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ACEA: EU commercial vehicle registrations: down 23.2% in Q1 2020; -47.3% in March

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In March 2020, demand for new commercial vehicles fell by 47.3% across the EU, as measures to prevent the spread of COVID-19 lead to the closure of dealerships, according to the ACEA (European Automobile Manufacturers Association). New commercial vehicle registrations by type in the EU. less than last year. to 1,905 units.

2020 259
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Neo Performance Materials to acquire exploration license for rare earth element project in Greenland

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Neo, through a special purpose entity (SPE), plans to explore and develop the Sarfartoq Project to diversify its global sourcing of rare earth ore further and to expand the rare earth supply chains that feed Neo’s rare earth separation facility in Estonia.

Estonia 195
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Hyundai makes Series B investment in hydrogen and fuel cell catalyst maker Pajarito Powder

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Based in Albuquerque, New Mexico, Pajarito Powder develops and commercializes advanced electrocatalysts for fuel cells and electrolyzers. The investment is intended to allow Hyundai Motor to expand its portfolio in the value chain of the hydrogen industry and strengthen the establishment of the hydrogen ecosystem.

Hyundai 186
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Ultracap-maker Skeleton Technologies closes additional €29M, bringing D round to €70.4M

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Ultracapacitor developer and manufacturer Skeleton Technologies closed a further €29 million in its Series D financing. In terms of commercialization, we have started with a relatively niche market of supercapacitors and are now moving to Superbatteries, covering the high efficiency, high power niche of the battery market.

Estonia 186
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Toyota’s diesel line-up in Western Europe to be made compatible with HVO100 diesel fuel

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Both the Land Cruiser and Hilux will join the Proace family of light commercial vehicles in being compatible with HVO100 diesel. HVO100 fuel pumps are becoming more common at filling stations in Europe, with around 1,000 already in use across Belgium, Denmark, Finland, Estonia, Latvia, Lithuania, Netherlands, Norway and Sweden.

Diesel 186
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Nissan has more than 550 electric taxis on European roads

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With more than 550 electric taxis on European roads, Nissan is now Europe’s best-selling manufacturer of 100% electric taxis. In Estonia, it has been reported that a Nissan LEAF owned by taxi company, Elektritakso, has clocked up more than 218,000 kilometres (135,459 miles) on its original battery pack. Green Lite Taxi Kft.,

Taxi 150
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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

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Under an agreement in principle, subject to completion of definitive agreements, Colorado-based Energy Fuels will process natural monazite sands into an RE Carbonate beginning in March or April 2021 and ship a portion of that production to Neo’s rare earth separations facility in Sillamäe, Estonia (Silmet).

Energy 186