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million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.
Alkegen has begun commercial production of its silicon fiber anode material platform, SiFAB. Alkegen is building a broad portfolio of battery material technologies to make lithium-based battery packs safer while helping to extend battery life and accelerate charging time.
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.
HYZON Motors is a global supplier of zero-emissions hydrogen fuel cell powered commercial vehicles, including heavy-duty trucks, buses and coaches. The Horizon Fuel Cell group had already deployed around 400 fuel cells in commercial vehicles in 2019 before spinning off HYZON Motors in early 2020.
Allison brings more than 100 years of experience in building reliable and valued propulsion solutions, including two decades of electrified propulsion systems development and commercialization.
Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet technology. The Volvo Cars Tech Fund and Volta Energy Technologies join existing investors Anzu Partners and the University of Minnesota.
GM announced new commercial applications of its HYDROTEC fuel cell technology. These fuel cell generators could ultimately replace gas- and diesel-burning generators with fewer emissions at worksites, buildings, movie sets, data centers, outdoor concerts and festivals. Mobile Power Generator.
ZF Group has received several large-scale orders worth several billion euros from North American vehicle manufacturers for its automatic 8-speed PowerLine transmission—including the largest individual commercial-vehicle-related order in company history. In 2023, production will start in Gray Court, South Carolina.
Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 As a result, Volkswagen is creating the conditions in 2022 for building 1.2 As a result, Volkswagen is creating the conditions in 2022 for building 1.2 4 in Emden. Chattanooga (ID.4) Apart from the ID.4,
FCRD's primary business will be the development of fuel cell systems for commercial vehicles to contribute to the realization of a clean mobility society in China. FCRD is a company that holds tremendous significance for Toyota's global FC strategies. Each company will invest in the joint venture.
earlier known as Synthetic Genomics, has signed a joint development agreement with ExxonMobil Research and Engineering Company (EMRE) with the intent to bring Viridos’ low-carbon intensity algae biofuels toward commercial levels. Viridos Inc., The development partnership has continued over the years. —Viridos’ CEO, Dr. Oliver Fetzer.
Hyundai Motor Group (HMG) entered into an agreement with the State of Georgia to build its first dedicated full electric vehicle and battery manufacturing facilities in the US. The new facility will break ground in early 2023 and is expected to begin commercial production in the first half of 2025 with an annual capacity of 300,000 units.
ELYSIS has selected the Alma smelter, operated by Rio Tinto in Saguenay-Lac-Saint-Jean, Québec, for the first installation and demonstration of its inert anode technology at a commercial size of 450 kiloamperes (kA)—a common capacity for modern, full-scale smelters. Earlier post.). Earlier post.). Earlier post.).
Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai believes China has a massive potential for hydrogen powered commercial vehicles. —In Cheol Lee, Executive Vice President and Head of Commercial Vehicle Division at Hyundai Motor.
The company will use the investment to build its first operational, commercial-scale plant with the intention of expanding lithium refining capacity in the Western Hemisphere. Benchmark Mineral Intelligence forecasts a global supply gap of 4.3 million tons of lithium carbonate and lithium hydroxide by 2040.
Australia-based Lynas Rare Earths Limited entered into an agreement with the US Government to build a commercial Light Rare Earths separation plant in the United States, through a wholly owned subsidiary, Lynas USA LLC.
The partnership will bolster the professional societies’ shared interest in supporting industry in the adoption of hydrogen as an energy carrier for industrial and commercial applications that will form a vital part of the road to net zero greenhouse gas emissions. The letter of intent was signed on 10 May 2023, by Billy B.
Ford Motor Company, LG Energy Solution and Koç Holding signed a non-binding memorandum of understanding (MoU) to form a new joint venture subject to final agreement by all the parties to create one of Europe’s largest commercial electric vehicle battery cell facilities near Ankara, Turkey. Earlier post.)
Groupe Renault and Faurecia will collaborate on hydrogen storage systems for hydrogen-powered light commercial vehicles. Starting at the end of 2021, Faurecia will supply hydrogen storage systems for a first fleet of light commercial vehicles.
Global Power Synergy PLC (GPSC) is building a battery manufacturing facility in Thailand using 24M’s novel SemiSolid lithium-ion technology ( earlier post ). In the long run, it will consider building a new commercial plant in another location. GPSC is the main power and utility company of PTT Group. Earlier post.)
Under the new plan, the company aims to boost annual global BEV sales to 1.87 million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. The innovation will be expanded to global plants in the future.
ZF’s Commercial Vehicle Solutions (CVS) division presented its latest eMobility technologies ahead of IAA Transportation 2022. eWorX, ZF’s electrified commercial vehicle Power Take-Off (PTO) system for driving on-board work equipment, has also been presented offering emission-free city and urban operation.
Li-Cycle Holdings, the leading lithium-ion battery recycler in North America, and Vines Energy Solutions ( VinES ), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, launched a global recycling partnership. Earlier post.) Earlier post.)
The heart of GM’s strategy is a modular propulsion system and a highly flexible, third-generation global EV platform powered by proprietary Ultium batteries. billion joint venture plant that GM and LG Chem plan to build in Lordstown, Ohio. GM’s all-new modular platform and battery system, Ultium.
Ford announced a new global battery center of excellence—called Ford Ion Park—to accelerate research and development of battery and battery cell technology, including future battery manufacturing. —Hau Thai-Tang, Ford’s chief product platform and operations officer. The Ford Ion Park team is underway already.
Ford Motor Company announced that its Kansas City Assembly Plant will build the all-new E-Transit van, part of a more than $3.2 billion investment in Ford’s North American manufacturing facilities to produce a series of new electric vehicles for commercial and retail customers. billion global investment in electrification through 2022.
The sooner and more exactly the energy suppliers and power grid operators know what customers’ infrastructure requirements will be, the faster and more efficiently they can build them up. Global electric truck portfolio at Daimler Trucks. Different energy suppliers can use these concepts, significantly reducing their planning time.
The FLITE (Fuel via Low Carbon Integrated Technology from Ethanol) consortium, led by SkyNRG and with LanzaTech as the technology provider, will build the first-of-its-kind LanzaJet Alcohol to Jet (AtJ) facility. The facility will convert waste-based ethanol to sustainable aviation fuel (SAF) at a scale of more than 30,000 tons/yr.
of cars on the road globally are electrified, which begs the question: How do we fulfill the promise of EVs to deliver sustainable mobility? The Polestar 0 car—which will be a commercial car, not a concept car—will have net zero emissions when it rolls out of the factory and will not rely on offsetting.
Topsoe is currently a global leader in hydrogen technology, catalysts, and services that enable efficient production of hydrogen. —Amy Hebert, Chief Commercial Officer of Haldor Topsoe. Development of the automated manufacturing facility that will be the largest of its kind is ongoing. Resources. Blennow, A. Hansen, J.
The partnership is part of Europe’s strategic industry initiative, the European Battery Alliance, aimed at building an independent, sustainable, and resilient battery industry in Europe. At present, the commercial production of lithium results in either substantial carbon dioxide emissions, or considerable damage to scarce water supplies.
AVL will lead the following areas of the project: Defining the balance of plant components and the integration of the fuel cell (FC) and hydrogen systems into the vehicle; Building the FC system and integrating it into the vehicle; Creating a digital toolset comprising a coupled vehicle and FC and cooling subsystem models; and.
Representing more than 100,000 Class 8 commercial trucks globally, the Council will collaborate closely with Hyliion to provide key user insights in the development of the Hypertruck, the company’s electric powertrain for Class 8 commercial trucks.
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. We are running out of time to limit global warming. million km as of 30 April 2022.
The two companies plan to build the first US modular thermochemical waste-to-hydrogen production facility in California in the fourth quarter of 2020, with a pipeline of additional projects to follow in 2021. Ways2H Inc., Ways2H Inc.,
SpaceXs Starlink constellation expanded with a Falcon 9 launch on May 6, strengthening its role in global connectivity as demand surges and competition intensifies. Global interest in satellite communications is rising, driven by strategic and commercial needs.
developer of an all-electric vertical take-off and landing (eVTOL) jet, has teamed with Collins Aerospace to design, develop and build the Lilium Jet’s inceptors—the sidestick system used by the pilot to control the aircraft. Lilium N.V.,
subsidiaries of Shell plc, have taken the final investment decision to build Holland Hydrogen I, which will be Europe’s largest renewable hydrogen plant once operational in 2025. Shell Nederland B.V. and Shell Overseas Investments B.V.,
million) to support further development and commercialization. We believe that green hydrogen production has a long and attractive future globally, and we consider the ability to produce it at the efficiencies achieved by Hystar as a significant breakthrough in the electrolysis space. Credit: Hystar.
thyssenkrupp Uhde and ADNOC—a diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi—have signed a memorandum of understanding (MoU) to explore a long-term partnership to create new markets for hydrogen and promote global clean energy value chains.
Proman has finalized an agreement to build two additional 49,900 dwt methanol dual-fuel MR tankers, bringing its total investment in methanol-powered vessels to six newbuildings. Proman will be the sole owner of the Provident and Progressive , alongside the Promise which is due to be delivered in Q3 2022.
Anovion, with its partners, collaborators and stakeholders, will build 35,000 tons per annum of new synthetic graphite anode material capacity for lithium-ion batteries used in electric vehicles and critical energy storage applications. Materials Separation & Processing (Cathode Minerals). Li 2 O spodumene concentrate.
General Motors has begun deliveries of its first next-generation electric vehicles, the GMC HUMMER EV Edition 1 Pickup and BrightDrop EV600 light commercial vehicle, both built on the Ultium Platform. Greatly reduce proliferation of parts combinations used in today’s internal combustion lineups, helping enhance EV profitability.
The company will build two plants with a total capacity of 2 GW to produce green hydrogen. Establishing the Andalusian Green Hydrogen Valley will position Andalusian ports as global leaders in international green hydrogen corridors and in the supply of new sustainable fuels for maritime transport.
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