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Eaton Corporation will develop an affordable home refueling station for natural gas vehicles, utilizing existing natural gas sources in the home and innovative compressor technology. The effort is funded in part by a $3.4-million Earlier post.).
Battery leasing has long been considered as a way of helping make EVs more affordable, and it appears that Honda is embarking on a business venture that might allow that idea to be scaled up. and Mitsubishi Corporation. Combining.
Cabot Corporation, a leading global specialty chemicals and performance materials company, has been selected by the US Department of Energy (DOE) to participate in an advanced vehicle technologies research project that is part of a large, $80-million funding package ( earlier post ). economic growth.
United States Steel Corporation, Norfolk Southern Corporation and The Greenbrier Companies, Inc. Greater Freight Capacity: Enhancements to the gondola design also afford greater freight capacity. jointly announced a new, more sustainable steel gondola railcar.
The US Department of Energy (DOE) announced approximately $64 million in Fiscal Year 2020 funding for 18 projects that will support the H2@Scale vision for affordable hydrogen production, storage, distribution, and use. Collaborative Composite Solutions Corporation. The Lubrizol Corporation. Nikola Corporation.
Australia-based Pure Hydrogen Corporation has entered an arrangement with PepsiCo Australia to trial a hydrogen-fueled prime mover at one of PepsiCo’s manufacturing sites in the City of Brisbane. Pure Hydrogen will supply PepsiCo with a Hydrogen Fuel Cell 160kW 6 x 4 Prime Mover (HFCV Prime Mover).
Through its H2@Scale initiative, the office brings together stakeholders to advance affordable hydrogen utilization to increase revenue opportunities in multiple energy sectors.
(CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation. —Steve Oldham, CEO of CE. Fort Capital acted as advisors to CE on this transaction.
made progress in reducing CO 2 emissions and improving sustainability in its global corporate activities in fiscal year 2014 while simultaneously increasing vehicle production and plant energy efficiency. Nissan is utilizing a number of proven forms of sustainable energy generation to help minimize its corporate carbon footprint.
The platform will have algorithms that analyze applicants’ creditworthiness and their eligibility for EV incentives in order to offer them the most affordable EV auto loan on the market. Taka Solar Corporation is developing a solar panel that utilizes an advanced tube-based architecture to package perovskites.
Multiple development projects involving the MPG are already in process, including a demonstration of the technology as a mobile charging station for EVs, funded in part by the Michigan Economic Development Corporation and the US Army Combat Capabilities Development Command Ground Vehicle Systems Center. Retail EV Charging Stations.
Together with ENEOS Corporation, Toyota and Woven Planet are working to build a comprehensive hydrogen-based supply chain aimed at expediting and simplifying production, transport, and daily usage. Hydrogen can be used to generate electricity in fuel cell systems and can also be used as a combustion fuel.
Stellantis Ventures is the corporate venture fund of the legacy automaker. Stellantis’ investment in Tiamat supports its goal to provide customers with clean, safe, and affordable mobility worldwide. Our customers are asking for emissions-free vehicles that offer a combination of robust driving range, performance, and affordability.
Toyota is collaborating with Joby Aviation (Joby), an aerospace company that is developing and commercializing all-electric vertical take-off and landing (eVTOL) aircraft to enable the deployment of fast, quiet and affordable air transportation services. —Toyota Motor Corporation President and CEO Akio Toyoda. Joby’s eVTOL.
In addition to providing a Honda e: Business Bike series model to Japan Post and Vietnam Post Corporation for mail delivery, Honda is currently conducting joint trials with Thailand Post Company Limited, and planning to begin production and sales of the Benly e: in Thailand before the end of this month. Platform strategy. Battery sharing.
In July, Maverick Synfuels and Petrostar Petroleum Corporation, a Canadian-based oil and gas exploration company, formed Maverick Northstar, Inc., Maverick is pursuing opportunities to build and operate the Maverick Oasis platform, and is interested in having discussions with potential strategic partners. Earlier post.).
In addition to affordability, Wisk has made accessibility a cornerstone of its design process. Wisk is backed by The Boeing Company and Kitty Hawk Corporation. A larger passenger cabin with 4 seats and ample storage for baggage and personal carry-on items, making it one of the most versatile air taxis in the market.
When used as an alternative to fossil fuels, green hydrogen can enable deep decarbonization of hard-to-abate sectors, enable the repurposing of valuable existing infrastructure and support an affordable, responsible energy transition. million tons of green hydrogen per year for the energy, industry, and mobility sectors at €1.5/kg
Stellantis Ventures, the corporate venture fund of Stellantis N.V., Abundantly available sodium offers benefits in increased sustainability and material sovereignty. […] The post Stellantis Ventures Invests in Tiamat and Affordable Sodium-Ion Battery Technology appeared first on Electric Cars Report.
Vitesco Technologies, formerly (until September 2019) the Continental Powertrain Division, has started the market launch of its fully integrated electric axle drives (EMR3) for Dongfeng Passenger Car Corporation. —Gregoire Cuny, head of Vitesco Technologies in China.
Affordable Mobility Platform (AMP). Eaton Corporation. Eaton Corporation. Fiscal Year 2021 Low Greenhouse Gas (GHG) Vehicle Technologies RD&D DE-FOA-0002475. Project Description. Federal share. AOI 1: EV Charging Community Partner Projects. Metropolitan Energy Center. EV Market Stimulation in Divested Economies. BorgWarner Inc.
—Catherine Perez, corporate vice president of corporate strategy, partnerships and business development at Nissan. By combining appropriate thermal spraying technology and NMRP, manufacturers can mass-produce engines with iron spray coating at a consistent quality level, at a relatively affordable price.
There is growing support for flywheel hybrid systems across the industry, fundamentally driven by affordability. Volvo Car Corporation will begin testing of a flywheel drive on public roads later this year. Ricardo and Ford provided specialist expertise around alternative technologies and applications. —Torotrak CEO Dick Elsy.
Toyota Motor Corporation (TMC) will stage the world premiere of the FCV-R, a practical sedan-type next-generation hydrogen fuel-cell concept vehicle, at the upcoming Tokyo Motor Show. The Aqua, an affordably priced compact-class dedicated hybrid vehicle. The FCV-R concept. Click to enlarge. Click to enlarge. mpg US, 2.5
The strategy to maximize design commonality, leverage volume and derive efficiencies through economies of scale will help to launch the world’s first affordable, mass-market FCEVs as early as 2017. Working together will significantly help speed this technology to market at a more affordable cost to our customers. Earlier post.).
Chevron Corporation made a Series A investment in Zap Energy Inc. , a Seattle-based start-up company developing a next-generation modular nuclear reactor with an innovative approach to advancing cost-effective, flexible, and commercially scalable fusion. We see fusion technology as a promising low-carbon future energy source.
NuScale Power has finalized an investment and strategic partnership agreement with JGC Holdings Corporation (JGC HD), a holding company of the world’s leading EPC contractor group companies headquartered in Japan. NuScale has signed and announced agreements with entities in the US and internationally.
Growing availability is also important in order to make sustainable aviation fuel more widely used and affordable for Finnair’s future flight operations. The partnership will not only increase Finnair’s use of sustainable aviation fuel, but it will also boost the production of sustainable aviation fuel in Finland.
Bank of America’s member on the GCEP management committee will be James Mahoney, the bank’s corporate communications and public policy executive. All of humankind needs energy that is reliable, cleaner and more affordable. Bank of America is also working to reduce greenhouse gas emissions from its own operations.
This project directly addresses those issues as we seek to advance technologies that can enable ports as high-throughput clusters for affordable, low-carbon hydrogen and achieve scaled demand across multiple applications. —Ted Barnes, Director of R&D at GTI.
Finding ways to convert discarded “gutter oil” into jet fuel could enhance regional biofuel supplies and improve biofuel’s affordability. The Commercial Aircraft Corporation of China, Ltd. Aviation Industry Corporation of China (AVIC), China Aluminum Corporation (CHINALCO), Baosteel Group, and Sinochem Group.
Electrolysis company Hydrogenics Corporation has received an order from E.ON for a “Power-to-Gas” project in Germany. The 2 MW energy storage facility, to be located in Falkenhagen in northeast Germany, will use surplus renewable energy sources to produce hydrogen for storage in the country’s existing natural gas pipeline network.
Tesla’s corporate family rating has been upgraded two levels from Ba3 to Ba1 by Moody’s Investors Services, citing a positive outlook that the automaker will maintain its position as the leading manufacturer of EVs. If you have any comments, concerns, or questions, please email me at joey@teslarati.com.
Suzuki Motor Corporation and Daihatsu Motor Co., As part of their participation in the project, Suzuki and Daihatsu are to each acquire 10% of issued shares of Commercial Japan Partnership Technologies, the joint venture for the CJP initiative, from Toyota Motor Corporation.
USAMP is a wholly owned subsidiary of USCAR focused on developing materials and processes that enable the high volume production of vehicles that are half the mass, more recyclable, of equal or better quality and durability, and are as affordable as vehicles today.
The Zephyr platform is a new class of unmanned air vehicle that operates as a high-altitude pseudo-satellite (HAPS) enabling affordable, persistent, local satellite-like services. Using Amprius’ cells, which contain a 100% silicon anode, the Zephyr S flew more than 25 days, setting a new endurance and altitude record for stratospheric flight.
Hard to believe anyone working for a major corporation would leave a dodgy message like that with a customer who had publicly complained about their miscommunications. But whomever left this voicemail for me this morning, never identified who they were, what department they worked in or why they were calling.
VTO research pathways focus on fuel diversification, vehicle efficiency, energy storage, lightweight materials, and new mobility technologies to improve the overall energy efficiency and affordability of the transportation system. Enovix Corporation. Exelon Corporation. Group14 Technologies Inc. Dream Team Co LLC.
TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage. TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions.
Toyota Motor Corporation has released the Yaris Cross, a new-model compact SUV. A 4WD (four-wheel drive) system affords a seamless driving performance for a wide range of activities from urban driving to leisure activities. The Yaris Cross will be available through Toyota dealers nationwide from 31 August.
Suzuki Motor, Daihatsu Motor, Toyota Motor, and Commercial Japan Partnership Technologies Corporation (CJPT) have agreed to work towards the market introduction of mini-commercial van electric vehicles (BEVs) in FY2023.
Virgin Australia, Brisbane Airport Corporation and renewable jet fuel provider SkyNRG will conduct a feasibility study into the creation of Australia’s first “bio-port” at Brisbane Airport. We are therefore very pleased that our first announced bio-port outside Europe is going to be in Australia.
Under the agreement, ALTe will own one third of the Joint Venture known as MESA Industrial Technology Corporation. A total of US$200 million has been committed to the JV at this stage. At full capacity in the forthcoming four factories, MESA is projected to realize production volumes of at least 240,000 units annually.
Ricardo has signed a strategic cooperation agreement with China-based startup Future Mobility Corporation (FMC) to provide engineering support in the development of a family of state-of-the-art electric vehicles, aimed at offering affordable quality and performance to customers in Asia, North America and Europe.
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