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Toyota, 5 Chinese companies establish R&D JV for commercial vehicle fuel cell systems in China

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FCRD's primary business will be the development of fuel cell systems for commercial vehicles to contribute to the realization of a clean mobility society in China. Each company will invest in the joint venture. FCRD is a company that holds tremendous significance for Toyota's global FC strategies.

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Universal Hydrogen announces $20.5M in Series A funding to build and test full-scale hardware for hydrogen commercial aircraft

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The financing allows Universal Hydrogen to accelerate the development of its hydrogen logistics network and regional aircraft conversion kits, and bolsters the company’s burgeoning commercial activities. The company also secured interest from multiple airlines to serve as early customers. Universal Hydrogen modular capsule.

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Electrolyzer company Hystar raises US$26M to scale up to full commercial operations

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Hystar AS, a Norway-based electrolyzer company, announced a Series B funding round of US$26 million to support the scale-up to full commercial operations with an automated GW-capacity production line by 2025. Located in Høvik, Norway, Hystar is building an Innovation Centre to support its R&D and manufacturing capabilities.

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Mangrove Lithium closes $10M Series A to build first commercial-scale processing plant

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The company will use the investment to build its first operational, commercial-scale plant with the intention of expanding lithium refining capacity in the Western Hemisphere. Benchmark Mineral Intelligence forecasts a global supply gap of 4.3 million tons of lithium carbonate and lithium hydroxide by 2040.

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Blue Bird enters commercial vehicle market with flexible Class 5-6 EV chassis

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The company is building on its nearly century-long expertise of school bus manufacturing to expand its zero-emission transportation solutions to the commercial vehicle market. Lightning eMotors drew from its broad EV experience based on nearly 250 zero-emission electric commercial vehicles in operation and more than 1.5

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Volkswagen Commercial Vehicles moves ahead with Autonomous Driving RD; ID. BUZZ the first AV

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Volkswagen Commercial Vehicles, a brand within the Volkswagen Group, is consistently and rapidly advancing the development and implementation of autonomous driving. The planned introduction of autonomous systems for traffic use in 2025 is currently being prepared at Volkswagen Commercial Vehicles.

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Amprius Technologies ships first commercially available 450 Wh/kg, 1150 Wh/L batteries

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the developer of silicon anode Li-ion battery cells with its Si-Nanowire platform ( earlier post ), has shipped the first commercially available 450 Wh/kg, 1100 Wh/L lithium-ion battery cells to an industry leader of a new generation of High-Altitude Pseudo Satellites (HAPS). Amprius Technologies, Inc.,

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