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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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SEMA sponsors ZEV conversion rebate bill in California; up to $2,000 rebate

Green Car Congress

Portantino (D-25) and Josh Newman (D-29) introduced Senate Bill 301 , a bill sponsored by the Specialty Equipment Market Association (SEMA), to create a financial rebate program for converting gas and diesel-powered motor vehicles into zero-emissions-vehicles (ZEVs). Eligible converted ZEVs would need a range of at least 100 miles.

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Qatar researchers review hydrogen production from on-board ammonia decomposition

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A team from Hamad Bin Khalifa University in Qatar has comprehensively reviewed various ammonia decomposition techniques to produce clean hydrogen by recovering the boil-off ammonia while integrating solar energy infrastructures onboard a ship for electricity and heat requirements. The review paper is published in the journal Fuel.

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Virginia Clean Cities reaches 1,000 vehicle conversions to propane

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Virginia Clean Cities announced that 1,000 vehicles have been successfully converted to run on propane autogas through the Southeast Propane Autogas Development Program (SPADP). The Program is supported by funding from the American Recovery and Reinvestment Act (ARRA) and the US Department of Energy’s Clean Cities Program.

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City of Santa Monica converting bus fleet to renewable natural gas

Green Car Congress

The City of Santa Monica’s Big Blue Bus (BBB) has become one of the country’s first municipal transit authorities to convert its fleet to renewable natural gas (RNG), rated 90% cleaner than diesel. Big Blue Bus operates a fleet of 200 vehicles transporting more than 61,000 passengers daily across a 51-square mile service area.

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Faurecia Emissions Control reorients strategy, becomes Faurecia Clean Mobility

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To align with industry megatrends and boost its long term growth, Faurecia Emissions Control Technologies has reoriented its strategy and become Faurecia Clean Mobility. Faurecia Clean Mobility is one of three Faurecia business groups, the other two being Automotive Seating and Interior Systems. Emissions reduction. Energy recovery.

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Oberon Fuels starts commercial production of renewable dimethyl ether (rDME)

Green Car Congress

Oberon Fuels, producer of clean-burning dimethyl ether (DME) transportation fuel, has begun production of the first renewable DME (rDME) in the United States, and the only current commercial production of this in the world. Once delivered, rDME can be converted to renewable hydrogen at the point of use.

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