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Airbus and LM Industries create mobility startup Neorizon; digital manufacturing

Green Car Congress

Airbus and LM Industries, the the parent company of Local Motors and Launch Forth, have formed Neorizon to provide disruptive and innovative products with an initial focus on local mobility and autonomy. —Jay Rogers, CEO and founder of LM Industries. leadership. —Benjamin Queisser, Neorizon CEO.

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Pinnacle Engines appoints Asian Business Advisory Board; closes Series C financing

Green Car Congress

Pinnacle Engines, developer of a highly efficient 4-stroke, spark-ignited (SI), opposed-piston, sleeve-valve architecture engine ( earlier post ), has appointed five industry leaders to its newly formed Asian Business Advisory Board. John was President-Ford India, Vice Chairman & EVP-Mazda Motor Company and EVP- Ford Asia Pacific & Africa.

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Musashi appoints Naoya Nishimura as CEO for India, Africa region – ET Auto

Baua Electric

Naoya Nishimura as CEO for India, Africa region New Delhi: Musashi Auto Parts India Pvt Ltd (Musashi), a 100% owned subsidiary of Musashi Seimitsu Industries, Japan, and a manufacturer of two-wheeler and four-wheeler transmission components in India, has appointed Naoya Nishimura as its Chief Executive Officer (CEO).

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Family Bank & BasiGo Sign Electric Bus Financing Deal In Kenya

CleanTechnica EVs

Financing facilities are critical to the growth of any sector, and this will be a key enabler for Kenya’s electric mobility industry. Kenya’s electric mobility sector is starting to get really exciting and gaining some significant traction.

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Sibanye-Stillwater increases its shareholding in Keliber to 84.96%

Green Car Congress

South Africa-based mining and metals group Sibanye Stillwater has increased its effective shareholding in Keliber Oy to 84.96%. At the end of June 2022, Keliber announced a financing arrangement that enables the lithium project to progress to the construction phase. Earlier post.) Earlier post.).

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

Green Car Congress

Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. On the other hand, venture finance deal values also grew from $595.23 Last year, mergers and acquisitions (M&A) deals reached $24.4

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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

Green Car Congress

Demand is expected to initially build on the decarbonization of existing industrial uses of hydrogen (95 MtH 2 eq), most notably for fertilizer production. The net-zero transition then underpins rapid demand growth, cementing hydrogen’s role as a versatile solution for decarbonization.

Clean 429