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SK makes strategic investment in clean hydrogen company Monolith; “cyan hydrogen”

Green Car Congress

SK Corp, the holding company of SK Group, has made a strategic investment in Monolith , a US company that has developed a plasma-based process to produce “cyan” hydrogen—between green (via electrolysis using renewable energy) and blue (conversion of methane accompanied by CO 2 capture and storage). The Monolith process.

Hydrogen 468
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Solid-state battery company Quantumscape to list on NYSE; $3.3B valuation

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a special purpose acquisition company (SPAC), announced a definitive agreement for a business combination that would result in QuantumScape becoming a publicly listed company. Ten years ago, we embarked upon an ambitious goal that most thought was impossible. Transaction overview. billion pro forma enterprise value.

Companies 468
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Evonik invests in Chinese graphene company SuperC

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Specialty chemicals company Evonik has invested in battery specialist SuperC. The Chinese company is a provider of graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries. The company’s materials are already used in products from leading Chinese battery manufacturers.

Chinese 279
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Mitsubishi Heavy invests in Monolith Materials to support clean hydrogen production

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Olive Creek 1 in Hallam, Nebraska is Monolith Materials’ first commercial-scale emissions-free production facility designed to produce approximately 14,000 metric tons of carbon black annually along with clean hydrogen. Monolith Materials is the first US manufacturer to produce “turquoise hydrogen” on a commercial scale. Monolith process.

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HaaS company Hydra Energy delivers first converted hydrogen-diesel co-combustion heavy-duty truck; up to 40% hydrogen

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Lodgewood Enterprises, a full service short- and long-haul trucking company based out of Prince George, British Columbia, received the initial truck marking the first of 12 semi-trucks to be converted with Hydra’s fully reversible, hydrogen-diesel conversion kit at no cost to Lodgewood. Hydra’s technology has been in development since 2012.

Hydrogen 397
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Brussels plant kicks off production for the new Audi Q8 e-tron

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The first Audi Q8 e-tron drove off the production line at the Brussels plant yesterday, 14 December, marking the beginning of an era for the new top model in Audi’s electric SUV range. The plant has been a model for sustainable production since the production of the Audi e-tron began.

Audi 195
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Monolith to collaborate with Goodyear on carbon black for its tire production; methane pyrolysis

Green Car Congress

Monolith , a leader in clean carbon black production, signed a collaboration agreement and letter of intent (LOI) with The Goodyear Tire & Rubber Company, one of the world's largest tire companies. Carbon black is an essential material found in countless everyday products, but perhaps most notably in tires.

Carbon 221