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Direct lithium extraction company EnergyX secures $20M in funding commitments

Green Car Congress

Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market. Some in the electric vehicle (EV) industry have likened lithium mining to the early days of oil exploration.

Companies 448
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Mahle showcasing new SCT motor at IAA Transportation

Green Car Congress

At the upcoming IAA Transportation trade fair in Hanover, Germany, MAHLE will premiere its new SCT electric motor (Superior Continuous Torque), which provides extremely high continuous power and is therefore especially suited to commercial vehicles. Earlier post.). Fuel cell peripherals. MAHLE flat membrane humidifier. Hydrogen engines.

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Supreme Court: California Cleaner-Fuels Plan OK, Oil Companies Lose Appeal

Green Car Reports

In an action sure to appease fans of a greener transportation future, the U.S. Supreme Court has chosen to decline oil and ethanol companies'' appeal to a decision to uphold California''s Low Carbon Fuels Standard (LCFS).

Cleaner 156
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bp acquires 30% stake in Green Biofuels, UK’s largest provider of hydrogenated vegetable oil fuels

Green Car Congress

bp has acquired a 30% stake in Green Biofuels Ltd (GBF), the UK’s largest provider of hydrogenated vegetable oil (HVO). GBF’s products are made from renewable feedstocks such as vegetable oils, animal oils and fat. It is fully compatible with gas oil and significantly cleaner than EN590 (automotive diesel fuel).

Oil 195
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President Obama proposes 50% increase in spending on clean transportation, funded by $10/barrel tax on oil

Green Car Congress

President Obama has laid out a plan for building a “21st Century Clean Transportation System”, the investment for which would be funded by a new $10 per barrel fee on oil paid by oil companies, which would be gradually phased in over five years.

Obama 150
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AP Ventures makes follow-on investment in small-scale GTL company Greyrock Energy

Green Car Congress

Greyrock’s systems are designed to transform a variety of gas resources (including natural gas, flare gas, bio-gas, natural gas liquids, and other feedstocks) into premium transportation fuels. This additional investment supports Greyrock’s continued growth and development at an exciting time for the company and the industry.

Companies 186
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Port of Rotterdam exploring use of bio LNG in the transport sector

Green Car Congress

The Port of Rotterdam Authority and the National LNG Platform will be starting a joint study that focuses on opportunities to develop LNG from renewable sources as a transport fuel in the port of Rotterdam—Europe’s largest sea port. Business cases for the production, transport and transhipment of bio LNG in Rotterdam’s port area.