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XL Fleet and Pivotal Investment Corporation II, a publicly traded special purpose acquisition company (SPAC), have recently entered into a definitive merger agreement. Fleet electrification as a whole is still in the early stages of development, and there is tremendous untapped opportunity in the years and decades ahead.
To support the development of the new site, Intel pledged an additional $100 million toward partnerships with educational institutions to build a pipeline of talent and bolster research programs in the region. Credit: Intel Corporation). Construction is expected to begin in late 2022, with production coming online at the end of 2025.
Unifrax, a global manufacturer of high-performance specialty materials, plans to build its first large-scale SiFAB (silicon fiber anode material) manufacturing line at its north central Indiana facility. The Indiana plant will be the first to begin building SiFAB long-term manufacturing capacity.
At CES, Toyota revealed plans to build a prototype “city” of the future on a 175-acre (0.71 Building a complete city from the ground up, even on a small scale like this, is a unique opportunity to develop future technologies, including a digital operating system for the city’s infrastructure. km 2 ) site at the base of Mt.
Sumitomo Corporation of Americas (SCOA), the largest subsidiary of Sumitomo Corporation, one of the world’s largest traders of goods and services, has invested in OneH2, a hydrogen fuel company headquartered in Longview, North Carolina.
Statevolt , a battery startup seeking to build hyperlocal gigafactories, has acquired a 135-acre site in Imperial Valley, California, as the location for its 54 GWh Gigafactory. Earlier post.)
is evaluating Geismar, LA as the site to build the world’s largest clean ammonia facility. Building on the company’s expertise in low-carbon ammonia production, clean ammonia will be manufactured using innovative technology to achieve at least a 90% reduction in CO 2 emissions. Canada-based Nutrien Ltd. Source: Nutrien.
billion) to build hydrogen-producing facilities by 2030. Korea Gas Corp. KOGAS), the state-run natural gas supplier and a major global importer of LNG, plans to spend 4.7 trillion won (US$4.01 Under the plan, KOGAS will construct 25 hydrogen-producing facilities and pipelines totaling 700 kilometers to transport the gas.
With the goal of making hydrogen just as common a fuel source as petroleum and natural gas, Kawasaki joined together in 2016 with Iwatani Corporation (Iwatani), Shell Japan Limited, and Electric Power Development Co., J-POWER) to form the CO 2 -free Hydrogen Energy Supply-chain Technology Research Association (HySTRA).
million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.
The granted support concerns the creation of favorable conditions for the implementation of the planned investment by providing FCA with the possibility of taking advantage of tax reliefs in the field of corporate income tax (CIT). million m² is allocated to production halls and service buildings. It covers an area of 2.4
In May 2022, Stellantis and Samsung SDI announced their commitment to build a first battery manufacturing facility in Kokomo, Indiana. Stellantis is on track to become a carbon net zero corporation by 2038, all scopes included, with single-digit percentage compensation of remaining emissions. Earlier post.)
Fukushima Prefecture and Toyota Motor Corporation have commenced discussions with various partners over building a city for a new future that makes use of hydrogen and technologies produced in Fukushima Prefecture. DENSO FUKUSHIMA CORPORATION. NEMOTO Corporation. Isuzu Motors Limited. SATONENRYO CO., Hino Motors, Ltd.
Nikola Corporation announced the product launch of the Nikola Badger electric pickup truck with an estimated range of 600 miles. Nikola has billions worth of technology in our semi-truck program, so why not build it into a pickup truck? —Trevor Milton, CEO, Nikola Corporation. Towing capacity of more than 8,000 pounds.
TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries. Tokyo Electric Power Company Holdings, Inc.
Nidec Corporation will build a flagship factory to produce its E-Axle traction motor system in the city of Pinghu, Zhejiang Province in China. The new factory to be built will be Nidec’s fifth traction motor-related production site, and the fourth E-Axle assembly plant, in China.
Cabot Corporation plans to establish a new technology center in Münster, Germany. Cabot has commercial sales with the top global battery producers and these innovations have further enabled Cabot to build strong partnerships with battery producers.
To materialize large volume of imports, it is important to build supply chains from import terminals to demand locations, and to put priority on identifying challenges and find its solutions. Iwatani Corporation, Chubu Electric Power Co., Iwatani Corporation, Chubu Electric Power Co., Toho Gas Co., Air Liquide Japan G.K.,
Toyota Motor Corporation announced a limited launch of the C+pod ultra-compact battery electric vehicle (BEV) to corporate users, local governments and other organizations that have been exploring new options to drive the popularization of BEVs. and TEPCO Energy Partner, Inc.
NTT DATA Corporation and DENSO Corporation have started to build an industry-wide ecosystem for electric vehicle (EV) batteries to create a global trusted dataspaces where only necessary data can be shared, while also protecting private data.
Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) announced that its hydrogen-based autonomous energy supply system H2One, which Toshiba ESS delivered and installed on the rooftop of Toranomon Hills Business Tower (Minato-ku, Tokyo), has started full-scale operation with the opening of commercial facilities.
School bus manufacturer Blue Bird Corporation unveiled a Class 5-6 electric vehicle platform at the 2022 Advanced Clean Transportation (ACT) Expo. 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.
Toyota Motor Corporation has commissioned Yamaha Motor to develop a 5.0-liter Teaming up with companies with different corporate cultures and areas of expertise as well as growing the number of partners we have is how we want to lead the way into the future. liter V8 engine for automobiles that is fueled entirely by hydrogen.
The Hydrogen Heavy Duty Vehicle Industry Group—comprising Air Liquide, Hyundai, Nel Hydrogen, Nikola Corporation, Shell and Toyota—has signed agreements with Tatsuno Corporation and Transfer Oil S.p.A. to industrialize globally-standard 70 MPa hydrogen heavy-duty vehicle high-flow (H70HF) fueling hardware components.
Hanwha Group and LG Energy Solution (LGES) will invest in building battery production facilities in the United States. The MOU was signed by LGES and three subsidiaries under Hanwha Group—Hanwha Solutions, owner of clean energy manufacturer Qcells, Hanwha Corporation/Momentum and Hanwha Aerospace.
Initial OHI industry stakeholders now include EQT, National Grid, Shell, ExxonMobil, Dominion Energy, LanzaTech, Equinor, BlackHills Corporation, Nicor Gas, NYSEG, Oklahoma Natural Gas, Duke Energy, DTE, and Southwest Gas Corporation.
Chevron USA, a subsidiary of Chevron Corporation, and Iwatani Corporation of America (ICA), a wholly owned subsidiary company of Iwatani Corporation will co-develop and construct 30 hydrogen fueling sites in California by 2026.
Toshiba Corporation intends to split itself into three standalone companies: Infrastructure Service Co. consisting of Toshiba’s Energy Systems & Solutions, Infrastructure Systems & Solutions, Building Solutions, Digital Solutions and Battery businesses; Device Co. Official names for the first two will be announced in due course.
Nikola Corporation, a designer and developer of BEV and FCEV Class 8 trucks is executing a reverse merger with VectoIQ Acquisition Corp. Upon the closing of the transaction, the combined company will be named Nikola Corporation and is expected to remain NASDAQ-listed under the new ticker symbol “NKLA.”. VectoIQ Acquisition Corp.
The proceeds of ABB’s investment into KEY, led by ABB Technology Ventures (ATV), will be used to advance HOI’s intellectual property development, build up corporate capabilities for increased business activity and introduce automated manufacturing and robotics.
Japan’s auto industry must succeed in building passenger vehicles. —Kiichiro Toyoda, Founder of Toyota Motor Corporation (March, 1952). —Akio Toyoda, President of Toyota Motor Corporation. With competition comes progress, as well as excitement among motoring fans.
JFE Steel Corporation, Itochu Corporation and Emirates Steel Arkan, the largest steel company in the United Arab Emirates (UAE), will conduct joint detailed feasibility studies on the establishment of a supply chain of ferrous raw material for green ironmaking with low-carbon emission at the project site in Abu Dhabi.
Daimler Truck Holding AG, Mitsubishi Fuso Truck and Bus Corporation (MFTBC), Hino Motors Ltd. Hino) and Toyota Motor Corporation concluded a Memorandum of Understanding (MoU) on accelerating the development of advanced technologies and merging MFTBC and Hino.
Sakuú Corporation, an additive manufacturing technology company, announced the start of its solid-state battery ( earlier post ) pilot line and learning center. Relevant and Honeywell will provide engineering, process design, systems integration, and process manufacturing expertise to efficiently build the factory.
Crowley Maritime Corporation will build and operate eWolf, the first all-electric powered harbor tugboat. The 82-foot vessel with 70 tons of bollard pull advances Crowley and the maritime industry’s efforts toward sustainability and decarbonization.
The Daimler Truck business will have fully independent management, stand-alone corporate governance including an independent Chairman of the Supervisory Board, and is targeted to qualify as a DAX company. Daimler intends that a significant majority stake in Daimler Truck will be distributed to Daimler shareholders.
It builds upon the rail industry’s position as the most efficient and sustainable mode of transportation. Building on our long history of pioneering train energy management technologies, this demonstration of coupling 2.4
The Imperium3 consortium, which is building the New York-based gigafactory, consists of Magnis Energy, Charge CCCV LLC (C4V), and Boston Energy and Innovation (BEI). In the US, iM3NY is part of the supply chain for the Department of Defense and is supporting the electrification of several large US corporations. iM3NY product roadmap.
Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). In November 2019, the Lodstown Motors acquired the Lordstown Complex, formerly a General Motors Corporation (GM) factory.
The Road Map stresses the versatility of hydrogen as an enabler of the renewable energy system; an energy vector that can be transported and stored; and a fuel for the transportation sector, heating of buildings and providing heat and feedstock to industry. Inc; Audi; Chevron; Cummins Inc.; Toyota; and Xcel Energy. —Morry Markowitz.
Empire State Development (ESD) announced that Canada-based Li-Cycle Corporation will establish its first US-based Li-ion battery recycling facility in New York State. The company will initially occupy 57,000 square feet of a preexisting process building and is considering additional phases for the project in the coming years.
Building on his leadership experience at General Motors and Nikola Corporation, Lie will oversee the development of future Volkswagen vehicles for the North American market, as well as research and development priorities across North America.
Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, and SK materials, one of the world’s top manufacturers of special gases and industrial gases, are forming a joint venture to build a factory for lithium-silicon battery materials in South Korea.
is planning to build a 3,000 barrels per day (bpd) renewable fuel plant (Refuel YYZ) in Southern Ontario. Fluor Corporation is the contractor for Refuel YYZ and will be providing front end engineering and design (FEED) services, as well as detailed engineering, procurement, and construction management (EPCM) support.
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