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BYD will challenge Hyundai and Kia with low-cost EVs launching in South Korea

Baua Electric

BYD officially announced plans to launch in South Korea with its low-cost EVs poised to challenge Hyundai and Kia on their home turf. The Chinese auto giant has been selling commercial vehicles in Korea since 2016, but this will be its first time launching passenger models. The low-cost electric SUV starts at just $30,700 (42.08

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Gevo develops process for low-cost renewable isoprene; building block for rubber and rubber products

Green Car Congress

has developed a proprietary catalytic process that transforms low-cost commercially available, or even waste by-product, renewable alcohols into renewable isoprene that would be expected to compete head-to-head on price with natural and petroleum-based chemical equivalents while reducing CO 2 emissions.

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Zeem launches first commercial electric vehicle Transportation-As-A-Service depot

Green Car Congress

Fleet electrification provider Zeem Solutions has opened its first commercial EV transportation-as-a-service depot in Inglewood, California, near Los Angeles International Airport (LAX). The LA-area depot is the first in a series that Zeem plans to build across the United States to enable medium- and heavy-duty fleet owners to electrify.

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Raven SR & Hyzon Motors to build up to 100 waste-to-hydrogen hubs

Green Car Congress

a global supplier of hydrogen fuel cell-powered commercial vehicles, announced a joint venture to build up to 100 hydrogen hubs across the United States and globally. into locally produced, renewable hydrogen for Hyzon’s fleet of zero-emission commercial vehicles. Raven SR , a renewable fuels company, and Hyzon Motors Inc.,

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Hyundai Motor partners with regional firms to establish H2 fuel cell commercial vehicle ecosystem in China

Green Car Congress

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai believes China has a massive potential for hydrogen powered commercial vehicles. —In Cheol Lee, Executive Vice President and Head of Commercial Vehicle Division at Hyundai Motor.

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USABC awards $2.4M contract to WPI for development of low-cost/fast-charge batteries for EV applications

Green Car Congress

million contract to Worcester Polytechnic Institute (WPI) to lead a program to develop low-cost/fast-charge batteries for electric vehicle (EV) applications. The contract award, which includes a 50% cost share, funds a 36-month project that began earlier this year. —Yan Wang.

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

Green Car Congress

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. — signed a joint venture agreement for the establishment of United Fuel Cell System R&D (Beijing) Co., Each company will invest in the joint venture.

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