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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 industrializeglobally-standard 70 MPa hydrogen heavy-duty vehicle high-flow (H70HF) fueling hardware components.
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 This will be the first volume production of fuel cells in Norway and a hub for the Norwegian hydrogen industry. gigawatt, per year.
This relationship builds on a previously signed development agreement between Chart and Nikola to work together to develop innovative solutions for the hydrogen electric vehicle market. This purchase also includes the most recent design of Chart’s liquid hydrogen transport trailers, building upon over 57 years of hydrogen trailer experience.
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.
Canada has released a list of 31 minerals considered critical for the sustainable economic success of Canada and its allies—minerals that can be produced in Canada, are essential to domestic industry and security and have the potential to support secure and resilient supply chains to meet global demand. —Seamus O’Regan Jr.
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 proven industrial-scale processes eliminate supply chain concerns over mass adoption. Source: Unifrax.
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.
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.
The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. The money needs to go into building new mines and refineries, as well as into expanding existing assets. The EU has an ICE ban from 2035.
A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories.
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.
Northvolt and Stora Enso recently signed a letter of intent on a purchase of the Kvarnsveden Mill and the surrounding industrial area in Borlänge, Sweden. With its access to energy, industrial water and the broad production know-how in the region, Kvarnsveden is an optimal site for a gigafactory.
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 Texas plant will ensure the US has a secure domestic source of high quality separated Rare Earth materials.
The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6
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. Over time, production volumes are expected to increase substantially. —CEO of EIT InnoEnergy Germany, Christian Müller.
The new joint venture will be located in an organized industrial zone in Başkent, near Ankara. Ford and Koç Holding had originally signed a non-binding MoU with battery maker SK On to build the battery JV in Turkey. This new joint venture project builds on long-standing business relationships Ford has with both LGES and Koç Holding.
These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. Of course, this logic is correct only from a global planner’s point of view, where the planner puts equal weights across individuals.
For Umicore this investment represents the final step in establishing a global production presence with battery material value chains that are regionally fully integrated to support its customers in their fast transformation towards sustainable electric mobility.
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 automotive industry is often talking about what will happen post 2030, but this can’t be the focus. The truth is that we have to reduce GHG emissions within this decade.
The company will build two plants with a total capacity of 2 GW to produce green hydrogen. Aside from replacing grey hydrogen in industrial processes, green hydrogen will also have a multiplier effect when used in the production of renewable fuels that will replace traditional fossil fuels.
Seamless electrified ecosystem required from rock to road to secure the North American automotive industry Battery development and production is strategically important for the transition to clean-energy economy and to remain globally competitive Sustainable lithium mining and processing is an essential component of this ecosystem.
Rising global demand for electric vehicles and economic energy storage systems has led to projections showing an orders-of-magnitude increase in demand for lithium. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.) EnergyX and Orocobre plan to deploy their pilots in the near future.
Ford Motor Company will build two new massive, environmentally and technologically advanced campuses in Tennessee and Kentucky that will produce the next generation of electric F-Series trucks and the batteries to power future electric Ford and Lincoln vehicles. billion BlueOvalSK Battery Park—creating 5,000 jobs. Ford Blue Oval City.
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. GM’s ability to stack batteries vertically is unique in the industry and it allows for a flat cabin floor and more interior room than comparable EVs that use cylindrical battery packs.
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. —Dr Marshall.
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.
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. The amount of CO 2 being captured today is 43 million tons, or 0.1%
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 consortium consists of leaders from their respective industries. The FLITE project kick-off was held on 8 December 2020.
Hyliion, a developer of electrified powertrain solutions for Class 8 semi-trucks, has formed the Hypertruck Innovation Council, a group of fleet, logistics, and transportation industry leaders that will actively support the development of Hyliion’s Hypertruck powertrain solution.
In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.
This is a globally significant project that positions CP at the leading edge of decarbonizing the freight transportation sector. CP will continue to focus on finding innovative solutions to transform our operations and adapt our business, positioning CP and our industry as leaders for a sustainable future.
Global technology and power solutions leader Cummins Inc. Here we are seeing how green hydrogen can improve sustainability for industrial manufacturing and how the demand for decarbonized hydrogen solutions will grow. The Cummins electrolyzer system is installed at the Air Liquide hydrogen production facility in Bécancour, Québec.
Aeva , a company building next-generation sensing for autonomous vehicles ( earlier post ), and ZF are partnering to bring the first Frequency Modulated Continuous Wave (FMCW) LiDAR to market for autonomous driving applications. Earlier post.). —Soroush Salehian, Co-Founder of Aeva.
Hyundai Heavy Industries (HHI) Group became the world’s first shipyard to construct an LNG-fueled very large container ship (VLCS). To date, HHI Group has won orders to build a total of 44 vessels operating on LNG, including bulk carriers, tankers and container ships, earning the leading spot in global shipbuilding orders.
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.,
million) ammonia cracker prototype designed to produce green hydrogen at industrial scale. This innovative green ammonia cracker could be a game-changer for scaling up the green hydrogen industry – an important step to drive the energy transition. A Siemens Energy-led consortium has begun work in Newcastle, UK on a new £3.5
HME is the global supplier of secondary eDrives for Volkswagen’s all-wheel drive MEB models with power greater than 185 kW. The system was designed using Magna’s fully integrated, modular and scalable building block approach, resulting in a cost-efficient and highly advanced product that meets the various demands for global application.
The FLXdrive battery-electric locomotive is a defining moment for freight rail and will accelerate the industry toward low- to zero-emission locomotives. It builds upon the rail industry’s position as the most efficient and sustainable mode of transportation. —Eric Gebhardt, Wabtec Chief Technology Officer.
the leading global provider of auxiliary wind propulsion systems, announced the installation of five tilting Rotor Sails ( earlier post ) on board a new-build Very Large Ore Carrier (VLOC) chartered by Vale, the Brazilian mining company. Norsepower Oy Ltd.,
As demand for electric vehicles (EVs) increases, industry analysts and the federal government agree the United States needs to build a sustainable battery recycling infrastructure. Battery Resourcers is investing $43 million in the facility at 9172 Industrial Drive in Covington, which will bring at least 150 jobs to the community.
While there is global potential to generate renewable energy at costs already competitive with fossil fuels, a means of storing and transporting this energy at a very large scale is a roadblock to large-scale investment, development and deployment. of global greenhouse gas emissions (or about 1.4% Credit: Joule , MacFarlane et al.
The proposed funding covers a range of industrial activities, from geoscience and exploration to mineral processing, manufacturing and recycling applications, including support for research, development and technological deployment. Enhancing global security and partnership with allies. Earlier post.)
This trend is being driven by what Gelsinger called “the digitization of everything” and four superpowers—ubiquitous compute, pervasive connectivity, cloud-to-edge infrastructure, and AI—that are permeating the automotive and mobility industries. He also detailed elements of the company’s previously announced IDM 2.0
Building on an existing collaboration announced on 27 Jun 2018 with Ballard Power Systems, the leading global provider of proton exchange membrane (PEM) fuel cell solutions, ABB and HDF intend to optimize fuel cell manufacturing capabilities to produce a megawatt-scale power plant for marine vessels.
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