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

Green Car Congress

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. In total, an amount in the low nine-figure USD range is flowing into HIF Global LLC. AME remains the majority shareholder of HIF Global LLC. Earlier post.).

Porsche 243
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Haru Oni e-fuels demo plant in Chile officially opens

Green Car Congress

E-Fuels company HIF Global, together with partners, authorities, and community representatives, celebrated the production of the first liters of synthetic gasoline at the Haru Oni Demonstration Plant in southern Chile. We are very interested in importing climate-friendly hydrogen derivatives and fuels. Earlier post.).

Chile 426
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Volkswagen Group continues switch to low-emission logistics with order for four more LNG ships

Green Car Congress

Volkswagen was one of the first car manufacturers to subscribe to the goals of the Paris Climate Agreement that aim to limit global warming to significantly less than two degrees by 2050. Only unavoidable emissions are offset by climate protection measures. The use of LNG not only reduces CO 2 emissions.

Emissions 476
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APEX Group to build electrolysis plant for ArcelorMittal steelworks decarbonization project in Bremen (HyBit)

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The project name HyBit stands for “Hydrogen for Bremen’s industrial transformation” and marks the start of the decarbonization of steel production in Bremen, Germany. Following in the next stages with the use of new production technologies, it will enable us to be producing climate-neutral steel in Bremen by the mid-30s.

Building 243
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Volkswagen Group selected as new Industry Group Leader in Dow Jones Sustainability Index

Green Car Congress

RobecoSAM AG has listed Volkswagen AG as the Industry Group Leader in the Automobiles and Components sector in this year’s review of the Dow Jones Sustainability Indices (DJSI). The report analyzes the initiatives of the world’s largest listed companies in addressing countermeasures against climate change.

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Indian SUV major Mahindra intends to equip its new EV platform with MEB components from Volkswagen

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The shared objective of the two companies is to electrify the Indian automotive market, one of the most important automotive growth markets and a key element in the global decarbonization of the mobility sector. India is one of the Global Top-5 Automotive Markets with about three million vehicles per year.

India 186
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MAHLE criticizes EC CO2 regulation proposal for abandoning technology neutrality

Green Car Congress

Last week, the European Commission adopted a package of proposals to make the EU’s climate, energy, land use, transport and taxation policies fit for reducing net greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels (Fit for 55). Earlier post.). As a result, all new cars registered as of 2035 will be zero-emission.

CO2 199