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BMW investing €400M in new vehicle assembly at Munich plant as part of shift to electromobility; engine production being concentrated at Steyr and Hams Hall

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The new assembly in Munich will be built on the site currently used for engine production. The combustion engines with four, six, eight and 12 cylinders produced there will be manufactured at the company’s locations in Steyr in Austria and Hams Hall in the UK going forward. —Milan Nedeljkovi?.

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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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MAN Energy to supply engines for Finnlines hybrid RoRos; 100% increase in efficiency

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Tier II-compliant main engines for three 238-meter hybrid RoRo vessels intended for operation in the Baltic Sea. The customer is Finnlines, the Finnish shipping company and part of the Grimaldi Group. —will build the engines in Korea, while Nanjing Jinling shipyard in China will construct the vessels.

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Anglo American unveils prototype 2MW hydrogen-battery hybrid mine haul truck

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Anglo American plc unveiled a prototype of the world’s largest hydrogen-powered mine haul truck designed to operate in everyday mining conditions at its Mogalakwena PGMs (platinum group metals) mine in South Africa. nuGen is part of FutureSmart Mining, Anglo American’s innovation-led approach to sustainable mining.

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Williams Advanced Engineering developing battery system for Anglo American’s hydrogen-powered mine haul truck

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Global mining company, Anglo American, has engaged Williams Advanced Engineering (WAE) to develop its new Fuel Cell Electric Vehicle (FCEV): a 290-tonne electrically powered mining haul truck, which is set to be the world’s largest electrified vehicle. —Craig Wilson, MD of Williams Advanced Engineering. Earlier post.).

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Peugeot returns to the pick-up market in Africa; 2.5L diesel

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With a length of 5.08m, the new Peugeot Pick Up is part of the double cab compact pick-up segment. There, diesel engines and 4x4 transmission occupy dominant places in the market with 92% and 77% respectively. There, diesel engines and 4x4 transmission occupy dominant places in the market with 92% and 77% respectively.

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

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Some other companies took part in multiple project investments globally to diversify their risk, including Fortescue Industries, which has two-thirds of its capacity outside its home country, Australia. mtpa active and upcoming capacity combined. mtpa active and upcoming capacity combined.

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