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Hexagon Purus to acquire 40% stake in Cryoshelter’s liquid hydrogen storage business

Green Car Congress

The transaction contemplates a split of Cryoshelter into separate legal entities for the liquid hydrogen and liquid natural (renewable) gas businesses, enabling Hexagon Purus’ direct investment in early-stage liquid hydrogen tank technology. Key terms and structure of the transaction: Initial investment of €3.5

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In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud – ET Auto

Baua Electric

Tesla videos demonstrating the technology that remain archived on its website say: “The person in the driver’s seat is only there for legal reasons. In 2008, a federal appeals court ruled that statements of corporate optimism alone do not demonstrate that a company official intentionally misled investors.

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Iran, Iraq, Syria sign $10B gas pipeline deal

Green Car Congress

Three working groups will begin examining the technical, financial, and legal aspects of the project, which has been under discussion since 2008. Separately, the Iranian deputy minister of industry and mines said the country will begin a pilot natural gas to gasoline project in Tehran to produce gasoline “for a 3-month trial”.

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Alcoa splitting into two companies; expecting 2.4x increase in automotive revenues to $1.8B in 2018

Green Car Congress

After the separation, the Upstream Company will be a cost-competitive industry leader in bauxite mining; alumina refining; and aluminum production. EBITDA margins for the value-add portfolio have increased from 8% in 2008 to 15% in 2015 on a pro-forma basis for the twelve months through 30 June 2015. in 2008 to 20.9%

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California Dump Truck Owners Association sues ARB to overturn Truck Bus emissions rule

Green Car Congress

The California Dump Truck Owners Association (CDTOA) is suing the California Air Resources Board (ARB), challenging the legality of ARB’s Truck and Bus Regulation. In 2008, ARB adopted the Statewide Truck and Bus rule, which came into effect on 1 January 2011. Earlier post.). The lawsuit, California Dump Truck Owners Association v.

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Daimler balks at use of low GWP R-1234yf refrigerant, citing new internal safety findings; wants to continue using R-134a

Green Car Congress

Over the last several years, the automotive industry has been tracking to replace the mobile air conditioning (MAC) refrigerant R-134a, which has a global warming potential (GWP) of 1,430, with the lower-GWP refrigerant R-1234yf (GWP = 4). The company stated that it therefore wishes to continue to use R-134a refrigerant in its vehicles.

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The Case for Nuclear Cargo Ships

Cars That Think

The shipping industry has been trying to cut its carbon emissions for years, and with little to show for it. The industry now faces serious pressure to pick up the pace. body that governs the industry, representatives doubled down on carbon-reduction ambitions, setting a net-zero emissions goal for 2050.