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Hyundai Motor Group building new fuel cell system plant in China; first outside of Korea

Green Car Congress

The investment advances the Group’s global hydrogen leadership and supports its push into China’s rapidly developing hydrogen industry. The roadmap reflects China’s ambition to foster a hydrogen economy; the country aims to have 1 million FCEVs on its roads by 2035, with an emphasis on commercial vehicles.

Hyundai 277
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U of Birmingham, Bentley and partners in rare-earth recycling project; RaRE

Green Car Congress

In the last 30 years their use has increased exponentially, and although they are increasingly important in the transition to a low carbon economy, less than 1% of these magnets is recycled. Hydrogen preferentially enters the rare earth metal, and causes an expansion in volume. RaRE is an exciting project and a fantastic opportunity.

Bentley 449
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Ballard announces planned deployment of 500 fuel cell commercial trucks this year in Shanghai

Green Car Congress

Ballard Power Systems announced the planned deployment of 500 licensed hydrogen fuel cell electric commercial trucks—all using Ballard fuel cell stack technology—in Shanghai, China. Ballard’s FCvelocity-9SSL stacks are now being manufactured and are available from Guangdong Synergy Ballard Hydrogen Power Co.,

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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

Green Car Congress

The new regulations are driving interest in e-fuels, ammonia, and hydrogen as the industry scrambles to find multiple silver bullets. The greatest challenge is the same as that which is plaguing the adoption of fuel cells in the automotive market—the buildout of low-cost green hydrogen infrastructure. Electric Buses - 12 GWh.

Market 150
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Ceres Power and Weichai finalize strategic collaboration and JV agreement on SOFCs; range-extenders for buses

Green Car Congress

Ceres Power, a developer of low-cost solid oxide fuel cells (SOFC)company, and Weichai Power, one of the leading automobile and equipment manufacturing companies in China, finalized their long-term strategic collaboration first announced in May 2018. Earlier post.). million) joint development agreement. million) joint development agreement.

Power 223
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

This is more than six times higher than in 2018, just 5 years earlier. Electric cars accounted for around 18% of all cars sold in 2023, up from 14% in 2022 and only 2% five years earlier, in 2018. Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. China exported over 1.2