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Sumitomo Corporation of Americas makes strategic investment in hydrogen fuel provider OneH2

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Sumitomo Corporation of Americas (SCOA), the largest subsidiary of Sumitomo Corporation, one of the world’s largest traders of goods and services, has invested in OneH2, a hydrogen fuel company headquartered in Longview, North Carolina.

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Cabot Corporation to open new battery application technology center in Europe

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Cabot Corporation plans to establish a new technology center in Münster, Germany. Cabot has commercial sales with the top global battery producers and these innovations have further enabled Cabot to build strong partnerships with battery producers.

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Fukushima Hydrogen Energy Research Field (FH2R) completed in Japan; aiming for low-cost green hydrogen production; P2G

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Japan’s New Energy and Industrial Technology Development Organization (NEDO), Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), Tohoku Electric Power Co., Hydrogen produced at FH2R will also be used to power stationary hydrogen fuel cell systems and to provide for the mobility devices, fuel cell cars and buses, and more.

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Cummins & Sinopec launch JV to produce and promote green hydrogen technologies in China

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and China Petrochemical Corporation (Sinopec Group) have formed a 50:50 joint venture: Cummins Enze (Guangdong) Hydrogen Technology Co., The joint venture will accelerate the affordability and availability of green hydrogen through increased technological innovation, research and development, and manufacturing capacity. Cummins Inc.

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XL Fleet going public via merger with SPAC Pivotal Investment Corporation II; expanding fleet portfolio to all-electric solutions

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XL Fleet and Pivotal Investment Corporation II, a publicly traded special purpose acquisition company (SPAC), have recently entered into a definitive merger agreement. XL has strong demand momentum with a $220-million 12-month sales pipeline and forecasted revenue of more than $21 million in 2020 and $75 million in 2021.

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Rosatom and EDF Group partner to develop green hydrogen in Russia and Europe

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Russian Rosatom State Atomic Energy Corporation and the EDF Group signed a strategic cooperation agreement in March 2021 to develop green hydrogen in Russia and Europe. —Kirill Komarov, First Deputy Director General for Corporate Development and International Business at Rosatom. million customers, 28.1

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Honda targeting annual sales of 70,000 for electric Prologue SUV in 2024

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Honda announced an initial annual sales target of 70,000 units for the Prologue SUV, Honda’s first new volume battery-electric vehicle (BEV), when it goes on sale in 2024. This will take Honda to anticipated sales of 500,000 BEVs by 2030, and ultimately leading to 100% zero emission vehicles sales in North America by 2040, Honda said.

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