Green Car Congress

NOVEMBER 19, 2022

The Nikkei reports that Japan-based motor maker Nidec is planning to invest an estimated ¥100 billion (US$715 million) to build an e-axle plant in Mexico. The company is currently producing e-axles in China and Europe but will start making them in North America as well ahead of an expected surge in demand. million e-axles.

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Mexico Building North America Automobile 259

Green Car Congress

JUNE 16, 2021

Unifrax, a global manufacturer of high-performance specialty materials, plans to build its first large-scale SiFAB (silicon fiber anode material) manufacturing line at its north central Indiana facility. The Indiana plant will be the first to begin building SiFAB long-term manufacturing capacity.

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Manufacturer Building Indiana Tax Credit 417

Green Car Congress

DECEMBER 1, 2022

of cars on the road globally are electrified, which begs the question: How do we fulfill the promise of EVs to deliver sustainable mobility? That’s why Polestar set itself three climate targets: to become climate neutral company by 2040; to halve emissions per sold car by 2030 compared to 2022; and create a climate neutral car by 2030.

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Economy Building Batteries Battery 330

Green Car Congress

FEBRUARY 18, 2021

Our ambition is to build an advanced innovation center combined with a giga factory, meaning that we will produce fuel cells with a capacity of 1200 megawatts, or 1.2 We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry.

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Norway Hydrogen Fuel Building 468

Green Car Congress

MARCH 3, 2022

In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. The company also unveiled targets for sales and financial performance to be achieved by 2030. Under the new plan, the company aims to boost annual global BEV sales to 1.87

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Hyundai Global Motor Motors 370

Green Car Congress

JANUARY 22, 2019

Mercedes-Benz Cars will build a battery factory at the site in Jawor, Poland, and thus extend its global battery production network to nine factories. In Jawor, approximately 100 km away from the German border, Mercedes-Benz is currently building a state-of-the-art engine factory. Global battery production network.

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Poland Mercedes Global Building 249

Green Car Congress

APRIL 28, 2021

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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Waste Hydrogen Building Motor 459

Green Car Congress

JUNE 24, 2023

The aviation sector alone contributes 2-3% of global carbon emissions. Sustainable aviation fuels decarbonizing air transport are called for globally by industry and regulators.

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Global Climate Change Production Carbon 150

Green Car Congress

AUGUST 23, 2023

Australia-based hydrogen fuel cell vehicle company H2X Global recently secured a US$57-million deal with US-based firm, Verde Mobility Inc., We anticipate this will crank up our vehicle production to 25,000 units a year, and provide a sturdy financial foundation for the company. million investment into H2X.

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Global North America Hydrogen Fuel 195

Green Car Congress

APRIL 7, 2022

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). Earlier post.).

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Porsche Chile Global Industrial 243

Green Car Congress

DECEMBER 26, 2021

Vaekstfonden, the Danish Growth Fund, and the German engine manufacturer DEUTZ AG, are investing €15 million in methanol fuel cell company Blue World Technologies. The aim is to bring the company’s green fuel cell products and solutions to the global market. million in the company. —Dr Frank Hiller, CEO of DEUTZ AG.

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Companies Fuel Denmark Climate 446

Green Car Congress

JULY 2, 2022

Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. million cars by mid-decade, which it aims to meet with a global manufacturing footprint spanning Europe, the US and Asia.

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Slovakia Volvo Europe Manufacturer 273

Green Car Congress

JULY 8, 2022

With immediate effect, responsibility for global battery business is to be held by the newly created company “PowerCo”. In addition to cell production, the new company will be responsible for activities along the entire battery value chain. PowerCo will become a global battery player. —PowerCo CEO Frank Blome.

Standards 259

Standards Global Batteries Battery 259

Green Car Congress

DECEMBER 1, 2022

Ford has produced its 150,000 th Mustang Mach-E electric vehicle since starting production nearly two years ago, a significant milestone as the company scales EV production to a rate of 600,000 annually by late 2023 and more than 2 million annually by 2026.

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Ford New Zealand Building Argentina 448

Green Car Reports

FEBRUARY 25, 2021

a collaboration that could see the Taiwanese firm building Fisker electric cars for global markets beginning in 2023. On Wednesday the two companies announced a memorandum of understanding for a jointly-developed "global electric vehicle project," to be manufactured by Foxconn.

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Fisker Global Building Electric Cars 115

Green Car Congress

AUGUST 23, 2022

Asia is expected to register the highest refinery Fluid Catalytic Cracking Units (FCCU) capacity additions globally between 2022 and 2026, accounting for approximately 48% of the total capacity additions by 2026, according to GlobalData, a data and analytics company. —Teja Pappoppula, Oil and Gas Analyst at GlobalData.

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Asia Global Oman Nigeria 195

Green Car Congress

JULY 30, 2023

The parties have now agreed to set up a joint venture company by the end of 2023, of which Beijing Easpring Material Technology will own 70% and Finnish Minerals Group 30%. The goal of the company is a state-of-the-art production plant capable of offering precursor cathode active material with an unprecedentedly low carbon footprint.

Companies 195

Companies Lithium Ion Finland China 195

Green Car Congress

DECEMBER 18, 2022

Redwood Materials will build its next Battery Materials Campus just outside of Charleston, South Carolina. The site also provides the company the opportunity to expand operations potentially to several hundred GWh annually to meet future demand. billion in the local community.

South Carolina 273

South Carolina Li-ion Building Batteries 273

Green Car Congress

OCTOBER 13, 2022

NTT DATA Corporation and DENSO Corporation have started to build an industry-wide ecosystem for electric vehicle (EV) batteries to create a global trusted dataspaces where only necessary data can be shared, while also protecting private data. The two companies were officially approved as business operators in September 2022.

Industrial 199

Industrial Industry Building Batteries 199

Green Car Congress

OCTOBER 18, 2022

The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. of global emissions. Companies are already becoming more ambitious in their projects.

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Carbon Global Tax Credit Wyoming 293

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 Most of this (56%) will be put towards building 1.2

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

DECEMBER 14, 2021

ABIC), a special purpose acquisition company (SPAC), have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division ( earlier post ), to create a new publicly traded company. Harley-Davidson and AEA-Bridges Impact Corp. billion at closing.

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Electric Motorcycles Motorcycles Companies Electric 418

Green Car Congress

JUNE 26, 2023

Among the deals: June 2023: Australian startup European Lithium and Saudi Arabia’s Obeikan Investment Group announced an agreement to create a joint venture to build and operate a lithium hydroxide refinery in Saudi Arabia. Rabigh Refining & Petrochemical Company will supply feedstock in the form of decant oil. Earlier post.)

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Saudi Arabia Supplies Building Chevron 170

Green Car Congress

MARCH 26, 2023

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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South Korea Indonesia Building Batteries 199

Green Car Congress

SEPTEMBER 24, 2022

GM is aggressively scaling battery cell and EV production in North America to reach our target of more than 1 million units of annual capacity by 2025, and we plan to eliminate tailpipe emissions from all our new light-duty vehicles by 2035—so we are building a supply chain and recycling strategy that can grow with us.

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GM Companies Batteries Battery 218

Green Car Congress

AUGUST 18, 2021

a waste-to-fuels company, closed a $20-million strategic investment from Chevron USA, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund. Raven SR plans to build modular waste-to-green hydrogen production units and renewable synthetic fuel facilities initially in California and then worldwide. Raven SR Inc., Earlier post.).

Chevron 397

Chevron Hydrogen Renewable Fuel 397

Green Car Congress

OCTOBER 13, 2022

Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). The “Inflation Reduction Act” will drive roughly 30GW/111GWh of energy storage build from 2022 to 2030, according to BNEF.

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Energy Storage Global Market Energy 259

Electric Cars Report

FEBRUARY 3, 2024

Hyundai Motor Company and Iveco Group announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV portfolio alongside the iconic IVECO Daily.

Hyundai 103

Hyundai Europe Building Electric 103

Green Car Congress

APRIL 28, 2021

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. This 200,000 sq.-ft.

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Ford Global F-150 Batteries 334

Green Car Congress

SEPTEMBER 22, 2021

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. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.

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Commercial Global Market Vehicles 296

Teslarati

JANUARY 27, 2024

Tesla is set to invest over $500 million into building a Dojo supercomputer at its New York Gigafactory, as announced during a state budget briefing this week. In addition, Hochul says the global AI market has reached a total value of about $150 billion, though it’s expected to balloon to $1.3 trillion in just a few years.

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New York Building Tesla Solar 140

Green Car Congress

APRIL 22, 2021

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.

Hydrogen 397

Hydrogen Universal Commercial Building 397

Baua Electric

APRIL 24, 2024

American automaker Ford, whch is known to be working on an affordable EV platform, is set to build more electric vehicle (EV) software capabilities at its Ford Business Solutions India operation, based in Chennai. The company which has, thus far, invested around US$ 250 million in the Chennai hub, plans to make further investments.

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Ford Building India Affordable 52

Green Car Congress

AUGUST 9, 2022

Foxconn plans to build an EV ecosystem and a complete battery production chain in the southern city as part of its ambition to expand into the EV industry, ranging from the development of EVs to the production of battery packs and cells, and energy storage systems. million (US$50,000) per vehicle.

Taiwan 259

Taiwan Building Batteries Battery 259

Green Car Congress

JANUARY 16, 2023

Hanwha Group and LG Energy Solution (LGES) will invest in building battery production facilities in the United States. The two companies signed a memorandum of understanding in Seoul for comprehensive battery business cooperation for ESS (energy storage systems) and other clean-tech energy solutions.

Building 199

Building Energy Batteries Battery 199

Green Car Congress

OCTOBER 20, 2022

billion in its US operations, including $1 billion to prepare for the production of electric vehicles at the company’s Plant Spartanburg in South Carolina, and $700 million to build a new high-voltage battery assembly facility in nearby Woodruff, SC. By 2030 BMW Group will build at least six fully electric models in the US.

BMW 243

BMW Building South Carolina Batteries 243

Green Car Congress

OCTOBER 6, 2021

General Motors announced the Wallace Battery Cell Innovation Center, an all-new facility that will significantly expand the company's battery technology operations and accelerate development and commercialization of longer range, more affordable electric vehicle batteries.

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GM Building Batteries Battery 243