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The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

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.

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Volvo Penta, TICO complete build of prototype electric terminal tractor

Green Car Congress

Volvo Penta and TICO have completed the build of the first terminal tractor prototypes powered by Volvo Penta’s electric driveline. The Volvo Group recently announced its ambition to be a net-zero emissions company by 2050, at the latest. TICO will build a series of prototypes in close collaboration with Volvo Penta. Next steps.

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BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019.

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Raven SR & Hyzon Motors to build up to 100 waste-to-hydrogen hubs

Green Car Congress

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. As a non-combustion process, there is no ash, no slag, build up, or hotspots in the equipment.

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SK On, EcoPro Materials and GEM to build battery precursor plant in South Korea

Green Car Congress

SK On will partner with Korea’s largest cathode material company EcoPro, and Chinese battery materials producer GEM to build a battery core material production facility in Saemangeum, South Korea. The three companies together will spend up on 1.21

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Bollinger Motors building design validation pilots of its B4 all-electric chassis cabs

Green Car Congress

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.

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The Boring Company acquires more land for Vegas Loop expansion: report

Teslarati

Reports have indicated that Elon Musk’s tunneling startup, The Boring Company, has purchased a new piece of land in Las Vegas. As noted in a report from the Las Vegas Review-Journal , a firm affiliated with The Boring Company, Object Dash, bought a 1.8-acre million to build. million to build.

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