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Qoros Auto contracts with AAM for electric drive technology

Green Car Congress

and Israel Corporation and headquartered in Shanghai ( earlier post ), has awarded AAM (American Axle & Manufacturing, Inc.) Qoros Auto Co., joint venture between Chery Automobile Co., a driveline systems contract for e-AAM technology to be applied on a future model year Qoros vehicle.

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Ampal Signs Option Exercise Agreement to Acquire 25% in Ethanol Project in Colombia

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Israel-based Ampal-American Israel Corporation signed an option exercise agreement with Merhav (M.N.F) The Project encompasses approximately 10,000 hectares of land, and includes both agricultural and industrial sectors.

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Primus Green Energy to produce biojet fuel

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Israel Corp. a US subsidiary of Israel Corporation’s renewable energy unit IC Green Energy Ltd., The final product is 93 octane gasoline, with the energy capabilities and characteristics of regular gasoline for vehicles and industry. unit reports biomass fuel breakthrough Globes. Primus Green Energy Ltd.,

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Seambiotic and Chinese Power Company to Build $10M Commercial Microalgae Farm in China

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Seambiotic , a developer and grower of marine microalgae for the nutraceuticals and biofuel industries using flue gas from electric power plants, has signed a license agreement and a joint venture agreement with Yantai Hairong Electricity Technology Ltd. and Penglai Weiyuan Science & Trading Ltd.,

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Samsung invests in graphene manufacturer XG Sciences; joint battery development initiative

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XGS) closed on a strategic investment led by Samsung Ventures Investment Corporation (Samsung Ventures). A number of applications for our advanced graphene and battery materials have been demonstrated in the electronics industry, and a partner like Samsung will help us move these applications to market faster than we could on our own.

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Intel acquires Moovit for $900M; accelerating Mobileye’s Mobility-as-a-Service offering

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Intel Corporation today has acquired Moovit, a mobility-as-a-service (MaaS) solutions company, for approximately $900 million ($840 million net of Intel Capital equity gain). Moovit was founded in 2012 and is based in Tel Aviv, Israel, with approximately 200 employees. Intel acquired Mobileye in 2017.

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Seambiotic USA and NASA Glenn Research Center Collaborating on Large Scale Microalgae Process Optimization for Algae-Derived Aviation Fuel

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Seambiotic USA, the US subsidiary of Israel-based Seambiotic, has entered into an agreement with NASA Glenn Research Center to develop an on-going collaborative R&D program for optimization of open-pond microalgae growth processes. to reduce biomass process cost.

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