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AERO concept vehicle, a fully-electric limousine planned for the Chinese automobile market. The future production version of the ID. AERO concept is expected to go on sale in the Chinese automobile market in the second half of 2023. The Volkswagen brand released design sketches of the ID.
Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. Our ultimate goal is to fight climate change and build a sustainable future. At the 2022 Advanced Clean Transportation (ACT) Expo, Hyundai Motor will share the progress of the NorCAL ZERO Project. million km as of 30 April 2022.
Cummins and Canada-based Buhler Industries , a leading tractor manufacturer under the Versatile brand, signed a letter of intent for plans to integrate the Cummins 15-liter hydrogen engines in Versatile’s equipment to lead the decarbonization of the agriculture market. —Adam Reid, Versatile’s Vice-President of Sales and Marketing.
In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.
According to Adam Jonas, Tesla is caught in a tariff-triggered market slump tied to U.S. Despite delivery dips, Morgan Stanleys $410 target underscores Teslas tech-driven edge, setting it apart from EV peers like Lucid amid market turbulence. Teslas stock slid 17.5% from Wednesday to Mondays close. economic fears and global shifts.
Elon Musk shared some stock market advice during the Tesla All-Hands keynote for Q1 2025. He went on to say that Tesla has a track record of making great products and will keep producing many more good products in the future. The post Elon Musk’s stock market advice: ‘Do you love the products?’
by Alec Shkolnik, co-founder & CEO of LiquidPiston Months before stepping down as CEO of Toyota, Akio Toyoda zigged at a time when the rest of the automotive industry zagged: he argued for an electrified future powered by both EVs and hybrid electric vehicles (HEVs). I couldn’t agree more.
Honda Motor recently unveiled its work on two key advanced future safety technologies being developed with the goal of realizing “zero traffic collision fatalities involving Honda motorcycles and automobiles globally by 2050”. Intelligent Driver-Assistive Technology.
Product details and timing related to GM’s future trucks are not being released at this time. This investment will enable the company to strengthen its industry-leading full-size truck business. This investment will support new conveyors, tooling and equipment in the plant’s body and general assembly areas. billion since 2013.
Tesla has made a decision regarding the future of its flagship vehicles, the Model S and Model X, which both have been sticking around for “sentimental reasons” and have no true alignment with the company’s future goals of growth. Id love to chat!
LH2 Europe will use the abundant renewable electricity in Scotland to produce green hydrogen and market it at a competitive price with diesel. The new tanker will transport the liquid hydrogen to terminals in Germany, with a strategic vision to expand supply to other markets as demand increases. Peter Wells, CEO of LH2 Europe.
As the transition to electric vehicles accelerates in several markets around the world, countries where the auto industry contributes significantly to their local economies need to accelerate their EV production to safeguard the future of their industries. An example of a country where the auto industry is a key pillar.
Volta Trucks has previously communicated pre-orders of 6,500 trucks; those pre-orders are in relation to all markets and all models, including those in future years. The firm orders referenced above are solely for the full-electric 16-tonne Volta Zero for 2023 production and delivery to customers.
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.
In 2020, Volkswagen Group China launched a Vertical Mobility project to explore the next generation of mobility solutions, including the urban air mobility market and the extension of urban traffic into airspace. In China, it is set to play a significant role in the future of urban and intercity transportation in its congested megacities.
Rendering of Geely Future Mobility Constellation. These first satellites are part of a planned constellation—the “Geely Future Mobility Constellation”—that will comprise 240 satellites, with the first phase of 72 satellites expected to be placed in orbit by 2025.
This will enable Volvo Group to offer more sustainable solutions to its APAC markets in a more flexible, cost-effective and agile way and will include supply chain, manufacturing and logistics. We are also home to a highly skilled and motivated workforce who are fully committed to meeting our future environmental targets.
Both Wärtsilä and we feel confident that this project represents the future for the maritime sector. The eventual design, size, and volume of the vessel will be dependent on the market and end-user interest. The market is there without a doubt. Pilot-E, the Norwegian funding scheme, will support the project with a NOK 46.3-million
While ESBs may be more suitable for electrification than other vehicle sectors at this time, there are challenges to overcome for the market to advance. In total, there are some 480,000 school buses in the US—more than 95% powered by diesel. — Zeroing in on ESBs.
The 100% electrified powertrain line-up of the new Toyota C-HR reflects Toyota’s commitment to offer what it terms appropriate carbon reduction opportunities to the largest and most competitive market segment in Europe. market share. In 2021, TME sold 1,076,300 vehicles in Europe for a 6.4%
Two ground tests are planned: on a Rolls-Royce AE 2100 engine in the UK this year and a Rolls-Royce Pearl 15 jet engine at a future date. A geared design that delivers efficient power for the high-thrust, high bypass ratio engines of the future. Artist’s impression of a hydrogen engine ground test.
The new project will take a holistic look at AAM, concentrating on the feasibility, opportunities, and challenges of building eVTOL stations—known as vertiports—for future autonomous air vehicles. Another element of the project will investigate the market share for emerging modal options such as AAM. —Keith Ropchock.
The YCK05 engine is the first operating hydrogen engine for China’s commercial vehicle market, the world’s largest commercial vehicle market. The YCK05 hydrogen engines may be widely applicable in bus, municipal, sanitation, logistics and distribution markets. Ignition ceremony at Beijing Institute of Technology.
In support of General Motors’ vision of a zero-emissions, all-electric future, Buick will bring its first electric vehicle to market for North America in 2024. Buick’s future EV products will carry the Electra name, drawing inspiration from the brand’s history. —Duncan Aldred, global vice president, Buick and GMC.
A suggestive market-wide simulation extrapolation indicates that if every gasoline vehicle had a BEV option in 2030, the majority of new car and near-majority of new sport-utility vehicle choice shares could be electric in that year due to projected technology improvements alone. —Forsythe et al. Forsythe et al.
Hyundai Motor Group selected Georgia as the Group’s EV and battery production site due to a range of favorable business conditions, including speed-to-market, talented workforce, as well as existing network of the Group affiliates and suppliers. billion by 2025 to foster future mobility in the U.S,
For the air taxi and commuter aircraft market, the paper calls for evaluating next-generation lithium-ion chemistries (e.g., In the long term, the energy density needs for electric aviation far outstrip the goals of current DOE and industry investments, requiring strategic thinking around the best approaches to enable this future.
Domino’s launched pizza delivery in 1960 with a Volkswagen Beetle, rolled out the DXP —a custom-built pizza delivery vehicle—in 2015, tested autonomous pizza delivery with cars and robots, and is now leading the charge in the future of pizza delivery.
We already know that electric vehicles will be dominating the market soon, ticking off the choice of vehicle based on how long the battery lasts, but what about the other two criteria? When IDTechEx attended CES, it was clear to see that the future cabin interior would be filled with screens. That also makes it hard to benchmark.
The Strategy and Roadmap provides a snapshot of hydrogen production, transport, storage, and use in the United States today and a vision for how clean hydrogen will contribute to national decarbonization goals across multiple sectors in the future.
Oshkosh Corporation and its brand McNeilus are working together on future research and development initiatives across multiple commercial vehicle product lines. SSAB aims to deliver fossil-free steel to the market in commercial scale during 2026 and delivered the first steel made of hydrogen-reduced iron in 2021. Earlier post.).
The storage battery market is expected to continue growing in light of the spread of renewable energy and electrified vehicles, as well as the global trend toward carbon neutrality.
Hyundai Motor’s high-performance N sub-brand revealed the RN22e and N Vision 74 “rolling lab” concepts to demonstrate Hyundai Motor’s ambition to become a leader in the zero-emissions future. Hyundai Motor’s rolling labs are vehicles in which the company tests and verifies advanced technologies to apply them to future production models.
Collaboration is essential for the future of mobility. With the Detroit Smart Parking Lab, we have a cross section of collaborators—from government leaders to mobility and tech companies—that that will empower us to bring innovation to market through collaboration.
This engine will serve the market demand for hydrogen solutions in the energy transition and will be available to our customers as a reliable and clean power source for gensets and combined heat and power plants. With green hydrogen, these mtu engines can be operated in a CO 2 -neutral manner in the future.
The Hyliion KARNO solution offers a next-generation powertrain option between the CNG/RNG-fueled generator used in the Hypertruck ERX and the future Hypertruck Fuel Cell. In the years following, Hyliion plans to release the Hypertruck KARNO, its fuel-agnostic variant, as phase two in the Hyliion journey to a hydrogen-based future.
The facility can scale its battery cell capacity in the future to support the growing needs for storage solutions offered by the company. We are committed to growing our business in the energy storage market, as well as our investment in battery cell technology and cell manufacturing, further strengthening our storage product portfolio.
Mercedes-Benz plans to launch Mercedes pay+ in other European markets in 2023. Mercedes-Benz drivers in Germany and other markets can already pay for fueling directly from the car via the Mercedes me app and a smartphone or via the MBUX infotainment system using a PIN.
The collaboration between GM and Pure Watercraft advances a shared vision to promote sustainability through an expansion of zero-emissions mobility for future generations and reflects the holistic approach necessary for widespread EV adoption, GM said.
Chevron is complementing the strength of its traditional products business with new offerings that help customers support a lower carbon future, and renewable natural gas is a part of its portfolio of solutions. With this acquisition, Chevron can market the RNG it either produces or procures through a nationwide network of CNG locations.
In addition, Embraer has granted Eve a royalty-free license to Embraer’s background IP to be used within the UAM market. As a global aerospace company, with leadership position in multiple segments, we understand that innovation and technology play a strategic role in driving sustainable growth and redefining the future of aviation.
And for this we have an excellent starting point: At the end of 2021, we were once again the market leader in both midsize and large eVans in Europe. With the eCitan and, in the future, the EQT, we are completing our product range this year, offering eVans in all segments. —Mathias Geisen, Head of Mercedes-Benz Vans.
The vehicle will be renamed Cit-e and manufactured through Gaussin’s current and future network of licensees. Marketed mainly in France since 2010, it is now in operation with more than 60 cities. With capacity for 22 passengers, Cit-e has 90 kWh of batteries and can run up to 50 km/h.
Market development. The heads of terms document for the European Hydrogen Bank notes that a fixed premium, namely a single subsidy figure provided over the course of 10 years for every unit of hydrogen produced, was opted for due to the absence of price transparency in the current hydrogen market.
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