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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. During 2022, over 393 deals related to hydrogen were closed, representing a significant increase compared to 277 deals registered in 2021.

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MAN Truck & Bus will offer an eBus chassis for the global market; NMC and LFP battery options

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MAN Truck & Bus will in future be offering an eBus chassis for the global market. By 2040, sales of zero-emission buses are expected to rise to more than 80% of the global market. The eBus chassis will be available as both left- and right-hand drive variants says Barbaros Oktay, Head of Bus Engineering at MAN Truck & Bus.

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Occidental to acquire direct air capture technology company Carbon Engineering for $1.1B

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Occidental announced that a wholly owned subsidiary— 1PointFive —has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. (CE) Occidental has been working with Carbon Engineering on direct air capture (DAC) deployment since 2019. Earlier post.) Earlier post.)

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Power Global, Rap Eco Motors to launch mass electric auto-rickshaw line powered by swappable battery technology

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Power Global and Rap Eco Motors partner to deliver 50,000 made-in-India electric auto-rickshaws built upon the swappable eZee module. Rap Eco Motors delivers premier e-rickshaws nationwide and abroad to countries in Asia, Africa, Europe and South America.

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Ballard & First Mode sign order for 30 additional hydrogen fuel cells for ultra-class mining trucks; 3MW

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The Ballard hydrogen fuel cell module will help power ultra-class mining haul trucks like this one at Anglo American’s Mogalakwena Platinum Group Metals mine in South Africa. These trucks are estimated to save 2,600 tons of diesel fuel each year.

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Forecast: global 3-wheeler market to grow at CAGR of 13% through 2019

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The value of the global three-wheeler market will grow at a compound annual growth rate (CAGR) of 13% during 2014-19, according to a recently published report by TechSci Research, “Global Three Wheeler Market Forecast and Opportunities, 2019”. cannot effectively penetrate.

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Report: Isuzu, GM to partner globally on pickup trucks, engines

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The partnership reportedly will include joint development of next-generation models, and use common diesel engines. The deal will create an alliance that commands 25% of the worldwide pickup truck market. and Southeast Asia, pickup trucks are expected to serve as a growth engine for the global auto market along with subcompacts.

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