article thumbnail

Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

Green Car Congress

Total corporate funding (including venture capital funding, public market, and debt financing) for the energy storage, smart grid, and energy efficiency sectors in 2022 was up 63% with $31.7 Corporate funding for energy storage, smart grid, and energy efficiency companies. billion compared to $19.5 billion in 2021. Energy Storage.

article thumbnail

ABN AMRO bank new partner in KLM’s Corporate BioFuel Program for biojet fuel

Green Car Congress

The ABN AMRO bank has become the 12 th partner in KLM’s Corporate BioFuel Program. Corporations participating in the KLM program pay a surcharge that covers the price difference between sustainable biofuel and conventional aviation fuel.

article thumbnail

Komatsu develops hydrogen fuel cell excavator with Toyota systems

Green Car Congress

In its mid-term management plan, Komatsu committed to minimizing environmental impact through its business, targeting a 50% reduction in CO 2 emissions from use of its products and production of its equipment by 2030 (compared to 2010 levels) and a challenge target of achieving carbon neutrality by 2050.

Hydrogen 418
article thumbnail

GM names LG Chem Supplier Corporation of the Year

Green Car Congress

GM selected LG Chem, its provider of battery cells for the Chevrolet Volt, as the Supplier Corporation of the Year in the 19 th annual Supplier of the Year awards. The Supplier of the Year awards recognize the contributions of GM’s suppliers in 2010 as part of the company’s global product and performance achievements.

article thumbnail

Toyota commissions Yamaha to develop hydrogen-fueled 5.0L V8; follow-on from Nov 2021 announcement

Green Car Congress

Toyota Motor Corporation has commissioned Yamaha Motor to develop a 5.0-liter Teaming up with companies with different corporate cultures and areas of expertise as well as growing the number of partners we have is how we want to lead the way into the future. liter V8 engine for automobiles that is fueled entirely by hydrogen.

Hydrogen 448
article thumbnail

Volvo Car led CO2 reductions among European automakers in 2010 due partly to diesel success

Green Car Congress

2010 Fleet-average weight and fleet-average CO 2 emissions by carmaker, compared with EU target line. Europe’s eight largest carmakers cut their CO 2 emissions by an average of 2% to 6% in 2010. in 2010, and today the average figure for new cars sold in Europe is 140 grams per kilometer. Source: T&E. Click to enlarge.

2010 239
article thumbnail

Volvo Car Corporation introducing start/stop technology in cars with automatic transmissions

Green Car Congress

Volvo Car Corporation is introducing start/stop technology in cars equipped with an automatic transmission. —Peter Mertens, Senior Vice President Research and Development at Volvo Car Corporation. The new start/stop technology, which initially is available together with the 2.0-liter liter less fuel consumption per 100 km.