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VAMA builds new coating line to serve growing automotive market in China

Green Car Congress

Valin ArcelorMittal Automotive (VAMA), a 50/50 joint venture between ArcelorMittal, the world’s leading steel company and Valin Steel, a leading Chinese steelmaker, has begun construction on a new continuous hot-dip galvanizing line at its facilities in Loudi, Hunan, which will enable the production of highly corrosion-resistant steel.

Market 186
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Chevron / Toyota road trip demonstrates renewable gasoline blend

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The company produces and markets biodiesel, renewable diesel, and renewable natural gas, and is currently building hydrogen fueling infrastructure in California. Renewable gasoline blend can notably reduce lifecycle emissions and be used in the existing automotive fleet and with the existing fueling network, Chevron said.

Chevron 446
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Johnson Matthey and Plug Power partner on next-generation electrolyzer technology for green hydrogen

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Under the MoU, the companies will develop a roadmap to accelerate the joint development of high-performance electrolyzer technology with improved durability, increased performance, and greater energy efficiency than systems available today. Johnson Matthey has signed a Memorandum of Understanding with Plug Power.

Hydrogen 321
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Lux: plug-in vehicle battery market to hit $10B in 2020; 6 carmakers = 90% of demand; VW to show most growth

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Led by Tesla, China’s BYD, and Volkswagen, the battery market for plug-in vehicles will rise to $10 billion in 2020, with electric vehicles (EV) emerging as the drivetrain of choice, according to a new forecast by Lux Research. But the Chinese company will cede its lead in 2019 when European and American carmakers gain ground.

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Virgin Group and Agilyx form strategic partnership to produce lower carbon aviation fuel from plastic waste

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Virgin Group and chemical conversion technology company Agilyx ( earlier post ) are forming a strategic partnership to research and develop lower carbon fuel facilities to help address plastic pollution and the global transition to net zero.

Waste 170
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Clearpath Robotics raises $30M to expand indoor self-driving vehicle market

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Companies like Google, Tesla and Uber are still testing, whereas our self-driving vehicles are commercially available today. The market for self-driving passenger vehicles will be over $80 billion by 2030. We believe the market for self-driving materials handling vehicles will be equally significant.

Market 150
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Archer taps FCA to accelerate eVTOL production

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The new partnership will help accelerate Archer’s timeline in becoming an industry leader with the resources and capabilities to capitalize on the new era of sustainable air mobility, a market that Morgan Stanley estimates will be $1.5 trillion by 2040. Source: Archer.