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ABI Research: 16B ride-hailing trips completed globally in 2017, 24B expected in 2018; 70% in Asia

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A recent mobility study by ABI Research on regional ride-hailing markets found that 16 billion ride-hailing trips were completed worldwide in 2017. In direct contrast to Western Europe and North America, vehicle ownership is relatively low in Asian markets due to the large expense and impracticality for consumers in large cities.

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ion Ventures and LiNa Energy conclude successful test of solid-state sodium-nickel battery platform

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ion Ventures is leading the deployment of the battery in a real-world environment with a view to deploying it into the grid storage market in the future. The battery is constructed from easily sourced, low-cost materials and does not contain any cobalt or lithium.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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NOVONIX Anode Materials LLC, a wholly-owned subsidiary of NOVONIX Limited, was formed in 2017. American Battery Technology Company , Large-Scale Demonstration of Domestic Manufacturing of Low-Cost and Low- Environmental Impact Battery-Grade Lithium Hydroxide from Unconventional Domestic Sedimentary Resources, $57,744,831.

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ExxonMobil evaluating significant near-term capital and operating expense reductions; COVID-19

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Based on this unprecedented environment, we are evaluating all appropriate steps to significantly reduce capital and operating expenses in the near term. Woods said that ExxonMobil has faced numerous market downturns throughout its long history and has experience operating in a sustained low-price environment.

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Symbio targets European taxi market with fuel cell range extender in Nissan e-NV200; 500 km range

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Symbio unveiled the van at the FC Expo 2017 in Tokyo. The customized e-NV200 offers taxi drivers a similar total cost of ownership to a hybrid taxi, but with the range of an internal combustion engine. It can be recharged from a low-cost power supply, and refueled with hydrogen in three minutes (3.8

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Koito and Quanergy collaborate to design automotive headlight concept with built–in solid-state LiDAR

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The Koito headlight with built-in sensors is on display at CES 2017. The Quanergy S3 is the world’s first and only compact, low-cost, automotive-grade solid state LiDAR sensor with high reliability and superior capability. Directional range enhancement based on location in pre-existing map (e.g.,

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DOE awarding $2M to CMU-led project to develop PGM-free cathodes for fuel cells

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million for 30 projects working toward the discovery and development of innovative, low-cost materials needed for hydrogen production and storage and for automotive fuel cells ( earlier post ). The US Department of Energy is awarding roughly $15.8

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