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Delhi Transport Corporation (DTC) signed a definitive agreement with Tata Motors’ fully owned subsidiary, TML CV Mobility Solutions Ltd. for operation of 1,500 electric buses in the city of New Delhi. As part of the agreement, TML CV Mobility Solutions Ltd.
Nidec Corporation announced that its in-wheel motor has been adopted for the first time for ???01(Huan China’s largest manufacturer specialized in two-wheel vehicles, Yadea has more than 50 million users in 80-plus countries around the world. 01(Huan Dian Shou 01), an electric motorcycle released by Yadea Group Holdings Ltd.
Unifrax, a globalmanufacturer of high-performance specialty materials, plans to build its first large-scale SiFAB (silicon fiber anode material) manufacturing line at its north central Indiana facility. SiFAB can be mixed into anode slurry with existing battery manufacturing processes. Source: Unifrax.
Daimler Truck AG and lithium-ion battery manufacturer and developer Contemporary Amperex Technology Co. In 2019, Daimler Truck AG and CATL entered into a global lithium-ion battery cell modules supply agreement for electric series trucks including the Mercedes-Benz eActros, the Freightliner eCascadia and eM2.
Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. Toyota plans to launch 30 models by 2030.
As of 2026, Audi will only launch all-electric models onto the global market, gradually phasing out production of its combustion models by 2033. Based on this clear decision made as part of its Vorsprung 2030 corporate strategy, Audi is now taking steps to prepare its global facilities for the production of all-electric cars.
manufacturer Venator and gas distributor Northern Gas Networks.?. CF Fertilisers, one of the largest global producers of ammonia and ammonia-based fertilizers ?products, Mitsubishi Chemical Corporation, a leading globalmanufacturer of chemical products, to scope ? At the same ?time,
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. Founded in 1995, BYD is a leading NEV (plug-in hybrids and battery-electric vehicles] manufacturer.
Cabot Corporation plans to establish a new technology center in Münster, Germany. In addition, the center will feature advanced testing equipment to provide best-in-class technical application capabilities to serve the battery industry globally.
As a result, EVR’s electric motors, are expected to be supplied to vehicle manufacturers in multiple categories from the second half of 2023. EVR India will manufacture electric motor coils, a patented key component of EVR’s electric motor topology, for the company’s partners in India and globally.
Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America.
LG Chem plans to spin-off its global battery business. LG Chem will seek approval from an extraordinary meeting of stockholders on 30 October and officially launch the spin-off—tentatively named LG Energy Solution—as a new corporation exclusively in charge of the battery business from 1 December.
The Hydrogen Heavy Duty Vehicle Industry Group—comprising Air Liquide, Hyundai, Nel Hydrogen, Nikola Corporation, Shell and Toyota—has signed agreements with Tatsuno Corporation and Transfer Oil S.p.A. to industrialize globally-standard 70 MPa hydrogen heavy-duty vehicle high-flow (H70HF) fueling hardware components.
The rapid increase in vehicle electrification in the automotive industry will have a major impact on global raw material markets. The global lithium demand is expected to more than double by 2023. —Michael Bäcker, Head of Corporate Purchasing e-Mobility at Volkswagen Aktiengesellschaft.
Peter Kyungsuk Pyun for the newly created position of Chief Digital Officer, CDO, as the company ramps up efforts to transform its global facilities into data-centric operations. Before joining LGES, Pyun worked at Nvidia Corporation, Silicon Valley headquarters, as one of five principal data scientists.
Daimler Truck Holding AG, Mitsubishi Fuso Truck and Bus Corporation (MFTBC), Hino Motors Ltd. Hino) and Toyota Motor Corporation concluded a Memorandum of Understanding (MoU) on accelerating the development of advanced technologies and merging MFTBC and Hino.
The business will manufacture batteries for electric vehicles (EVs) and storage applications using resources and supply chains sourced entirely in the US. According to research from the investment bank Cowen, the US is forecast to have around 920GWh of annual battery manufacturing capacity by 2031. Earlier post.)
Global number of electrified vehicle battery packs shipped in 2027: 30 Million. Mass electrification of fleet vehicles is required for meeting corporate decarbonisation goals and will drive investment into electric vehicles from enterprises. million in 2022 to more than 7 million by 2027. million in 2022 to more than 7 million by 2027.
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.
Plug Power, a provider of turnkey hydrogen solutions for the global green hydrogen economy, and Nikola Corporation, a developer of zero-emissions transportation and energy supply and infrastructure solutions, have entered a strategic relationship focused on moving the hydrogen economy forward.
Further to the announcement of its strategic partnership with and investment from SKC on 26 January 2022, Nexeon, a leading battery materials developer and manufacturer has completed the second close of its fundraise resulting in a total investment of US$170 million.
a developer of high-performance functional materials and nanocomposites, signed a definitive agreement to acquire substantially all of the assets and intellectual property, including 67 issued and 22 pending patents, of Optodot Corporation for an aggregate of $48.5 The global market for lithium-ion battery separators was an estimated $5.1
Nikola Corporation, a designer and developer of BEV and FCEV Class 8 trucks is executing a reverse merger with VectoIQ Acquisition Corp. Upon the closing of the transaction, the combined company will be named Nikola Corporation and is expected to remain NASDAQ-listed under the new ticker symbol “NKLA.”. VectoIQ Acquisition Corp.
Kia Motors Corporation plans to expand its partnerships with global mobility companies to meet the needs of a diverse range of customers worldwide. Kia is striving to provide customized products and differentiated mobility services based on its long history in automotive manufacturing. —President Song.
Honda has been offering the Honda e: Business Bike series models and accelerating the global launch of business-use electric motorcycles. Currently, EMs (electric motorcycles) and EBs (electric bicycles) account for more than 90% of industry-wide global electric motorcycle unit sales (approximately 50 million units). Platform strategy.
Nel Hydrogen Electrolyser AS, a division of Nel ASA, has received a purchase order for a 20MW alkaline water electrolyzer from Ovako , a leading European manufacturer of engineering steel. At present, global emissions for the industry are estimated at 1700 kg of CO 2 per tonne of crude steel.
Nikola Corporation and General Motors Co. Nikola will exchange $2 billion in newly issued common stock for the in-kind services and access to General Motors’ global safety-tested and validated parts and components. General Motors is one of the top engineering and manufacturing companies in the world.
Global specialty chemicals and performance materials company Cabot Corporation launched its new ENTERA aerogel particles portfoli o. To meet increased EV demand, battery manufacturers are developing higher performing lithium-ion battery packs with increased range.
Based on the Electric Global Modular Platform (E-GMP), the EV9 delivers a targeted all-electric range of more than 541 km (WLTP). The K5, Sportage, Sorento, and Telluride (excluding HEV and PHEV models) are assembled in the US from US- and globally-sourced parts. and began mass production on 16 November 2009.
Renewable hydrogen systems manufacturer Ways2H Inc. TODA Corporation, the Tokyo Metropolitan Government, TOKYU Construction, CHIYODA Kenko and researchers at Tokyo University of Science. With construction, led by TODA Corporation, now complete, the companies plan to start ramping up operations by mid-2021. Ways2H, Inc.
Hon Hai Technology Group (Foxconn), a global leader in smart manufacturing, signed a Memorandum of Understanding (MoU) with the Indonesian Ministry of Investment/BKPM, IBC, Indika, and Gogoro to develop jointly a battery manufacturing and electric vehicle ecosystem in Indonesia.
United States Steel Corporation and CarbonFree Chemicals Holdings, LLC (CarbonFree) recently signed a non-binding Memorandum of Understanding (MoU) jointly to pursue the capture of CO 2 emissions generated from US Steel’s Gary Works manufacturing plant using CarbonFree’s SkyCycle technology.
Our TVS supercharger technology provides fuel cell manufacturers with a precise amount of controlled air to increase power and efficiency. The innovation will be demonstrated in a laboratory setting and will become a springboard for US advanced manufacturing capabilities and technology leadership. —Karl Sievertsen.
The Group affiliates Hyundai Motor Company, Kia Corporation and Hyundai Mobis each approved the plan at their respective board meetings. The new plant is expected to start manufacturing battery cells in the second half of 2025 with an annual production capacity of 35 GWh, which is sufficient to support the production of 300,000 EVs.
Australia-based Woodside has signed an agreement with Japanese companies JERA Inc, Marubeni Corporation and IHI Corporation to undertake a joint study examining the large-scale export of hydrogen as ammonia for use decarbonizing coal-fired power generation in Japan.
The tire manufacturer and the German Federal Ministry for Economic Cooperation and Development (BMZ) have agreed on a significant expansion of their project to ensure full traceability of the natural rubber supply chain in the Indonesian province of West Kalimantan in Borneo.
In 2021, Next Generation Manufacturing Canada (NGen) launched a call for proposals to support R&D projects for zero-emission vehicle (ZEV) manufacturing, systems, components, and batteries in Canada. The selected projects are: Advanced Manufacturing Process Innovations – Flex-Ion Battery Innovation Center. Lead: Ventra Group Co.;
will open a new facility in Herten, Germany, which will initially focus on the assembly of fuel cell systems for global transportation leader Alstom’s hydrogen trains. The new facility will include space for both manufacturing and research and development, with plans to expand in the future to support fuel cell stack refurbishment.
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. The Eclipse Cross will be the second Mitsubishi PHEV on the market.
Kia Corporation will establish a new manufacturing facility dedicated to producing electric Purpose Built Vehicles (PBVs). The intelligent new production hub for PBVs will be located within Kia’s existing Hwaseong manufacturing site in Korea. —Ho Sung Song, President and CEO of Kia Corporation.
billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. This US-owned and operated manufacturing plant in northern Alabama will be the first of its size in North America. Earlier post.) Of that, $1.6
Ovako, a European manufacturer of steel and one of the largest steel recyclers in the Nordic countries, is inaugurating the hydrogen plant at its Hofors mill. This solution for industrial heating technology holds the potential for substantial global emissions reductions, not limited to the steel industry, the company says. Resources S.
Along with this funding, iM3NY has $230 million of manufacturing assets in place. In the US, iM3NY is part of the supply chain for the Department of Defense and is supporting the electrification of several large US corporations. million is from investments made by Magnis earlier this year. iM3NY product roadmap.
Global automotive Tier 1 manufacturer Motherson Group is collaborating with Israeli cleantech company UBQ Materials. The companies are joining efforts to implement the carbon-negative UBQ thermoplastic ( earlier post ) into auto parts manufactured by Motherson Group for the automotive industry.
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