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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

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Ten leading German corporations are jointly founding the Quantum Technology and Application Consortium ( QUTAC ). Specifically, applications for the technology, chemical and pharmaceutical, insurance and automotive industries are to be brought to market maturity. QUTAC’s vision is to drive such a quantum computing ecosystem.

BMW 221
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Current issue of fka/Roland Berger E-mobility Index drops US to 4th place

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The index—now in its tenth year—facilitates a comparison of competitive positions of the relevant automotive nations (the US, Germany, China, France, Italy, Japan and South Korea) in the field of e-mobility, based on an objective assessment of those countries in three key areas: technology, market and industry.

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Study finds global oil demand likely to grow despite pandemic, climate policies

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Columbia University’s Center on Global Energy Policy and the University of California, Davis Institute of Transportation Studies analyzed four scenarios to understand how COVID-19 and other political, economic, social and technological drivers may impact transportation activity and global oil demand.

Oil 259
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Valence Considering Building Battery Plant in US or Europe

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Lithium-ion battery company Valence Technology Inc. is considering building a battery plant in the US or Europe and will look into the possibility of funding from the economic stimulus package proposed by President Barack Obama. Valence is also very focused on the developing hybrid and electric vehicle market in Europe.

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Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes

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Novolyte Technologies, a leading manufacturer and supplier of specialty electrolyte materials for lithium-ion battery and energy storage applications, high performance solvents and other specialty chemicals, has signed a definitive agreement with Foosung Co., Foosung Co., Novolyte received in 2009 a $20.6-million

Li-ion 186
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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. North America is the leading market for this technology, with hybrids capturing 30% to 40% of annual transit bus sales.

2018 276
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Pike Research forecasts surge in investment and growth in advanced biorefineries through 2022

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United States, Brazil, and Europe—at 34.6 Growth in advanced biorefinery infrastructure will be moderate through 2015 as new commercial facilities seek to demonstrate viability at scale and government support retreats from post-stimulus highs across the United States, Europe, and China. advanced biorefineries, Pike says.

Brazil 236