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ZEEP to purchase Eastman TXE gasification project in Texas; Coke to H2 and CO2

Green Car Congress

ZEEP ) has entered into a definitive agreement with Eastman Chemical Company Investments, Inc., a subsidiary of Eastman Chemical Company, to purchase all of the membership interests of TX Energy, LLC (TXE). Zero Emission Energy Plants Ltd. Zero Emission Energy Plants Ltd.

CO2 199
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Chevron, Gevo to pursue sustainable aviation fuel investment; inedible corn feedstock

Green Car Congress

The LOI also contemplates the issuance of warrants to Chevron to purchase up to 15 million shares of Gevo common stock at an exercise price equal to the 90-day volume weighted average price of the common stock at the time of the announcement of the LOI, not to be lower than $8.50 The new facilities would also produce proteins and corn oil.

Chevron 186
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Lightning eMotors introduces new generation 4 Lightning Electric Transit Class 3 Van; battery-electric and fuel cell electric variants

Green Car Congress

The Gen 4 model achieves 61 MPGe on certified dyno testing, compared to 13 MPG for the gasoline version. Vehicles purchased by fleets in California are eligible for special funding via the California Air Resources Board (CARB) Hybrid and Zero Emission Truck and Bus Voucher Incentive Project (HVIP).

Batteries 448
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Gevo enters into long-term supply agreement for renewable isooctane with HCS Group: worth up to $180M

Green Car Congress

and HCS Group have entered into a long-term, definitive, binding and bankable renewable isooctane purchase and sale agreement. Gevo is a next-generation low-carbon fuel company focused on the development and commercialization of renewable alternatives to petroleum-based products.

Renewable 170
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PSA Peugeot Citroën and General Motors to co-develop three common vehicle platform projects; launch of vehicles expected in 2016

Green Car Congress

PSA Peugeot Citroën (PSA) and General Motors have signed definitive agreements related to three of initial vehicle projects as well as to the purchasing joint venture as part of the execution of their Global Strategic Alliance. Creation of purchasing joint venture. Earlier post.). This is still subject to anti-trust approvals.

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Porsche Declares 911 Hybrid Development Successful

The Truth About Cars

Porsche has definitely enjoyed some amount of success with hybrids. The company recently had to stop selling the gasoline-powered 718 and Macan inside the European Union due to the models lacking the latest electronic nannies mandated by the government and presumably doesn’t want to have to do something similar over emission requirements.

Porsche 105
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GM and PSA Peugeot Citroën provide update on their global strategic alliance; new generation of 3-cylinder engines

Green Car Congress

Steve Girsky, GM Vice Chairman, and Philippe Varin, Chairman of the PSA Peugeot Citroën Managing Board said that the final agreements concerning purchasing, logistics and the development of common vehicle projects were signed in line with the initially announced schedule. Earlier post.). Earlier post.)

GM 225