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Airbus and LM Industries create mobility startup Neorizon; digital manufacturing

Green Car Congress

Current transport infrastructure and existing mass manufacturing are too inflexible and capital intense to service evolving technology trends and changing consumer demands. Neorizon brings together the flexibility of professional digital manufacturing and the expertise of one of the world’s leading aerospace and defense companies.

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Musashi appoints Naoya Nishimura as CEO for India, Africa region – ET Auto

Baua Electric

Naoya Nishimura as CEO for India, Africa region New Delhi: Musashi Auto Parts India Pvt Ltd (Musashi), a 100% owned subsidiary of Musashi Seimitsu Industries, Japan, and a manufacturer of two-wheeler and four-wheeler transmission components in India, has appointed Naoya Nishimura as its Chief Executive Officer (CEO).

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

European cell manufacturers currently rely heavily on China for battery precursors. However, the raw materials for batteries are, in most cases, imported into China from Africa and refined before being exported to Europe. If they have access to raw materials, they can use this supply to attract downstream manufacturers.

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Graphex Technologies in MOU with Reforme Group to develop graphite manufacturing facilities in Australia; mine-to-battery graphite supply

Green Car Congress

This latest announcement in diversification and expansion follows Graphex’s recent raw material sourcing announcements around the world, including Canada, the US, Brazil, and Tanzania as well as active pursuits of additional resources in Canada, Africa, and Europe.

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Spiro Secures $63 Million Financing Solution To Expand Its Fleet Of Electric Motorcycles, Batteries, & Swap Stations

CleanTechnica EVs

Spiro, a leading electric motorbike manufacturer and clean energy provider in Africa, has so far deployed over 9200 electric motorbikes across Benin, Togo, and Rwanda.

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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

Green Car Congress

On the other hand, venture finance deal values also grew from $595.23 This is mainly being produced by manufacturing companies such as Hydrogenics, Nel ASA, ThyssenKrupp, ITM Power, HydrogenPro, Enapter and Plug Power. Last year, mergers and acquisitions (M&A) deals reached $24.4 million to over $3,001.1 In 2022, more than 111.9

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Sasol and ITOCHU to partner on green ammonia and hydrogen

Green Car Congress

South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. The product can also be cracked back to hydrogen gas for further applications.