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Canada-based AK Motor International Corporation, an automotive intellectual property management company, is launching a new electric vehicle brand: Maple Majestic. Arising from AK Motor’s project CANU (Canadian Automotive New Utilities), Maple Majestic is intended to excel in difficult environments.
Nidec Corporation announced that its in-wheel motor has been adopted for the first time for ???01(Huan a company successful in Taiwan, and features a battery that can be replaced at any of the charging stations installed across town. Nidec’s in-wheel motor for electric motorcycles (maximum output: 48V/2.8kW) adopted for???01(Huan
Hyundai MotorCompany and Yeosu Gwangyang Port Corporation are partnering to commercialize hydrogen fuel-cell trucks. Yeosu Gwangyang Port Corporation will provide a site (about 2,000 m 2 ) for the construction of the hydrogen refueling station by 2022.
Toshiba Corporation has developed a new magnetic material with characteristics that deliver major improvements in motor efficiency at minimum cost, and with the potential to win significant reductions in power consumption. Motors account for approximately half of the world’s electric power consumption. pt across all motors.).
The company will start with an allocation of production that is distributed between itself and several Tier One sub-contractors in order to expedite the manufacturing ramp rate and delivery of motors to early customers. Linear Labs is expecting to manufacture and deliver at least 100,000 M200 motors by the end of 2021.
Hyundai MotorCompany will begin a test operation of its RoboShuttle service on 9 August in South Korea. Ahead of the test launch, the company signed a Memorandum of Understanding (MOU) with the Sejong City Transportation Corporation on 12 July to facilitate a smooth operation of the pilot program.
Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) has developed a prototype superconducting motor to meet the needs of the mobility sector. Toshiba ESS says that this superconducting motor with these features is the first of its kind. Toshiba ESS is aiming to commercialize this technology by the late 2020s.
Aisin Corporation is developing an ultrahigh-efficiency motor using NANOMET jointly with Tohoku Magnet Institute (TMI), in which Aisin invested in June last year. TMI’s strengths lie in research and development of optimal compositions for motors and technological development of optimal foil manufacturing.
Hyundai MotorCompany is expanding its partnership with the US Department of Energy (DOE) and its support of the DOE Hydrogen and Fuel Cells Program. Euisun Chung, Executive Vice Chairman of Hyundai Motor Group and Under Secretary of Energy Mark W. Kia Motors Corp. and parts-maker Hyundai Mobis Co.—announced
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.
Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng MotorCorporation (DFM); Guangzhou Automobile Group Co., Each company will invest in the joint venture. FCRD is a company that holds tremendous significance for Toyota's global FC strategies.
Nikola Corporation said that it has developed a new battery that has a record energy density of 1,100 Wh kg -1 on the material level and 500 Wh kg -1 on the production cell level—including casing, terminals and separator—more than double current lithium-ion battery cells. —Trevor Milton, CEO, Nikola MotorCompany.
Lordstown MotorsCorporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). billion transaction provides Lordstown Motors with $675 million of gross proceeds.
Yamaha Motor made an investment in Andes Ag, Inc. , This marks the first investment made through the US$100-million Yamaha Motor Sustainability Fund established in June last year specifically for investing in early stage companies working to address climate change.
Lightning eMotors, a leading provider of commercial electric vehicles for fleets, announced a $45-million order for its zero-emission powertrain systems from Faribault, Minnesota-based motorcoach supplier ABC Companies. The T2145e electric motor coach undergoing final testing in Colorado. —Roman Cornell.
Daimler Truck Holding AG, Mitsubishi Fuso Truck and Bus Corporation (MFTBC), Hino Motors Ltd. Hino) and Toyota MotorCorporation concluded a Memorandum of Understanding (MoU) on accelerating the development of advanced technologies and merging MFTBC and Hino.
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.
Hyundai MotorCompany 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.
Hyzon Motors Inc., a global supplier of hydrogen fuel cell-powered heavy vehicles, signed a strategic collaboration agreement with Sojitz Machinery Corporation of America (SMA) to partner in penetrating new markets and exploring the development of new fuel cell-powered commercial mobility applications.
Toyota MotorCorporation 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. —Yamaha Motor president Yoshihiro Hidaka. Earlier post.).
Hyundai MotorCompany and Kia Corporation are reorganizing their joint research and development (R&D) organization to be able to respond flexibly to the rapidly changing global automotive industry, advance the transition to electrification and accelerate the development of Software Defined Vehicles (SDVs).
BYD Company Ltd. and Toyota MotorCorporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). We hope to further advance and expand both BYD and Toyota from the efforts of the new company with BYD.
Lightning eMotors and ABC Companies, a leading provider of motor coach, transit and specialty passenger transport equipment, announced the sale of the largest battery-electric double-decker motor coach to All Aboard America! Holdings, the fourth-largest motor coach operator in the US.
In Tokyo, Subaru Corporation today unveiled its new battery electric vehicle (BEV) SOLTERRA; SOLTERRA will make its US debut at the LA Auto Show later this month. The vehicle was jointly developed by Toyota and Subaru; Toyota’s version is the bZ4X, which the company unveiled last month in Japan ( Earlier post.)
Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai MotorCompany and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. Hyundai Motor and Kia, along with Hyundai Mobis Co.,
Mobility services company MONET Technologies Inc. has concluded capital and business partnership agreements with Isuzu Motors Limited , Suzuki MotorCorporation, Subaru Corporation, Daihatsu Motor Co., and Mazda MotorCorporation (“Mazda”), respectively. Simultaneously, Hino Motors, Ltd.
Hyundai Motor Group plans to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. The Group affiliates Hyundai MotorCompany, Kia Corporation and Hyundai Mobis each approved the plan at their respective board meetings.
Toyota MotorCompany and Beijing SinoHytec have established a joint venture company to promote the commercial vehicle fuel cell system industry in China. Last year, Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng MotorCorporation (DFM); Guangzhou Automobile Group Co.,
BluE Nexus Corporation, AISIN CORPORATION, and DENSO Corporation jointly developed an eAxle for Toyota’s new battery-electric bZ4X. The eAxle is an electric driving module that integrates a motor, an inverter, and a transaxle. Earlier post.)
Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). and Irvine, Calif.
Tokyo Electric Power Company Holdings, Inc. TEPCO HD) and Toyota MotorCorporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries.
has entered into an agreement with Sion Power Corporation ( earlier post ), a leading developer of high-energy rechargeable battery technology, to design and to supply battery cells based on their proprietary lithium-metal technology for commercial vehicle applications. Cummins Inc.
Toyota MotorCorporation has developed the world’s first neodymium-reduced, heat-resistant magnet. Neodymium (Nd) magnets are used in various types of motors such as the high-output motors found in electrified vehicles. Source: Toyota. Background. Source: Toyota. Future Efforts.
United States Steel Corporation announced that its new electrical steel product, InduX, will begin production at its Big River Steel facility in the summer of 2023 with the commissioning of its new non-grain oriented (NGO) electrical steel line. Earlier post.)
Israel-based EVR Motors has signed an agreement with RSB Group, one of India’s Tier-1 automotive suppliers. Each of the partners is in various phases of setting up production lines to provide electric motors based on EVR’s proprietary electric motor topology.
will expand and improve its operations into a holding company and two operating companies. The holding company will be Woven Planet Holdings, Inc. and the two operating companies under it will be Woven CORE, Inc., The holding company will be Woven Planet Holdings, Inc.
ENEOS Corporation, Suzuki MotorCorporation, Subaru Corporation, Daihatsu Motor Co. Toyota MotorCorporation , and Toyota Tsusho Corporation established the Research Association of Biomass Innovation for Next Generation Automobile Fuels (Research Association) to study ways to optimize the process of producing fuel.
DeepDrive has developed a cost- and resource-efficient dual-rotor motor, extending the range of electric vehicles. Other investors include UVC Partners, Bayern Kapital with Wachstumsfonds Bayern, and Continental’s Corporate Venture Capital Unit. The company is also backed by automotive industry veteran Dr. Peter Mertens.
The round includes investment from new investors Korea Investment Partners, KB Investment, and the state-run Korea Development Bank (KDB), as well as from existing investors Naver’s D2 Startup Factory, Hyundai Motor Group’s ZERO1NE, Kakao Ventures, and Atinum Investment, bringing MORAI’s total funding to date to US$25 million.
Hyundai Motor Group has launched MoceanLab, a mobility service venture, as part of the Group’s larger initiative to create a sustainable, connected future. After a comprehensive thorough review, Hyundai Motor Group identified Los Angeles as the city to launch the MoceanLab. Left: Hyundai MotorCompany, EVP KyoungLim Yun.
Hino Motors Co., a subsidiary of Toyota MotorCorporation, and REE Automotive Ltd. The companies will first work to develop hardware prototypes by FY 2022, while evaluating business models, engaging potential customers, and conducting demonstrations in parallel. —Hino CEO Yoshio Shimo.
A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” The report was developed with input from 19 companies and organizations: Air Liquide; American Honda Motor Co., Inc; Audi; Chevron; Cummins Inc.;
Hyundai MotorCompany released images of its newly upgraded XCIENT Fuel Cell, the world’s first mass-produced, heavy-duty truck powered by hydrogen. The 350-kW e-motor with maximum torque of 2,237 N·m further enables dynamic driving performance. The upgraded heavy-duty XCIENT features design and performance updates.
East Japan Railway Company (JR East), Hitachi, Ltd., and Toyota MotorCorporation have entered into an agreement to collaborate on development of test railway vehicles equipped with hybrid systems that use hydrogen powered fuel cells and storage batteries as their source of electricity. Range will be approximately 140 km.
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