Remove 2018 Remove Companies Remove Industrial Remove Market
article thumbnail

Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

Green Car Congress

Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). The proceeds from this capital investment will further the company’s commercialization efforts of its direct lithium extraction and refinery technologies.

Global 199
article thumbnail

Ethanol production in Germany fell 12.88% last year from 2018; market share of E10 up 1 percentage point

Green Car Congress

The German Bioethanol Industry Association (BDBe) has published the 2019 market data for the production and consumption of certified sustainable bioethanol. Sales of bioethanol were roughly on par with the previous year, with the market share of Super E10 rising by almost one percentage point to 13.7%. million tonnes.

2018 243
article thumbnail

Toshiba splitting into three companies; first such spin-off scheme for a Japanese company of this size

Green Car Congress

Toshiba Corporation intends to split itself into three standalone companies: Infrastructure Service Co. Kioxia is a Japanese multinational computer memory manufacturer spun-off from Toshiba as Toshiba Memory Corporation in June 2018. New structure: overview of three companies. Infrastructure Service Co.

Companies 321
article thumbnail

Thailand’s EV industry growing rapidly

Green Car Congress

According to the Electric Vehicle Association of Thailand, the number of companies that are part of Thailand’s electric vehicle industry has risen significantly since 2015, from 76 to 420 in 2019. million units in 2018. Thailand is making great progress in the area of sustainable mobility.

article thumbnail

Toshiba ESS and Echandia to explore developing marine fuel cell systems market

Green Car Congress

Going forward, the two companies will explore technical collaboration to develop a pure hydrogen fuel cell system, which will be equipped with Toshiba ESS’ hydrogen fuel cells, for marine applications suitable for long time continuous operation. of global anthropogenic emissions.

Mariner 210
article thumbnail

Umicore steps up solid-state battery technology development with investment in Blue Current

Green Car Congress

By providing capital—in addition to supplying state-of-the-art battery materials under the JDA—Umicore intends to work with Blue Current to drive market adoption of the company’s silicon elastic composite battery towards mid-decade. In June 2022, Umicore and Idemitsu Kosan Co.,

Batteries 492
article thumbnail

GM’s Cruise robotaxi business has lost almost $5 billion since 2018

Teslarati

As indicated by GM in its quarterly earnings report, the company lost $500 million on Cruise during the second quarter. GM’s expenses on Cruise appear to be increasing, especially as the company starts charging for rides in areas such as San Francisco. Overall, Cruise has lost nearly $5 billion since 2018.

2018 145