[Martins Eze]]></dc:creator> <pubDate>Wed, 29 Jan 2025 12:20:05 +0000</pubDate> <category><![CDATA[International News]]></category> <category><![CDATA[Sustainable Development]]></category> <category><![CDATA[Sustainable Transport]]></category> <category><![CDATA[canada]]></category> <category><![CDATA[Electric Vehicle]]></category> <category><![CDATA[Linamar Corp]]></category> <guid isPermaLink="false">https://theelectricityhub.com/?p=99404</guid> <description><![CDATA[<p>Linamar Corp. will invest about $1.1 billion (CDN) in a series of electric-vehicle technology projects at plants across Southwestern Ontario as the supplier works to balance its existing internal combustion… </p> <p>The post <a href="https://theelectricityhub.com/linamar-to-spend-nearly-1-1-billion-on-set-of-ontario-ev-projects/">Linamar to Spend Nearly $1.1 Billion on Set of Ontario EV Projects</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></description> <content:encoded><![CDATA[ <ul class="wp-block-list"> <li>Linamar Corp. will invest about $1.1 billion (CDN) in a series of electric-vehicle technology projects at plants across Southwestern Ontario.</li> <li> Canada’s minister of innovation, science and industry, said the spending is a win for Canadian jobs and “cements” the country’s position as a leader in the EV supply chain.</li> </ul> <p>Linamar Corp. will invest about $1.1 billion (CDN) in a series of <a href="https://theelectricityhub.com/?s=electric-vehicle">electric-vehicle</a> technology projects at plants across Southwestern Ontario as the supplier works to balance its existing internal combustion engine business. will invest about $1.1 billion (CDN) in a series of electric-vehicle technology projects at plants across Southwestern Ontario as the supplier works to balance its existing internal combustion engine business with its expanding EV product portfolio.</p> <p>Company officials, along with federal and provincial industry ministry leaders, announced the spending plan, which has government support, at an event in Guelph on January 28.</p> <p>Linamar Executive Chair Linda Hasenfratz said the investments in new manufacturing capabilities and capacity will allow the company to maintain its leadership position for “every type of vehicle propulsion.”</p> <p>“This partnership helps us realize that potential,” she said in a release.</p> <p>“The participation of both levels of government in this program is a great indication of their commitment to the Canadian automotive manufacturing sector and helps ensure Canada and Ontario can successfully position itself as an industrial leader for producing highly advanced automobiles within a rapidly changing global automotive market.”</p> <p>The supplier will spend about $800 million on the set of projects in Guelph, Salford, Welland and Windsor. They include expanded production of e-axles and lightweight parts, as well as development work on new semiconductor packaging methods for EV batteries and hydrogen storage tanks for fuel-cell vehicles.</p> <p>Ottawa will back the investment with $169.4 million from the Strategic Innovation Fund, while Invest Ontario will supply an additional $100 million from the province.</p> <p>Ontario Premier Doug Ford said the spending demonstrates Linamar’s “ongoing success” in the province.</p> <p>François-Philippe Champagne, Canada’s minister of innovation, science and industry, said the spending is a win for Canadian jobs and “cements” the country’s position as a leader in the EV supply chain.</p> <p>The investment is expected to create about 2,000 jobs, as well as 300 co-op positions across the province.</p> <p>Linamar’s spending program is the latest in a series of investments in EV and battery production projects in Ontario. Companies have committed to spend nearly $50 billion on EV and battery output in the province over the past three years, but slower than expected North American EV uptake and recent changes to political priorities in the United States could put some of that spending at risk.</p> <p>US President Donald Trump has repeatedly threatened tariffs of up to 25 per cent on vehicles and parts imported to the United States from Canada since taking office January 20. Such action could shift vehicle and parts production to the United States, creating an “existential” crisis for suppliers in Canada.</p> <p>Linamar’s Hasenfratz is among several industry heavyweights to sit on Ottawa’s Canada-U. S. relations council tasked with <a href="https://finance.yahoo.com/news/linamar-spend-nearly-1-1-132724429.html">advising</a> the federal government on navigating the threat.</p> <p>The post <a href="https://theelectricityhub.com/linamar-to-spend-nearly-1-1-billion-on-set-of-ontario-ev-projects/">Linamar to Spend Nearly $1.1 Billion on Set of Ontario EV Projects</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></content:encoded> <wfw:commentRss>https://theelectricityhub.com/linamar-to-spend-nearly-1-1-billion-on-set-of-ontario-ev-projects/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>IEA Calls for Affordable EVs to Accelerate Global Adoption</title> <link>https://theelectricityhub.com/the-iea-urges-lowering-the-upfront-cost-of-electric-vehicles-evs-to-boost-mass-market-adoption-especially-in-developing-countries/</link> <comments>https://theelectricityhub.com/the-iea-urges-lowering-the-upfront-cost-of-electric-vehicles-evs-to-boost-mass-market-adoption-especially-in-developing-countries/#comments</comments> <dc:creator><![CDATA[Niniola Odeyemi]]></dc:creator> <pubDate>Thu, 09 Jan 2025 09:21:50 +0000</pubDate> <category><![CDATA[International News]]></category> <category><![CDATA[On-Grid]]></category> <category><![CDATA[Sustainable Development]]></category> <category><![CDATA[Sustainable Transport]]></category> <category><![CDATA[Watt Page]]></category> <category><![CDATA[Electric Vehicle]]></category> <category><![CDATA[Global trend]]></category> <category><![CDATA[International Energy Agency (IEA)]]></category> <guid isPermaLink="false">https://theelectricityhub.com/?p=98555</guid> <description><![CDATA[<p>The International Energy Agency (IEA) has emphasized the urgent need to make Electric Vehicles (EVs) more affordable to drive widespread adoption, particularly in developing countries. In its annual global EVs… </p> <p>The post <a href="https://theelectricityhub.com/the-iea-urges-lowering-the-upfront-cost-of-electric-vehicles-evs-to-boost-mass-market-adoption-especially-in-developing-countries/">IEA Calls for Affordable EVs to Accelerate Global Adoption</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></description> <content:encoded><![CDATA[ <ul class="wp-block-list"> <li class="">The IEA urges lowering the upfront cost of Electric Vehicles (EVs) to boost mass-market adoption, especially in developing countries.</li> <li class="">China’s success with affordable, smaller EV models is driving global trends, with electric cars expected to account for half of total sales in the country by 2024.</li> </ul> <p class="">The <a href="https://theelectricityhub.com/geothermal-energy-could-power-15-of-global-demand-by-2050-iea/">International Energy Agency</a> (IEA) has emphasized the urgent need to make Electric Vehicles (EVs) more affordable to drive widespread adoption, particularly in developing countries. In its annual global EVs outlook report released on January 8, 2025, the IEA stressed that reducing the upfront cost of EVs is essential for increasing their market penetration. </p> <p class="">While electric cars already offer lower total ownership costs over their lifetime due to savings on fuel and maintenance, high initial prices remain a significant barrier, especially for low- and middle-income households.</p> <p class="">To address this challenge, the IEA called for greater collaboration between governments and manufacturers to lower production costs through economies of scale and investments in research and development. It also recommended expanding financing options, such as subsidies, incentives, and low-interest loans, to make EVs more accessible. </p> <p class="">Additionally, the agency urged the development of robust charging infrastructure, including public charging networks and home charging solutions. The IEA highlighted that affordable EVs could lead to significant reductions in greenhouse gas emissions and air pollution, but the high cost of current models, particularly larger ones, has limited adoption in emerging economies. </p> <p class="">In 2023, over half of EV sales in major emerging markets were concentrated in large, luxury models, which are often out of reach for mass-market consumers. However, the IEA pointed to a positive trend in China, where smaller and <a href="https://www.iea.org/reports/global-ev-outlook-2024/trends-in-electric-cars?t">more affordable</a> EVs have gained popularity, particularly in the ‘A’ and ‘A0’ categories. </p> <p class="">These models now represent about 70% of the Chinese auto market. In the first half of 2024, nearly 95% of small cars sold in China were electric. These affordable vehicles also come equipped with advanced features, such as massage seats and heated steering wheels, at just over $10,000, making them attractive to a broader range of consumers.</p> <p class="">Lang Xuehong, Deputy Secretary-General of the China Auto Dealers Association, noted that the success of affordable electric cars in China is driving global trends. She emphasized that hybrid plug-in vehicles from China are playing a key role in the global EV boom. The IEA reiterated the importance of cross-border cooperation to bridge the technology gap and further accelerate the transition to affordable electric mobility worldwide. </p> <p>The post <a href="https://theelectricityhub.com/the-iea-urges-lowering-the-upfront-cost-of-electric-vehicles-evs-to-boost-mass-market-adoption-especially-in-developing-countries/">IEA Calls for Affordable EVs to Accelerate Global Adoption</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></content:encoded> <wfw:commentRss>https://theelectricityhub.com/the-iea-urges-lowering-the-upfront-cost-of-electric-vehicles-evs-to-boost-mass-market-adoption-especially-in-developing-countries/feed/</wfw:commentRss> <slash:comments>1</slash:comments> </item> <item> <title>South Korean Battery Giants Delay Factory Plans as EV Demand Slows</title> <link>https://theelectricityhub.com/south-korean-battery-giants-delay-factory-plans-as-ev-demand-slows/</link> <comments>https://theelectricityhub.com/south-korean-battery-giants-delay-factory-plans-as-ev-demand-slows/#respond</comments> <dc:creator><![CDATA[Martins Eze]]></dc:creator> <pubDate>Tue, 07 Jan 2025 12:17:22 +0000</pubDate> <category><![CDATA[Climate Change]]></category> <category><![CDATA[Energy Storage]]></category> <category><![CDATA[International News]]></category> <category><![CDATA[Renewable Energy]]></category> <category><![CDATA[Uncategorized]]></category> <category><![CDATA[Battery]]></category> <category><![CDATA[Clean Energy]]></category> <category><![CDATA[Electric Vehicle]]></category> <category><![CDATA[South Korea]]></category> <guid isPermaLink="false">https://theelectricityhub.com/?p=98448</guid> <description><![CDATA[<p>South Korean battery and material manufacturers are delaying factory completion dates to reduce costs as weak electric vehicle (EV) demand hampers orders, struggling to utilise their expanded production capacity due… </p> <p>The post <a href="https://theelectricityhub.com/south-korean-battery-giants-delay-factory-plans-as-ev-demand-slows/">South Korean Battery Giants Delay Factory Plans as EV Demand Slows</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></description> <content:encoded><![CDATA[ <ul class="wp-block-list"> <li class="">South Korean battery and material manufacturers are delaying factory completion dates to reduce costs as weak electric vehicle (EV) demand hampers orders.</li> <li class="">EcoPro BM has also delayed its Pohang cathode material factory completion by two years, from December last year to December 2026.</li> </ul> <p class="">South Korean battery and material manufacturers are delaying factory completion dates to reduce costs as weak <a href="https://theelectricityhub.com/?s=electric+vehicle+">electric vehicle </a>(EV) demand hampers orders, struggling to utilise their expanded production capacity due to insufficient demand.</p> <p class="">According to industry sources on January 7, that Kumyang has pushed back the completion of its secondary battery plant in Gijang, Busan from December last year to May this year. The 610 billion won ($420 million) facility, which began construction in September 2023, spans 124,479 square meters and is designed to produce cylindrical batteries in two sizes: 2170 (21mm diameter, 70mm height) and 4695 (46mm diameter, 95mm height). At full capacity, the plant will produce 300 million cells annually, enough to power 216,000 EVs per year.</p> <p class="">While Kumyang completed the plant’s exterior construction last August and began installing equipment, insufficient orders have delayed its completion. The company secured its first contract on December 4 with US-based Nanotech Energy, a 2170<a href="https://theelectricityhub.com/?s=+battery"> battery </a>supply deal worth 81.2 billion won, and signed a 78.8-billion-won agreement with Korea’s electric bus maker Pline Motors on December 8 to supply batteries for 750 buses over five years. However, these contracts account for only a quarter of the plant’s investment cost.</p> <p class="">EcoPro BM has also delayed its Pohang cathode material factory completion by two years, from December last year to December 2026. The plant was intended to produce next-generation NCMX (nickel-cobalt-manganese-additive) and single-crystal cathode materials, but a lack of orders led to the delay.</p> <p class="">Lotte Energy Materials, a battery copper foil producer, has postponed the completion of its factory in Catalonia, Spain, from late this year to June 2027. The planned investment of 560 billion won to meet local European demand was scaled back, with last year’s investment dropping from 180 billion won to 25 billion won due to the delay.</p> <p class="">POSCO Future M, facing competition from low-cost Chinese anode materials, reduced its planned expansion of synthetic graphite anode production at its Pohang Blue Valley plant from 18,000 tons to 13,000 tons annually in August last year. </p> <p class="">The company also cut its 2026 production target from 221,000 tons to 113,000 tons, nearly halving the goal. The plant’s utilisation rate has fallen from 80-90 per cent in 2020 to around 30 per cent last year.</p> <p class="">According to SNE Research, the global market share of <a href="https://theelectricityhub.com/?s=South+Korea">South Korea</a>’s top three battery makers in EV battery usage fell to 19.8 per cent between January and November last year, down 3.7 percentage points year-on-year. </p> <p class="">To overcome the downturn, the battery and materials industry has implemented emergency management measures. Former EcoPro Chairman Lee Dong-chae described the situation as critical, saying, “Survival depends on complete <a href="https://www.msn.com/en-xl/news/other/s-korean-battery-giants-delay-factory-plans-as-ev-demand-slows/ar-AA1x4NcK?ocid=entnewsntp&pc=U531&cvid=113550234c2e4855a01464752d79eeb0&ei=36">transformation</a> across all areas of management.”</p> <p>The post <a href="https://theelectricityhub.com/south-korean-battery-giants-delay-factory-plans-as-ev-demand-slows/">South Korean Battery Giants Delay Factory Plans as EV Demand Slows</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></content:encoded> <wfw:commentRss>https://theelectricityhub.com/south-korean-battery-giants-delay-factory-plans-as-ev-demand-slows/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Electric Vehicles Pave the Way for a Greener Future in Liberia</title> <link>https://theelectricityhub.com/electric-vehicles-evs-are-gradually-making-their-mark-in-liberia-a-country-that-has-traditionally-relied-on-fossil-fuel-powered-transportation/</link> <comments>https://theelectricityhub.com/electric-vehicles-evs-are-gradually-making-their-mark-in-liberia-a-country-that-has-traditionally-relied-on-fossil-fuel-powered-transportation/#respond</comments> <dc:creator><![CDATA[Niniola Odeyemi]]></dc:creator> <pubDate>Thu, 19 Dec 2024 11:08:37 +0000</pubDate> <category><![CDATA[News]]></category> <category><![CDATA[North Africa]]></category> <category><![CDATA[On-Grid]]></category> <category><![CDATA[Sustainable Transport]]></category> <category><![CDATA[Watt Page]]></category> <category><![CDATA[Electric Vehicle]]></category> <category><![CDATA[Liberia]]></category> <category><![CDATA[sustainable transportation]]></category> <guid isPermaLink="false">https://theelectricityhub.com/?p=98129</guid> <description><![CDATA[<p>Electric vehicles (EVs) are gradually making their mark in Liberia, a country that has traditionally relied on fossil fuel-powered transportation. Introducing EVs is a significant step towards reducing emissions, promoting… </p> <p>The post <a href="https://theelectricityhub.com/electric-vehicles-evs-are-gradually-making-their-mark-in-liberia-a-country-that-has-traditionally-relied-on-fossil-fuel-powered-transportation/">Electric Vehicles Pave the Way for a Greener Future in Liberia</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></description> <content:encoded><![CDATA[ <p class="">Electric vehicles (EVs) are gradually making their mark in Liberia, a country that has traditionally relied on fossil fuel-powered transportation. Introducing EVs is a significant step towards reducing emissions, promoting sustainable mobility, and fostering economic growth.</p> <p class="">One of the key players in this emerging market is <strong>New Energy Electric Vehicles <a href="https://neevliberia.com/">(NEEV)</a>, </strong>an e-mobility startup aiming to revolutionize <a href="https://theelectricityhub.com/electricity-in-liberias-sector-presents-a-fascinating-mix-of-challenges-and-opportunities-the-countrys-energy-landscape-is-evolving-from-high-tariffs/">Liberia’s transport sector</a>. NEEV offers a range of eco-friendly, reliable, and sustainable electric tricycles, bikes, and vehicles. These EVs provide a clean alternative to traditional fossil fuel vehicles, helping to reduce emissions and promote environmental stewardship.</p> <p class="">Another notable development is the introduction of <strong><a href="https://thenewdawnliberia.com/liberia-gets-first-sample-of-denki-electric-vehicles/">DENKI</a> Electric Vehicles </strong>by Tuma Enterprises, Inc. This marks a historic milestone for Liberia, as it positions the country with access to cutting-edge electric vehicle technology. DENKI’s diverse range of models, from mini EVs to spacious SUVs, are equipped with state-of-the-art battery technology, delivering impressive range and robust performance. Tuma Enterprises is also committed to establishing a robust charging infrastructure and vehicle maintenance facilities across Liberia to support widespread EV adoption.</p> <p class="">In collaboration with its partners, the <strong><a href="https://frontpageafricaonline.com/business/liberia-takes-giant-step-in-zero-emission-vehicles-as-leap-network-and-partners-launch-e-mobility/">LEAP</a> Network</strong> has also launched electric vehicles in Liberia. This initiative is a significant milestone towards transforming the transport sector into zero-emission vehicles. The LEAP Network aims to develop policies to govern the new industry and ensure that the benefits of EVs are maximised.</p> <p class="">Despite these advancements, there are still challenges to overcome. Some hurdles that need to be addressed are the lack of a formal country electric vehicle plan and the need for a robust charging infrastructure. However, the efforts of companies like NEEV, Tuma Enterprises, and the LEAP Network are paving the way for a cleaner, greener future in Liberia.</p> <p class="">The introduction of electric vehicles in Liberia is a promising development that holds the potential to transform the country’s transportation sector. With continued investment and support, EVs could play a crucial role in reducing emissions, promoting sustainable mobility, and fostering economic growth in Liberia. </p> <p>The post <a href="https://theelectricityhub.com/electric-vehicles-evs-are-gradually-making-their-mark-in-liberia-a-country-that-has-traditionally-relied-on-fossil-fuel-powered-transportation/">Electric Vehicles Pave the Way for a Greener Future in Liberia</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></content:encoded> <wfw:commentRss>https://theelectricityhub.com/electric-vehicles-evs-are-gradually-making-their-mark-in-liberia-a-country-that-has-traditionally-relied-on-fossil-fuel-powered-transportation/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Lithium Mines Reduce Output Due to Low Prices</title> <link>https://theelectricityhub.com/lithium-mines-reduce-output-due-to-low-prices/</link> <comments>https://theelectricityhub.com/lithium-mines-reduce-output-due-to-low-prices/#respond</comments> <dc:creator><![CDATA[Martins Eze]]></dc:creator> <pubDate>Tue, 10 Dec 2024 11:15:23 +0000</pubDate> <category><![CDATA[Energy Transition]]></category> <category><![CDATA[International News]]></category> <category><![CDATA[Batteries]]></category> <category><![CDATA[Electric Vehicle]]></category> <category><![CDATA[Lithium]]></category> <guid isPermaLink="false">https://theelectricityhub.com/?p=97601</guid> <description><![CDATA[<p>Some mines that produce lithium, used in electric vehicle batteries, have curtailed operations or delayed expansions after a 90 per cent drop in prices over the last two years. Other… </p> <p>The post <a href="https://theelectricityhub.com/lithium-mines-reduce-output-due-to-low-prices/">Lithium Mines Reduce Output Due to Low Prices</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></description> <content:encoded><![CDATA[ <ul class="wp-block-list"> <li class="">Some mines that produce lithium, used in electric vehicle batteries, have curtailed operations or delayed expansions after a 90% drop in prices over the last two years.</li> <li class="">Pilbara Minerals said in October it would put one of its two processing plants in care and maintenance at the beginning of December, trimming output by the company</li> </ul> <p class="">Some mines that produce lithium, used in <a href="https://theelectricityhub.com/?s=electric+vehicle">electric vehicle</a> batteries, have curtailed operations or delayed expansions after a 90 per cent drop in prices over the last two years.</p> <p class="">Other loss-making mines have maintained production, largely because they have the support of Chinese battery-makers that can increase their profits when the raw materials in their supply chains are cheaper.</p> <p class="">Below are details of company mines that have temporarily halted operations or postponed expansions. Consultancy CRU said the total impact would be 100,000 metric tons less output this year and 228,000 tons in 2025.</p> <p class=""><strong>Mineral Resources</strong> </p> <ol class="wp-block-list"></ol> <p class="">In November, the company said it would put its Bald Hill mine in Western Australia under care and maintenance. It left its other two jointly-owned mines in operation at lower levels.</p> <p class=""><strong>Liontown Resources </strong></p> <p class="">In November, the company trimmed production plans for its new Kathleen Valley <a href="https://theelectricityhub.com/?s=lithium">lithium</a> mine during its ramp-up.</p> <p class=""><strong>Pilbara Minerals </strong></p> <p class="">The company said in October it would put one of its two processing plants in care and maintenance at the beginning of December, trimming output by the company.</p> <p class=""><strong>Arcadium </strong></p> <p class="">In September, the company said it put its Mt. Cattlin mine, in Western Australia in care and maintenance by the end of the first half of 2025. In August, it also announced a delay to expansion plans at its Feniz operation in Argentina and said it would pause development of its Galaxy project in Canada.</p> <p class="">In October, Rio Tinto agreed to buy Arcadium for $6.7 billion.</p> <p class=""><strong>CATL </strong></p> <p class="">Chinese battery giant CATL said in September it would adjust lithium production at its Jianxiawo mine. It did not say how much output would be affected, but UBS estimated it would be 15,000 tons for about three months.</p> <p class=""><strong>Argosy Minerals </strong></p> <p class="">In July, the company suspended operations, at a lithium carbonate production facility at its Rincon project in Argentina.</p> <p class=""><strong>IGO </strong></p> <p class="">The company in January trimmed its 2024 production forecast for its Greenbushes mine by 7 per cent.</p> <p class=""><strong>Core Lithium </strong></p> <p class="">In January, the company suspended operations at its Finniss <a href="https://www.reuters.com/markets/commodities/lithium-mines-that-have-cutback-output-due-low-prices-2024-12-10/">project </a>in Australia’s Northern Territory.</p> <p>The post <a href="https://theelectricityhub.com/lithium-mines-reduce-output-due-to-low-prices/">Lithium Mines Reduce Output Due to Low Prices</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></content:encoded> <wfw:commentRss>https://theelectricityhub.com/lithium-mines-reduce-output-due-to-low-prices/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Stellantis, China’s CATL to Invest $4.33 Billion in EV battery Factory in Spain</title> <link>https://theelectricityhub.com/stellantis-chinas-catl-to-invest-4-33-billion-in-ev-battery-factory-in-spain/</link> <comments>https://theelectricityhub.com/stellantis-chinas-catl-to-invest-4-33-billion-in-ev-battery-factory-in-spain/#respond</comments> <dc:creator><![CDATA[Martins Eze]]></dc:creator> <pubDate>Tue, 10 Dec 2024 10:43:19 +0000</pubDate> <category><![CDATA[Carbon Emissions]]></category> <category><![CDATA[Climate Change]]></category> <category><![CDATA[International News]]></category> <category><![CDATA[Renewables]]></category> <category><![CDATA[Sustainable Development]]></category> <category><![CDATA[Batteries]]></category> <category><![CDATA[CATL]]></category> <category><![CDATA[Electric Vehicle]]></category> <category><![CDATA[Spain]]></category> <category><![CDATA[Stellantis]]></category> <guid isPermaLink="false">https://theelectricityhub.com/?p=97608</guid> <description><![CDATA[<p>Stellantis and Chinese battery maker CATL will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said on December 10. The companies… </p> <p>The post <a href="https://theelectricityhub.com/stellantis-chinas-catl-to-invest-4-33-billion-in-ev-battery-factory-in-spain/">Stellantis, China’s CATL to Invest $4.33 Billion in EV battery Factory in Spain</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></description> <content:encoded><![CDATA[ <ul class="wp-block-list"> <li class="">Stellantis and Chinese battery maker CATL will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle batteries in Zaragoza.</li> <li class="">Meanwhile, Stellantis is also the largest investor in the ACC battery making joint-venture together with Mercedes and French oil company ToatalEnergies.</li> </ul> <p class="">Stellantis and Chinese battery maker CATL will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle <a href="https://theelectricityhub.com/?s=batteries">batteries</a> in Zaragoza in northern Spain, they said on December 10.</p> <p class="">The companies have set up a 50-50 joint venture for the project and expect to start production by the end of 2026. The factory’s capacity could reach 50 gigawatt hours, depending on the evolution of the EV market in the region and on support from authorities, they said in a statement.</p> <p class="">Europe has been seeking to attract EV battery makers to build factories in the region – home to carmakers such as Volkswagen and <a href="https://theelectricityhub.com/?s=Stellantis">Stellantis</a> – as it tries to cut a reliance on Asia and win a green subsidies race with the United States.</p> <p class="">Plans, however, have faced bureaucratic hurdles, production problems and slower EV demand than expected.</p> <p class="">Last month, Sweden’s Northvolt filed for Chapter 11 bankruptcy protection in the U.S. after the loss of a major customer and lack of funding turned it from a European battery champion into a company struggling to stay afloat.</p> <p class="">The CATL-Stellantis venture would bring “innovative battery production to a manufacturing site that is already a leader in clean and renewable energy,” Stellantis’s chairman John Elkann said.</p> <p class="">Robin Zeng, CATL’s chairman and CEO, visited Madrid on December 9, where he met with Prime Minister Pedro Sanchez.</p> <p class="">The Zaragoza plant would be <a href="https://theelectricityhub.com/?s=CATL">CATL</a>‘s third factory in Europe; the other two are wholly owned by the battery maker.</p> <p class="">CATL operates a six-year-old factory in Germany, its first in Europe, with a total investment of 1.8 billion euro to achieve an ultimate production capacity of 14 gigawatt hours.</p> <p class="">It is building a new plant in Hungary with an investment of 7.3 billion euros and planned capacity of 100 GWh.</p> <p class="">Meanwhile, Stellantis is also the largest investor in the ACC battery making joint-venture together with Mercedes and French oil company ToatalEnergies.</p> <p class="">ACC has started production at a gigafactory in France, while the development of two other gigafactories, in Italy and Germany, has been stalled due to low demand for electric vehicles. </p> <p>The post <a href="https://theelectricityhub.com/stellantis-chinas-catl-to-invest-4-33-billion-in-ev-battery-factory-in-spain/">Stellantis, China’s CATL to Invest $4.33 Billion in EV battery Factory in Spain</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></content:encoded> <wfw:commentRss>https://theelectricityhub.com/stellantis-chinas-catl-to-invest-4-33-billion-in-ev-battery-factory-in-spain/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>Northvolt Bankruptcy Threatens Europe’s EV Battery Ambitions</title> <link>https://theelectricityhub.com/northvolt-bankruptcy-threatens-europes-ev-battery-ambitions/</link> <comments>https://theelectricityhub.com/northvolt-bankruptcy-threatens-europes-ev-battery-ambitions/#respond</comments> <dc:creator><![CDATA[Martins Eze]]></dc:creator> <pubDate>Mon, 25 Nov 2024 12:37:25 +0000</pubDate> <category><![CDATA[Carbon Emissions]]></category> <category><![CDATA[Climate Change]]></category> <category><![CDATA[International News]]></category> <category><![CDATA[Battery]]></category> <category><![CDATA[Electric Vehicle]]></category> <category><![CDATA[Northvolt]]></category> <guid isPermaLink="false">https://theelectricityhub.com/?p=96921</guid> <description><![CDATA[<p>Sweden’s ambitions to have a strong electric vehicle (EV) battery industry are overshadowed by the financial collapse of battery maker Northvolt. Last month, Northvolt summarily rejected the headhunter’s scheme and… </p> <p>The post <a href="https://theelectricityhub.com/northvolt-bankruptcy-threatens-europes-ev-battery-ambitions/">Northvolt Bankruptcy Threatens Europe’s EV Battery Ambitions</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></description> <content:encoded><![CDATA[ <ul class="wp-block-list"> <li>Sweden’s ambitions to have a strong electric vehicle (EV) battery industry are overshadowed by the financial collapse of battery maker Northvolt.</li> <li>Most importantly, the crisis brings to light the challenge of industrialising battery production, a highly technical process, and raises doubts about Europe’s ability to compete. </li> </ul> <p>Sweden’s ambitions to have a strong electric vehicle (EV) battery industry are overshadowed by the financial collapse of battery maker <a href="https://theelectricityhub.com/?s=Northvolt">Northvolt</a>. Last month, Northvolt summarily rejected the headhunter’s scheme and filed for Chapter 11 bankruptcy protection in the United States following failure to attract new funding from investors, including Volkswagen and Goldman Sachs. </p> <p>The collapse of Northvolt highlights the difficulties European battery startups will face struggling with Chinese manufacturers that produce 85 per cent of battery cell output worldwide, according to the International Energy Agency.</p> <p> Since 2016, the company, which has a motto of “make oil history,” was able to raise over USD 10 billion. Northvolt managed to produce and sell batteries but failed to scale up production and manufacture high quality materials in high volumes, despite shrinking its operations and cutting jobs in the recent months. </p> <p>In June, BMW scrapped a contract worth 2 billion euros (USD 2.1 billion) because of supply problems, which represented a major blow. Troubles for Europe’s wider <a href="https://theelectricityhub.com/?s=electric+vehicle">EV </a>ambitions: Northvolt now wants USD 1 – USD 1.2 billion to restructure by March 2024. </p> <p>But European automakers have invested billions in turning away from internal combustion engines to EVs, and demand hasn’t risen as quickly as hoped. “The root cause is that they simply cannot meet customer supply demand,” said Andy Palmer, founder of Palmer Automotive, using the term a ‘management issue.’ “We are, also, ten years behind the West in batteries,” he added, “the Chinese are technologically 10 years ahead.” That’s a fact.” </p> <p>Most importantly, the crisis brings to light the challenge of industrialising battery production, a highly technical process, and raises doubts about Europe’s ability to compete. This year, at least eight EV <a href="https://theelectricityhub.com/?s=battery">battery</a> projects in Europe have been delayed or abandoned, including China’s Svolt and Stellantis-led joint venture ACC. </p> <p>Benchmark Minerals reports that Europe’s projected battery capacity for 2030 has dropped by 176 gigawatt-hours in 2024—a loss nearly equivalent to the continent’s current installed capacity. As European startups falter, the gap between Europe and its Chinese rivals continues to widen, jeopardising the continent’s EV future. </p> <p><a href="https://secure.inupdriverspro.com/cf/r/642fbe89324b7a00196525f6?click_id=GiA2eqa8Tqkn7QMF6sCj3rmI-nkLX9V5A57xBDvSIpBUbSC_oV0oxpLEiIC5q_MTMI_jRw&cpc=%7bcpc%7d&site_id=1175951&site=zeemedia-wionews&site_domain=wionews.com&thumbnail=http%3A%2F%2Fcdn.taboola.com%2Flibtrc%2Fstatic%2Fthumbnails%2Fbbd3ea2a3deb46e5998cba5a80cf3182.jpg&campaign_id=24465284&campaign_item_id=3680488654&visit_id=GiA2eqa8Tqkn7QMF6sCj3rmI-nkLX9V5A57xBDvSIpBUbSC_oV0oxpLEiIC5q_MTMI_jRw&title=Most+Computer+Owners+Don%27t+Know+This.+Do+It+Today%21&utm_source=Taboola&tbid=1527999&tblci=GiA2eqa8Tqkn7QMF6sCj3rmI-nkLX9V5A57xBDvSIpBUbSC_oV0oxpLEiIC5q_MTMI_jRw#tblciGiA2eqa8Tqkn7QMF6sCj3rmI-nkLX9V5A57xBDvSIpBUbSC_oV0oxpLEiIC5q_MTMI_jRw" target="_blank" rel="noreferrer noopener"></a></p> <p><a href="https://secure.inupdriverspro.com/cf/r/642fbe89324b7a00196525f6?click_id=GiA2eqa8Tqkn7QMF6sCj3rmI-nkLX9V5A57xBDvSIpBUbSC_oV0oxpLEiIC5q_MTMI_jRw&cpc=%7bcpc%7d&site_id=1175951&site=zeemedia-wionews&site_domain=wionews.com&thumbnail=http%3A%2F%2Fcdn.taboola.com%2Flibtrc%2Fstatic%2Fthumbnails%2Fbbd3ea2a3deb46e5998cba5a80cf3182.jpg&campaign_id=24465284&campaign_item_id=3680488654&visit_id=GiA2eqa8Tqkn7QMF6sCj3rmI-nkLX9V5A57xBDvSIpBUbSC_oV0oxpLEiIC5q_MTMI_jRw&title=Most+Computer+Owners+Don%27t+Know+This.+Do+It+Today%21&utm_source=Taboola&tbid=1527999&tblci=GiA2eqa8Tqkn7QMF6sCj3rmI-nkLX9V5A57xBDvSIpBUbSC_oV0oxpLEiIC5q_MTMI_jRw#tblciGiA2eqa8Tqkn7QMF6sCj3rmI-nkLX9V5A57xBDvSIpBUbSC_oV0oxpLEiIC5q_MTMI_jRw" target="_blank" rel="noreferrer noopener"><br><br></a></p> <p>The post <a href="https://theelectricityhub.com/northvolt-bankruptcy-threatens-europes-ev-battery-ambitions/">Northvolt Bankruptcy Threatens Europe’s EV Battery Ambitions</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></content:encoded> <wfw:commentRss>https://theelectricityhub.com/northvolt-bankruptcy-threatens-europes-ev-battery-ambitions/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item> <title>RAC Trials HVO to Cut Emissions</title> <link>https://theelectricityhub.com/rac-trials-hvo-to-cut-emissions/</link> <comments>https://theelectricityhub.com/rac-trials-hvo-to-cut-emissions/#respond</comments> <dc:creator><![CDATA[Oshionameh Ajayi]]></dc:creator> <pubDate>Wed, 13 Nov 2024 14:58:47 +0000</pubDate> <category><![CDATA[Carbon Emissions]]></category> <category><![CDATA[Energy Storage]]></category> <category><![CDATA[International News]]></category> <category><![CDATA[News]]></category> <category><![CDATA[Off-Grid]]></category> <category><![CDATA[Renewable Energy]]></category> <category><![CDATA[Renewables]]></category> <category><![CDATA[Sustainable Development]]></category> <category><![CDATA[Sustainable Transport]]></category> <category><![CDATA[Electric Vehicle]]></category> <category><![CDATA[HVO]]></category> <category><![CDATA[RAC]]></category> <category><![CDATA[Renewable Diesel]]></category> <category><![CDATA[traditional diesel]]></category> <guid isPermaLink="false">https://theelectricityhub.com/?p=96353</guid> <description><![CDATA[<p>The RAC is trialling 100% renewable hydrotreated vegetable oil (HVO) as an alternative fuel for its recovery trucks. The trial takes place at the RAC’s headquarters in Walsall, UK. Seven… </p> <p>The post <a href="https://theelectricityhub.com/rac-trials-hvo-to-cut-emissions/">RAC Trials HVO to Cut Emissions</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></description> <content:encoded><![CDATA[ <ul class="wp-block-list"> <li class="">The RAC is trialling 100% renewable HVO to reduce CO2 emissions by up to 85% in its recovery truck fleet.</li> <li class="">The partnership with Certas Energy aims to save up to 300,000kg of CO2 annually.</li> <li class="">HVO provides a sustainable, immediate alternative to diesel as the transport sector transitions to electric vehicles.</li> </ul> <p class="">The RAC is trialling 100% renewable hydrotreated vegetable oil (<a href="https://biofuels-news.com/news/rac-trials-hvo-to-run-seven-recovery-trucks/">HVO</a>) as an alternative fuel for its recovery trucks. The trial takes place at the RAC’s headquarters in Walsall, UK. Seven recovery trucks will run on HVO, aiming to cut <a href="https://theelectricityhub.com/?s=CO2+emissions">CO2 emissions</a> by up to 85%.</p> <p class="">HVO comes from renewable raw materials and waste, including vegetable fats and oils. The RAC has partnered with Certas Energy, the UK’s largest fuel distributor, to supply HVO suitable for both on- and off-road vehicles.</p> <p class="">Fleet Manager Matt Hilliar said, “This is an exciting project. It will bring both environmental and business benefits. If the trial continues to show positive results, we will expand the use of HVO in our fleet.”</p> <p class="">The trial will save up to 300,000kg of CO2 annually, significantly reducing the RAC’s environmental footprint. HVO serves as a more sustainable alternative to traditional diesel.</p> <p class="">Steve Little, Managing Director at Certas Energy, added, “This partnership with the RAC marks a key step in reducing carbon emissions in the UK’s roadside assistance fleet. Transitioning to HVO offers a short- and medium-term solution for reducing emissions while the transport sector moves toward <a href="https://theelectricityhub.com/?s=electric+vehicles">electric vehicles</a>.”</p> <p class="">Little also highlighted the growing demand for <a href="https://theelectricityhub.com/?s=renewable+diesel">renewable diesel</a>. He said, “In the past two years, we’ve seen a rise in market demand for renewable fuels. Our collaboration with the RAC shows how HVO can play a vital role in the UK’s journey to net zero.”</p> <p class="">The RAC hopes the trial will lead to broader adoption of HVO in its operations. This move supports the company’s commitment to sustainability and reducing its <a href="https://theelectricityhub.com/?s=carbon+footprint">carbon footprint</a>. By using HVO, the RAC demonstrates the potential of renewable fuels to provide cleaner, greener transport options.</p> <p class="">HVO represents a cleaner alternative to fossil fuels, and it can run on existing diesel engines without significant modifications. The RAC’s fleet trial is part of the company’s broader efforts to explore greener technologies and solutions. The RAC will assess the fuel’s performance and environmental impact as the trial progresses. If successful, HVO could become a central part of the RAC’s fleet operations.</p> <p class="">The partnership with Certas Energy is part of a broader effort within the UK’s transport sector to meet net-zero targets. As demand for renewable fuels grows, companies like Certas will be key in supplying sustainable energy solutions nationwide.</p> <p class="">The RAC’s trial shows how the transport sector can reduce emissions in the short term. While long-term solutions like electric vehicles remain essential, HVO offers a practical alternative for immediate emission reductions. The RAC’s adoption of renewable fuel marks a positive step toward a more sustainable and environmentally friendly transport system in the UK.</p> <p>The post <a href="https://theelectricityhub.com/rac-trials-hvo-to-cut-emissions/">RAC Trials HVO to Cut Emissions</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p> ]]></content:encoded> <wfw:commentRss>https://theelectricityhub.com/rac-trials-hvo-to-cut-emissions/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> </channel> </rss>