article thumbnail

BYD, Toyota to establish joint company for battery-electric vehicle research and development

Green Car Congress

BYD Company Ltd. and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). Additionally, BYD and Toyota plan to staff the new company by transferring engineers and the jobs currently involved in related R&D from their respective companies.

BYD 283
article thumbnail

Hyliion and Tortoise Acquisition to merge, combined company to remain listed on NYSE

Green Car Congress

Class 8 electric powertrain company Hylion intends to merge with Tortoise Acquisition Corp. NYSE: SHLL), a publicly traded special purpose acquisition company with a strategic focus on the energy sector and decarbonizing commercial transportation in North America. billion, at the $10.00 exercise their redemption rights.

Companies 220
article thumbnail

13 Japanese automakers and energy companies join forces to support rollout of hydrogen fuel cell vehicles in 2015

Green Car Congress

A coalition of 13 major Japanese automakers and energy companies—including Toyota, Honda and Nissan—are joining together to expand the introduction of hydrogen fuel cell vehicles (FCVs) in 2015 and develop the hydrogen supply network throughout Japan. Honda Motor Company, Ltd.; Cosmo Oil Company, Ltd.;

2015 285
article thumbnail

Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

Green Car Congress

CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation. since 2015. Canada-based Carbon Engineering Ltd. (CE)

Chevron 351
article thumbnail

ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

article thumbnail

WinGD and HSD Engine collaborate to deliver methanol-fueled two-stroke engines

Green Car Congress

Swiss marine power company WinGD and Korean engine builder HSD Engine have initiated a Joint Development Project (JDP) to advance the development of WinGD’s methanol-fueled big-bore engines. In November 1990, Sulzer established its Diesel Engine & Diesel Power Plant Division as a separate company, New Sulzer Diesel Ltd.

Engine 370
article thumbnail

TDK company TPI and Uhnder to deliver world-class localization with digital imaging radar for autonomous platforms

Green Car Congress

TPI), a TDK Group Company and leader in inertial navigation software, and Uhnder, a leader in digital radar technology have partnered to develop a localization reference design with world-class accuracy and performance with Uhnder’s software-defined digital radar sensor and TPI’s AUTO positioning software. Trusted Positioning Inc.

Companies 221