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Naxnova acquires Austria based Advanced Thermal Technologies – ET Auto

Baua Electric

New Delhi: Naxnova , a global leader in surface augmentation and technology solutions , formerly known as Classic Stripes, announced the successful acquisition of Advanced Thermal Technologies ( ATT ), a pioneer in thermal management solutions based in Austria, today.

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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

Green Car Congress

Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. OMV’s plan foresees emission reduction targets of 30% in operations (Scope 1 & 2) and a 20% reduction target in the product portfolio (Scope 3) for 2030.

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Fisker and Foxconn confirm Fisker PEAR production in Ohio; expected base price below $29,900

Green Car Congress

Fisker confirmed that it will produce its second vehicle, the Fisker PEAR (Personal Electric Automotive Revolution) ( earlier post ), at the factory Foxconn (Hon Hai Precision Industry Co. The Fisker PEAR will enter production in 2024. recently acquired in Ohio from Lordstown Motors ( earlier post ).

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BMW Group creates closed-loop material cycle for tungsten production tools

Green Car Congress

The BMW Group has created a closed-loop material cycle for tungsten used in drill and milling bits for industrial machinery used in producing cars; the company is collecting old drill and milling bits at its plants in Germany and Austria for recycling. About half of this comes from the BMW Group plant in Steyr, Austria.

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€5.7M MORSE project seeks to improve European steel industry with software tools

Green Car Congress

million) MORSE (Model-based optimization for efficient use of resources and energy) project to improve the products, business operations and competitiveness, as well as the energy and raw material efficiency, of the European steel industry. The European Union has launched the €5.7-million million (US$6.9-million)

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Alstom reports successful 1.5y trial operation of Coradia iLint fuel cell trains, next project phase begins

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—Jörg Nikutta, Managing Director for Germany and Austria of Alstom Transport Deutschland GmbH. The project is of a great importance to industrial policy that goes far beyond Germany. Here, we are witnessing the first competitive product of hydrogen mobility at industrial level. Alstom has made hydrogen history here.

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TECO 2030 aims to build hydrogen fuel cell gigafactory in Norway

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TECO 2030 ( earlier post ) is aiming to establish Norway’s first large-scale production of fuel cells, optimized to be the heart of hydrogen-powered ships and other heavy-duty installations. This will be the first volume production of fuel cells in Norway and a hub for the Norwegian hydrogen industry. gigawatt, per year.

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