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TECO 2030 aims to build hydrogen fuel cell gigafactory in Norway

Green Car Congress

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.

Norway 468
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Zinnov: automotive witnessing highest disruption among all industries; ~$6B invested in start-ups in FY 2015

Green Car Congress

Management consulting firm Zinnov released its latest study conducted on the Automotive R&D Globalization Landscape, presenting a global engineering R&D analysis on the top 60 automotive companies and how are they leveraging the global R&D ecosystems to improve engineering output and efficiency.

2015 150
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New HERE-SBD index identifies EV leaders and laggards in the US and Europe

Green Car Congress

Location data and technology company HERE Technologies, in conjunction with SBD Automotive, a global automotive research firm, published an interactive index that shows the developing state of electric vehicle (EV) demand and infrastructure readiness across the United States and Europe.

Europe 170
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Ford to introduce 7 new electric cars and vans in Europe by 2024; plans for new battery plant

Green Car Congress

The announcement builds on the recent creation of the Ford Model e business unit focused on the design, production, and distribution of electric and connected vehicles ( earlier post ). The acceleration in Europe supports Ford’s goal to sell more than 2 million EVs globally by 2026 and deliver company adjusted EBIT margin of 10%.

Europe 427
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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

Green Car Congress

Driven by Asian markets, global demand for virgin polyolefins is expected to grow above global GDP by 2030. Polyolefins are the largest market segment in the production of plastic goods and remain essential for various industries such as energy, automotive, packaging, construction, and healthcare. Refining & Marketing.

Oil 465
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The Future of Fission Reactors May Be Small

Cars That Think

It’s a really exciting time for the nuclear industry,” says Victor Ibarra Jr. , Instead of building an airport, one analogy goes, crafting an SMR is like building an aircraft. NuScale has plans to build a US plant in Idaho by 2030; the company is involved in the UK , Poland , and Romania as well.

Future 119
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‘Discriminatory’ EV tax credit could bring Mexico-imposed tariffs

Teslarati

The $12,500 electric vehicle tax credit proposed in President Joe Biden’s “Build Back Better” plan is being labeled as “discriminatory” by Mexican Economy Minister Tatiana Clouthier, who said the country is analyzing legal recourse and other actions, including potential tariffs against the United States.