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Canada-based AK Motor InternationalCorporation, an automotive intellectual property management company, is launching a new electric vehicle brand: Maple Majestic. Climate Friendly driving does not necessarily mean an SUV, says the company.
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. —Sara Forni, director of clean vehicles at Ceres.
Companies to retain independent corporate structures. The collaboration will be overseen by a new governance model, supported by Geely Holding, the lead shareholder in both companies. Volvo Cars and Geely Auto confirmed the combination of their existing powertrain operations into a new standalone company.
billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” and operate as The Metals Company upon closing. billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” DeepGreen Metals Inc., Earlier post.)
Toyota Motor Corporation has commissioned Yamaha Motor to develop a 5.0-liter In Japan, Toyota and other automotive-related companies are about to begin a collaborative effort to expand the range of fuel options for internal combustion engines. 32, which was completed at the company’s headquarters last year.
Mitsubishi Chemical Corporation, a leading global manufacturer of chemical products, to scope ?the operated as Lucite International).?. International, an industrial park in Teesside, to scope the supply of clean hydrogen to its combined ? Sembcorp Energy UK, owner and operator of utilities and services infrastructure at Wilton
South Korea-based EnerTech International is a leader in delivering lithium-ion cells using state-of-the-art manufacturing facilities to produce high-performance, large format batteries. This production license agreement with EnerTech is the next milestone in Enevate’s technology roadmap that leads to commercialization scheduled for 2022.
Airbus and Munich Airport International signed a Memorandum of Understanding at ILA Berlin Air Show to start marketing turnkey solutions to cities and regions interested in developing advanced air mobility (AAM) ecosystems globally. —Ivonne Kuger, Executive VP Corporate Development MAI.
NYK Line, Toshiba Energy Systems & Solutions Corporation, Kawasaki Heavy Industries Ltd., The companies will target newly constructed domestic vessels in the entire vessel value chain (i.e., Role of each company. Toshiba Energy Systems & Solutions Corporation. ENEOS Corporation. Overview of demonstration project.
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.
NYK Line, Japan Marine United Corporation (JMU), and Nippon Kaiji Kyokai (ClassNK) signed a joint R&D agreement for the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel, in addition to an ammonia floating storage and regasification barge (A-FSRB).
Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. Hyundai fuel cell bus.
HOBI International Inc. As more states adopt measures similar to California, which has implemented a ban on internal combustion engines sold in the state starting in 2030, the EV market will grow exponentially in the coming years. —Rick Rose, Vice President of Retriev Technologies’ Ohio Corporate Headquarters.
Stage 1 Ventures led the round with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its US subsidiary, Mitsubishi Corporation (Americas). Mitsubishi Corporation’s investment in WiTricity reflects an innovative vision for the future of smart cities.
KAMAZ has presented the KAMAZ-6290 hydrogen fuel cell bus at the COMTRANS-2021 international exhibition in Moscow. —CEO of the State Corporation Rostec, Sergey Chemezov. Rostec State Corporation is one of the largest industrial companies in Russia. There is still a lot of work to be done.
Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). In November 2019, the Lodstown Motors acquired the Lordstown Complex, formerly a General Motors Corporation (GM) factory.
Mitsubishi Motors Corporation (MMC) released a first look at the redesigned Mitsubishi Eclipse Cross, the next step in the company’s commitment to delivering a showroom full of new and extensively redesigned vehicles in the United States by the second quarter of 2021.
Xiaomi Corporation, a global leader in the technology and consumer electronics sector, is joining as a strategic investor. Xiaomi Corporation and Xpeng Motors have achieved significant progress through in-depth collaboration in developing technologies connecting smart phones and smart cars. — Lei Jun, CEO of Xiaomi Corporation.
SafeAI, a global leader in autonomous heavy equipment, announced a collaboration with Siemens today to create an autonomous, zero emission heavy vehicle fleet for Obayashi Corporation. In May 2022, the companies began retrofitting the first 45 ton vehicle, which is expected to be ready by the end of 2022.
Hyundai Motor Company is expanding its partnership with the US Department of Energy (DOE) and its support of the DOE Hydrogen and Fuel Cells Program. Menezes announced the expansion of the partnership between Hyundai Motor Company and the US Department of Energy (DOE) for its support of the DOE Hydrogen and Fuel Cells Program.
ExxonMobil operates the Sakhalin-1 project on behalf of an international consortium of Japanese, Indian and Russian companies. In response to the situation in Ukraine, the company is beginning the process to discontinue operations and developing steps to exit the Sakhalin-1 venture. Earlier post.).
Isuzu Motors Limited, DENSO Corporation, Toyota Motor Corporation, Hino Motors, Ltd., The companies will utilize the technologies and know-how each company has accumulated to study the potential of hydrogen engines in heavy-duty commercial vehicles.
Sumitomo Corporation will launch a full-scale project to design and develop an ammonia-fueled dry bulk carrier jointly with Oshima Shipbuilding Co., In 2018, the International Maritime Organization (IMO) adopted a strategy to reduce greenhouse gas (GHG) emissions from international shipping. Speed is to be 14.3
In addition, the project will develop simulation technology to predict the deterioration of all-solid LIB cells and battery packs, and test evaluation methods for durability and safety with international standardization. Partners participating in this project include: Toyota Motor Corporation; Nissan Motor Co., Yamaha Mr. Motor Co.,
Russian Rosatom State Atomic Energy Corporation and the EDF Group signed a strategic cooperation agreement in March 2021 to develop green hydrogen in Russia and Europe. In the context of global decarbonization goals, hydrogen as an energy source is an issue of major importance for international cooperation. million customers, 28.1
Subaru Corporation, Toyota Motor Corporation, Mazda Motor Corporation, and Yamaha Motor Co., Subaru Corporation, Toyota Motor Corporation, Mazda Motor Corporation, and Yamaha Motor Co., Kawasaki Heavy Industries, Ltd., Kawasaki Heavy Industries, Ltd., Continuing to race using hydrogen engines.
Toyo Engineering Corporation/JERA Co., the other by IHI Corporation. November 2017: Powered SAF in JAL flight from Chicago O’Hare International Airport to Narita Airport (A5, Alcohol to Jet Synthetic Paraffinic Kerosene (ATJ-SPK) ). a US company in which it has invested. One SAF was manufactured by Mitsubishi Power, Ltd./Toyo
Addionics, a chemistry-agnostic battery technology company, raised $27 million in a Series A funding round to scale up its efforts to redesign battery architecture with the company’s Smart 3D Electrodes, which improve the cost and performance of batteries with any chemistry—existing or emerging. Earlier post.).
The South Dakota School of Mines & Technology is vying to establish an international center to develop solid-state batteries which will be safer, cheaper, smaller and more efficient than lithium ion batteries. Naval Air Systems Command, Solvay of Belgium, Collins Aerospace, L3Harris Technologies, 3M and Parker-Hannifin Corporation.
The patent-pending technology, developed at PNNL, has been licensed exclusively by Moselle Technologies, a start-up business that is piloting the technology in several US and international locations. In this project, we will work with the New-Zealand-based geothermal company Geo40, which has identified cesium present in its brines.
Enovix Corporation has secured $45 million in new funds to produce and commercialize its 3D Silicon Lithium-ion Battery. Enovix has also signed new agreements with two additional portable electronics companies. The funding sources include a major new strategic investor, current investors (including T.
Toyota Motor Corporation (Toyota) also joined the partnership, with the intention of exploring opportunities such as ground-based transportation. Joby is a California-based company developing an all-electric, five-seat aircraft that can take off and land vertically (eVTOL). Earlier post.)
With the International Maritime Organization announcing a strategy to reduce greenhouse gas (GHG) emissions to zero by the end of this century, marine environmental regulations have been tightened worldwide and the implementation of emission control areas has begun to have an effect on ship operations. Yanmar Holdings Co., Earlier post.)
Daimler announced a trial and development partnership with Israeli cleantech company UBQ Materials to explore the use of UBQ’s climate-positive material in the production of automobile parts. Daimler is also promoting the use of UBQ across its logistics manufacturers to offset carbon footprint throughout the Daimler supply chain.
Lithium Power International Limited has entered into a binding agreement to sell its wholly-owned Australian subsidiary, Western Lithium Ltd (WLI) (100% owner of a number of tenements, including through its subsidiary, CMC Lithium Pty Ltd, in Western Australia) to Albemarle Lithium Pty Ltd (an Australian subsidiary of Albemarle Corporation).
VinFast has received an order from Autonomy—the US’ largest electric vehicle subscription company—for more than 2,500 VF 8 and VF 9 vehicles. This is VinFast’s largest corporate order to date, and one of Autonomy’s largest electric vehicle orders.
Cornish Lithium ( earlier post ), a mineral exploration and development company based in Cornwall, UK, secured an investment package of up to £18 million (US$24 million) from TechMet Limited, a leading technology metals investment company. In Cornwall, lithium is contained within mica minerals (zinnwaldite and lepidolite).
Blue Bird Corporation will offer a factory-certified electric repower program on select gasoline- and propane-powered Blue Bird school buses. The company is collaborating with Lightning eMotors to develop this repower electric vehicle (EV) powertrain system. Blue Bird plans to launch production of its Class 5-6 EV chassis in late 2023.
Hyundai Motor Group will collaborate with the Saudi Arabian Oil Company (Aramco) and King Abdullah University of Science and Technology (KAUST) jointly to research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall carbon dioxide emissions of a vehicle.
Blue Bird Corporation is premiering its next-generation Vision electric school bus at STN Expo West, a student transportation industry and technology event in North America. V2G technology allows EV fleet operators to sell excess energy stored in school bus batteries back to electric power companies at a profit.
With this level of cell energy efficiency—well above International Renewable Energy Agency’s (IRENA) 2050 target and significantly better than existing electrolyzer technologies—hydrogen production cost could be well below US$1.50/kg. 2 and 85 °C of only 1.51 V, equating to 98% energy efficiency, with an energy consumption of 40.4
Pony.ai, a leading autonomous driving technology company, introduced its newly designed sensing platform in collaboration with lidar hardware and software company Luminar Technologies, Inc. raised $400 million from Toyota Motor Corporation to deepen and expand the two companies’ collaboration in mobility services.
Initial operations will begin from October 2020 as ANA plans SAF-fueled flights from both Haneda International airport and Narita International Airport. The delivery of the SAF was made possible through collaboration and close coordination on logistics between Neste and the Japanese trading house Itochu Corporation.
The corporate value chain links companies together, and if a company wants to truly reduce its carbon footprint, that means it must consider not only its own direct greenhouse gas emissions, but also how to reduce the emissions from its upstream and downstream positions.
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