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AIChE and IChemE to build global alliance on hydrogen

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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.

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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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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 trillion in 2022, IRENA said.

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NTT DATA and DENSO building industry-wide dataspace for EV batteries

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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. Overview of the Global Trusted Dataspaces.

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SEMI forecasts global chip industry to invest >$500B in new factories by 2024; automotive and HPC

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The worldwide semiconductor industry is projected to invest more than $500 billion in 84 volume chipmaking facilities starting construction from 2021 to 2023, with segments including automotive and high-performance computing (HPC) fueling the spending increases, SEMI announced in its latest quarterly World Fab Forecast report.

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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

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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). AME remains the majority shareholder of HIF Global LLC.

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Hydrogen Heavy Duty Vehicle Industry Group signs agreements to industrialize 70 MPa high-flow refueling; H70HF

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The Hydrogen Heavy Duty Vehicle Industry Group—comprising Air Liquide, Hyundai, Nel Hydrogen, Nikola Corporation, Shell and Toyota—has signed agreements with Tatsuno Corporation and Transfer Oil S.p.A. to industrialize globally-standard 70 MPa hydrogen heavy-duty vehicle high-flow (H70HF) fueling hardware components.

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Cadillac CELESTIQ to be built at GM’s Global Technical Center

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General Motors will invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ ( earlier post ). The investment will be used to purchase and install related equipment to hand-build the CELESTIQ and campus renovation work has already begun.

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