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According to the Afghanistan Ministry of Mines and Petroleum, China-based Gochin Companycompany seeks to invest US$10 billion in Afghanistan’s lithium mining sector.
Australian express freight company, Team Global Express, has placed an order for 36 Volvo FL Electric trucks. This is Volvo’s largest electric truck order to date in Australia. The trucks will hit the streets of Sydney during the first quarter of 2023.
DG Fuels, LLC (DGF), a developer of sustainable aviation fuel (SAF) facilities ( earlier post ), announced the successful closing of investment transactions with two Japanese companies. With the investments in DGF made by aviner & co., Chishima Real Estate Co.,
Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years. The analysis was prepared for Ceres by M.J.
Concurrent with the closing of the round, Till Reuter, former CEO of KUKA, and David Fuller, former CTO of KUKA and current CEO of Artificial, will join the company as independent board directors. Supply chain efficiency and resiliency are top of mind for many companies today.
The Metals Company (TMC), an explorer of lower-impact battery metals from seafloor polymetallic nodules ( earlier post ), announced that the International Seabed Authority (ISA) has completed its review of the Environmental Impact Statement (EIS) and Environmental Monitoring and Management Plan (EMMP) submitted by TMC subsidiary Nauru Ocean Resources (..)
SK Trading International (SKTI), a wholly owned subsidiary of SK Innovation, has closed a round of institutional funding into electrofuels developer Infinium. Earlier post.) The investment will support acceleration of Infinium’s commercial developments globally.
The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).
CARIAD, the Volkswagen Group’s software company, has selected BlackBerry QNX technology as one component of its software platform VW.OS. Announced as part of Volkswagen Group’s NEW AUTO strategy, CARIAD is developing a unified software platform that consists of VW.OS, the Volkswagen Cloud VW.AC
Austrian bus company Österreichische Postbus AG (ÖBB Postbus) has signed another framework agreement with Solaris for the delivery of up to 106 battery-electric and hydrogen buses that would be deployed throughout Austria. ÖBB Postbus is the largest bus company in Austria and a leader in regional public bus transport.
NYK Line has invested in Japan-based Sustainable Energy Co. which has developed its own integrated subcritical-water organic-waste power-generation system (ISOP) system, which decomposes organic substances using subcritical-water-treating technology and ultimately produces green energy products such as biofuels.
Sacrilege Motors, a bespoke performance, restoration and electric-conversion studio, is partnering with UK-based powertrain supplier Fellten , a designer and manufacturer of systems used in converting classic cars into electric vehicles.
The companies will develop and test safety features such as automatic emergency braking, precision docking, and bus yard automation in addition to blind spot detection and pedestrian avoidance. While commonly used in passenger vehicles, many of these features have not been widely deployed thus far on heavy-duty commercial vehicles.
BYD and Uzavtosanoat JSC (UzAuto) signed an agreement to establish a joint venture company producing new energy vehicles (NEVs). The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan.
a company successful in Taiwan, and features a battery that can be replaced at any of the charging stations installed across town. 01(Huan Dian Shou 01) is the first product that the company developed for electric motorcycles, and is installed inside???01(Huan 01(Huan Dian Shou 01)’s rear wheel.
A joint industry partnership to commercialize clean, gold hydrogen, the program’s founding members include synthetic biology company Cemvita Factory (innovator in low-carbon microbial solutions for energy and mining resource extraction, production, and renewal); and Chart Industries, Inc. (a a leader in clean energy solutions).
This will be provided in collaboration with Daimler Buses partner company IVU Traffic Technologies from Berlin. Now the flagship project has matured and been implemented by Daimler Buses in various forms with other companies. The company’s fleet is largely made up of the Mercedes Benz Citaro.
By providing capital—in addition to supplying state-of-the-art battery materials under the JDA—Umicore intends to work with Blue Current to drive market adoption of the company’s silicon elastic composite battery towards mid-decade.
To this end, the company has a project portfolio of 2,400 MW in different regions, mainly in Spain, the United States and Australia. Iberdrola has made a strong commitment to the Australian energy market from 2020 with the acquisition of Infigen Energy, Australia’s leading renewable energy company.
The companies will demonstrate the connected and automation-ready, zero-emission, battery-powered machine at bauma 2022 from 24-30 October at Messe München. The machine, built together with Moog, combines the strengths of both companies, and was finalized within a short period of time.
The sports car manufacturer’s venture capital arm, Porsche Ventures, has held a stake of around 10% in the Croatian company since 2018. It invested in Greyp at the same time that it invested in its sister company, Rimac Automobili. Porsche is acquiring a majority stake in the e-bike manufacturer Greyp Bikes. Greyp e-SUV model.
Honda Motor and GS Yuasa signed a joint venture agreement toward the establishment of a new company. The two companies have been discussing specifics for collaboration on high-capacity, high-output lithium-ion batteries, mainly for EVs. The new company is scheduled to be established and begin operation before the end of 2023.
Development of the industry will be led by the State, through an initial role headed by Codelco (Corporación Nacional del Cobre de Chile)—the state-owned Chilean mining company that is one of the largest copper producers in the world—and Chilean mining and metals company ENAMI (Empresa Nacional de Minería), and that will also involve the (..)
IONETIC , a UK start-up specializing in electric vehicle (EV) battery pack technology, launched its EV battery pack design platform, which the company says can cut the development cost and time for automotive manufacturers bringing a new electric vehicle to market. We’re currently focusing on niche automotive companies in the UK and Europe.
In parallel, the company is starting to contract preferred suppliers for the plants, potential customers for hydrogen and CO 2 , and companies that can provide waste of suitable quantity and quality. A final investment decision is to be made in 2024. The plant is expected to produce 54,000 tonnes of hydrogen per year.
Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. —Mark Freymueller, Senior Vice President and Head of Commercial Vehicle Business Innovation at Hyundai Motor Company. million km as of 30 April 2022.
GM has acquired a 25% ownership stake in Pure Watercraft , a Seattle-based company that specializes in creating all-electric boating solutions. The Pure Outboard system includes a 25kW electric outboard motor with power tilt/trim (112 lbs); one or more 8.85
These OEMs encompass leading companies headquartered in Europe, Asia and the US. StoreDot’s 300 Wh/kg EV form factor pouch cells achieve more than 1,000 consecutive extreme-fast cycles while exclusively guaranteeing auto makers no battery degradation due to extreme fast charging, the company says.
Both companies have set out to prove that hydrogen can safely and efficiently deliver power for civil aero engines and are already planning a second set of tests, with a longer-term ambition to carry out flight tests. Following this, the company will purchase a Dassault Falcon 50, which they expect to have in the skies in early 2024.
Wisk Aero, an Advanced Air Mobility (AAM) company, revealed the first self-flying, all-electric, four-passenger vertical takeoff and landing (eVTOL) air taxi. Wisk is one of the only AAM companies to pursue a self-flying first approach. Wisk is backed by The Boeing Company and Kitty Hawk Corporation.
Although the company once decided to end its production, sales resumed in November 2022 in response to growing demand for such commercial EVs, particularly from logistics companies and local governments that are engaged in sustainable business activities.
The company has also worked with the National Physical Laboratory in the UK objectively to quantify the uncertainties in the measurements of chemical composition. Taking the full-life average tire emissions, that premium falls to the 1,850 times mentioned earlier, the company said. —Emissions Analytics.
The company will produce the enclosures at its Magna Electric Vehicle Structures facility in St. The integration and assembly of all these components into such a large assembly held to millimeter-level tolerances is a challenge, the company noted. Clair, Michigan, where it already produces the battery enclosure for the GMC HUMMER EV.
Faction Technology, a driverless-technology company offering solutions that solve inefficiencies in micro-logistics and vehicles on demand, is bringing driverless delivery to portions of the San Francisco Bay Area. Faction’s first partner is Cocola Bakery, which is using Faction to deliver to its customers around the metro region.
Ten years later, at the CES tech trade show in January, Angus was showing off her dancing moves in a powered exoskeleton from the Canadian company Human in Motion Robotics. The Origin of the XoMotion Exoskeleton Angus, who works as Human in Motions director of lived experience, has been involved with the company and its technology since 2016.
The Goodyear Tire & Rubber Company has released a demonstration tire with 70% sustainable-material content. Company performance indicators have shown the component properties to deliver strong overall tire performance.
The technology company plans to acquire assets of the US chipmaker TSI Semiconductors, based in Roseville, California. With a workforce of 250, the company is a foundry for application-specific integrated circuits, or ASICs. Bosch is expanding its semiconductor business with silicon carbide chips.
Two new 37 tonne DAF CF Electric trucks will transport food and other products from Wentloog rail terminal outside Cardiff to Tesco’s distribution center in Magor, Wales, in partnership with logistics and international freight forwarding company FSEW.
The subsequent field trial was completed in the Permian basin with a partnering company, where the team successfully measured hydrogen concentrations three orders of magnitude above baseline. In a very short time frame, we moved our microbes from the lab to the field. Source: Cemvita. —Charles Nelson, Chief Business Officer of Cemvita.
The executives comments came as BYD and Tesla vie for supremacy in the global EV market, with both companies pushing aggressive innovation to capture consumer demand. She also stated that Beijing is more open to sharing innovations with foreign companies, even if there are rising trade tensions in Europe and the United States.
has acquired the full and sole ownership of the German company resulting from the former joint venture Nikola Iveco Europe, now to be renamed as EVCO (Electric Vehicles COmpany). Iveco Group N.V.
This will include both Chevron’s company-owned stations as well as its independently owned retailer and marketer stations. FreeWire offers unique solutions to traditional fuelers, including supermajors such as bp and Phillips66, who have already tapped the California-based company to help advance their own electric-vehicle-charging plans.
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