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Juniper Research forecasts on-road hydrogen vehicles to exceed 1M globally by 2027

Green Car Congress

A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.

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GM expanding into new commercial applications for its HYDROTEC fuel cell systems

Green Car Congress

GM announced new commercial applications of its HYDROTEC fuel cell technology. They could also back up or temporarily replace grid-sourced electricity for residential and small commercial enterprises at times of power disruption. —Charlie Freese, GM executive director of the global HYDROTEC business.

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ASX and Spirit AeroSystems partner to develop affordable eVTOL aircraft for mass production

Green Car Congress

Airspace Experience Technologies ( ASX ), an aviation technology start-up, and Spirit AeroSystems, a global aircraft design and manufacturing company, have signed a memorandum of understanding and a definitive agreement to cooperate on creation of affordable, certified all-electric, vertical take-off and landing (eVTOL) aircraft.

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ABI Research projects worldwide commercial EV market to surpass US$680B by 2027

Green Car Congress

According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 This market valuation refers to the total industry-wide global revenues derived from all commercials EVs sold yearly. billion in 2020 to more than US$682 billion by 2030.

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Group14 Technologies begins construction of second commercial-scale silicon battery materials plant

Green Car Congress

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, has begun construction of a second commercial-scale US Battery Active Materials (BAM-2) factory in Moses Lake, WA, in support of domestic efforts to advance the electric vehicle (EV) market.

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GEM commits to invest up to $100M in Skyworks Aeronautics; commercialization of eVTOL gyroplanes

Green Car Congress

announced a $100-million investment commitment from GEM Global Yield LLC SCS, a Luxembourg-based private alternative investment group. Skyworks Aeronautics Corp. Concurrent with a public listing of Skyworks Aeronautics shares, Skyworks Aeronautics will issue warrants to GEM to purchase up to 3% of the common stock of the company.

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Volvo Group and Westport sign LOI to form JV to advance commercialization and adoption of HPDI

Green Car Congress

Volvo Group and Westport Fuel Systems signed a non-binding letter of intent (LOI) to establish a joint venture to accelerate the commercialization and global adoption of Westport’s HPDI (High Pressure Direct Injection) fuel system technology for long-haul and off-road applications.

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