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OCSiAl receives approval for €300M Luxembourg graphene nanotube production plant and R&D center

Green Car Congress

OCSiAl , the world’s largest manufacturer of graphene nanotubes, has been granted approval by Luxembourg authorities for a production plant, together with an associated R&D center, in Differdange, Luxembourg. OCSiAl’s headquarters and one of the company’s three graphene nanotube development centers are already located in Luxembourg.

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High-power battery company MOBIUS.energy secures $50M investment commitment from GEM

Green Car Congress

MOBIUS.energy Corporation secured a $50-million investment commitment from GEM Global Yield LLC SCS, a $3.4-billion, billion, Luxembourg-based private alternative investment group. Standardization is the key to establish safe and efficient operation of electric aircrafts as well as cost efficient re-use and recycling of used batteries.

Companies 243
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Deutsche Post DHL Group sells StreetScooter production rights to international consortium ODIN Automotive S.à.r.l.

Green Car Congress

Luxembourg). StreetScooter GmbH, including its existing 300 employees, will continue to act as a supplier of vehicle parts and batteries for the Group’s planned fleet expansion to 21,500 StreetScooters. In addition, Deutsche Post DHL Group will become a minority shareholder in ODIN. ODIN Automotive S.à.r.l.,

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GEM commits to invest up to $100M in Skyworks Aeronautics; commercialization of eVTOL gyroplanes

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announced a $100-million investment commitment from GEM Global Yield LLC SCS, a Luxembourg-based private alternative investment group. Mobius.energy developed an advanced battery module architecture optimized for electric aircraft. Mobius’ battery module architecture is cell type agnostic and platform independent.

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OCSiAl launching a graphene nanotube synthesis facility in Serbia in 1H 2023

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The synthesis facility will become the core of the graphene nanotube industrial hub and will be accompanied by production lines of nanotube concentrates for various polymers and nanotube dispersions to boost energy density of electric vehicle batteries.

Serbia 150
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Volvo Cars raises €500M for electrification through second green bond issue

Green Car Congress

Volvo Cars successfully placed its second green bond to raise €500 million from a diverse set of global investors. The bond was oversubscribed three-times, despite challenging global market conditions. By mid-decade, it aims for half of its global volume to consist of pure electric cars.

Volvo 329
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15 countries agree to work toward 100% ZEV truck and bus sales by 2040

Green Car Congress

Under the new Global Memorandum of Understanding (MOU) for Zero-Emission Medium- and Heavy-Duty Vehicles (ZE-MHDVs), Austria, Canada, Chile, Denmark, Finland, Luxembourg, Netherlands, New Zealand, Norway, Scotland, Switzerland, Turkey, United Kingdom, Uruguay and Wales are setting an interim goal of 30% zero-emission new vehicle sales by 2030.