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Volvo Cars? Chengdu car plant powered by 100% renewable electricity; 65% hydropower

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It is the latest concrete step towards Volvo Cars’ ambition to have climate-neutral manufacturing by 2025, part of a wider climate plan that aims to reduce the overall carbon footprint per car by 40% between 2018 and 2025. By 2040, Volvo Cars aims to be a climate-neutral company.

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EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

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The project, called “European Battery Innovation” (EuBatIn) was jointly prepared and notified by Austria, Belgium, Croatia, Finland, France, Germany, Greece, Italy, Poland, Slovakia, Spain and Sweden. In 2018, the Commission adopted the Strategic Action Plan for Batteries and has promoted a wide range of initiatives as part of the plan.

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Frost & Sullivan forecasts rapid growth in tire pressure monitoring systems market; $386.6M by 2018

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million by 2018. —Frost & Sullivan Industry Analyst Kumar Saha. million by 2018. As sensor batteries typically last for six to 10 years, this mandate will drive breakage replacements in the forecast period and end-of-battery-life replacements beyond 2018. million in 2011 will reach $386.6

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BASF launches $10B Verbund project in China

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It marks a milestone of the company’s US$10-billion investment project announced in July 2018. The first plants will produce engineering plastics and thermoplastic polyurethane (TPU) to serve the increasing needs of various growth industries in the southern China market and throughout Asia. Earlier post.)

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EC approves up to €5.2B of public support for second IPCEI in the hydrogen value chain

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The European Commission approved , under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation, first industrial deployment and construction of relevant infrastructure in the hydrogen value chain.

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First cargo vessel operating on hydrogen to debut in Paris; commercial river operations this year

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The Flagships project was awarded €5 million of funding in 2018 from the EU’s Research and Innovation program Horizon 2020, under the Fuel Cells and Hydrogen Joint Undertaking (FCH JU), to deploy two hydrogen vessels in France and Norway. The new vessel will be tasked with moving goods on pallets and in containers along the river Seine.

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EDF launches subsidiary Hynamics to produce and to market low-carbon hydrogen

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France-based global energy generator EDF has launched Hynamics , a new subsidiary for the Group that will be responsible for offering effective low-carbon hydrogen for industry and mobility. These services constitute an additional asset for the Electric Mobility Plan announced by the Group in October 2018.

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