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Bharat Forge executes allotment of INR 125cr non-convertible debentures – ET Auto

Baua Electric

By adhering to regulatory guidelines and maintaining transparency, Bharat Forge said that it reaffirms its commitment to corporate governance and stakeholder confidence. The successful issuance of NCDs underscores the confidence investors place in Bharat Forge’s robust business model and its potential for sustained value creation.

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Toyota continues prepare the market for fuel cell vehicle in 2015

Green Car Congress

Toyota Motor continues to lay the foundation for the introduction of its production fuel cell hybrid vehicle in 2015; the company began work on fuel cell technology in 1992. For a full-scale market launch in 2015, the cost of the fuel cell system will be 95% lower than that of the 2008 Toyota FCHV-adv, Tanaka said. (A Click to enlarge.

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6 new corporate partners join the National Clean Fleets Partnership

Green Car Congress

Six new corporate partners have joined the National Clean Fleets Partnership. General Electric has committed to convert half of their global vehicle fleet and will partner with fleet customers to deploy a total of 25,000 electric vehicles by 2015. Earlier post.)

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Wärtsilä to deliver first dedicated methanol fuel supply system for ships

Green Car Congress

© Wärtsilä Corporation. The newbuild Wärtsilä 32 Methanol engine combines long-established methanol fuel injection technology—first developed for the converted Wärtsilä Z40 engines onboard ropax Stena Germanica in 2015—with the control and automation systems of the well-established Wärtsilä 32 platform. Earlier post.)

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Toyota to launch its fuel cell vehicle in Japan before April 2015, priced around $68,700; reveals exterior

Green Car Congress

Toyota Motor Corporation revealed the exterior design and Japan pricing of its hydrogen fuel cell sedan, first unveiled as a concept at the Tokyo Motor Show last year. The car will launch in Japan before April 2015, and preparations are underway for launches in the US and European markets in the summer of 2015. Click to enlarge.

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Report: Toyota to invest ~$165M to triple Japan production capacity for Mirai fuel cell vehicle

Green Car Congress

The Nikkei reports that Toyota will invest about ¥20 billion yen ($165 million) to triple production capacity in Japan for its new Mirai fuel cell vehicle ( earlier post ) to meet what it describes as strong corporate and public-sector demand. Equipment will also be upgraded at another Aichi site that handles vehicle assembly.

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BMW to pilot second-generation hydrogen fuel cell drives in small series from 2022

Green Car Congress

The BMW Group has been working with Toyota Motor Corporation on fuel cell drive systems since 2013. Since summer 2015, the BMW Group has been testing development vehicles based on the BMW 5 Series GT, which are equipped with a jointly developed fuel cell system. This is fed by the braking energy and the energy of the fuel cell.

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