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Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. The financial community has a critical role to play in supporting sustainable development, including the transition to a low carbon economy.
Groupe Renault is creating the REFACTORY in Flins, the first European circular economy site dedicated to mobility. It will be based on a wide network of partners from all sectors and will revolve around 4 poles of activity, putting into practice the principles of the circular economy at each stage of the vehicle life cycle and mobility.
Volkswagen Group executives laid out the basics of the new Group strategy “NEW AUTO – Mobility for Generations to Come”, which will see the Group realign from being a from vehicle manufacturer to a leading, global software-driven mobility provider. Like the MEB today, the SSP will be open to other auto manufacturers.
of cars on the road globally are electrified, which begs the question: How do we fulfill the promise of EVs to deliver sustainable mobility? That’s why Polestar set itself three climate targets: to become climate neutral company by 2040; to halve emissions per sold car by 2030 compared to 2022; and create a climate neutral car by 2030.
Taiwan-based ProLogium has chosen France as the location for its first large-scale solid-state battery manufacturing facility outside of Taiwan. This major investment project aims to facilitate supply chain localization, R&D activities, and the manufacturing of next-generation batteries in Europe for ProLogium.
The Premier of Québec François Legault, and the Minister of the Environment and the Fight against Climate Change and Minister responsible for the Laval region, Benoit Charette, unveiled the 2030 Green Economy Plan (PEV 2030) and its first 2021-2026 implementation plan, with an envelope of $6.7 billion over five years. A target of 1.5
Preliminary data in EPA’s 2020 Automotive Trends Report shows average fuel economy for model year 2020 light-duty vehicles increased to 25.7 If this preliminary data holds, that will be a new record high for average new light-duty vehicle fuel economy. From 2005–2020 average fuel economy rose by 29%. Fuel economy decreased by 0.2
The US Environmental Protection Agency (EPA) released its annual Automotive Trends Report , which shows that model year (MY) 2021 vehicle fuel economy remained at a record high—but flat with MY 2020 fuel economy—while CO 2 emission levels reached a new record low. Estimated real-world fuel economy and CO 2 emissions.
Polestar, the premium electric performance car brand founded by Volvo Cars and Geely Holding, has set a goal of creating the first climate-neutral car by 2030. By pushing ourselves to create a completely climate-neutral car, we are forced to reach beyond what is possible today. Offsetting is a cop-out. Polestar 2.
That is why we also support fuel cell technology as well as vehicle and component manufacturers, so as not to miss the boat internationally. We are taking a big step on the way to making our economy climate-neutral. In order to cover all areas of mobility with zero-emission solutions, we need technology openness.
These positives have led to significant investment by carmanufacturers, including Hyundai, Toyota and BMW. Manufacturers will need to make hydrogen vehicles more affordable to become viable for fleets, but increased range and suitability for heavy goods transport will ultimately drive growth and economies of scale.
Octillion will open a local battery factory inside FNM’s facility to lower manufacturing and logistics costs. FNM was founded in 1942 and was the first truck manufacturer in Brazil. Octillion is a Tier 1 supplier of advanced high-density energy storage systems focused on the electrification of passenger cars, trucks and buses.
BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date. —Colin McKerracher, head of advanced transport for BNEF.
The system improves the economy and performance of the electric powertrain, while maintaining the smooth and comfortable character of the electric motor. This is how a CVT works for an electric car. As the speed of car (x axis) increases, traction (y axis) decreases. The CVT ensures a smooth, stepless transition.
With its versatile properties, steel is nevertheless one of the key materials for automotive manufacturing and will be no less important for future vehicle concepts and generations. This manufacturing process has significant potential for CO 2 savings, compared to coal-based steel production in a blast furnace.
continued] The post Carlos Ghosn Sees Trouble Ahead For Japanese Auto Manufacturers appeared first on CleanTechnica. Not surprisingly, Ghosn is not feeling all that friendly toward Nissan these days, after it conspired with the Japanese government to throw him in jail. Those sorts.
Behind holoride there is a technology that adapts virtual content to the car’s driving movements in real time: For example, if the car is taking a right turn, the spaceship in the imaginary world will also fly to the right. If the car accelerates, the spaceship speeds up too.
Overall, oil demand from road transport is now set to peak by 2027, according to BNEF’s findings, as electrification spreads to all other areas of road transport beyond passenger cars. The report also suggests that reducing car dependence through public transport, walking, cycling and other measures should be pursued wherever possible.
After several years of development, Bosch is now starting volume production of silicon carbide (SiC) power semiconductors to supply automotive manufacturers worldwide. billion, the SiC car market is expected to account for the majority. Compared with today’s 6-inch wafers, this will deliver sizeable economies of scale.
The 3+-hour presentation focused first on the macro transition to a sustainable economy, supported by some 240 TWh of energy storage. On the car business side, Tesla presenters across multiple domains focused on Tesla’s production innovations and cost-cutting efforts, rather than teasing features about upcoming vehicles.
All carmanufacturers seem to be following in the same footsteps as Tesla. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% in the April report for the Institute for Supply Management’s Manufacturing Index.
Bosch has formed an alliance with Powercell Sweden AB, the Swedish manufacturer of fuel-cell stacks. Bosch will then manufacture this technology under license for the global automotive market. Once they have become established in trucks, Bosch fuel-cell powertrains will then increasingly find their way into passenger cars.
ITZ Chemnitz will focus on the vehicle drive train, the fuel cell system, the fuel cell stack and their individual components of passenger cars, light commercial vehicles and rail vehicles. Hydrogen is the chance to make large parts of mobility and the economy climate-neutral. This we do.
I’m pleased that we’re making progress on this international lighthouse project for the hydrogen economy together with strong international partners from business and politics. The sports carmanufacturer Porsche initiated the demonstration project and will be using the eFuels in its own combustion engine vehicles.
The post GM’s EV Sales Skyrocket And Soon We’ll All Be Driving Mushroom Cars appeared first on CleanTechnica. GM is among the automakers celebrating a great year for EV sales, setting the stage for the Cadillac SOLLEI luxury concept EV featuring parts made with mushroom fiber.
We will work together to overcome strategic, political, and technical barriers, accelerate the production of zero emission vehicles and increase economies of scale, to make the transition faster, lower cost, and easier for everyone. Unilever; Vattenfall; Zenith; Zurich. .; Unilever; Vattenfall; Zenith; Zurich.
Designed as an open vehicle platform, the MEB (Modular Electric Toolkit) allows carmanufacturers to electrify their portfolio quickly and cost-effectively. The MEB platform, which can be used by various brands and manufacturers, already provides the technology base for ten electric models from five brands. Earlier post.).
NHTSA is also setting forth proposed augural standards for MY 2032 passenger cars and light trucks, that would increase at 2% and 4% year over year, respectively, as compared to the prior year’s standards. gallons per 100 miles in MY 2038. The proposal would also drive fuel efficiency improvements for heavy-duty pickup trucks and work vans.
Maverick comes as a standard five-passenger, four-door pickup, with a full-hybrid powertrain and a projected EPA-estimated rating of 40 mpg city fuel economy and 500 miles of range on a single tank of gas. It features an in-house-designed and manufactured electric traction motor.
Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. Bloom’s technologies can be critical in enabling South Korea to execute on its government-mandated Hydrogen Economy Roadmap.
The project partners use blockchain technology to track the emissions of climate-relevant gases as well as the amount of secondary material along the complex supply chains of battery cell manufacturers. With “Ambition2039”, Mercedes-Benz Cars aims for a carbon-neutral new passenger car fleet in less than 20 years.
Audi is using high-precision swarm data for the first time to improve its car-to-X service “local hazard alerts”. The new version uses a car-to-cloud application that is based on a novel procedure for estimating the coefficient of friction on the basis of the wheel slip.
The new manufacturing facility will produce low- and zero-lifecycle carbon footprint gasoline blendstock made from natural gas and renewable natural gas. Nacero Blue will be cost-competitive with traditional gasoline and can reduce the lifecycle carbon footprint of a car or truck’s fuel in half.
The BMW Group is heading up a new project that explores the circular economy in automotive manufacturing. The raw materials obtained from recycling can only be used as part of a circular economy if they also satisfy the high standards of quality the BMW Group expects of materials for premium cars.
Volvo Cars will equip its next-generation cars with Luminar LiDAR and perception technology. Volvo Cars took a stake in Luminar in 2018 ( earlier post ). Soon, your Volvo will be able to drive autonomously on highways when the car determines it is safe to do so. —Henrik Green, chief technology officer at Volvo Cars.
Our ambition is to produce electric vehicles made in Spain from 2025 and, as part of this transformation, Martorell will also manufacture the CUPRA UrbanRebel. It is estimated that this country-wide project will have a positive impact on the Spanish economy of more than €21,000 million. Over the past 30 years, SEAT S.A.
To ensure funding from the new zero-emission-bus fund is used quickly to help provide British bus manufacturers with an injection of orders, the government is calling on consortia of local transport authorities, energy companies, bus operators and manufacturers to come together to work up strong cases for funding.
The EPPA model provides economy-wide coverage of the world, disaggregated into 18 regions, and solves at five-year increments. They assumed mitigation is achieved through global economy-wide carbon pricing after 2030. The model represents households at an aggregate level and generates estimates of LDV fleet composition.
Researchers estimated country level emissions based on a “confinement index” representing the effect of different national policies and estimated impact to six sectors of the economy: electricity and heating (power), surface transport, industry, public buildings and commerce, residential and aviation. megatonnes (5.9 carbon dioxide.
billion miles to be driven by UK cars. Using its scientific expertise and collection of geological specimens, the Museum is collaborating with leading researchers to identify resource and environmental implications of the transition to green energy technologies including electric cars. —Prof Richard Herrington.
The joint venture will accelerate the affordability and availability of green hydrogen through increased technological innovation, research and development, and manufacturing capacity. This joint venture brings together Cummins’ and Sinopec’s innovative spirits and pursuit of a more sustainable tomorrow, enabling a carbon-free economy.
Ongoing technological and manufacturing breakthroughs will drive costs even lower, the company said. The cells use a proprietary low cobalt chemistry and ongoing technological and manufacturing breakthroughs will drive costs even lower.
Grön Fuels worked collaboratively with Topsoe to design the facility to be able to manufacture renewable arctic diesel with an additive-free -40 degrees cloud point.
The new gigafactory increases Northvolt’s pipeline of battery manufacturing capacity under development to more than 170 GWh. Our philosophy is that new energy-intensive industries, such as battery manufacturing, should be established in actual geographical proximity to where the clean energy is produced.
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