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SAE International has published the first global standard that specifies, in a single document, both the electric vehicle and supply equipment (EVSE) ground-system requirements for wireless charging of electric vehicles (EV). of Energy (DoE), the U.S. Food & Drug Administration (FDA), automotive OEMs, Tier 1 suppliers, and many others.
Solid-oxide fuel-cell manufacturer Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, have signed a joint development agreement (JDA) to design and to develop fuel cell-powered ships. The two companies will work together to realize their vision of clean power for ships and a more sustainable marine shipping industry.
Gemilang International Limited (GML) will deliver 140 units of fully-electric school buses to California in 2022. The Hong-Kong-listed company said it has been supplying electric buses to the US since 2016. Based in Johor, Malaysia, GML has designed and manufactured coaches and assembled buses for more than 30 years.
Infinium, an electrofuels solution provider, announced the close of a funding round bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries (MHI), AP Ventures, Neuman & Esser, and the Grantham Environmental Trust.
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. Alliance members recognize that the future is electric.
SK Trading International (SKTI), a wholly owned subsidiary of SK Innovation, has closed a round of institutional funding into electrofuels developer Infinium. Infinium’s technology focuses on production of liquid fuel alternatives for industries that are challenged with decarbonization today, such as long-haul trucking, marine and aviation.
The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., Power Metals Corp is a Canadaian mining company exploring and developing cesium, lithium and tantalum assets in Canada.
Volkswagen, together with Amazon Web Services (AWS) and integration partner Siemens, is opening up the Industrial Cloud ( earlier post ) to other manufacturing and technology companies. This way, a rapidly growing range of industrial software applications for Volkswagen’s plants will be created. At the same time.
CNH Industrial has entered into an exclusive, multi-year licensing agreement for electrification technologies with Monarch Tractor , a US-based AgTech company specializing in fully electric autonomous tractors. The company has secured several hundred working farms as preliminary customers.
Velodyne Lidar has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company, in an all-stock transaction. The addition of Bluecity is expected to be immaterial to operating expenses and cash usage. Bluecity’s executive, software development and sales teams will join Velodyne.
The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. The space industry is one of the world’s fastest growing sectors.
LG Energy Solution will host the LGES Battery Challenge 2022, an international competition to identify start-ups for potential investment and collaboration. Through the program, LGES is bringing together battery start-ups to keep pace with the fast-developing industry, as growing number of economies transition to renewable energy.
The Metals Company (TMC) announced that its Australian subsidiary, The Metals Company Australia Pty Ltd., I’m thrilled that these trusted and independent institutions have agreed to undertake this research, setting a high bar for future work in this industry. —Gerard Barron, Chairman and CEO of The Metals 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. We looked at over 100 companies, many of them in the EV and renewable energy space. DeepGreen Metals Inc., Earlier post.) DeepGreen stands above the rest.
Together, the two companies set out to address common pain points across construction—including unsafe working conditions, labor shortages and rampant inefficiencies—with autonomous solutions. In May 2022, the companies began retrofitting the first 45 ton vehicle, which is expected to be ready by the end of 2022.
Why build an industry around a scale that cuts across established verticals? This question occurred to me on a long flight to Paris, to attend the opening ceremony of the 2025 International Year of Quantum Science and Technology (IYQ), at UNESCO headquarters last month.
Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. This transaction also offers TMC shareholders exposure to a royalty company that I am confident under Brian’s leadership will become a market leader.
Companies to retain independent corporate structures. Following a detailed review of combination options, Volvo Cars and Geely Auto have concluded they can secure new growth opportunities in their respective markets and meet evolving industry challenges through deeper cooperation, while preserving their existing separate corporate structures.
The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. The company is also targeting 50% of all its vehicles in the US and 100% of all its passenger vehicles in Europe to be electric by 2030. million EVs.
Terex Utilities introduced the industry’s first all-electric bucket truck at the Electric Utility Fleet Managers Conference (EUFMC) in Williamsburg, Va. Their feedback will help ensure the trucks become a dependable, preferred work truck, and help Xcel Energy and the industry better prepare for the electric vehicle transition.
development of the Teesside hydrogen cluster and decarbonization of industrial users in the area. operated as Lucite International).?. International, an industrial park in Teesside, to scope the supply of clean hydrogen to its combined ?heat Teesside operations—for hydrogen produced by the project.
Southwest Research Institute (SwRI) has launched a new Joint Industry Program (JIP) to investigate energy storage systems for the grid. SwRI is funding of this JIP through internal research, with the other JIP members providing in-kind support. One of the central questions is how long it takes for a battery to degrade.
Inceptio Technology, an autonomous driving truck technology and operation company ( earlier post ), closed a US$188-million Series B+ equity financing. Co-investors include Chow Tai Fook Enterprises Limited, Cedarlake Capital, supply chain solution & finance provider Wuchan Zhongda Group, and an international equity fund.
This will be the first volume production of fuel cells in Norway and a hub for the Norwegian hydrogen industry. We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry. The company is assessing potential locations.
Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. In 2022, more than 111.9 mtpa active and upcoming capacity combined.
While use cases for battery electric and fuel cell electric powertrains are promising, the pairing of green hydrogen in the proven technology of internal combustion engines provides an important complement to future zero emissions solutions. With Cummins’ significant global manufacturing footprint, the company can quickly scale production.
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. Kawasaki Heavy Industries, Ltd. Overview of demonstration project.
Specifically, ProLogium’s objective is threefold: To put down roots in Europe; To mass-produce next-generation batteries for EVs; and To support the energy transition of the EU automotive industry, as ICE car sales will be banned by 2035.
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. At the same time, ‘Motor’ is in our company name and we accordingly have a strong passion for and level of commitment to the internal combustion engine.
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.
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.
The BMW Group is using Blockchain technology in purchasing to ensure the traceability of components and raw materials in multi-stage international supply chains. The automotive industry’sinternational supply chains are highly complex. Within MOBI, the company heads a working group on supply chain issues.
magniX, a company developing electric propulsion systems for aircraft, and AeroTEC, a leading independent company focused on aerospace testing, engineering and certification, announced the successful flight of an all-electric Cessna Grand Caravan 208B.
KAMAZ has presented the KAMAZ-6290 hydrogen fuel cell bus at the COMTRANS-2021 international exhibition in Moscow. Rostec State Corporation is one of the largest industrialcompanies in Russia. It unites more than 800 scientific and industrial organizations in 60 regions of the country.
In 2021 the company took orders, including letters of intent to buy, for more than 1,100 electric trucks worldwide. The international trucking industry is undergoing a transformation towards more sustainable transport as sales of heavy battery electric trucks are starting to pick up, with Europe in the lead.
Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Benchmark’s analysis shows that the expansion of the global lithium industry will need $51 billion of investment. Cathodes and anodes.
Insitu, a wholly-owned subsidiary of The Boeing Company, announced new details about its latest efforts to advance hydrogen fuel-cell propulsion for Unmanned Aerial Vehicles (UAVs). The 3-D-printed LH2 tank is an industry first, and is expected to support 10+ hours of endurance for ScanEagle3. ScanEagle3.
In conjunction with Samsung Heavy Industries (SHI), the companies’ initial design for an engineless, fuel-cell-powered liquefied natural gas (LNG) carrier has received Approval in Principle (AiP) from DNV, a premier international maritime classification society.
Italy-based Snam, a global energy infrastructure company, and RINA, a global testing, inspection, certification and engineering consultancy services firm, have signed a Memorandum of Understanding to collaborate in the hydrogen sector, in order to realize the significant potential of hydrogen as a fundamental energy carrier.
As companies across many industries look to reduce their environmental impact, GM is uniquely positioned to serve as a leader not only through exciting new EVs across our brands, but through additional technology applications, and we look forward to bringing customers—existing and new—along with us on our zero-emissions journey.
In particular, the EDF and Rosatom agreement aims to develop initiatives in the sectors of mobility and industrial complex decarbonization, and anticipates research and development cooperation on new CO 2 -neutral hydrogen technologies. Hydrogen energy is one of Rosatom’s R&D priorities. million customers, 28.1
a developer of energy-dense ammonia power solutions ( earlier post ), and Amon Maritime, an ammonia-powered shipping and technology company, signed a memorandum of understanding (MOU) to advance carbon-free, ammonia power solutions for the global shipping industry. Amogy Inc.,
British Airways will power future flights with sustainable aviation fuel produced from sustainably-sourced ethanol, as part of a new partnership with sustainable jet fuel company LanzaJet. British Airways’ parent company, International Airlines Group, will be investing US$400 million in sustainable aviation fuel over the next 20 years.
Porsche and Siemens Energy have joined forces with a number of internationalcompanies to build an industrial plant for the production of nearly CO?-neutral The necessary environmental permits have now been obtained by the Chilean project company Highly Innovative Fuels (HIF). neutral fuel (eFuel) in Punta Arenas, Chile.
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