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GM and Honda expanding partnership to codevelop series of affordable EVs in most popular vehicle segments; on sale in 2027

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General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. —Doug Parks, GM executive vice president, Global Product Development, Purchasing and Supply Chain.

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DISCOVR project seeking high productivity algae to reduce cost of biofuels

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Researchers at Pacific Northwest National Laboratory, with colleagues from Los Alamos, Sandia and NREL, are working to lower the cost of producing biofuels from algae. Biomass productivity in LEAPS was the same as in outdoor ponds. Determining strains of algae that are highly productive could help lower the cost of biofuel production.

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New Ricardo 48V electric motor aims to boost power and cut costs of hybrids; up to 50% increase in power density; ECOCHAMPS

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As part of its contribution to a recently completed major European research initiative to achieve more efficient and cost-effective hybrid powertrains for both passenger cars and commercial vehicles, Ricardo developed a new 48V e-motor offering up to a 50% increase in power density compared with current production machines.

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Hyundai Motor accelerates hydrogen technology development through 3 strategic investments

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Our investment in these innovative companies will reduce the production cost of FCEVs and enhance the safety and affordability of hydrogen infrastructure. The Swedish company’s ceramic coatings are cost-efficient substitutes for precious metals used in fuel cell production. GRZ Technologies.

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DOE awards $3.5M to Cellana to develop cost-competitive algal biofuels; hybrid production system

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million to Cellana for an algae project aimed at accelerating the development of sustainable, affordable algal biofuels. Cellana’s core technology is a photosynthetic production system that economically grows proprietary algae strains at commercial scale. The US Department of Energy (DOE) is awarding $3.5 Cellana’s process.

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IRENA report says tripling renewables investment required to reach 2050 climate goal

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Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

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GlobalData: Maruti Suzuki expects lower EV penetration in India by 2030 compared to government’s target

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That said, the company has research & development ongoing for EV products. Since announcing the revised target of 30% back in 2018, India has renewed efforts to boost the whole EV ecosystem, but the EV demand and supply remained limited given the strong market for affordable ICE vehicles.

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