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Electric commercial vehicle company SEA Electric raises $42M; partnership with Exro

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SEA Electric was founded in Australia in 2012, with a proprietary electric power-system technology (known as SEA-Drive) for the world’s urban delivery and distribution fleets. The company forecast is to have more than 15,000 vehicles on the road by the end of 2023. SEA-Drive 120b Power-System.

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Battelle-R&D Magazine forecast predicts 5.2% growth in 2012 global R&D spending to $1.4+T, largely driven by Asian economies; US companies and tech providers to boost energy R&D spending by 23.1% to $6.7B

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Global R&D spending 2011. Source: 2012 Global R&D Funding Forecast. The Battelle-R&D Magazine annual Global R&D Funding Forecast concludes that global research and development (R&D) spending will grow by about 5.2% in 2012 to more than $1.4 billion in R&D in 2012, up 3.75% over 2011. Click to enlarge.

2012 277
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Toshiba ESS and Echandia to explore developing marine fuel cell systems market

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Going forward, the two companies will explore technical collaboration to develop a pure hydrogen fuel cell system, which will be equipped with Toshiba ESS’ hydrogen fuel cells, for marine applications suitable for long time continuous operation. of global anthropogenic emissions.

Mariner 210
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Copenhagen Infrastructure Partners acquires majority stake in blue ammonia project in the Gulf Coast

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The project has entered into an agreement with International-Matex Tank Terminals (IMTT), a terminaling and logistics company, to provide ammonia storage and handling services. CIP will accelerate its role in the global energy transition and aim to have €100 billion under management in green energy investments in 2030.

Wind 199
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Ford builds 2-millionth EcoBoost engine, with take rates growing globally; expected to exceed Ford’s global diesel production

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Ford Motor Company reported that it has built its two-millionth EcoBoost engine since the launch of the line in 2009. With customer demand exceeding its initial projections, Ford now expects EcoBoost production to exceed its global diesel engine production. million for 2013, up more than 60% from 2012. Global take rates.

Global 230
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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. Menezes announced the expansion of the partnership between Hyundai Motor Company and the US Department of Energy (DOE) for its support of the DOE Hydrogen and Fuel Cells Program.

Hyundai 448
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Copersucar & Eco-Energy join ethanol operations to become the largest biofuel marketer in the world; 12% global market share

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Eco-Energy, a biofuel marketer and logistics company in North America, and Copersucar, the largest sugar and ethanol trader in Brazil, are joining their ethanol operations. With this partnership, Copersucar and Eco-Energy offer global supply capacity of 2.6 billion gallons (10 billion liters) of ethanol per year. billion gallons (4.8

Market 218