This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Enel X, Enel's subsidiary dedicated to innovative products and services, together with EV maker Arrival, have entered into a partnership to test the battery-electric bus in Italy. The aim is to foster the growth of electrified public transport globally through increasingly high-performance and competitive solutions.
The purchase has been partially financed with contributions from the NRRP (National Recovery and Resilience Plan), the Complementary Funds and the NSPSM (National Strategic Plan for Sustainable Mobility). IVECO BUS is poised to produce low-to-zero emission buses in a new site soon to be inaugurated in Foggia, Italy.
The scheme will be financed by transport fuel retailers who are obliged by law to include a certain percentage of advanced biofuels and biomethane in their fuel blends.
Italy, Poland, Germany, the UK, Spain and France, which buy 70% of the urban buses sold in Europe, lag behind. However, Germany is now financing 80% of the higher purchase cost of e-buses. T&E said the EU’s €750-billion COVID recovery fund is a clear way to finance e-bus deployment.
Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30% increase from the previous year. China, Germany, Italy and India were among the nations that most successfully attracted private investments, according to new research released by The Pew Charitable Trusts. Italy attracted $13.9
and SIT Group of Italy (the owner of OMVL), will become, indirectly, wholly owned by Westport. Juniper will grow the business through new OEM relationships and continued strong aftermarket sales, leveraging OMVL’s capabilities and assembly facilities in Italy and Argentina that today supply Europe, Asia and the Americas. liter and 2.4-liter
Enel, as coordinator, and Austria’s main utility Verbund are collaborating on a fast-recharging network project in Italy and Austria, alongside some of the world’s largest EV carmakers including Renault, Nissan, BMW and Volkswagen Group Italia (represented by Volkswagen and Audi). A grant agreement worth a maximum of €4.2 million (US$4.4
Comet Biorefining, an industry leader in the production of high-purity cellulosic dextrose, has completed a round of equity financing led by new investor PM Equity Partner. Current investor Sofinnova Partners and new investor Bioindustrial Innovation Canada (BIC) also participated in the financing.
Red is a great color for many Italian cars, but the problem for Maserati is that it has been seeing the color more in its finances than on an exciting new car. Maserati CEO Santo Ficili said, Stellantis confirms its commitment towards Italy, its workers, and all its brands, including Maserati.
Financing was announced for projects in Costa Rica, Dominica, Djibouti, Ethiopia, Indonesia, Japan, Kenya, Mexico, Tanzania, and the United States, while projects in drilling and start-of-construction phases made headway in Chile, Germany, Guatemala, Italy, Japan, Montserrat, The Philippines, Rwanda, and Zambia.
T&E used publicly available information to assess the 50 gigafactories announced in Europe based on their finance and permits, whether they had secured a location, and the companies’ links to the US. Without this expansion, Europe will not be able to satisfy its battery demand in 2030 and will need to import from foreign rivals.
Under the agreement, Novamont is converting an existing facility in Adria, Italy to use Genomatica’s BDO process. Novamont is financing the plant conversion and will operate the plant, which is expected to have a production capacity of approximately 40 million pounds per year. Initial production is expected in 2013.
The equity investment aims to support the commercial development of the company following the acquisition of Piel, an electrolysis equipment production unit based in Italy.
We will have our Energy and Finance Ministers, based on their national circumstances, develop implementation strategies and timeframes, and report back to Leaders at the next Summit. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers.
Volvo Car Group (Volvo Cars) is ramping up production of the V60 Plug-in Hybrid ( earlier post ) by 90% to meet demand, especially in Holland, Belgium and Italy. The two companies have financed the development project jointly. Production at the Torslanda plant in Sweden will be increased continuously from 150 to 282 units per week.
Technip Italy SpA announced the finalization of a joint agreement with Egyptian General Petroleum Corporation (EGPC) and Assiut Oil Refining Company (ASORC) for the $1.5-billion According to the agreement, Technip will now start activities for the project, as well as providing support to ensure project financing.
The expected operational launch date is mid-2023, when GATE, as a fully digitalized business, will begin offering its services to pilot clients in Italy. GATE will have an independent business structure with employees dedicated to meeting the needs of electric commercial vehicle customers, initially serving both the IVECO and Nikola brands.
first round of financing in January 2009 from Emertec and Areva, the firm established its production line and created a reservoir of magnesium hydrides that was delivered to CEA-Liten in March 2010 for testing on an industrial scale. Following a €1.6m
Latest research from Specialist Car Finance Experts, Forza Finance , has revealed that BMW is the most popular luxury car brand to finance in 16 of Europe’s 44 countries including the UK & Ireland based on finance rather than sales or units. Forza – Car Finance Map of Europe Infogram. Methodology.
Biochemtex’s 2013-2016 investment program concerns research carried out in facilities in Rivalta Scrivia (Piedmont) and Modugno (Puglia) in Italy to improve the technologies for converting non-food biomass to biofuels and other chemical molecules with industrial applications including ethylene glycol, a raw material used in the production of PET (a (..)
The European Commission has approved under EU State aid rules an Important Project of Common European interest (IPCEI) jointly notified by Belgium, Finland, France, Germany, Italy, Poland and Sweden to support research and innovation in the common European priority area of batteries.
The agreement would see GE Capital lease EV vehicles across Belgium, France, Germany, Italy, Netherlands, Sweden, Portugal, Spain, Switzerland and the UK. GE provides commercial car and truck financing and integrated fleet management services for various consumers though its Fleet Services operations, a business within GE Capital.
The four partners plan to sign a contract covering the retrofit of at least three vehicles once the studies have been successfully concluded and financing is secured. Subsequent conversion of the entire fleet of 54 Coradia Lint vehicles is under consideration.
The bio-refinery will be located in Anhui province, close to Fuyang in Eastern China, and will have capacity to process 1 million metric tons of biomass per year, approximately 4 times the capacity of the biomass conversion facility by Beta Renewables in Crescentino, Italy.
M&G Group is scheduled to open a facility in Crescentino, Italy, producing 13 million gallons of ethanol per year from wheat straw, energy crops, and other locally available feedstocks. Among the first-movers are M&G and Fiberight. Both companies will use Cellic CTec3 in their operations and are set to begin production this year.
The transaction is not subject to a financing condition. France, Germany, Italy, China and the Asia Pacific region, as well as through an international dealer network. Sevcon’s products control on- and off-road vehicle speed and movement, integrate specialized functions, optimize energy consumption and help reduce air pollution.
an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, signed a Letter of Intent to jointly study the feasibility of, and later, develop a Hub facility in Portovesme, Italy. A Li-Cycle Hub is a hydrometallurgical facility that processes black mass from lithium-ion batteries.
million (US$25 million) financed by company contributions as well as European and national funding from Norway and Denmark. The goal of the project is to advance the commercialization of hydrogen for transport in Scandinavia as well as connecting the region with the strong German initiatives within the area. The project has a budget of €19.5
However, current cash is anticipated to be sufficient for expected operations during the Chapter 11 proceeding, and therefore the Company is not expected to require third-party debtor-in-possession financing. million in outstanding 3% Convertible Senior Notes due 2013.
Last year, Porsche participated in a further round of financing for this joint venture. In co-operation with various partners, more than 400 of these charging points have also been implemented in, for example, Spain, Italy, Korea, Japan and Brazil. China has an exclusive network with almost 300 charging points.
There were seven billion-dollar-plus financings of offshore wind projects, boosting the investment totals for the Netherlands, the UK and Germany. billion, the largest single renewable energy asset finance deal ever, outside large hydro—that of the 600MW Gemini project in Dutch waters. billion set in 2011.
Initial deliveries were made to customers in Germany, Austria, the Netherlands and Slovenia with developments in Belgium, Italy, France and Spain due to be confirmed shortly as Maxus accelerates its Europe-wide growth plans. The fleet division is making the Maxus EV80 available to more than 200 major fleet operators in Europe.
New financing has also been announced to eliminate high emissions vehicles in key regions which should give some support to boost to truck sales, all else being equal. For the year, IHS Markit forecasts a decline in European production of 14% from the prior year.
The new reality is a much more challenging future in terms of planning, financing and predictability. PwC divides the G20 into three blocks: G7 economies (US, Japan, Germany, UK, France, Italy, Canada). More radical and disruptive policy reactions in the medium term could lead to high carbon assets being stranded. —PwC report.
The European vehicle battery venture Automotive Cells (ACC) said Tuesday that it was halting construction of two factories in Germany and Italy as it weighs shifting to a less-expensive battery technology. billion) in financing to build out its capacity, for a total of 13 production lines. billion euros (USD 4.8
Several European countries, including Italy, Portugal, Slovakia, Bulgaria, and Romania are pushing to delay the EU’s potential ban on combustion engine powertrains in 2035. This news comes shortly after a public statement from the German Finance minister saying that Germany will oppose the 2035 combustion engine ban.
At year’s end, however, financing for new projects and new orders for turbines and components slowed as the financial crisis began to hit the wind sector. Close to one-third of all new capacity in 2008 was installed on the Asian continent. A hat-tip to Henrik!)
The project has been labelled SAVE (Seine Aval Vehicules Electriques) and will be launched only once the financing necessary for its implication has been secured. In other news, the Alliance has also signed a memorandum of understanding with Italy’s A2A, the main electricity supplier in Lombardy. . The field trials begin in 2010.
The collaboration is substantially financed by Automobili Lamborghini and is intended to lead to radical innovation in energy storage systems technology and material science. Anastasios John Hart, Department of Mechanical Engineering—are contributing to the development of the first two elements.
The concept of a privately financed mission to the moon is fascinating. Participants in the competition, in addition to Part‑Time Scientists, include 15 teams from around the world including Brazil, Canada, Chile, Hungary, Japan, Israel, Italy, Malaysia and the United States. And innovative ideas need supporters that promote them.
Boston, USA & Milan, Italy, 22nd February 2023 - , Electra Vehicles, Inc. , The company has recently opened an Italian branch based in Turin, Italy, to expand its presence in the Italian and European markets and accelerate the energy transition to a more sustainable future through electric mobility.
Compared with February 2024, Austria, Germany, Italy, Spain, Switzerland and the UK all saw residual values (RVs) drop all last month. Value decline in Italy The average %RV of three-year-old cars fell in Italy last month. recorded in February 2024, highlighted Marco Pasquetti, Autovista Groups head of valuations for Italy.
The company currently has pilots running in Sweden, Norway, Italy, and other European countries, and it has plans for an electrified highway in the U.S. The Swedish government helped finance the vast majority of the $10.5-million business development at Electreon, in an interview with CNBC. In the U.S.,
“Stellantis has profound roots here in Italy, where we have a glorious past, a strong present and exciting future,” Chairman John Elkann mentioned on the creation rite in Turin. Tavares is predicted to fulfill Urso in Rome after Monday to talk about Stellantis’ Italian operations, Italian day-to-day newspaper l. Repubblica reported.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content