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bp acquires EV fleet charging provider AMPLY Power; first major step into electrification in the US

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By 2030, bp aims to nearly double earnings from its global convenience and mobility businesses—increasing from around $5 billion in 2019—while delivering returns in the range of 15-20%. During this time, bp plans to grow its global network of EV charging points from around 11,000 today to more than 70,000.

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Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

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Hyundai will support the construction cost of the hydrogen refueling station while providing up to 12 fuel cell electric buses as well as their maintenance and service. The partnership is part of Korea’s Ministry of Environment’s project to install hydrogen refueling stations and subsidize privately financed infrastructure projects.

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ZeroAvia secures additional $24.3M to launch development of 2MW hydrogen-electric powertrain for regional aircraft

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Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. Adoption of this technology results not only in true zero-emission flight but also in lower fuel and maintenance costs. The program kick-off is supported by a new raise of $24.3

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Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

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opened reservations for the Ocean electric luxury SUV, arriving in 2022, through its website and native mobile app—available globally on the App Store and Google Play store. The Fisker app offers a flexible lease program, maintenance and repair on demand, insurance purchase to easy finance options. Fisker Inc.

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Hyundai, Kia invest additional US$250M in Grab; pilot EV projects

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To start, Grab, Hyundai and Kia will launch a series of EV pilot projects in Southeast Asia starting with Singapore in 2019. Investors in Grab’s current financing round include Booking Holdings, Microsoft, Toyota, and global financial institutions such as OppenheimerFunds, Goldman Sachs Investment Partners, and Citi Ventures.

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Faurecia and Michelin to consolidate hydrogen fuel cell efforts in new joint venture Symbio

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Michelin’s contribution to this joint venture will be the activities of Symbio—a Group subsidiary since 1 February 2019 and a supplier of hydrogen fuel cell systems associated with a range of digital services—as well as research & development and production activities.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. By 2022, not even California will meet the 10% ZEV requirement. More than 2.2

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