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SafeAI, Siemens, Obayashi collaborate to bring retrofitted autonomous, zero-emission heavy vehicles to off-road industries

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SafeAI brings its powerful, scalable AI-powered retrofit autonomy to the collaboration, while Siemens provides its industry-leading hardware and software capabilities in zero-emission powertrains, and the necessary infrastructure to operate these vehicles.

Emissions 397
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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. On the other hand, venture finance deal values also grew from $595.23 Last year, mergers and acquisitions (M&A) deals reached $24.4

Hydrogen 473
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BMW i Ventures co-leads investment in circular supply chain company Cyclic Materials; recycling rare earth elements

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BMW i Ventures announced an investment in Canada-based Cyclic Materials , a circular supply chain company focused on recycling rare earth elements (REE) ( earlier post ). The financing will be used to establish a hub and spoke network for the company’s commercial scale operations.

BMW 199
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INFINITI selects 9 Internet of Things (IoT) and smart city startups for INFINITI LAB program in Canada

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million in funding between them, and during the program they will receive education, mentorship and access to technology from corporate and technology partners including new partners IBM Canada and TribalScale, and existing partners including Techstars, OMERS Ventures, and the City of Toronto. The nine participating startups have raised $2.7

Infinity 207
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EC presents action plan for critical raw materials

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The List of Critical Raw Materials has been updated to reflect the changed economic importance and supply challenges based on their industrial application. A number of raw materials are essential for Europe to lead the green and digital transition and remain the world’s first industrial continent. It contains 30 critical raw materials.

Europe 365
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Electrovaya completes C$5M financing; new Office of Chairman

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Canada-based Li-ion battery maker Electrovaya Inc. completed a financing for C$5 million (US$4.96 This financing provides valuable working capital for future growth, including certain strategic initiatives. joint ventures, licensing, strategic investors and partnerships across the industries of electric. Sankar Das.

Financing 218
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VERBIO launches first cellulosic RNG plant in the USA

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The VERBIO Nevada (Iowa) Biorefinery began producing renewable natural gas (RNG) on an industrial scale in December 2021. The Group has approximately 900 employees at its locations in Germany, India, the USA, Canada, Poland, and Hungary. VERBIO recently officially launched the first cellulosic RNG plant in the US.

USA 195