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Daimler Truck and Toyota to partner on advanced technologies, merge Mitsubishi Fuso and Hino Motors

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Daimler Truck Holding AG, Mitsubishi Fuso Truck and Bus Corporation (MFTBC), Hino Motors Ltd. Hino) and Toyota Motor Corporation concluded a Memorandum of Understanding (MoU) on accelerating the development of advanced technologies and merging MFTBC and Hino.

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Mitsubishi introducing PHEV version of redesigned Eclipse Cross; 2nd MMC PHEV on market

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Mitsubishi Motors Corporation (MMC) released a first look at the redesigned Mitsubishi Eclipse Cross, the next step in the company’s commitment to delivering a showroom full of new and extensively redesigned vehicles in the United States by the second quarter of 2021. The redesigned Eclipse Cross will debut in Q1 of 2021.

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Nidec to acquire Mitsubishi Heavy Industries Machine Tool to support push into EV drives; E-Axle

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Nidec Corporation’s Board of Directors approved a resolution to acquire the shares of Mitsubishi Heavy Industries Machine Tool Co., a company that designs, manufactures, and sells machine tools, cutting tools, and related products. The company has top market share in Japan with this product.

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Mitsubishi Fuso to deliver 20 eCanter trucks to Australia Post

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Mitsubishi Fuso Truck and Bus Corporation will deliver 20 units of the all-electric eCanter truck to the Australia Post fleet. MFTBC manufactures a range of commercial vehicles including light-, medium-, and heavy-duty trucks and buses, and industrial engines for more than 170 markets worldwide. hours to fully recharge.

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Electrolyzer company Hystar raises US$26M to scale up to full commercial operations

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Hystar AS, a Norway-based electrolyzer company, announced a Series B funding round of US$26 million to support the scale-up to full commercial operations with an automated GW-capacity production line by 2025. The round was co-led by AP Ventures and Mitsubishi Corporation.

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Renault-Nissan-Mitsubishi Alliance invests in Enevate to advance Si-dominant Li-ion battery technology for EVs

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Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, has invested in the latest round of funding in Enevate Corporation, an advanced lithium-ion (Li-ion) battery technology company based in Irvine, California. Earlier post.).

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DOE to award Enovix Corporation $3.2M for work on EV battery with silicon anode

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The project is designed to conduct research in advanced batteries and manufacturing in support of DOE’s Energy Storage Grand Challenge—a comprehensive strategy to create and sustain US global leadership in energy storage technology, utilization and exports. Earlier post.).