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Ardian, FiveT Hydrogen launch largest clean hydrogen infrastructure investment platform Hy24; €1.5B for first fund

Green Car Congress

Hy24’s first fund will be set up and managed as an impact fund with the aim to reduce global carbon emissions, in accordance with Article 9 of the SFDR (Sustainable Finance Disclosure Regulation). (An Recent analysis indicates that up to $100 trillion in hydrogen investments will be required to meet net zero goals by 2050.

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Tesla supplier Piedmont Lithium gets key North Carolina mining permit – ET Auto

Baua Electric

sources of the key electric vehicle battery metal, although key financing and local regulatory challenges remain. Piedmont must still obtain a local zoning variance and financing for the project, estimated to cost more than USD 1 billion. Low lithium prices may also hobble Piedmont’s financing attempts, analysts said.

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Kolhapur has potential to be auto component mfg hub: Gadkari – ET Auto

Baua Electric

Under a BOT contract, an entity (usually a govt) grants a concession to a private firm to finance, build, and operate a project for a period of up to 30 years, following which the project is returned to the public entity that originally granted the concession. So, we will start exporting energy in the next 10 years,” Gadkari said.

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Li-Cycle to cut 17% of staff amid battery recycling growing pains – ET Auto

Baua Electric

Li-Cycle had talked about building similar hubs in Europe, but those plans are on hold until it can prove the model works in North America. The executive in charge of the company’s international operations will leave, as will the company’s finance chief.

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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

In the Clean Energy Act for America (CEAA) proposed legislation, this per manufacturer threshold would be eliminated and replaced with an industry-wide phaseout based on reaching 50% EV sales share. In this part 2 article, we’ll dive deeply into the elimination of the per manufacturer 200,000 EVs sold phaseout.

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

Baua Electric

Nishimura has been associated with Musashi for over two decades and has worked across several international markets like Japan and North America. He has also worked at Musashi in various capacities, including operations, new customer acquisition, research and development and business planning.

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Baker Institute expert suggests assumptions about oil’s influence on politics in the Middle East should be reversed

Green Car Congress

Assumptions about oil’s influence on politics in the Middle East should be reversed, according to a new article from an expert at Rice University’s Baker Institute for Public Policy. Instead of oil buttressing autocracy, the article argues that autocracy among oil exporters buttresses oil by encouraging consumption. —Jim Krane.

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