article thumbnail

US Auto Industry Down 8% Since 2019

CleanTechnica EVs

No other media outlet compares US auto industry trends with as much history and depth as we do in these. First, before getting into the automaker comparisons for the second quarter of 2023 versus the second quarters of 2019, 2020, 2021, and 2022, […] It’s time for another one of our quarterly US auto sales reports.

article thumbnail

Porsche invests in high-performance battery JV Cellforce; Si anodes; BASF NCM cathode materials

Green Car Congress

Porsche is investing a high double-digit-million amount in its new joint venture company Cellforce Group GmbH. Porsche and joint venture partner Customcells, a spin-off from Fraunhofer, also announced the launch of production of high-performance battery cells at Porsche’s Weissach Development Center.

Porsche 284
article thumbnail

US Auto Industry Down 3+ Million Sales (19%) Since 2019

CleanTechnica EVs

The US auto industry has been declining steadily for a few years at least. Compared to 2021, the American auto industry’s annual sales were down by more than 1 million units, or 8%. But compared to 2019, they were down by more than 3 […] Compared to 2020, there were “only” down by 725,726 units (5%).

article thumbnail

HIF Global, Porsche and Volkswagen Group unveil new direct air capture unit to be installed at eFuels plant in Chile in 2024

Green Car Congress

At the IAA Summit in Munich, HIF Global, together with Porsche AG, Volkswagen Group Innovation and MAN Energy Solutions, announced the development and installation of a Direct Air Capture (DAC) unit at the HIF Haru Oni Demonstration facility in southern Chile in 2024. Earlier post.) Why not combine the two? We’re working on that.

Chile 195
article thumbnail

Porsche acquires stake in Fazua and plans joint ventures with Ponooc to expand involvement in e-bike market

Green Car Congress

Porsche is further expanding its involvement in the rapidly growing market for e-bikes by acquiring a stake in Fazua , an innovative manufacturer of e-bike drive systems, and establishing a strategic partnership with Ponooc Investment B.V. Porsche is acquiring 20% of the shares in Fazua GmbH. Ponooc is part of Pon Holdings B.V.—a

Porsche 186
article thumbnail

Haru Oni e-fuels demo plant in Chile officially opens

Green Car Congress

Chile’s Minister of Energy, Diego Pardow, headed the ceremony where a Porsche 911 was loaded with synthetic fuel. Porsche, one of the partners, contributed with research and an offtake agreement to purchase Haru Oni eGasoline for lighthouse projects such the Porsche Mobil 1 Supercup and the Porsche Experience Centers.

Chile 426
article thumbnail

US Auto Sales Down 8% in Q3 2023 vs. Q3 2019

CleanTechnica EVs

The US auto industry is bouncing back compared to the past couple of years, but it’s still significantly below its. continued] The post US Auto Sales Down 8% in Q3 2023 vs. Q3 2019 appeared first on CleanTechnica.

2019 111