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

Green Car Congress

Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. It represents the start of a profound reshaping of the company. This is a historic moment for Daimler.

Companies 497
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Consortium invests $80M in silicon anode company Nexeon; strategic partnership with SKC

Green Car Congress

Through this transaction, Nexeon enters into a strategic partnership with SKC, a major global battery and semiconductor materials company, for volume manufacturing of its silicon anode materials. SJL is a private equity firm that seeks cross-border investments in partnership with Asia-based strategic investors. Ltd (Kiwoom).

Companies 186
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Cabot Corporation launches ENTERA aerogel particles for use in thermal barriers for Li-ion batteries

Green Car Congress

Global specialty chemicals and performance materials company Cabot Corporation launched its new ENTERA aerogel particles portfoli o. Aerogel has emerged as aperformance-enabling thermal barrier material that is enabling EV manufacturers to meet critical industry safety standards.

Li-ion 186
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Neste and ANA collaborate on first supply of Sustainable Aviation Fuel in Asia

Green Car Congress

The delivery of the SAF was made possible through collaboration and close coordination on logistics between Neste and the Japanese trading house Itochu Corporation. Initial operations will begin from October 2020 as ANA plans SAF-fueled flights from both Haneda International airport and Narita International Airport.

Asia 334
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Honda aiming to sell 3.5M electric motorcycles per year by 2030

Green Car Congress

Honda plans to introduce two commuter EV models between 2024 and 2025 across Asia, Europe and Japan. Currently, EMs (electric motorcycles) and EBs (electric bicycles) account for more than 90% of industry-wide global electric motorcycle unit sales (approximately 50 million units). Suzuki Motor Corporation and Yamaha Motor Co.—have

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TuSimple to restructure U.S. industry, lay off 30% of workforce

Baua Electric

stated on Thursday it’s going to snip 30% of its personnel in the USA beneath a restructuring because the independent riding era corporate seems to saving its steadiness sheet amid a investment crunch within the sector. The stocks of the corporate fell greater than 8% in premarket buying and selling. TuSimple Holdings Inc TSP.O

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Evonik investing in fumed aluminum oxide production plant expansion in Japan for battery applications

Green Car Congress

The facility will be the company’s first alumina plant in Asia, focusing on the production of specialty solutions for lithium-ion battery technologies, used for electric vehicles. If all EV cars used batteries with AEROXIDE by 2025, around 90,000 t of CO 2 could be saved, according to the company.

Japan 243