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Over 70,000 jobs will be created through the rising battery manufacturing in Europe within the next years, new studies predict.


The energy supply in Germany and Europe has never been more in flux. As the success of renewable energies continues to mount, another technology is coming into focus. Energy storage technologies and battery storage systems in particular are becoming increasingly important with the advancement of the energy transition. This development also has significant implications for Germany as an economic center, since battery production is expected to create thousands of jobs here in the future.

Europe has not traditionally played a very significant role as a site for battery cell production, but technical advances, favorable political conditions and an especially promising sales market are making the continent increasingly attractive for battery production. A look at the key role that battery cell production plays in upstream value chains – throughout the renewable energy supply sector and especially in the manufacture of electric vehicles – makes its significance clear. Battery cells represent approximately 40 percent of the value added in the production of an electric vehicle. So it is no wonder that production capacities for lithium-ion batteries are growing faster in Europe than in any other region of the world. Current forecasts predict that the continent’s share in this global manufacturing business will increase from around 6 percent now to 16 to 25 percent by 2030.

Numerous battery cell manufacturing plants are currently being built in Europe. According to Benchmark Mineral Intelligence, Europe is expected to host manufacturing facilities capable of producing more than 300 gigawatt hours (GWh) of battery capacity by 2029. The meta-study “Batteries for electric cars: Fact check and need for action,” commissioned by VDMA and carried out by Fraunhofer Institute for Systems and Innovation Research ISI, even suggests that production capacities of 300 to 400 GWh could be achieved by 2025. The website Battery-News.de anticipates that the German market alone will account for more than 170 GWh of production capacity. By way of comparison, Europe currently has around 30 GWh of production capacity.

A giant 18-wheel transport truck is barreling down a multi-lane Texas highway, and there is no one behind the wheel.

The futuristic idea may seem surreal, but it is being tested in this vast southern US state, which has become the epicenter of a rapidly developing self-driving vehicle industry.

Before driverless trucks are allowed onto roads and highways, however, multiple tests must still be conducted to ensure they are safe.

The energy systems that power our lives also produce wasted heat—like heat that radiates off hot water pipes in buildings and exhaust pipes on vehicles. A new flexible thermoelectric generator can wrap around pipes and other hot surfaces and convert wasted heat into electricity more efficiently than previously possible, according to scientists at Penn State and the National Renewable Energy Laboratory.

“A large amount of heat from the energy we consume is essentially being thrown away, often dispersed right into the atmosphere,” said Shashank Priya, associate vice president for research and professor of materials science and engineering at Penn State. “We haven’t had cost-effective ways with conformal shapes to trap and convert that heat to useable energy. This research opens that door.”

Penn State researchers have been working to improve the performance of thermoelectric generators—devices that can convert differences in temperature to electricity. When the devices are placed near a , electrons moving from the hot side to the cold side produce an electric current, the scientists said.

Agreement will finance sales of Class 8 battery-electric and hydrogen fuel cell electric vehicles to customers

PHOENIX 0, Jan. 20, 2022 /PRNewswire/ — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, and Corcentric Fleet Funding Solutions, a leading provider of leasing and financing solutions, today announced a signed agreement to facilitate sales of Class 8 Nikola Tre battery-electric vehicles (BEVs) and Nikola Tre hydrogen fuel cell electric vehicles (FCEVs). Pursuant to the agreement, Corcentric will purchase vehicles and related assets (e.g., charging assets) directly from Nikola to offer Nikola customers a bundled lease that provides Nikola trucks and related equipment, as well as fuel and maintenance, in a single agreement.

“We believe this partnership will allow Nikola to reach more customers by offering solutions to those who otherwise may not have access to financing options,” said Nikola Chief Financial Officer, Kim Brady. “The agreement will provide Corcentric a launching point to expand its offerings into the electric vehicle space. Together we expect to provide funding resources, multiple options to tailor leases to customer needs, and best-in-class customer care for fleet customers and owner/operators.”

And they can detach while still in motion.

Three former SpaceX engineers launched a company to develop autonomous battery-electric trains that they believe can help to improve the efficiency and emissions of railroads, a press statement reveals.

The firm, Parallel Systems, recently raised $49.55 million in Series A funds to build autonomous freight trains. The funding will go, in part, towards advanced tests for its self-driving machines.

Decarbonizing cargo transportation Railroads are a great testbed for self-driving technologies as the constrained movement of trains means there is less possibility for something to go wrong. On top of that, the transportation sector in the U.S. is the country’s largest source of greenhouse emissions, though rail is only responsible for 2 percent of total transportation emissions. Estimates by the Association of American Railroads suggest that a shift to rail and away from road transportation could reduce emissions by up to 75 percent.

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Luminar, a laser lidar startup led by one of the youngest U.S. billionaires, has a new partnership with Mercedes-Benz that includes supplying sensors for its luxury vehicles and gathering on-road data from them to improve automated driving. The German carmaker also bought a small stake in the tech company.

Luminar’s Iris lidar will be integrated into future Mercedes planned for its next-generation platform to improve safety and help them operate autonomously during highway driving, the companies said. Details including specific models that will use the sensor and when they’ll be available for sale to customers aren’t being disclosed. Mercedes also acquired 1.5 million Luminar shares as part of the partnership, founder and CEO Austin Russell, 26, tells Forbes.

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The luxury automaker is buying 1.5 million shares of the laser lidar startup that’s led by one of the youngest U.S. billionaires.

Mile-long, slow-moving diesel trains loaded with cargo chugging slowly across the U.S. could be a thing of the past one day if stealth startup Parallel Systems has its way. The Los Angeles company thinks the future of freight lies in autonomous battery-powered trains that squeeze far more capacity out of existing rail lines.

Founded by a trio of former SpaceX engineers, including CEO Matt Soule, Parallel’s idea for smaller, flexible zero-emission trains pulling no more than 50 cars and operating with greater frequency than traditional behemoths that haul over 150 boxcars at a time caught the attention of tech-oriented venture firms, including Anthos Capital, Congruent Ventures, Riot Ventures and Embark Ventures. With their backing and from other investors, Parallel just raised $49.6 million to refine prototypes and software for its futuristic trains and, eventually, shift more freight hauling from trucks.

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L.A.-based Parallel Systems, which just raised $50 million, thinks it can squeeze far more capacity out of existing rail lines.