An electric vehicle battery recycler has chosen Chester County to establish its first South Carolina operations.

Princeton NuEnergy, a clean technology company, will invest $11 million in a new facility that will create 41 new jobs, according to a news release from the South Carolina Department of Commerce.

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Argonne National Laboratory projects that battery cell production in North America will exceed 1,200 GWh of capacity by 2030. That is enough to supply 12 to 15 million new EVs annually assuming average battery capacities of 80 to 100 kWh per vehicle. In the United States, much of the battery production is expected to take place near vehicle assembly locations, primarily in the Midwest and Southeast. The close proximity of battery production and vehicle assembly is critical for minimizing shipping time and transport costs for EV manufacturers.

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The U.S. Department of Energy's (DOE's) Office of Fossil Energy and Carbon Management (FECM) this week announced six projects selected to receive approximately $9.3 million in federal funding to develop cutting-edge technology solutions to make clean hydrogen a more available and affordable fuel for electricity generation, industrial decarbonization, and transportation. The projects will focus on advancing hydrogen systems that convert varied waste feedstock materials into clean energy with superior environmental performance to help achieve the Biden-Harris Administration's...Read More

The European Union said on Wednesday that it would impose additional tariffs of up to 38 percent on electric cars built in China, a move it said would help level the playing field for automakers in Europe.

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