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Hyundai Motor expands partnership with US Government to support further exploration of hydrogen fuel cell technologies

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Hyundai Motor Company is expanding its partnership with the US Department of Energy (DOE) and its support of the DOE Hydrogen and Fuel Cells Program. Euisun Chung, Executive Vice Chairman of Hyundai Motor Group and Under Secretary of Energy Mark W. Kia Motors Corp. Hyundai provided its first NEXO SUV to the DOE in 2019.

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Hyundai Motor Group to invest $7.4B in US by 2025 for EVs, smart mobility, enhanced production

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Hyundai Motor Group (HMG), which includes Hyundai Motor Company and Kia Corporation, plans to invest $7.4 billion in the US by 2025 to produce future EVs, enhance production facilities and further its investments in smart mobility solutions. This included the installation of a hydrogen refueling station and providing NEXO SUVs.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

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At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 Production. The proportion of global EV production is set to increase from 8% this year to 34% in 2030. trillion (US$27.8

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Polestar taking production orders for Polestar 2 electric fastback

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Polestar, the electric performance car brand jointly owned by Volvo Car Group and its parent Zhejiang Geely Holding, is open to take production orders for the Polestar 2 electric fastback. At introduction, the Polestar 2 will feature a 300 kW long-range dual motor with a 78 kWh battery pack (in 27 modules). Earlier post.).

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Proterra to supply battery systems for minimum of 600 Vicinity Motor electric transit buses and work trucks through 2024

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Vicinity Motor, a North American supplier of commercial electric vehicles, and Proterra announced a new collaboration to power Vicinity’s electric transit buses and work trucks with Proterra’s battery technology. The Proterra Powered Vicinity Lightning vehicle is expected to begin production in the third quarter of 2022.

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Nel to invest up to $400M in electrolyzer plant in Michigan

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The announcement was made at the SelectUSA Investment Summit in Washington with Department of Commerce Secretary Gina Raimondo, and the Governor of Michigan, Gretchen Whitmer. Nel’s CEO, Håkon Volldal said that the short distance to General Motors, headquartered in Detroit, played a decisive role in the choice of state.

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Universal Hydrogen completes first taxi tests; granted experimental airworthiness certificate by FAA; Air New Zealand agreement

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The powertrain is in a configuration that closely resembles the company’s first product—a conversion kit for ATR 72-600 regional airliners—which is expected to be certified and in commercial passenger service starting in 2025.