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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

Green Car Congress

In 2019, Daimler Truck AG and CATL entered into a global lithium-ion battery cell modules supply agreement for electric series trucks including the Mercedes-Benz eActros, the Freightliner eCascadia and eM2. Now CATL is expanding globally, and has opened subsidiaries in Munich (Germany); Paris (France); Yokohama (Japan); and Detroit (USA).

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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

Green Car Congress

Particular opportunity for the Global South identified as net-zero fuel production costs expected to be up to 20% lower in Latin America and Africa. Taking the global trading of hydrogen as an exemplar, the report identifies substantial potential benefits for exporting and importing countries, particularly in the Global South.

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Toyota sold 1.52 million electrified vehicles in 2017, three years ahead of 2020 target; cumulative sales >11.47M

Green Car Congress

Toyota Motor Corporation (Toyota) sold more than 1.52 million electrified vehicles (hybrids on up) worldwide in 2017. —Shigeki Terashi, executive vice president, Toyota Motor Corporation. million units by 2030, as announced in December 2017. selling more than 1.5

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Daimler AG Board approves Project Future corporate restructure; goes to shareholders in 2019

Green Car Congress

The Board of Management and Supervisory Board of Daimler AG has approved a new corporate structure for Daimler AG. In the fall of 2017 the first preparatory measures were initiated to transform the current divisions Cars and Vans, as well as Trucks and Buses, into legally independent entities.

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Mitsubishi introducing PHEV version of redesigned Eclipse Cross; 2nd MMC PHEV on market

Green Car Congress

Mitsubishi Motors Corporation (MMC) released a first look at the redesigned Mitsubishi Eclipse Cross, the next step in the company’s commitment to delivering a showroom full of new and extensively redesigned vehicles in the United States by the second quarter of 2021. The Eclipse Cross will be the second Mitsubishi PHEV on the market.

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Bezos Bucks? Get Ready for Corporate Digital Currency

Cars That Think

Corporate Cash The idea of private digital currencies goes back to at least 1994, when the late Edward de Bono wrote of the “IBM dollar.” In de Bono’s vision, “large manufacturing corporations” should create their own currencies, which could be used to buy their products. Keeping its entire reserve in U.S.

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Shell and Sumitomo Corporation invest in LO3 Energy to develop blockchain-based community energy platform

Green Car Congress

Shell Ventures and Sumitomo Corporation Group have invested in LO3 Energy to support the global development of its blockchain-based community energy networks.