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

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Novel lubricant formulations (additive package and/or base oil modification) expected to improve the mechanical efficiency of light?, Batteries Engines Fuels Lubricating Oils Materials Power Electronics' and/or heavy? petroleum fuels.

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ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

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While oil will remain the most widely used fuel, overall energy demand will be reshaped by a continued shift toward less-carbon-intensive energy source as well as steep improvements in energy efficiency in areas such as transportation, where the expanded use of advanced and hybrid vehicles will help push average new-car fuel economy to 48 mpg (4.9

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Equinor contracts for first green-ammonia-fueled supply vessel; 2MW SOFC

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Together with the Konkraft partners, Equinor earlier this year launched a joint ambition to reduce the greenhouse gas emissions from oil and gas operations in Norway by 40% by 2030, and to near zero by 2050. Viking Energy was the first LNG-fueled vessel in Equinor’s fleet in 2003, and the first vessel with hybrid battery power in 2016.

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Xtrac showcasing P1316 e-axle, developed for FIA World Rallycross

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Xtrac will supply the e-axle to Austrian company Kreisel, which the FIA has selected as the supplier for the phased introduction of a battery-powered propulsion system into this major race series with Kreisel responsible for the state-of-the-art motors, inverters and battery. The P1316 e-axle has an overall ratio of 7.90:1

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SK Innovation to end Li-ion JV with Continental due to slow demand growth for EVs

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Yonhap said that the companies are the partnership early due to weak market demand for battery-powered vehicles amid limited infrastructure and falling oil prices. Both planned to invest about €270 million (at the time, around US$359 million) in the JV over five years. billion won (US$13.87

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Report: VW aims for 10,000 EVs sold in China by 2018

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as early as 2013 and is considering a battery-powered model specifically designed for the nation in 2018, said [Neumann]. Volkswagen AG plans to sell 10,000 electric vehicle in China by 2018, according to Karl-Thomas Neumann, president of Volkswagen Group China, at the EVS conference in Shenzhen. and FAW Group Corp. General Motors Co.

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Maersk selects Wärtsilä HY Module hybrid solution for AHTS vessel conversion

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Wärtsilä will supply its Wärtsilä HY Module , a containerized hybrid battery power and energy storage system to Maersk Supply Service, the Denmark-based provider of offshore marine services and integrated solutions for the global energy sector. This is believed to be the world’s first AHTS hybrid battery conversion.