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BYD to convert former Ford plant into EV facility

Teslarati

BYD plans to convert a former Ford plant into an electric vehicle (EV) facility in Brazil. The ex-fossil fuel car manufacturing factory will be BYD’s first EV production plant outside Asia. Brazil’s President Luis Inácio Lula da Silva announced BYD’s new EV factory outside Asia via Elon Musk’s X platform.

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TI Clean Mobility to raise Rs 580 crore via equity, Compulsorily Convertible Preference Shares | Autocar Professional

Baua Electric

TI Clean Mobility Private Limited (“TICMPL”), a subsidiary of Tube Investments of India Limited, has signed definitive documents today, with South Asia Growth Invest III LLC and South Asia EBT Trust III (collectively GEF), to raise Rs 580 crore in the form of Equity and Compulsorily Convertible Preference Shares (“CCPS”).

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Air Products and Cummins partner on hydrogen fuel cell trucks; Air Products to convert global 2K truck fleet to H2

Green Car Congress

Air Products and Cummins signed a memorandum of understanding (MOU) to work together to accelerate the integration of hydrogen fuel cell trucks in the Americas, Europe and Asia. Cummins and Air Products expect the demonstration phase to begin in 2022.

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Gevo and Leaf Resources sign joint development agreement for potential use of cellulosic-derived sugars to convert to hydrocarbon molecules

Green Car Congress

and Leaf Resources , an Australia-based company and one of the world’s leading companies in converting plant biomass into industrial sugars, have signed a Joint Development Agreement (JDA). Glycell pretreatment is followed by enzymatic hydrolysis which converts cellulose into cellulosic sugars.

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GM expands landfill-free efforts in Asia

Green Car Congress

General Motors’ Rayong engine plant in Thailand and Cheongna proving ground in Korea are now landfill-free , bringing the company’s total to 33 sites throughout Asia that recycle, reuse or convert to energy all of their daily waste. GM’s landfill-free facility count in Asia compares to 45 in North America and 22 in Europe.

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EcoCeres makes first cellulosic ethanol shipment to Europe

Green Car Congress

EcoCeres , an Asia-based bio-refinery company, announced its first shipment of 100% agricultural waste-produced cellulosic ethanol to the European markets, a milestone the company achieved after commissioning another facility in China.

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SK Group to invest $1.5B in Plug Power; strategic partnership and JV to accelerate H2 economy in Asia

Green Car Congress

This investment represents the largest US clean energy PIPE (Private Investment in Public Equity) in the last 20 years (based on the PrivateRaise PIPE database for transactions that have closed and includes common stock, preferred stock, convertible preferred stock and convertible debt).

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