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H2X Global secures US$57M from Verde Mobility to deliver on US$300M in fuel cell vehicle orders

Green Car Congress

Australia-based hydrogen fuel cell vehicle company H2X Global recently secured a US$57-million deal with US-based firm, Verde Mobility Inc., The funds will also support H2X Global’s planned listing on the London Stock Exchange. UHL has expansion plans in North America and is looking to open an office in Canada later this year.

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UPS invests in Arrival, orders 10,000 electric delivery vehicles

Green Car Congress

Arrival vehicles also use a modular design with standardized parts, a method that reduces maintenance and other costs of ownership. UPS expects to deploy the EVs in Europe and North America. The company produces its own major core vehicle components: chassis, powertrain, body and electronic controls.

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Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines

Green Car Congress

Volkswagen, Stellantis and Glencore are supporting the purchase of the Atlantic Nickel nickel sulfide and the Mineraçao Vale Verde copper mine in Brazil by ACG , a London-listed special purpose acquisition company (SPAC), for US$ 1 billion. 20ktpa over a 12-year life of mine, at an average C1 cash cost of $1.37/lb

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BloombergNEF: battery metals rebounding; by 2030, annual Li-ion battery demand to pass 2TWh

Green Car Congress

Diversifying the global supply chain would require significant investment from regions such as Europe and North America, according to the latest Battery Metals Outlook from research company BloombergNEF. Cobalt price to hold: Cobalt metal prices have risen by 42% year-to-date on the London Metals Exchange.

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Nickel expert calls on Musk, Farley, others to demand Nickel sourcing in North America

Teslarati

Surging prices of nickel, a potentially major influence in the future of the global electric vehicle market, have encouraged one mining expert in the field to call on automotive CEOs to demand more attention toward sourcing the metal in North America. There are ample, good-quality nickel projects in North America.”

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Arrival and Uber to collaborate on EV for ride-hailing industry; based on Small Vehicle Platform

Green Car Congress

The Arrival Car will address the global need to shift ride-hailing and car sharing services—with more than 30 million estimated drivers across the ride-hailing sector—to electric to reduce emissions and improve air quality in cities. So far in London, more than 3.5 million trips have taken place in fully electric vehicles.

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Falling Domestic Fares and an A.I. Arms Race: What Travelers Can Expect in 2024

Baua Electric

billion passengers are expected to fly globally in 2024, up from the previous record of 4.5 Analysts at American Express Global Business Travel say that average ticket prices across all regions are not expected to change significantly. Jump to: Credit… Chanelle Nibbelink A record 4.7

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