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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.

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Toyota invests $600M in Didi Chuxing, JV vehicle-related services for ride-hailing drivers

Green Car Congress

Toyota Motor Corporation (Toyota) concluded an agreement with Didi Chuxing (DiDi) to expand collaboration in Mobility as a Service (MaaS) in China. As part of this agreement, Toyota will invest US$600 million in DiDi and a joint venture, which the two companies will establish with GAC Toyota Motor Co.,

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LevelTen Energy raises $20.5M in Series B; expanding renewable energy procurement platform

Green Car Congress

As part of the financing, Tim Woodward, managing director at Prelude Ventures, will join LevelTen Energy’s board of directors. LevelTen Energy, a Techstars accelerator alum, was founded in 2016 to expand the market for renewable energy by facilitating frictionless clean energy procurement for corporate and other large energy buyers.

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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

Green Car Congress

Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner.

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Michigan, Cavnue to create corridor for connected and autonomous vehicles between Ann Arbor and Detroit

Green Car Congress

During the feasibility analysis in Phase One, work will focus on technology testing and roadway design, and exploring different financing models with an aim toward determining project viability from both a technology and business perspective. The announcement took place in front of Michigan Central Station which Ford purchased in 2018.

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ITM Power to study large-scale production of renewable hydrogen in British Columbia; export to Japan and California

Green Car Congress

Once fully financed, the contract value of the pilot plant will be added to ITM Power’s opportunity pipeline. The project team includes ITM Power, Chiyoda Corporation, Mitsui & Co., The project is due to commence in Q2 2018 and has a duration of 12 months. and G&S Budd Consulting Ltd.

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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.

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