Remove 2019 Remove Corporation Remove Industry Remove Supplies
article thumbnail

Nidec to acquire Mitsubishi Heavy Industries Machine Tool to support push into EV drives; E-Axle

Green Car Congress

Nidec Corporation’s Board of Directors approved a resolution to acquire the shares of Mitsubishi Heavy Industries Machine Tool Co., Nidec has been actively engaged in the manufacture, sales and services associated with reduction gearboxes and pressing machines through its subsidiary, Nidec-Shimpo Corporation.

article thumbnail

Japanese demonstration project begins for commercialization of vessels equipped with high-power fuel cells

Green Car Congress

NYK Line, Toshiba Energy Systems & Solutions Corporation, Kawasaki Heavy Industries Ltd., NYK Line, Toshiba Energy Systems & Solutions Corporation, Kawasaki Heavy Industries Ltd., The partners will begin a feasibility study in September 2020 and start designing the vessel and hydrogen-fuel-supply equipment in 2021.

article thumbnail

S Korea to invest $2.3B in hydrogen fuel cell vehicle industrial ecosystem over next 5 years

Green Car Congress

billion) over the next five years in a public-private partnership to speed up the development of the country’s hydrogen fuel cell vehicle ecosystem, according to the Ministry of Trade, Industry and Energy (MOTIE). The target is to be able to install 310 hydrogen stations by 2022 to supply 16,000 fuel cell vehicles. trillion won (US $2.33

Hydrogen 301
article thumbnail

Daimler to split into two pure-play companies: cars & vans, trucks & buses

Green Car Congress

The Daimler Truck business will have fully independent management, stand-alone corporate governance including an independent Chairman of the Supervisory Board, and is targeted to qualify as a DAX company. Daimler Truck supplies industry leading transportation solutions and services to customers. billion for Daimler Buses.

Companies 497
article thumbnail

Rosatom and EDF Group partner to develop green hydrogen in Russia and Europe

Green Car Congress

Russian Rosatom State Atomic Energy Corporation and the EDF Group signed a strategic cooperation agreement in March 2021 to develop green hydrogen in Russia and Europe. —Kirill Komarov, First Deputy Director General for Corporate Development and International Business at Rosatom. million customers, 28.1

Russia 338
article thumbnail

Honda to advance fuel cell system as core of its hydrogen business; expansion to other areas; new FCEV in 2024

Green Car Congress

With the next-generation fuel cell system being co-developed with General Motors (GM), Honda will aim to more than double the durability and reduce the cost to one-third, in comparison to the fuel cell system installed in the 2019 Honda Clarity Fuel Cell. in California. Space technology.

Honda 428
article thumbnail

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. Hyundai fuel cell bus.

Hyundai 377