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A Lithium-ion battery photographed at a Volkswagen facility in Germany. The EU is looking to increase the number of electric vehicles on its roads in the coming years.

Ronny Hartmann | AFP | Getty Images

Paris-headquartered minerals giant Imerys plans to develop a lithium extraction project that it’s hoped will help meet demand and secure supply for Europe’s emerging electric vehicle market.

In a statement Monday, Imerys said its Emili Project would be located at a site in the center of France, with the company targeting 34,000 metric tons of lithium hydroxide production each year from 2028.

According to the business, this level of production would be enough to “equip approximately 700,000 electrical vehicles per year.”

Alongside its use in cell phones, computers, tablets and a host of other gadgets synonymous with modern life, lithium — which some have dubbed “white gold” — is crucial to the batteries that power electric vehicles.

The project being planned by Imerys is taking shape at a time when major economies like the EU are looking to ramp up the number of electric vehicles on their roads.

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The EU plans to stop the sale of new diesel and gasoline cars and vans from 2035. The U.K., which left the EU on Jan. 31, 2020, is pursuing similar targets.

With demand for lithium rising, the European Union — of which France is a member — is attempting to shore up its own supplies and reduce dependency on other parts of the world.   

In a translation of her State of the Union speech last month, European Commission President Ursula von der Leyen said “lithium and rare earths will soon be more important than oil and gas.”

As well as addressing security of supply, von der Leyen, who switched between several languages during her speech, also stressed the importance of processing.

“Today, China controls the global processing industry,” she said. “Almost 90% … of rare earth[s] and 60% of lithium are processed in China.”

“So we will identify strategic projects all along the supply chain, from extracting to refining, from processing to recycling,” she added. “And we will build up strategic reserves where supply is at risk.”

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Back in France, Imerys said it was finalizing what it described as a “technical scoping study” in order to “explore various operational options and refine geological and industrial aspects relating to the lithium extraction and processing method.”

The site selected for the project has, since the end of the 19th century, been used to produce a type of clay called kaolin for use in the ceramics industry.

The construction capital expenditure of the proposed lithium project is estimated to be around 1 billion euros (roughly $980 million), Imerys added.

“Upon successful completion, the project would contribute to the French and European Union’s energy transition ambitions,” the company said. “It would also increase Europe’s industrial sovereignty at a time when car and battery manufacturers are heavily dependent on imported lithium, which is a key element in the energy transition.”

In recent years, a range of factors has created pressure points when it comes to the supply of the materials crucial for EVs, an issue the International Energy Agency highlighted earlier this year in its Global EV Outlook.

“The rapid increase in EV sales during the pandemic has tested the resilience of battery supply chains, and Russia’s war in Ukraine has further exacerbated the challenge,” the IEA’s report noted, adding that prices of materials like lithium, cobalt and nickel have soared.

“In May 2022, lithium prices were over seven times higher than at the start of 2021,” it added. “Unprecedented battery demand and a lack of structural investment in new supply capacity are key factors.”

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In a recent interview with CNBC, the CEO of Mercedes-Benz sketched out the current state of play, as he saw it when it came to the raw materials required for EVs and their batteries.

“Raw material prices have been quite volatile in the last 12 to 18 months — some have spiked and actually some have come back down again,” Ola Kallenius said.

“But it is true as we become electric, all-electric and more and more automakers go into the electric space, there is a need to increase mining capacities and refining capacities for lithium, nickel, and some of those raw materials that are needed to produce electric cars.”

“We have everything that we need now, but we need to look into the mid to long-term and work with the mining industry here to increase capacities.”

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Meet the Mercedes-Benz ELF: A mobile EV charging rig built for megawatt power

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Meet the Mercedes-Benz ELF: A mobile EV charging rig built for megawatt power

Mercedes-Benz introduced an all-in-one mobile EV charging machine, “ELF,” that promises to unlock charging speeds as quick as filling up at the pump.

Mercedes-Benz unveils the ELF mobile EV charging van

It may look like an electric van, but Mercedes-Benz claims ELF is much more than just any ordinary vehicle. It’s “a symbol of a bold new era in charging,” the luxury brand said on Thursday.

The nickname comes from the German term Experimental-Lade-Fahrzeug (ELF), which translates to Experimental Charging Vehicle.

The Mercedes-Benz ELF is an all-in-one mobile EV powerhouse that combines ultra-fast, bidirectional, inductive, and conductive charging. It’s based on the Mercedes V-Class people carrier and is equipped with five unique charging ports.

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It will act as a rolling test lab, promising to unlock faster, more convenient, and sustainable electric vehicle charging.

The ELF features two fast charging systems: A standard Combined Charging System (CCS) and a heavy-duty Megawatt Charging System (MCS).

Mercedes-Benz-ELF-EV-Charging
The Mercedes-Benz ELF is equipped with two fast charging systems: MCS and CCS (Source: Mercedes-Benz)

Mercedes is “testing the limits of CCS,” claiming the ELF can achieve a charging capacity of up to 900 kW, or enough to add 100 kWh in about 10 minutes. The MCS system, on the other hand, was initially developed for heavy-duty electric trucks, which Mercedes says unlocks charging capacities in the megawatt range.

The company is already using the all-in-one mobile EV charging rig to improve charging on its upcoming vehicles.

Mercedes-Benz-ELF-EV-Charging
The Mercedes-Benz Elf features five different charging ports (Source: Mercedes-Benz)

For example, the Concept AMG GT XX hit a peak charging power of 1,041 kW during megawatt charging after its record-breaking run in Nardò in August.

Mercedes collaborated with Alpitronic to develop a high-performance EV charging station capable of delivering up to 1,000 amps through a modified CCS commercial truck charger. The company is now using what it has learned to develop a new generation of ultra-fast chargers for use at Mercedes-Benz parks.

Mercedes-Benz-ELF-EV-Charging
The Mercedes-Benz ELF (Source: Mercedes-Benz)

According to Mercedes, the new chargers will deliver speeds “that differ only minimally from the conventional refuelling process.”

The ELF is not only capable of absorbing electricity, but Mercedes-Benz is using it to its full potential with bidirectional charging capabilities.

Mercedes-Benz-ELF-EV-Charging
The Mercedes-Benz ELF features Bidirectional charging (Source: Mercedes-Benz)

Capable of both AC and DC bidirectional charging, the ELF can feed energy into your home (Vehicle-to-Home/ V2H), the grid (Vehicle-to-Grid/ V2G), or electric devices (Vehicle-to-Load/ V2L).

Mercedes said a typical vehicle battery with a capacity of 70-100 kWh can power an average single-family home for two to four days.

The new electric CLA and GLC with EQ Technology are the first Mercedes vehicles that offer bidirectional charging capabilities. In 2026, the automaker will launch its first services for bidirectional charging in Germany, France, and the UK. Other markets are set to follow shortly after.

In combination with intelligent energy management, Mercedes said electricity costs can be significantly reduced. Depending on energy use, homeowners can save about 500 euros ($580) per year.

Mercedes-Benz is also using the ELF to test other charging methods, including cable-free induction and automated conductive charging.

The learnings from the ELF will be key to unlocking faster, more convenient, and sustainable charging for upcoming Mercedes-Benz EV models.

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Rare earths stocks surge after China tightens grip on global supplies

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Rare earths stocks surge after China tightens grip on global supplies

USA Rare Earth CEO: We are in close communication with White House

Shares of U.S. rare earth and critical mineral miners surged Thursday after China tightened restrictions on exports, fuelling market speculation that the Trump administration will move more aggressively to invest in building out a domestic supply chain.

Ramaco Resources soared 12%, Energy Fuels surged nearly 8%, USA Rare Earth jumped more than 7%, and MP Materials rallied more than 6%. Lithium Americas popped more than 4% and Trilogy Metals rose more than 6%.

Beijing is now requiring foreign entities to obtain a license to export products that contain more than 0.1% of domestically sourced rare earths, according to China’s Ministry of Commerce. Companies will also need export licenses if they use China’s extraction, refining or magnet recycling technology.

“The White House and relevant agencies are closely assessing any impact from the new rules, which were announced without any notice and imposed in an apparent effort to exert control over the entire world’s technology supply chains,” a White House official told CNBC.

China imposed the restrictions ahead of an expected meeting between President Xi Jinping and President Donald Trump on the sidelines of the Asia-Pacific Economic Cooperation summit in Seoul, South Korea later this month. Rare earths have been a major point of contention in trade talks between Beijing and Washington.

‘Game of chicken’

The White House and the U.S. critical mineral industry have accused China of manipulating the market to drive foreign competition out of business. Rare earths are a subset of critical minerals that are crucial inputs for U.S. weapons platforms, robotics, electric vehicles and electronics among other applications.

The Trump administration has taken equity stakes in MP Materials, Lithium Americas and Trilogy Metals this year as it seeks to stand up a domestic supply chain against China.

Trump administration has shown 'incredible courage' in their approach to critical minerals: NioCorp

USA Rare Earth and Energy Fuels have not struck deals with the White House, but their CEOs told CNBC that they are in close contact with the Trump administration.

“It’s going to take a lot of players to build out this marketplace,” USA Rare Earth CEO Barbara Humpton told CNBC on Oct. 2.

China’s export restrictions “help to ensure a strong position for Xi to sit down with Trump” on the sidlines of the summit in South Korea, Evercore ISI analyst Neo Wang told clients in a Thursday note.

“Although both Beijing and Washington learnt the lesson the hard way in their last exchange of export controls back in [April] and May, China’s stronger pain endurance rooted in its political system adds to the credibility of its threats in a game of chicken,” Wang wrote.

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Cool new device does for electrified walking what e-bikes did for cycling

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Cool new device does for electrified walking what e-bikes did for cycling

Move over, e-bikes – there’s a new way to get a power boost for cruising around town, and this one straps right to your legs. The Hypershell X Ultra is a high-tech wearable exoskeleton that delivers up to 1,000 watts of electric assist to your stride, giving “powered walking” the same kind of jolt that e-bikes gave to cycling.

The company behind it, Shanghai-based Hypershell, says the X Ultra is its most advanced performance exoskeleton yet, designed for hikers, runners, climbers, and even skiers who want to go farther and faster without wearing out their legs.

The new model uses a 1,000W “M-One Ultra” motor, around 25% more powerful than before, along with upgraded thermal management and improved energy efficiency. To put that in perspective, the US limits street-legal e-bikes to 750 watts of power, while the EU caps them at just 250 watts. That means this wearable device technically delivers more power to your legs than most legal e-bikes deliver to their wheels.

According to Hypershell, the X Ultra can reduce muscle load on the hips by up to 63%, lower heart rate by as much as 42% while cycling, and even cut oxygen consumption by nearly 40%. The system intelligently adapts to your movement using AI-powered gait mapping and offers 12 activity modes, including new ones for running, snow, and sand, that automatically adjust power delivery depending on terrain and intensity.

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Despite all the electronics, it’s surprisingly lightweight. The X Ultra uses titanium alloy and carbon fiber construction to keep the system at just 1.8 kg (4 lb), plus a 410 g (0.9 lb) battery pack. That 72Wh battery claims to deliver up to 65 km (40 miles) of assist when cycling or 30 km (18 miles) when walking, and the system can even regenerate energy on downhills for up to 10% extra range.

With a top speed of 25 km/h (15.5 mph), the $1,999 X Ultra is pricey, but could early adopters help it still kick off a new category of electric mobility where people are the vehicle? Let’s hear your thoughts in the comments section below.

via: Newatlas

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