article thumbnail

Frontier Lithium surges on JV with Mitsubishi for Canadian operations – ET Auto

Baua Electric

Frontier Lithium has formed a joint venture with Japanese trading house Mitsubishi to help advance lithium mining and processing in Ontario, sending the Canadian miner’s shares up 15% on Monday. Mitsubishi will buy a 7.5% Representative image. Frontier shares were trading at C$1.06

article thumbnail

Shipping industry companies launch new zero-carbon shipping research center

Green Car Congress

Møller - Mærsk, Cargill, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Lines and Siemens Energy. Furthermore, the founding partners will donate expert people resources and/or testing platforms to support the operations. The founding company partners behind this initiative are ABS, A.P.

article thumbnail

Danish Parker project developing universal definition for EV integration with electric grid for V2G services

Green Car Congress

Nissan, Mitsubishi Corporation, Mitsubishi Motors Corporation, PSA Groupe, NUVVE, Frederiksberg Forsyning, Enel, Insero and DTU (Technical University of Denmark) Electrical Engineering (PowerLabDK) are partnering in the Danish project Parker to develop a universal definition for grid integration for electric vehicles.

Grid 231
article thumbnail

FCA proposes 50:50 merger with Groupe Renault

Green Car Congress

Groupe Renault also has a well-established and profitable financing business (RCI Banque). Geographically, based on FCA and Groupe Renault’s 2018 global sales, the combined company would be #4 in North America, #2 in EMEA and #1 in Latin America and would have the increased resources necessary to grow its footprint in the APAC region.

article thumbnail

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

Green Car Congress

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. DiDi and SoftBank also plan to set up a joint venture in Japan.

Taxi 186
article thumbnail

SGL Group and BMW Group Establish Carbon Fiber-Joint Venture; BMW Will Use Output in the Megacity Vehicle

Green Car Congress

This material will help to reduce CO 2 emissions and save natural resources. Carbon fibers and fabrics will be manufactured with careful consideration to environmental resources, the partners said. BMW Group will use its favorable access to the capital markets to ensure the funding of the debt financing for the joint venture.

article thumbnail

IEA/OECD Report Concludes Nuclear Power Could Provide 24% of Global Electricity by 2050

Green Car Congress

Mitsubishi Heavy APWR, 1,500MW. Financing the construction of new nuclear plants is expected to be a major challenge in many countries. The industrial capacities and skilled human resources necessary to build, operate and maintain nuclear plants will also need to be increased over the next few years if nuclear is to expand rapidly.

Global 210