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Pony.ai receives a taxi license in China; commercialization of robotaxi services

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Pony.ai, a global autonomous driving technology company, announced it is the first autonomous driving (AD) company to obtain a taxi license in China. robotaxi currently retains a safety driver, the company expects to remove the driver over the short- to intermediate-time frame. In May, Pony.ai While the Pony.ai

Taxi 425
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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

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Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). The proceeds from this capital investment will further the company’s commercialization efforts of its direct lithium extraction and refinery technologies.

Global 199
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Toshiba, Sojitz and CBMM partner to commercialize next-generation Li-ion batteries with NTO anodes

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Toshiba Corporation, Sojitz Corporation, and CBMM have entered into a joint development agreement for the commercialization of next generation lithium-ion batteries using niobium titanium oxide (NTO) as the anode material. In June 2018, the three companies entered into a joint agreement to develop NTO’s potential as an anode material.

Li-ion 376
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GlobalData: Government mandates and infrastructure investments to fuel EV growth globally

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Global EV sales reached 7.7 million units in 2018, and are anticipated to reach 51.6 million units in 2035, driven by government mandates and infrastructure investments, according to GlobalData, a data and analytics company. The commercial EV segment is expected to record a CAGR of 15% during the same period.

Global 195
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NYK Line, JMU and ClassNK partner to commercialize ammonia-fueled ammonia gas carrier

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NYK Line, Japan Marine United Corporation (JMU), and Nippon Kaiji Kyokai (ClassNK) signed a joint R&D agreement for the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel, in addition to an ammonia floating storage and regasification barge (A-FSRB).

Gas 459
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Eaton leverages cylinder deactivation and exhaust thermal management technologies to reduce commercial vehicle emissions

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Power management company Eaton’s Vehicle Group has demonstrated cylinder deactivation (CDA) as an effective technology for meeting future global emissions requirements for diesel-engine powered commercial vehicles. By 2030, the company aims to reduce emissions from its solutions and throughout its value chain by 15%.

Eaton 221
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Viridos executes agreement with ExxonMobil to help scale algae biofuels toward commercial levels

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earlier known as Synthetic Genomics, has signed a joint development agreement with ExxonMobil Research and Engineering Company (EMRE) with the intent to bring Viridos’ low-carbon intensity algae biofuels toward commercial levels. Viridos Inc., The development partnership has continued over the years.