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thyssenkrupp Steel, HKM and Port of Rotterdam jointly investigate setting up hydrogen supply chains

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A concrete and significant demand for hydrogen from the steel industry as an alternative to coal as well as the options to store CO 2 can work as a stimulus for the realization of this infrastructure.

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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March appears to have been solid, on preliminary data, and April may even reach prior-year volumes thanks to strong government stimulus, but we do not see all of the lost volume being made up. Preliminary registrations statistics for the month of March suggest a year-over-year decline in new Class 4-8 truck registrations of approximately 30%.

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Li-ion maker Boston-Power adds $30M in funding; China expansion

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GSR Ventures is an early-stage venture capital firm focused on building world-class technology companies in China. Long-standing Boston-Power investors Oak Investment Partners and Foundation Asset Management (FAM) also participated. '. The firm invests primarily in the Internet, wireless, green technology, and semiconductor sectors.

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Eaton to Support Project to Develop and Deploy Medium-Duty Plug-in Hybrid Systems; Stimulus Funding to Support Largest Commercial PHEV Demonstration to Date

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million grant to develop a fully integrated, production plug-in hybrid system for Class 2 – 5 vehicles (8,501 – 19,500 lbs gross vehicle weight), and the accompanying demonstration of a fleet of 378 plug-in hybrid trucks and shuttle buses. Eaton Corporation’s truck and electrical businesses will support a $45.4 Earlier post.)

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Proterra introduces 35-foot electric bus

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Built from the ground-up to be completely optimized as an EV, the Catalyst is the only purpose-built bus in its class. Moreover, the contract seeks to match and qualify contract users with federal grant and/or stimulus funds.

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. GSR Ventures has offices in Beijing and Silicon Valley. Purcell, Jr., Earlier post.).

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Navistar Officially Unveils eStar, Its First Purpose-Built All-Electric Commercial Truck

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million federal stimulus grant to build electric trucks. This Class 2c-3 electric truck—the first in its category—has a range of 100 miles per charge, making it ideal for many urban applications. e-Star Quick Specs. 80 kWh Li-ion pack. 70 kW, 300 N·m (221 lb-ft) motor. Max speed: 50 mph (80 km). Range: 100 miles (161 km).