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Delhi Transport Corporation (DTC) signed a definitive agreement with Tata Motors’ fully owned subsidiary, TML CV Mobility Solutions Ltd. will supply, operate and maintain 1,500 units of 12-meter low-floor air-conditioned electric buses for a period 12 years. for operation of 1,500 electric buses in the city of New Delhi.
Daimler Truck North America (DTNA) and Sysco Corporation (NYSE: SYY) a leading US foodservice distribution company, have signed a Letter of Intent (LOI) to deliver up to nearly 800 battery-electric Freightliner eCascadia Class 8 tractors by 2026.
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. Availability is expected to be 2H 2023.
Mazda Motor Corporation will introduce the Mazda2 Hybrid in Europe from the spring of 2022. The Mazda2 Hybrid will be an OEM model supplied by Toyota Motor Europe, a wholly owned subsidiary of Toyota Motor Corporation, and will be added to the Mazda2 lineup in Europe and sold as Mazda's own brand vehicle.
To materialize large volume of imports, it is important to build supply chains from import terminals to demand locations, and to put priority on identifying challenges and find its solutions. Iwatani Corporation, Chubu Electric Power Co., Iwatani Corporation, Chubu Electric Power Co., Toho Gas Co., Air Liquide Japan G.K.,
Continental is extending its commitment to sustainability in the natural rubber supply chain. Continental’s goal is to achieve 100 percent sustainable supply chains by 2050. The valuable experience we are gaining in this project allows us to progressively increase the transparency of our natural rubber supply chains.
TEPCO HD) and Toyota Motor Corporation (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. Tokyo Electric Power Company Holdings, Inc.
Enovix Corporation has secured $45 million in new funds to produce and commercialize its 3D Silicon Lithium-ion Battery. Rodgers and York Capital), and non-dilutive funding from market-leading customers. Enovix expects to supply the EV market within 5 years.
Molicel ), a supplier of lithium-ion battery cells, entered into a memorandum of understanding for Molicel to manufacture and supply the battery cells for Archer’s production electric vertical takeoff and landing (eVTOL) aircraft, Midnight. Molicel belongs to the energy business of Taiwan Cement Corporation (TCC).
The coup and resulting state of emergency quickly resulted in concerns in China over metal and mineral supplies from its neighbor. In 2020, Myanmar accounted for 39% of global HREE mine production, with China itself the only other major producer of HREE mined products at 48% of global supply. global supply.
Decarbonizing hydrogen supply is critical to initiate uptake in these new sectors, and an industry-standard emissions measurement and verification process is key to providing the market transparency that facilitates new supply agreements.
Neste and All Nippon Airways (ANA), Japan’s largest and a 5-Star airline, are entering a sustainable aviation fuel (SAF) supply agreement. ANA will become the first airline to use SAF on flights departing from Japan; the agreement also represents Neste’s first SAF supply to an Asian airline.
Japan’s New Energy and Industrial Technology Development Organization (NEDO), Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), Tohoku Electric Power Co., The technology also needs functions to optimize system operation according to hydrogen supply and demand forecasting.
Australia-based Pure Hydrogen Corporation has entered an arrangement with PepsiCo Australia to trial a hydrogen-fueled prime mover at one of PepsiCo’s manufacturing sites in the City of Brisbane. Pure Hydrogen will supply PepsiCo with a Hydrogen Fuel Cell 160kW 6 x 4 Prime Mover (HFCV Prime Mover).
ANGI Energy Systems, a Vontier company announced a strategic collaboration with Nikola Corporation to support Nikola’s plan to create the largest North American open-network of commercial hydrogen refueling stations by providing technically advanced hydrogen fueling dispensers, under Nikola’s HYLA brand.
At its recent “Kia Sustainability Movement” virtual presentation, Kia Corporation announced a commitment to achieve carbon neutrality throughout its value chain by 2045. Achieving full electrification in major markets by 2040. Kia is also working with its suppliers to reduce carbon emissions from the parts supply stage.
The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.
Chiyoda Corporation, together with Mitsubishi Corporation, Mitsui & Co. Ltd and NYK Line, the other members of the Advanced Hydrogen Energy chain Association for technology Development ( AHEAD ), reported the successful completion of the world’s first global hydrogen supply chain system. Earlier post.).
The new fund will invest in early to mid-stage start-ups operating in the sustainability, transportation, manufacturing, and supply chain industries. BMW i Ventures created a new $300-million venture capital fund with a strong focus on sustainability.
Toshiba Corporation, Sojitz Corporation, and CBMM have entered into a joint development agreement for the commercialization of next generation lithium-ion batteries using niobium titanium oxide (NTO) as the anode material. One of the major requirements for rechargeable battery development is greater energy density and faster charging.
The LADA brand leads on the Russian automotive market with more than 20% market share and is also present in 20 countries. In particular, we decided to pull ahead this Summer corporate vacation to 4-24 April 2022, and we will do our best to use this period to restore our supply chains.
China is positioning itself to dominate the global supply of copper, a material in high demand as the world transitions to alternative energy systems, according to experts from Rice University’s Baker Institute for Public Policy. “If China’s domestic production of copper is inadequate relative to demand, according to the authors. million). “As
time, it announced it had signed initial MoUs to scope the supply of hydrogen to chemicals ?manufacturer products, to scope the supply of clean hydrogen as fuel to reduce hard to abate combustion ?emissions Mitsubishi Chemical Corporation, a leading global manufacturer of chemical products, to scope ?the At the same ?time,
Cabot Corporation plans to establish a new technology center in Münster, Germany. The center will also support other Cabot product lines that support the battery market, including fumed alumina for separator and cathode coatings, and aerogel for thermal management.
and Mazda Motor Corporation agreed to enter into discussions on establishing a medium- to long-term partnership to meet demand for battery EVs and automotive batteries in a rapidly expanding market. Panasonic Energy Co.,
SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. SKIET plans to supply separators produced at its Changzhou factory in China to Sunwoda.
a subsidiary of Chevron Corporation, signed a definitive agreement to acquire full ownership of Beyond6, LLC (B6) and its network of 55 compressed natural gas (CNG) stations across the United States from Chevron’s current B6 co-owners, a subsidiary of Mercuria Energy Trading (Mercuria) and B6 CEO Andrew West. Chevron U.S.A.
FREYR Battery announced a new service agreement with ITOCHU Corporation, the Japan-based global trading and import/export company. As part of this agreement, ITOCHU will serve as a direct materials supplier for FREYR’s procurement and supply chain operations. —Yasuhiro Abe, Power & Environmental Solution Division COO, ITOCHU.
BASF has delivered the first batch of nickel-cobalt-manganese (NCM) cathode active materials (CAM) via its majority-owned joint venture BASF TODA Battery Materials LLC (BTBM) to Prime Planet Energy & Solutions ( PPES ), a joint venture between Toyota Motor Corporation (Toyota) and Panasonic Holdings Corporation (Panasonic). —,Dr.
and Sumitomo Corporation announced an agreement to diversify and strengthen rare earth supplies in Japan. Further, the companies will collaborate on the supply of rare earth metals and other products. US-based MP Materials Corp. China is the world’s leading producer. SC has a long history in the rare earth industry.
The energy transition requires a massive increase in the supply of critical materials, yet supply chains remain vulnerable to a range of geopolitical risks. Supply disruptions could impact the speed of the energy transition in the short to medium term, a new report by the International Renewable Energy Agency (IRENA) warns.
a significant quantity of the world’s supply originates from areas ranking poorly in terms of corruption and working conditions, notes critical materials supply chain intelligence company Roskill. From a cobalt ESG (Environmental, Social, and Corporate Governance) perspective, ASM is an essential element of the social component.
JFE Steel Corporation, Itochu Corporation and Emirates Steel Arkan, the largest steel company in the United Arab Emirates (UAE), will conduct joint detailed feasibility studies on the establishment of a supply chain of ferrous raw material for green ironmaking with low-carbon emission at the project site in Abu Dhabi.
billion will go to 11 projects in the materials separation and processing segment of the supply chain. Anovion , Scaling the Domestic, US Owned and Operated Anode Supply Chain for Synthetic Graphite, $117,000,000. It will produce enough material to supply more than 250,000 electric vehicles annually. Of that, $1.6
The proven industrial-scale processes eliminate supply chain concerns over mass adoption. The ability to leverage our existing facility and add new infrastructure to support SiFAB manufacturing in New Carlisle will significantly accelerate the timeline for supplying this critical material to our partners. Source: Unifrax.
HSD Engine will provide support on cost-effective manufacturing and assembly, provide engine testing capabilities and deliver fuel supply and exhaust aftertreatment systems. merged with Wärtsilä Diesel Oy to create Wärtsilä NSD Corporation which later became Wärtsilä Corporation. In April 1997, New Sulzer Diesel Ltd.
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has completed delivery of an ammonia fuel supply system for large, low-speed two-stroke marine engines, to Japan Engine Corporation (J-ENG), a manufacturer of marine engines.
AISIN Corporation, the fifth-largest Tier 1 auto supplier in the world, announced today that it will launch two new production lines with a total anticipated investment of more than $200 million at its AISIN North Carolina Corporation (ANC) facility in Durham, North Carolina.
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.)
Hyundai Motor Group signed a memorandum of understanding (MOU) with SK On to secure a supply of EV batteries in North America. Through the EV battery MOU, we will be able to further accelerate our efforts to secure EV leadership in the North American market. Further details on the cooperation will be revealed at a later stage.
The business will manufacture batteries for electric vehicles (EVs) and storage applications using resources and supply chains sourced entirely in the US. Statevolt has already partnered with Controlled Thermal Resources (CTR), which will supply locally sourced lithium, and geothermal power from their Hell’s Kitchen Lithium and Power plant.
Electra Battery Materials Corporation and Avalon Advanced Materials Inc. are in line with LG Energy Solution’s strategic vision to reinforce its key battery materials supply chain in North America. Under the terms, Electra will supply 7,000 tons of cobalt sulfate for three years starting in 2023.
In its 2023 Strategic Update , Albemarle Corporation raised its forecast for 2030 global lithium demand (LCE, lithium carbonate equivalent) to 3.7MMt—an increase of 15% from its previous forecast due to the impact of the US “Inflation Reduction Act” and strong EV demand. Albemarle also estimates the 2030 mined supply to come in at 2.9
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