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Mercedes-Benz joins Automotive Cells Company (ACC) as future equal shareholder; third gigafactory slated for Italy

Green Car Congress

The partners have committed to increase ACC’s industrial capacity to at least 120 GWh by 2030. In addition, ACC’s industrial footprint will be enriched by a third production site in Termoli, Italy. Stellantis brings industrialization expertise to the joint venture through its brand diversity, size and global footprint.

Italy 319
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BorgWarner acquires Italy-based EV charging industry

Baua Electric

As BorgWarner grows its portfolio of e-products, it’s concentrated on the derivative of its gasoline portions and aftermarket industry, renamed Phinia, to be carried out by way of July 3. The post BorgWarner acquires Italy-based EV charging industry appeared first on Bauaelectric Auto News.

Italy 52
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Stellantis invests in Italy to boost electrified vehicle production

Electric Cars Report

Global automotive giant Stellantis N.V. today announced two additional major initiatives within its Italian industrial footprint aimed at further driving the Company’s transformation of its global electrification value chain and supporting its aggressive decarbonisation targets.

Italy 134
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FPT Industrial to power the first LNG trucks on India’s roads

Green Car Congress

FPT Industrial, the global powertrain brand of Iveco Group, and Blue Energy Motors , headquartered in Pune, India, and engaged in the manufacturing of clean energy trucks, have signed an agreement to introduce the first Liquified Natural Gas (LNG) trucks powered by FPT 6.7-liter liter engines on Indian roads by the end of 2022.

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BorgWarner acquires EV charging industry in Italy for roughly $80 million

Baua Electric

As BorgWarner grows its portfolio of e-products, it’s focused on the derivative of its gasoline portions and aftermarket industry, renamed Phinia, to be performed through July 3. The post BorgWarner acquires EV charging industry in Italy for roughly $80 million appeared first on Bauaelectric Auto News.

Italy 52
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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual Report 2022 by the International Group of Liquefied Natural Gas Importers ( GIIGNL ). Global LNG export capacity has increased by 29%, or 14.0

Global 259
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas.

Gas 243