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LG Electronics and Magna enter JV agreement to expand in powertrain electrification market

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LG Electronics and Magna International announced a joint venture (JV) to manufacture e-motors, inverters and on board chargers and, for certain automakers, related e-drive systems to support the growing global shift toward vehicle electrification.

Market 186
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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

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The United States is the third-largest electric vehicle (EV) producer behind China and Europe; a new study from the International Council on Clean Transportation (ICCT) finds that the gap has widened. Based on company announcements through 2020, about 5% of this global total is actively being invested in local US assembly plants.

Global 397
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Denmark, Norway, and US to lead Zero-Emission Shipping Mission

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The governments of Denmark, Norway, and the United States, along with the Global Maritime Forum and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, will lead a new Zero-Emission Shipping Mission as part of Mission Innovation. The objective is to help move clean energy solutions from lab to market.

Denmark 342
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Mercedes-Benz Cars tripled global sales of xEVs in 2020; 7.4% of sales

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Our internal forecasts for 2020 indicate that we will have achieved the European CO 2 targets for passenger cars last year. With sales of 2,164,187 units (-7.5%), Mercedes-Benz maintained a leading global position compared with its core competitors. We more than tripled sales of our plug-in hybrids and all-electric cars.

Mercedes 301
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Group14 Technologies and SK materials form JV to build plant for lithium-silicon battery materials

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Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, and SK materials, one of the world’s top manufacturers of special gases and industrial gases, are forming a joint venture to build a factory for lithium-silicon battery materials in South Korea.

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Doosan to develop Ceres-based SOFC system for ships

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Ltd has signed a Memorandum of Understanding for the joint development of a solid oxide fuel cell (SOFC) system for marine propulsion and power generation with Navig8, a Singapore-based major shipping company which operates 140 chemical and oil tankers globally. Doosan Fuel Cell Co., Earlier post.).

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IDTechEx: NiMH batteries still dominant in full hybrids, largely due to Toyota

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While the lithium-ion battery is dominant in battery-electric vehicles, NiMH batteries are still the most common in full hybrid vehicles (HEVs), according to a new report—“ Full Hybrid Electric Vehicle Markets 2021-2041 ”—from IDTechEx. Toyota is the ruling OEM in the global HEV car market, with more than 60% market share in 2019.

NiMH 412