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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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Deloitte’s outlook provides extensive detail into the cost, production, and market of hydrogen, even analyzing the business challenges facing the successful implementation of clean hydrogen, and providing insights into various market dynamics, such as optimal infrastructure sizing, investment needs, and technology choices.

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DiDi partners with SoftBank in Japan for platform services for taxi industry, launches open new energy car-sharing platform

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DiDi and SoftBank also plan to set up a joint venture in Japan. Both partners believe DiDi’s deep learning-based demand prediction and smart dispatch systems, combined with SoftBank’s local resources and expertise, will help Japan’s taxi operators further optimize taxi ride-hailing services and increase passenger convenience.

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Ford CEO Fields elected to IBM Board of Directors

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His knowledge and insights in running a complex global business will make a significant contribution to IBM. 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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UCLA, UC Davis host world conference on electric vehicles and cities prior to EVS26

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The one-day conference brings together more than 300 government leaders, business executives and nonprofit directors from a variety of countries, including Australia, China, England, France, Japan, Germany, the Netherlands, Portugal, Sweden, Spain and the United States.

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Musashi appoints Naoya Nishimura as CEO for India, Africa region – ET Auto

Baua Electric

Naoya Nishimura as CEO for India, Africa region New Delhi: Musashi Auto Parts India Pvt Ltd (Musashi), a 100% owned subsidiary of Musashi Seimitsu Industries, Japan, and a manufacturer of two-wheeler and four-wheeler transmission components in India, has appointed Naoya Nishimura as its Chief Executive Officer (CEO).

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Murugappa Group arm-led JV to invest INR 7,600 cr to build OSAT facility in Gujarat – ET Auto

Baua Electric

The project will be financed through a mix of subsidies, equity, and potential bank borrowings as required, a press release said. Renesas, a leading semiconductor company headquartered in Japan, will provide advanced semiconductor technology and expertise. The JV plans to invest INR 7,600 crore in five years. The JV will be 92.3%

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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New financing has also been announced to eliminate high emissions vehicles in key regions which should give some support to boost to truck sales, all else being equal. For major truck producers in Japan and South Korea , most have been forced to suspend operations due to reported parts shortages, resulting in 8,000 units of lost production.

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