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Raven SR , a renewable fuels company, and Hyzon Motors Inc., a global supplier of hydrogen fuel cell-powered commercial vehicles, announced a joint venture to build up to 100 hydrogen hubs across the United States and globally. into locally produced, renewable hydrogen for Hyzon’s fleet of zero-emission commercial vehicles.
Lightning eMotors, a leading provider of commercial electric vehicles for fleets, announced a $45-million order for its zero-emission powertrain systems from Faribault, Minnesota-based motorcoach supplier ABC Companies. —Roman Cornell, president and chief commercial officer of ABC Companies. —Roman Cornell.
We will be designing commercial-scale facilities that could produce as much as 300,000 gallons per day from the same kinds of feedstocks. IH 2 technology has the capability to produce gasoline at a cost of less than $2.00 GTI has licensed the IH 2 technology to CRI Catalyst Company (CRI), in Houston, Texas. Earlier post.).
ABC Companies, a leading provider to the motorcoach, transit and specialty passenger transportation market in the United States and Canada, will soon be the first to offer a motorcoach-diesel-to-electric-repower program for North American operators. —Roman Cornell, president and chief commercial officer of ABC Companies.
Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. This transaction also offers TMC shareholders exposure to a royalty company that I am confident under Brian’s leadership will become a market leader.
Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. Our ultimate goal is to fight climate change and build a sustainable future. —Mark Freymueller, Senior Vice President and Head of Commercial Vehicle Business Innovation at Hyundai Motor Company.
billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” and operate as The Metals Company upon closing. Rising raw materials prices risk undermining EV manufacturers’ efforts to drive down the cost of EV batteries necessary for mass adoption; and.
Using sustainably derived n-butene as a starting point, existing processes can further refine the chemical for multiple commercial uses, including diesel and jet fuels, and industrial lubricants. The microchannel technology would allow commercial-scale bioreactors to be built near agricultural centers where most biomass is produced.
The government of Jordan and the Saudi Arabian Corporation for Oil Shale (SACOS) recently signed a $2-billion agreement under which the government grants the Saudi company the right to extract and to develop the oil shale resources in the Attarat Um-AL-Ghudran region covering an area of 11 square kilometers.
Yamato Transport and Commercial Japan Partnership Technologies Corporation (CJPT) will begin studying the standardization and commercialization of replaceable and rechargeable cartridge batteries. CJPT intends to advance plans for commercial BEVs powered by cartridge batteries.
a supplier of hydrogen fuel cell powered heavy vehicles ( earlier post ), plans to build the largest fuel cell membrane electrode assembly (MEA) production line for commercial vehicles in the United States at its new Hyzon Innovation Center located in Bolingbrook, Illinois, just outside of Chicago. Hyzon Motors Inc.,
a company focused on the exploration and development of minerals for the “new green economy”, will invest in a new graphene-related venture, Graphene Energy Storage Devices (Graphene ESD). Graphene ESD has been formed to commercialize the technology and bring the graphene-based energy storage devices to market. Lomiko Metals Inc.,
The Energy Department’s National Renewable Energy Laboratory (NREL) and General Motors (GM) are partnering on a multi-year, multi-million dollar joint effort to accelerate the reduction of automotive fuel cell stack costs through fuel cell material and manufacturing research and development (R&D). Earlier post.). Fuel Cells Hydrogen'
The cost of electrofuels—fuels produced by catalyst-based systems for light capture, water electrolysis, and catalytic conversion of carbon dioxide and hydrogen to liquid fuels—remains far away from viable, according to a new analysis by Lux Research. Source: Lux Research. Click to enlarge. Background.
CIIC skateboard chassis integrates battery packs, electric motors, and other critical units into a single layer at the bottom of the vehicle, lowering purchasing cost, vehicle weight and energy consumption while maximizing cabin space for optimal driving experiences. Earlier post.) Earlier post.) In 2021, CATL also broke ground on a $2.1B
Ford celebrated the production start of the all-new F-150 at the Ford Rouge Center and confirmed construction of the new Rouge Electric Vehicle Center where it will build the all-electric F-150 by mid-2022. The F-Series franchise alone generates more revenue than major companies such as McDonalds, Nike, Coca-Cola, Visa and Netflix.
Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). The design significantly increases reliability, maximizes performance, and reduces total cost of ownership.
Solid-state sodium battery company LiNa Energy ( earlier post ) has closed out a £3.5-million LiNa Energy, a spin-out from Lancaster University, established in 2017, is commercializing a safe, cobalt- and lithium-free solid-state sodium battery. For a small yet disruptive technology company like LiNa Energy, this funding is critical.
Electra has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. Electra’s process emits zero carbon dioxide emissions and carries zero green premium, meaning it will cost the same or less than existing production methods powered by fossil fuels.
Although their creationthe Bellmac-32 microprocessornever achieved the commercial fame of earlier ones such as Intels 4004 (released in 1971), its influence has proven far more enduring. We werent just building a faster chip, says Michael Condry , who led the architecture team at Bell Labs Holmdel facility in New Jersey.
a cellulosic sugar producer ( earlier post ), has signed a letter of intent with China-based Global Bio-chem Technology Group Company Limited to develop and to commercialize processes to convert corn stover to industrial sugars for use in the production of chemicals, fuels, and other bio-based products. Edeniq, Inc.,
As a center of excellence for autonomous driving from Level 4 up, VWAT will serve to build up know-how within the Group and bring a self-driving system (SDS) to market maturity. We will continue to use synergies across all Group brands to reduce the cost of self-driving vehicles, high-performance computers, and sensors.
This agreement supports Hiringa and its partners’ strategy to roll out over 1,500 FCEVs by 2026, driving the cost of the technology down and unlocking widespread adoption of zero emission heavy transport. These exciting trucks are a flavor of what’s to come with the growing applications for FCEV commercial and heavy vehicles in New Zealand.
a Finnish energy company, have signed an agreement on a joint concept feasibility study for a Power-to-Gas facility at Vantaa Energy’s waste-to-energy plant in the city of Vantaa in the capital region. Once feasible, the parties intend to continue joint development of the project towards a commercial-scale pilot project.
In October 2021, Rock Tech announced its intention to build Europe’s first lithium converter in Guben, Brandenburg, Germany. The company will locate all production steps of lithium refining in one overall plant at the Guben site. Rock Tech owns its own mine in Canada. That converter is scheduled to start operations in 2024.
Truck fleet operators will first work with Clean Energy to develop natural gas fueling contracts, and will then apply for loans and leases, including fair market value leases, from GE Capital to acquire trucks from manufacturers that produce commercial natural gas vehicles (NGVs).
Some of these investments also support efforts that will shorten the overall timeline from prototype to production and streamline building codes, zoning laws, permitting rules, and business processes for installing solar energy systems. —Energy Secretary Steven Chu.
A biofuels company, Utah-based Genifuel Corp., has licensed the technology and is working with an industrial partner to build a pilot plant using the technology. The PNNL technology harnesses algae’s energy potential efficiently and incorporates a number of methods to reduce the cost of producing algae fuel. Earlier post.).
and Mitsubishi Motors Corporation have jointly established a new company, Nippon Charge Service, LLC, to promote the installation of chargers for plug-in electric vehicles (PHVs, PHEVs, EVs). The goal is to help build a charging network that offers more convenience to drivers in Japan. Toyota Motor Corporation, Nissan Motor Co.,
To build the locomotive and demonstrate its operations in a real-world environment. To collect data during the demonstration period to provide insights into the performance, operations, and costs of this technology. To support commercialization activities to expand the use of hydrogen in the rail sector.
The commercial EV market is hot—a bit too hot for some. The company has focused on developing its own technology, and now offers not only complete vehicles, but also a broad range of components, including electric drivetrain systems, control software, bidirectional charging systems, modular batteries, battery management systems and more.
The California Sustainable Energy Entrepreneur Development (CalSEED) program announced that the fourth cohort of innovative clean energy concepts has been approved by the California Energy Commission (CEC); 28 companies out of 212 were selected to receive grants of $150,000 each. Details of the 28 companies awarded a total of $4.2
GM’s joint venture with LG Chem to develop and mass produce battery cells will drive cell costs below $100 per kWh. Ongoing technological and manufacturing breakthroughs will drive costs even lower, the company said. billion joint venture plant that GM and LG Chem plan to build in Lordstown, Ohio.
Bollinger Motors has begun building design validation pilots of its B4 all-electric Class 4 chassis cabs for testing and demonstration. The Bollinger B4 will be eligible nationwide for a federal purchasing incentive of 30% of the cost of the vehicle, up to a total $40,000, through the Inflation Reduction Act of 2022.
The report, Opportunities for hydrogen in commercial aviation , which had technical input and funding from The Boeing Company, finds that growing hydrogen industry momentum could provide an opportunity to introduce hydrogen for niche airport applications (such as ground support equipment) as early as 2025.
UPS continues to build an integrated fleet of electric vehicles, combined with innovative, large-scale fleet charging technology. The company produces its own major core vehicle components: chassis, powertrain, body and electronic controls. UPS will initiate testing ADAS features later in 2020.
Leclanché SA has developed a new generation of lithium-ion battery modules for energy-intensive e-transport applications, such as marine, commercial vehicle and railway, and simultaneously inaugurated a dedicated new production line for high volume manufacture in Europe.
A changing of the guard in space stations is on the horizon as private companies work towards providing new opportunities for science, commerce, and tourism in outer space. Such endeavors may also end up slowed and controlled by regulation so far absent from many new, commercial areas of space. million given to three companies in 2021.
BETHE projects will support the development of timely, commercially viable fusion energy, aiming to increase the number and performance levels of lower-cost fusion concepts. The BETHE program will build off of ARPA-E’s first fusion program, Accelerating Low-Cost Plasma Heating and Assembly (ALPHA).
Leading universities and companies will compliment these federal efforts helping to invent, deploy and scale these advanced technologies. Individual companies cannot justify the investment required to fully develop many important new technologies or to create the full infrastructure to support advanced manufacturing.
The research company also projects that several startup electric vehicle (EV) companies are likely to be absorbed or discontinue operations during the year. Private funding for EV companies looking to start a business or expand in 2013 has largely dried up, Pike notes. Pike also anticipates forward momentum with PEVs in China.
With this vision, Nissan wants to deliver strategic value by empowering journeys offering confident, exciting, and more integrated experiences to customers, and through collaborations, empower society to build a smart ecosystem with integrated mobility. The role of companies to address societal needs is increasingly heightened.
Mercedes-Benz Vans will offer electric drive options on all its commercial van model lines. The commercial model ranges with electric drive will thus cover all requirements from people moving to goods transport. The mid-size van is thus suited for city-center use by delivery companies, tradespeople and public transport providers.
A SpaceX executive says that the company’s next-generation, full-reusable Starship rocket has already secured multiple commercial launch contracts. As of today, SpaceX’s Falcon rockets have become a spectacularly successful revolution in cost-effective launch through reusability and vertical integration, among other things.
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