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The company plans to ship a total of 50 XCIENT Fuel Cells to Switzerland this year, with handover to commercial fleet customers starting in September. Fuel cell technology is well-suited to commercial shipping and logistics due to long ranges and short refueling times. Earlier post.)
The number of hydrogen stations deployed globally has surpassed the 1,000-mark, according to a study by Information Trends. China represents roughly one-third of global deployments, but the US lags far behind with less than 100 hydrogen stations.
A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.
Mahindra & Mahindra and REE Automotive signed a memorandum of understanding (MOU) to explore development and manufacturing of electric commercial vehicles for globalmarkets. Production would be scaled further to support additional volume in the global as well as Indian market. OTA updates.
Under the new plan, the company aims to boost annual global BEV sales to 1.87 million units and secure 7% of globalmarket share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. The innovation will be expanded to global plants in the future.
Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. We are running out of time to limit global warming. —Mark Freymueller, Senior Vice President and Head of Commercial Vehicle Business Innovation at Hyundai Motor Company. million km as of 30 April 2022.
Nuvera Fuel Cells, LLC, a provider of fuel cell power solutions for motive applications, announced that its Nuvera E-45 fuel cell system is now commercially available. Nuvera is also working on development of a Chinese fuel cell transit bus platform. —Matt Weig, fuel cell engine product manager.
Diesel is the predominant technology in commercial trucking, school, and transit bus sectors, according to the Diesel Technology Forum’s analysis of data sourced from S&P Global Mobility TIPNet data of vehicles in operation for Class 3-8 as of December 2021. For the largest commercial trucks (Class 8), 62.5%
The company is actively targeting the rapidly growing CNT market, widely used as the material for cathodes in electric vehicle batteries. million)—was completed and has begun commercial operations. The CNT produced at this plant will be supplied to market-leading global electric vehicle battery companies as a conductive additive.
Eighteen months after start of construction of its intelligent satellite production and testing center in Taizhou, China, Geely Technology Group has begun mass production of commercial satellites. Geely’s entry into the commercial satellite business is part of the Group’s transformation into a global mobility technology enterprise.
The fuel cell system’s durability as well as the vehicle’s overall fuel efficiency has been improved to better stay in tune with the demands of commercial fleet customers. With the launch of the enhanced model, Hyundai plans to accelerate the global roll-out of its heavy-duty fuel cell truck.
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. FCRD is a company that holds tremendous significance for Toyota's global FC strategies. Each company will invest in the joint venture.
Pony.ai, a global autonomous driving technology company, announced it is the first autonomous driving (AD) company to obtain a taxi license in China. The announcement reinforces Pony.ai’s progress toward commercial autonomy; with the robotaxi fee-charging permit received in Beijing in November 2021, Pony.ai In May, Pony.ai
Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 Buzz will commence this year at Volkswagen Commercial Vehicles in Hanover. 4’s start-up is on schedule, despite the global challenges during the two-year conversion phase. 4 in Emden. Chattanooga (ID.4)
New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. An increasing number of heavy all-electric trucks are now running in commercial traffic. Statistics from the market analysis group IHS Markit show that during 2021 a total of 346 electric trucks (?16
AW-Energy Oy is entering the commercial hydrogen market by introducing a combined WaveRoller and HydrogenHub process for the production of green hydrogen. Baker McKenzie reports that the low-carbon hydrogen market size could reach $25 billion by 2030. —Christopher Ridgewell.
Toshiba Corporation, Sojitz Corporation, and CBMM have entered into a joint development agreement for the commercialization of next generation lithium-ion batteries using niobium titanium oxide (NTO) as the anode material. One of the major requirements for rechargeable battery development is greater energy density and faster charging.
million seed round to support the commercialization of a new next-generation polymeric hydrogen separation membrane. The funding is led by the venture arm of MANN+HUMMEL (a globalmarket leader in filtration and separations), Energy Revolution Ventures from the UK, Volta.VC Start-up DiviGas has announced a $3.6-million
ZF Group has received several large-scale orders worth several billion euros from North American vehicle manufacturers for its automatic 8-speed PowerLine transmission—including the largest individual commercial-vehicle-related order in company history. In 2023, production will start in Gray Court, South Carolina.
The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a report released by Lux Research. —Lux analyst Chloe Holzinger, one of the report’s lead authors. Medium- and heavy-duty vehicles come in next, growing from $600 million a year in 2019 to a projected $3.6
The Group said it will electrify all new commercial vehicle models—featuring fuel cell electric or battery electric powertrains, as well as the application of fuel cell systems—by 2028. High durability stacks for commercial vehicles will achieve 500,000 kilometers of drive range. Next-generation fuel cell systems.
Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors.
a leading AI company with strong internet foundation, has secured the first permits in China to offer commercial fully driverless robotaxi services to the public on open roads. Baidu, Inc., By the end of March 2022, Baidu has ranked No.1
A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. The car plug-in market will take the largest share (66%) in 2031, followed by smartphone applications. Source: IDTechEx.
Global number of electrified vehicle battery packs shipped in 2027: 30 Million. The study predicts that this growth will be strongest within the commercial segment, with commercial electric vehicle battery pack shipments growing from 1.4 million in 2022 to more than 7 million by 2027. —Research co-author Damla Sat.
PACCAR and Aurora have signed a global, strategic agreement to develop, test and commercialize autonomous Peterbilt and Kenworth trucks. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates.
eFuels company HIF Global ( earlier post ) and Siemens Energy reached an agreement under which Siemens Energy will supply electrolyzers to the HIF Matagorda eFuels Facility. We face a time of incredible expansion in hydrogen production amid global supply chain challenges.
(TME) announced the expansion of their existing partnership with an agreement for a new large-size commercial van, including a battery electric version. Stellantis will supply TME with the new large-size commercial van for sale in Europe under the Toyota brand. —Carlos Tavares, Stellantis CEO.
earlier known as Synthetic Genomics, has signed a joint development agreement with ExxonMobil Research and Engineering Company (EMRE) with the intent to bring Viridos’ low-carbon intensity algae biofuels toward commercial levels. Viridos Inc., The development partnership has continued over the years.
Japan is the next market to follow. Since 2018, the E-Mobility Group has bundled Daimler Trucks & Buses’ global know-how in the field of e-mobility and now defines the strategy for electric components and products across brands and segments. Global electric truck portfolio at Daimler Trucks.
During Ford Capital Markets Day, Hau Thai-Tang, Chief Product Platform and Operations Officer, said that Ford anticipates 40% of Ford’s global vehicle volume will be fully electric by 2030—“ a massive shift from the low single digits today.”. Ford is also developing a different battery cell optimized for commercial vehicles.
Li-Cycle Holdings, the leading lithium-ion battery recycler in North America, and Vines Energy Solutions ( VinES ), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, launched a global recycling partnership.
This is the largest commercially operated grid-connected flexible balancing engine ever to run on a hydrogen fuel blend, representing therefore a world-first achievement. However, today’s global energy industry is not built for the adoption of pure hydrogen as a secure power source.
This will be the world’s first demonstration project in which a large amount of ammonia will be co-fired in a large-scale commercial coal-fired power plant. Yara is one of the world’s largest producers of ammonia, a global leader in ammonia sales and shipping, and actively working to decarbonize the ammonia production process.
million to 53 projects by 51 small businesses and entrepreneurs with phase II funding based on the initial success of their phase I awards, including follow-on awards to support projects closer to market. This project aims to advance the commercial adoption of electric vehicles by improving battery performance. million each.
BorgWarner has just added Rhombus Energy Solutions, a provider of charging solutions in the North American market. Target markets include depots for electric buses and trucks, with a focus on the North American market. Target markets include depots for electric buses and trucks, with a focus on the North American market.
ZF’s Commercial Vehicle Solutions (CVS) division presented its latest eMobility technologies ahead of IAA Transportation 2022. eWorX, ZF’s electrified commercial vehicle Power Take-Off (PTO) system for driving on-board work equipment, has also been presented offering emission-free city and urban operation.
Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 billion, including assumed debt and net of acquired cash.
The agreement with RSB is EVR’s fourth commercial agreement in India signed during the past eight months. Both the RSB Group and EKA Mobility agreements see EVR developing electric motors for Light Commercial Vehicles using its Trapezoidal Stator RFPM (TS-RFPM) topology.
Geespace, a wholly owned subsidiary of Geely Technology Group and China’s first privately owned developer, operator, and mass producer of low-orbit commercial satellites, has successfully launched its first nine satellites into low earth orbit from the Xichang Satellite Launch Center. Rendering of Geely Future Mobility Constellation.
has entered into a strategic partnership with Curbtender , a market leader in Under CDL (vehicles that do not require a Commercial Drivers License) refuse trucks and a pioneer in automated side-loader collection. XL Fleet Corp. Refuse collection trucks travel 25,000 miles annually on average and contribute around 1.4%
Cemvita scientists increased microbe performance by six and a half times the rate needed to produce hydrogen at $1/kg, a key milestone necessary to advance the program toward commercialization. According to recent studies, the global green hydrogen market size was valued at US$0.3 billion in 2020. It is growing at a CAGR of 54.7%
thyssenkrupp Uhde and ADNOC—a diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi—have signed a memorandum of understanding (MoU) to explore a long-term partnership to create new markets for hydrogen and promote global clean energy value chains.
Anadolu Isuzu, Turkey’s leading commercial vehicle manufacturer, and Proterra announced a new collaboration to power the new generation of Anadolu Isuzu’s all-electric Citi VOLT public transportation buses with Proterra’s commercial vehicle battery technology.
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