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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

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Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. The Refining & Marketing business is to become a leading European provider of sustainable fuels, feedstock, and mobility solutions.

Oil 465
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Cummins fuel cell technology powers Coradia iLint fleet in Germany

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The Coradia iLint has also been successfully tested in Austria, the Netherlands, Poland and Sweden. The facility opened earlier this year, enabling accelerated adoption of hydrogen technologies across Europe and globally. Cummins and Alstom successfully launched the very first hydrogen-powered Coradia iLint train in Germany in 2018.

Germany 530
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. Registrations fell in all 27 markets, but with varying severity.

Europe 261
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DENSO develops large-screen head-up display; market introduction planned around 2015

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DENSO plans to introduce the new larger-display HUD to the global market in the 2015 timeframe. The HUD technology is expected to help reduce traffic accidents by minimizing the driver’s eye movement, and is expected to further diffuse in the market. The HUD is embedded in the dashboard behind the steering wheel.

2015 240
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JRC: e-vehicle market in Europe is slowly gaining momentum, but breakthrough is needed

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In 2010, electric vehicles still represented a niche market. Although still small compared to conventional passenger cars, the e-vehicle market share has increased steadily in Europe, with some countries witnessing impressive growth. Market share of M1 EV in Europe between 2010 and 2017. Barriers to mass market uptake.

Europe 255
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3-year, $75.7M eRamp power electronics research project launches at Infineon

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Infineon, a global market leader in power semiconductors, is leading the €55-million (US$75.7-million) The Project eRamp is co-funded by grants from ENIAC Joint Undertaking and from Austria, Germany, the Netherlands, Romania, Slovakia und the UK. Twenty-six research partners from six countries are participating.

Austria 265
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ElringKlinger and Plastic Omnium create fuel cell technology JV

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Assets include more than 150 employees, more than 150 patents, R&D and know-how, its fuel cell components business, and several high power density fuel cell stack platforms already marketed and manufactured at a facility located in Dettingen/Erms (Baden-Württemberg), where the joint venture will also be headquartered.

Fuel 355