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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

Green Car Congress

In 2022, green hydrogen production capacity reached more than 109 kilotons per annum (ktpa) worldwide, representing 44% growth compared to 2021, according to data and analytics company GlobalData. On the other hand, venture finance deal values also grew from $595.23 Last year, mergers and acquisitions (M&A) deals reached $24.4

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Toyota Motor Europe strengthens strategic alliance with CaetanoBus and Finlog in fuel cell bus business

Green Car Congress

Toyota Caetano Portugal (TCAP), the joint venture of Toyota Motor Europe (TME) and Salvador Caetano, strengthened its strategic alliance with CaetanoBus and Finlog by becoming the direct shareholder of the two Portuguese companies. The ordered H2.City

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Renault-Nissan Alliance, CEA and FSI to Form Joint Venture to Develop and Manufacture Batteries for Electric Vehicles

Green Car Congress

The Renault-Nissan Alliance, the French Atomic Energy Commission (CEA) and the French Strategic Investment Fund (FSI) signed a letter of intent to set up a joint venture company that would develop and manufacture batteries for electric vehicles, under the patronage of Christian Estrosi, the French Minister for Industry.

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PSA Peugeot Citroën and General Electric sign a European Cooperation Agreement for the co-development of electromobility solutions; BEVs and PHEVs

Green Car Congress

GE Energy’s Industrial Solutions will supply and deploy the infrastructure products needed to make the projects possible, in particular charging stations and installer network. The agreement would see GE Capital lease EV vehicles across Belgium, France, Germany, Italy, Netherlands, Sweden, Portugal, Spain, Switzerland and the UK.

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Report: Nissan to build battery plant in France

Green Cars News

As car manufacturers bid to gain an advantage in the green car race, Nissan Motor Company is reportedly ready to build a joint venture lithium-ion battery plant in France. In addition to batteries, the companies will also work together on motors and several other key components of electric vehicles in an effort to reduce production costs.

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Nissan to make electic car batteries at Sunderland plant

Green Cars News

Carmaker Nissan is to begin manufacturing batteries for electric cars at its Sunderland plant. The new rechargeable lithium-ion battery plant to based within Nissan’s established plant on Washington Road will be Nissan’s European Centre of Excellence for Battery Manufacturing. Nissan Motor Co.,

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Clearing the roadblocks to electrification of heavy-duty trucks

Charged EVs

For some (not all) use cases, the economic advantages of going electric have been clear for a long time, and yet we’ve seen a dozen EV manufacturers go bust while trying to address the commercial market, while fleet operators continue to buy diesel vehicles, which continue to belch out clouds of oily black smoke.

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