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EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

Green Car Congress

The project, called “European Battery Innovation” (EuBatIn) was jointly prepared and notified by Austria, Belgium, Croatia, Finland, France, Germany, Greece, Italy, Poland, Slovakia, Spain and Sweden. The twelve Member States will provide up to €2.9 billion (US$3.5 billion) in funding in the coming years. Background.

Batteries 482
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European Commission approves up to €5.4B of public support for IPCEI Hy2Tech; 41 hydrogen projects

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The project, called “IPCEI Hy2Tech” was jointly prepared and notified by fifteen Member States: Austria, Belgium, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Italy, Netherlands, Poland, Portugal, Slovakia and Spain. The Member States will provide up to €5.4 billion in private investments.

Hydrogen 293
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Frost & Sullivan forecasts rapid growth in tire pressure monitoring systems market; $386.6M by 2018

Green Car Congress

With the proliferation of universal sensors and aggressive efforts to raise consumer awareness, the TPMS aftermarket is set for robust revenue growth, according to. As more European countries, including Belgium, Poland and Turkey, adopt winter tire legislations, TPMS revenues and unit sales will increase in the short and medium term.

2018 225