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Si anode company LeydenJar secures €30M EU backing for silicon anode foil factory

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LeydenJar , a Dutch developer of ultra-thin, pure silicon battery anodes, has secured the funding to build its first factory to produce silicon anode foil. LeydenJar’s innovative silicon anode foil allows batteries to store 70% more energy than the currently common graphite anode foil, while being extremely thin. greenSPEED.

Companies 231
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Coca-Cola will now make local deliveries in Belgium with 30 electric Renault Trucks vehicles

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The company will also reduce its CO 2 emissions by 75% compared to diesel trucks. Each truck has an on-site charging station to recharge the battery fully overnight. —An Vermeulen, VP & Country Director of Coca-Cola Europacific Partners for Belgium and Luxembourg. Renault Trucks is part of the Volvo Group.

Belgium 459
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Zero Carbon Lithium company Vulcan acquires geothermal plant; brine offtake agreement with geox

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The Vulcan team remains focused on developing our world-first dual renewable energy and Zero Carbon Lithium business, with phase 1 production to supply the EU battery market targeted for CY2024. —Vulcan’s Managing Director Dr. Francis Wedin. Brine offtake.

Carbon 243
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Volvo Cars raises €500M for electrification through second green bond issue

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The bond was oversubscribed three-times, despite challenging global market conditions. All proceeds are earmarked for funding and accelerating the company’s transformation towards becoming a fully electric carmaker by 2030 and becoming climate-neutral and circular by 2040.

Volvo 329
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Volvo Cars successfully places first green bond, raises €500M

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The proceeds of the bond will be used to fund the design, development and manufacturing of fully electric cars in line with the company’s recently established Green Finance Framework. As a first tangible step towards its 2040 vision the company aims to reduce its lifecycle carbon footprint per car by 40% between 2018 and 2025.

Volvo 514
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Deutsche Post DHL Group sells StreetScooter production rights to international consortium ODIN Automotive S.à.r.l.

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Luxembourg). StreetScooter GmbH, including its existing 300 employees, will continue to act as a supplier of vehicle parts and batteries for the Group’s planned fleet expansion to 21,500 StreetScooters. In addition, Deutsche Post DHL Group will become a minority shareholder in ODIN. ODIN Automotive S.à.r.l.,

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BMW Group to lead €19.5M HyCET project consortium on hydrogen combustion engine trucks

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The other HyCET project partners are DEUTZ AG, DHL Freight GmbH, KEYOU GmbH, TotalEnergies Marketing Deutschland GmbH and Volvo Group. Hydrogen is a good energy-storage solution for climate-friendly transportation that can supplement battery-electric mobility. H2 is DEUTZ’s first ready-for-the-market hydrogen engine.

Hydrogen 493