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Algae.Tec to form JV in China for algae for renewable transportation fuels and carbon capture facility; raising A$5M

Green Car Congress

The facility will be purely focused on algae for the production of transport fuels. Last month Algae.Tec signed a biofuels MOU with the European airline Lufthansa, and announced a biofuels production and carbon capture deal with the Sri Lanka subsidiary of industrial giant Holcim, the world’s largest cement and building materials company.

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Joy e-bike maker to develop hydrogen scooter, eyes global expansion | Autocar Professional

Baua Electric

Sanjay Sablok, President, Operations, at Wardwizard Innovations & Mobility Limited, while speaking with Autocar Professional on the sidelines of an industry event, revealed plans to develop a hydrogen-fuelled electric scooter within the next 2–3 years.

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Exide and Leclanché launch Li-ion battery JV in India

Green Car Congress

Exide Industries Ltd, India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, and Switzerland-based Li-ion battery manufacturer Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market and grid-based applications.

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Axial Vector and Kirloskar Oil Engines Forming JV for Mass Production of Axial-Type Engines

Green Car Congress

Axial Vector Energy Corporation (AVEC) and Kirloskar Oil Engines (KOEL) have signed a binding memorandum of understanding (MOU) for a joint venture for the mass production of the Axial Vector axial-type, multi-fuel engines ( earlier post ). Intake and exhaust valves open and close by a patent-pending method of rotating cam and trunions.

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‘The macroeconomic landscape hasn’t been ideal this year:’ Raman Mittal | Autocar Professional

Baua Electric

The growth in the domestic tractor industry is likely to be flattish on a year-on-year basis, according to India’s third-largest tractor maker Sonalika. Can you throw some light on how the year 2023 has been for the tractor from an industry perspective? India is now the biggest tractor industry globally. percent decline.