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Moody’s Japan says push for electrified vehicles poses credit challenges for key Japanese sectors

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says that the push toward alternative-fuel vehicles—battery electric vehicles, hybrids, plug-in hybrids and fuel-cell vehicles—poses a credit challenge for multiple sectors in Japan, with the large auto sector and sectors such as steel and refining most affected. Moody’s Japan K.K.

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DOE issues $10M incubator FOA for batteries, power electronics, engines, materials, fuels and lubricants

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in electric vehicles (PEVs). Advanced Power Electronics and Electric Motors for Electric Traction Drives. The components to enable electric drive vehicles must be more affordable. Electric drive components must be reliable and provide long vehicle service equal to or better than conventional petroleum powered vehicles.

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SEAT pushes forward with CNG line-up

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A CNG vehicle reduces CO 2 emissions by about 25% compared to a gasoline-driven equivalent. Only a pure electric vehicle running on 100% renewable energy would offer a better overall outcome. But even in the event of using the gasoline tank, the switch is so seamless that the driver is unlikely to notice.

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Final Drive: 2021 Polestar 1 PHEV

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This limited production luxury sedan (1,500 units worldwide) ceased production in November 2021, and ushers-in a new era for the Polestar brand seeing only all-electric cars and SUVs going forward. The Polestar 2, a midsize sedan with a 270-mile electric range, came to market in early 2021. Polestar 1: Power and Range.

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DOE awards nearly $55M to advance fuel efficient vehicle technologies in support of EV Everywhere and SuperTruck

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The US Department of Energy (DOE) is awarding nearly $55 million for 24 projects to develop and deploy advanced vehicle technologies, supporting the Energy Department’s EV Everywhere Grand Challenge to make plug-in electric vehicles as affordable to own and operate as today’s gasoline-powered vehicles by 2022. Area of Interest 3).

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DOE to award up to $137M for SuperTruck II, Vehicle Technology Office programs

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SuperTruck II builds on the successful SuperTruck I program, which has already led to more than twenty fuel saving technologies that have reached the commercial market, said Acting Assistant Secretary David Friedman. By area of interest, the awards are: EV Everywhere Plug‐In Electric Vehicle Local Showcases (Area of Interest 1).

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DOE to award $55.8M for advanced vehicle technologies; $35M for fuel cell and hydrogen

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DOE also announced up to $35 million to advance fuel cell and hydrogen technologies, including enabling the early adoption of fuel cell applications, such as light duty fuel cell electric vehicles. Reducing the cost of electric drive systems from $30/kW to $8/kW.

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