GM and Komatsu will codevelop a hydrogen fuel cell power module for Komatsu’s electric drive mining truck – here’s why that makes sense.

General Motors and mining and construction equipment giant Komatsu will jointly design and validate the hydrogen fuel cell technology for the 930E electric drive mining truck.

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Dec 6 (Reuters) - There is plenty of hand-wringing on display at the COP28 climate conference in Dubai about the slow pace of reducing the consumption of fossil fuels to fight climate change. But one positive that delegates can point to is the growing fleet of electric vehicles worldwide that is already making a surprisingly big dent in demand.

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KINGS MOUNTAIN, N.C. — Everyday rechargeable items, from cell phones to electric vehicles to life-saving devices like pacemakers, need lithium-ion batteries to operate. Albemarle Corporation, the largest producer of lithium in the country, is looking at expanding the supply of this critical mineral here in the U.S.

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Year-to-date US EV sales have surpassed 1 million – the first time EV sales exceeded that threshold in a single sales year.

The National Automobile Dealer Association (NADA) reports that through 11 months of 2023, BEV sales totaled 1,007,984 – an increase of 50.7% year-over-year.

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