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Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

Green Car Congress

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. In September 2019, Hyundai and Cummins Inc. Earlier post.).

Hyundai 377
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New York City Council passes bill mandating all city school buses be electric by 2035

Green Car Congress

The replacement of school buses is subject to the commercial availability and reliability of all-electric school buses, and the technical and physical availability of related planned infrastructure, including but not limited to charging stations and bus depots for all-electric school buses. 455 on 14 February 2018.

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Gevo and Avfuel enter into renewable jet fuel supply agreement; first long-term commercial supply agreement for Gevo ATJ

Green Car Congress

Gevo has entered into a long-term agreement to supply its renewable alcohol-to-jet fuel (ATJ) to Avfuel Corporation, effective 1 July 2018. The agreement with Avfuel is Gevo’s first long-term commercial supply agreement for its ATJ. The supply agreement contemplates two phases.

Supplies 199
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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

Green Car Congress

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

Li-ion 239
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Car leasing market to cross 1 lakh units per annum in 3 years, says Mohammed Turra of Quicklyz | Autocar Professional

Baua Electric

Quiklyz, the leasing arm of Mahindra Finance expects the vehicle leasing market to grow at double the pace of car sales growth and cross the 1 lakh units mark in the coming three years. Corporations are increasingly preferring to lease vehicles over acquiring vehicles and put it on their balance sheet.

Market 40
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Government of Canada to buy Trans Mountain Pipeline System and Expansion Project for C$4.5B, resume planing and construction

Green Car Congress

As part of the agreement, the Government has agreed to fund the resumption of TMEP planning and construction work under the ownership of a Crown corporation. The parties expect to close the transaction late in the third quarter or early in the fourth quarter of 2018, subject to KML shareholder and applicable regulatory approvals.

Canada 199
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Danish Parker project developing universal definition for EV integration with electric grid for V2G services

Green Car Congress

Nissan, Mitsubishi Corporation, Mitsubishi Motors Corporation, PSA Groupe, NUVVE, Frederiksberg Forsyning, Enel, Insero and DTU (Technical University of Denmark) Electrical Engineering (PowerLabDK) are partnering in the Danish project Parker to develop a universal definition for grid integration for electric vehicles. —Prof.

Grid 231