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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 industrializeglobally-standard 70 MPa hydrogen heavy-duty vehicle high-flow (H70HF) fueling hardware components.
General Motors will invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ ( earlier post ). The investment will be used to purchase and install related equipment to hand-build the CELESTIQ and campus renovation work has already begun.
Our ambition is to build an advanced innovation center combined with a giga factory, meaning that we will produce fuel cells with a capacity of 1200 megawatts, or 1.2 This will be the first volume production of fuel cells in Norway and a hub for the Norwegian hydrogen industry. gigawatt, per year.
Canada has released a list of 31 minerals considered critical for the sustainable economic success of Canada and its allies—minerals that can be produced in Canada, are essential to domestic industry and security and have the potential to support secure and resilient supply chains to meet global demand. —Seamus O’Regan Jr.
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 proven industrial-scale processes eliminate supply chain concerns over mass adoption. Source: Unifrax.
A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories.
The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6
The partnership will bolster the professional societies’ shared interest in supporting industry in the adoption of hydrogen as an energy carrier for industrial and commercial applications that will form a vital part of the road to net zero greenhouse gas emissions. The letter of intent was signed on 10 May 2023, by Billy B.
Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). AME remains the majority shareholder of HIF Global LLC.
Global Power Synergy PLC (GPSC) is building a battery manufacturing facility in Thailand using 24M’s novel SemiSolid lithium-ion technology ( earlier post ). In the long run, it will consider building a new commercial plant in another location. GPSC is the main power and utility company of PTT Group. Earlier post.)
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.
Australia-based Lynas Rare Earths Limited entered into an agreement with the US Government to build a commercial Light Rare Earths separation plant in the United States, through a wholly owned subsidiary, Lynas USA LLC. The Texas plant will ensure the US has a secure domestic source of high quality separated Rare Earth materials.
This relationship builds on a previously signed development agreement between Chart and Nikola to work together to develop innovative solutions for the hydrogen electric vehicle market. This purchase also includes the most recent design of Chart’s liquid hydrogen transport trailers, building upon over 57 years of hydrogen trailer experience.
The worldwide semiconductor industry is projected to invest more than $500 billion in 84 volume chipmaking facilities starting construction from 2021 to 2023, with segments including automotive and high-performance computing (HPC) fueling the spending increases, SEMI announced in its latest quarterly World Fab Forecast report.
Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said.
These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. Of course, this logic is correct only from a global planner’s point of view, where the planner puts equal weights across individuals.
Northvolt and Stora Enso recently signed a letter of intent on a purchase of the Kvarnsveden Mill and the surrounding industrial area in Borlänge, Sweden. With its access to energy, industrial water and the broad production know-how in the region, Kvarnsveden is an optimal site for a gigafactory.
The heart of GM’s strategy is a modular propulsion system and a highly flexible, third-generation global EV platform powered by proprietary Ultium batteries. GM’s ability to stack batteries vertically is unique in the industry and it allows for a flat cabin floor and more interior room than comparable EVs that use cylindrical battery packs.
For Umicore this investment represents the final step in establishing a global production presence with battery material value chains that are regionally fully integrated to support its customers in their fast transformation towards sustainable electric mobility.
The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.
The technology has been vetted and validated, technically and financially, by leading global institutions including the US Export-Import Bank, Barclays and Deutsche Bank, and Shell New Energies’ gasification experts. Waste is a global problem, clogging waterways, contaminating oceans, packing landfills and polluting skies.
The partnership is part of Europe’s strategic industry initiative, the European Battery Alliance, aimed at building an independent, sustainable, and resilient battery industry in Europe. Over time, production volumes are expected to increase substantially. —CEO of EIT InnoEnergy Germany, Christian Müller.
Ford Motor Company will build two new massive, environmentally and technologically advanced campuses in Tennessee and Kentucky that will produce the next generation of electric F-Series trucks and the batteries to power future electric Ford and Lincoln vehicles. billion BlueOvalSK Battery Park—creating 5,000 jobs. Ford Blue Oval City.
The company will build two plants with a total capacity of 2 GW to produce green hydrogen. Aside from replacing grey hydrogen in industrial processes, green hydrogen will also have a multiplier effect when used in the production of renewable fuels that will replace traditional fossil fuels.
The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. of global emissions. The amount of CO 2 being captured today is 43 million tons, or 0.1%
Foxconn plans to build an EV ecosystem and a complete battery production chain in the southern city as part of its ambition to expand into the EV industry, ranging from the development of EVs to the production of battery packs and cells, and energy storage systems. million (US$50,000) per vehicle.
In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.
developer of an all-electric vertical take-off and landing (eVTOL) jet, has teamed with Collins Aerospace to design, develop and build the Lilium Jet’s inceptors—the sidestick system used by the pilot to control the aircraft. Lilium N.V.,
Rising global demand for electric vehicles and economic energy storage systems has led to projections showing an orders-of-magnitude increase in demand for lithium. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.) EnergyX and Orocobre plan to deploy their pilots in the near future.
HME is the global supplier of secondary eDrives for Volkswagen’s all-wheel drive MEB models with power greater than 185 kW. The system was designed using Magna’s fully integrated, modular and scalable building block approach, resulting in a cost-efficient and highly advanced product that meets the various demands for global application.
Hyliion, a developer of electrified powertrain solutions for Class 8 semi-trucks, has formed the Hypertruck Innovation Council, a group of fleet, logistics, and transportation industry leaders that will actively support the development of Hyliion’s Hypertruck powertrain solution.
An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.
Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet technology. Tesla and will address a wide range of applications from audio speakers, magnetic sensors and consumer appliances to industrial motors and automotive accessory motors.
The report, Opportunities for hydrogen in commercial aviation , which had technical input and funding from The Boeing Company, finds that growing hydrogen industry momentum could provide an opportunity to introduce hydrogen for niche airport applications (such as ground support equipment) as early as 2025. —Dr Marshall.
Redwood Materials will build its next Battery Materials Campus just outside of Charleston, South Carolina. Currently, anode and cathode components are not produced in North America, and battery cell manufacturers have to source them via a 50,000+ mile global supply chain. billion in the local community.
As part of the agreement, Foxconn will be a tier-one manufacturer, producing electronic control units (ECUs) based on NVIDIA DRIVE Orin for the global automotive market. In addition, by building EVs on the DRIVE Hyperion qualified sensor set, Foxconn will speed up its time-to-market and time-to- cost strategies.
million to build a hydrogen development and test facility at its Shoreham Technical Centre in the UK. It will significantly increase the range of hydrogen and fuel cell services and solutions which can be delivered to Ricardo’s global customers. —Steve Dyke, Managing Director of Ricardo Automotive and Industrial.
Hyundai Heavy Industries (HHI) Group became the world’s first shipyard to construct an LNG-fueled very large container ship (VLCS). To date, HHI Group has won orders to build a total of 44 vessels operating on LNG, including bulk carriers, tankers and container ships, earning the leading spot in global shipbuilding orders.
the leading global provider of auxiliary wind propulsion systems, announced the installation of five tilting Rotor Sails ( earlier post ) on board a new-build Very Large Ore Carrier (VLOC) chartered by Vale, the Brazilian mining company. Norsepower Oy Ltd.,
The FLXdrive battery-electric locomotive is a defining moment for freight rail and will accelerate the industry toward low- to zero-emission locomotives. It builds upon the rail industry’s position as the most efficient and sustainable mode of transportation. —Eric Gebhardt, Wabtec Chief Technology Officer.
Demand is expected to initially build on the decarbonization of existing industrial uses of hydrogen (95 MtH 2 eq), most notably for fertilizer production. Decarbonizing current and developing new end-uses, it can abate up to 85 GtCO 2 eq in cumulative emissions by 2050, more than twice global CO 2 emissions in 2021.
Aeva , a company building next-generation sensing for autonomous vehicles ( earlier post ), and ZF are partnering to bring the first Frequency Modulated Continuous Wave (FMCW) LiDAR to market for autonomous driving applications. Earlier post.). —Soroush Salehian, Co-Founder of Aeva.
Global technology and power solutions leader Cummins Inc. Here we are seeing how green hydrogen can improve sustainability for industrial manufacturing and how the demand for decarbonized hydrogen solutions will grow. The Cummins electrolyzer system is installed at the Air Liquide hydrogen production facility in Bécancour, Québec.
This trend is being driven by what Gelsinger called “the digitization of everything” and four superpowers—ubiquitous compute, pervasive connectivity, cloud-to-edge infrastructure, and AI—that are permeating the automotive and mobility industries. He also detailed elements of the company’s previously announced IDM 2.0
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