NAWA Technologies, pioneers of next-generation energy storage systems, today announces it has hit a significant milestone with the start of manufacturing of its revolutionary
Vertically Aligned Carbon Nanotube (VACNT) material.
Even though the coronavirus pandemic is still hampering certain sectors of the economy, and the Brussels motor show is not taking place as a result, ALVANCE Aluminium is continuing to work on innovation and development of aluminium supply for the industry. The demand for lighter vehicles, vehicles with reduced emissions and fuel consumption, electric and autonomous driving vehicles is a trend that ALVANCE is closely monitoring in order to support its customers in this evolution.
Instead of being recycled, electric vehicle batteries can be “mined” for their precious metals – which keeps them in a closed battery manufacturing loop.
Noveastern, Novares’ Chinese operation, signed a cooperation agreement with the East China University of Science and Technology (ECUST) for research and development of smart film sensors used in batteries for electric vehicles.
The co-operation agreement covers many fields of research, including sensing, signal processing, electronic hardware, software, and electric vehicle application.
Studies predict that automotive demand for thermoplastics will enjoy a compound annual global growth rate of almost 8% to 2025 due to the lightweighting of both internal combustion and electrically-driven vehicles.
Demand for thermoplastic solutions, according to research published by MarketsandMarkets and Research and Markets, among others, is growing due to its properties such as recyclability, fast processing, ability to mold and remold, and stability under high temperatures.
The automotive industry, buffeted by growing uncertainties due to the pandemic-related economic slowdown across the world, faces other challenges such as sourcing raw materials. According to the Atlanta-based risk data analytics firm Vertaeon LLC, the automotive industry is currently under regulatory pressure to reduce its CO2 emissions per mile, sparking a massive manufacturing transition to electric vehicles (EVs). The EV passenger car market is expected to enjoy robust growth globally in the coming decade.
Italvolt Spa, founded by Lars Carlstrom to create one of the largest
gigafactories in Europe, has signed an agreement with Prelios Sgr, manager
of Fondo Monteverdi, for the purchase of an area of one million square
meters. The purchased land is located in the municipality of Scarmagno,
which is in Italy’s second largest region of Piedmont, where the former
Olivetti factory stood.
