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DOE to invest $30M to further H2 and fuel cell technology as industry continues strong growth

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The 2015 Fuel Cell Technologies Market Report shows that more than 60,000 fuel cells, totaling roughly 300 megawatts (MW), shipped worldwide in 2015. 2015 also saw the world’s first fuel cell vehicles for sale. Source: “2015 Fuel Cell Technologies Market Report” Click to enlarge.

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Suzuki reports fuel economy testing irregularities in Japan but says no need to amend values

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Suzuki reviewed the measuring process of driving resistance of all 16 models currently available for sale in Japan. Alto Lapin(Launched on 3 June 2015). Every(Launched on 18 February 2015). Solio(Launched on 26 August 2015). SX4 S-CROSS(Launched on 19 February 2015). Escudo(Launched on 15 October 2015).

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Hyundai and Kia make €100M strategic investment in Arrival to co-develop electric commercial vehicles

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Founded in 2015, Arrival has production plants and R&D centers in the US, Germany, Tel Aviv, Russia and the UK. Hyundai and Kia are exploring partnerships with various businesses to build a leadership position in the rapidly expanding global EV market.

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Volvo Cars raises US$533M via issuance of preference shares to Swedish investors

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Volvo Cars expects that 2016 will be another record year in terms of sales, with growth coming across the board from its three main sales regions of Europe, China and the US. billion (US$821 billion) compared to a full year operating profit for the whole of 2015 of SEK6.6

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Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate

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However, according to a new report from Pike Research, PEV production will fall well short of the government’s ambitious goals of manufacturing 500,000 PEVs a year by 2015. billion) in core technologies and the industry to build a strong and competitive NEV industry chain by 2020, according to Pike. BEV/PHEV cars that were.

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Governors of 8 states sign MoU to put 3.3M zero-emission vehicles on roads by 2025; 15% of new vehicle sales

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By 2015 nearly every major automaker will have zero emission vehicles available for sale or lease, and more than 200,000 zero-emission vehicles are expected to be on the road across the US. The number of models is expected to increase for model year 2014 and beyond, ARB said.

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

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Batteries produced by the joint venture would be available for sale to any manufacturer. Mainly through its labs based in Grenoble, the CEA aims at developing new energy technologies and focus on three keys areas: electrical technologies for transportation; solar energy and low energy consumption buildings; nanomaterials for energy.

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