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Fuji Heavy Industries to change company name to Subaru Corporation

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Fuji Heavy Industries Ltd., the manufacturer of Subaru vehicles, will change its company name to Subaru Corporation with effect from 1 April 2017 (tentatively). The FHI Board of Directors also resolved to integrate the company’s Industrial Products Company with the Subaru automotive business with effect from 1 October 2016.

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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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A new study , commissioned by the International Chamber of Shipping and prepared by Professor Dr. Stefan Ulreich from Germany’s University of Applied Sciences, finds that the global shipping industry will require the equivalent of the world’s entire current renewable energy demand in order to replace fossil fuel use. billion in 2017 to $1.6

Renewable 210
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W Australia to host $135M national battery research hub: Future Battery Industries CRC

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million) industry-backed research hub was supported by the Federal Government. The Future Battery Industries CRC will address the existing gaps in the nation’s capacity to respond to this growth industry by creating opportunities to process, manufacture and deploy batteries, delivering an estimated $2.5

Australia 220
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DiDi partners with SoftBank in Japan for platform services for taxi industry, launches open new energy car-sharing platform

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have established a partnership to provide platform services for the taxi industry. In 2017, taxi drivers completed 1.1 According to a study by GM Insights, the global car-sharing market is expected to grow 34% annually from 2017 to 2024, while the annual growth rate in China will exceed 40%. billion rides on DiDi.

Taxi 186
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Renesas to acquire Intersil for ~$3.2B; looking to lead in automotive, industrial, IoT system solutions

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Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, and Intersil Corporation, a leading provider of innovative power management and precision analog solutions, signed a definitive agreement for Renesas to acquire Intersil for US$22.50

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Ube Industries and Mitsubishi Chemical to form 50-50 Li-ion battery electrolyte JV in China

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Ube Industries, Ltd. and Mitsubishi Chemical Corporation have agreed to a tie-up for their electrolyte businesses in China under a 50-50 joint venture to supply highly competitive electrolyte to the market. Ube Industries and Mitsubishi Chemical will apply for approval from government authorities in China and other relevant countries.

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Latest EPA automotive trend report shows MY 2017 fleet fuel economy of 24.9 mpg; new record

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The latest edition of the US Environmental Protection Agency (EPA) annual Automotive Trends Report finds that Model Year (MY) 2017 vehicle fuel economy was 24.9 Most large manufacturers used banked credits, along with technology improvements, to maintain compliance in model year 2017. Estimated Real-World CO 2 and Fuel Economy.