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POSCO begins construction of S Korea’s first lithium hydroxide plant

Green Car Congress

POSCO Pilbara Lithium Solution, a wholly-owned subsidiary of POSCO Holdings, will be responsible for the financing, construction, and operation of the plant. A pilot plant was manufactured in South Korea in 2017 with a capacity of 2,500 tons / year of lithium; this was then brought to and installed in Argentina. Earlier post.)

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Volkswagen picks up pace of transformation with new ACCELERATE strategy

Green Car Congress

With our strategy we will ACCELERATE towards the digital future. Future vehicle generations will be produced with a much small number of versions. Volkswagen has earmarked around €16 billion for investment in the future trends of e-mobility, hybridization and digitalization up to 2025. Increasing profitability.

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Ballard and HDF Energy sign development agreement for multi-megawatt fuel cell systems

Green Car Congress

In the initial HDF Energy project, an installation is planned in French Guiana, an overseas department and region of France located off the northern Atlantic coast of South America, under the Centrale Electricité de l’Ouest Guyanais (CEOG) project.

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Ford CEO Fields elected to IBM Board of Directors

Green Car Congress

He is leading Ford into a future where cars are not only vehicles, but increasingly becoming mobile technology platforms. In 2014, he became president and chief executive officer and was elected to the company’s board of directors, where he serves on the board’s finance committee. —Ginni Rometty, IBM chairman, president and CEO.

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Navistar to take stake in Brazilian bus builder Neobus; to partner on fully integrated commercial buses for the Americas

Green Car Congress

Working together, we can bring value to customers with an integrated solution for commercial bus markets in South America and North America. Finalization and execution of the binding Definitive Agreements are expected in the near future. Another affiliate offers financing services.

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Volkswagen Group’s profits dropped 20% in Q1, but it remains confident in hitting 2024 targets

Baua Electric

In terms of overall sales, Asia-Pacific saw 2% growth while South America recorded record numbers, up 19% year over year. That said, sales in North America were down 10%, followed by the rest of the world at 5%, for a grand total of 2.1 It remains the Group’s goal to continue its solid financing and liquidity policy.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

However, the report notes, renewable energy price improvements are not universal, and costs range widely according to resources and the availability of financing. These technologies will become more cost-competitive in future, especially where low-cost financing is available. Cape Wind will not lead the US energy revolution. .

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