Supply chain problems are real, and ongoing, but they don’t seem to be holding back the steady transition to electrified vehicles. Global EV sales are soaring, and so are raw material deliveries, according to the latest Monthly Battery Raw Materials Deployment report from Adamas Intelligence. In June 2022, global monthly sales of electrified passenger vehicles… Read more »
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Ascend Elements to open battery recycling facility in Georgia
Battery recycling and manufacturing company Ascend Elements (formerly known as Battery Resourcers) is planning to open a battery recycling plant in Georgia by August of 2022, where it will recycle lithium, cobalt and nickel. The company plans to invest $43 million in the 154,000-square-foot facility, which will be able to process 30,000 metric tons of… Read more »
USA Rare Earth acquires permanent magnet manufacturing capability
USA Rare Earth has purchased the neodymium iron boron (NdFeB) permanent magnet manufacturing equipment formerly owned and operated in North Carolina by Hitachi Metals America. Demand for rare earth magnets is being driven by plug-in vehicles (electric motors and batteries), wind generators (direct drive generators), medical devices (personal vital sign monitors and medical imaging machines)… Read more »
Wiggins Lift releases high-capacity electric forklift
Forklift manufacturer Wiggins Lift unveiled a fully electric industrial forklift, Yard eBull, at the recent Breakbulk Americas Show in Houston. The Yard eBull has a 30,000 to 70,000 lb capacity and is commercially available with a six-month lead time. Wiggins says the Yard eBull achieves higher capacities than other electric lifts by using high-voltage lithium-ion… Read more »
IHS Automotive: global plug-in production will increase 67 percent this year
According to IHS Automotive, EV sales are about to take off like a Model S on a freeway onramp. The research firm predicts that worldwide production of plug-ins will soar to more than 403,000 in 2014, a 67% increase. The Europe, Middle East and Africa region will account for the largest share of production at… Read more »
