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Allkem and Livent to merge to create $10.6B lithium producer, one of world’s largest

Green Car Congress

Australia-based Allkem and US-based Livent announced a definitive agreement to combine in an all-stock merger of equals valuing the combined company at US$10.6 billion (A$15.7 billion and adjusted EBITDA of approximately US$1.2

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ASX and Spirit AeroSystems partner to develop affordable eVTOL aircraft for mass production

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Airspace Experience Technologies ( ASX ), an aviation technology start-up, and Spirit AeroSystems, a global aircraft design and manufacturing company, have signed a memorandum of understanding and a definitive agreement to cooperate on creation of affordable, certified all-electric, vertical take-off and landing (eVTOL) aircraft.

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Ballard announces definitive agreements with Azure Hydrogen for China fuel cell bus program; next-gen FCvelocity-HD7 module

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Further to the MOU announced on May 28 ( earlier post ), Ballard Power Systems has signed multi-year definitive agreements to support Azure Hydrogen’s fuel cell bus program for the China market. Government of Canada which helps commercialize Canadian clean technologies, readying them for growth and export markets.

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Archer taps FCA to accelerate eVTOL production

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Archer, a manufacturer of electric vertical takeoff and landing (eVTOL) aircraft, and Fiat Chrysler Automobiles (FCA) have entered into a definitive agreement to enable Archer to benefit from access to FCA’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience. trillion by 2040.

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Next Fuel, Inc. signs definitive agreement to field test coal-to-gas technology in China; Chinese partner makes strategic investment

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The two companies also agreed to negotiate a strategic arrangement for the entire China market, if field tests are positive. If the field tests are successful, the parties intend to negotiate a definitive long term license agreement. Next Fuel, Inc., Field testing is scheduled to begin by the end of July 2011.

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FREYR and 24M sign licensing and services agreement for mass production of Li-ion battery cells; Glencore for raw materials

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FREYR AS and 24M Technologies signed a definitive License and Services Agreement to use 24M’s SemiSolid lithium-ion battery platform technology ( earlier post ) in FREYR’s planned facilities in Mo i Rana, Norway. We are now in the process of accelerating and increasing our ambitions to scale up production for all relevant market segments.

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Murata and Michelin co-develop embeddable RFID module for tires

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This simple yet elegant technology delivers low-cost and easy tire traceability throughout its entire lifespan, enabling the management of inventory logistics, aftermarket maintenance, and recycling operations. As the technology is also available, from now on, to any other tire manufacturer, this shall foster market adoption.