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Balqon Receives Initial $490,000 Purchase Order for Heavy-Duty Electric Drive Systems From New China-Based Distributor

Green Car Congress

Under the terms of the dealer agreement, DynaProTech plans to integrate Balqon’s zero-emissions electric drive systems into electric buses, heavy-duty trucks, light commercial vehicles and automobiles for use throughout China. billion) in the alternative-energy vehicles industry during the next 10 years. Verde in Spain.

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The Global Outlook of Electric Vehicles

Blink Charging

In fact, China accounted for half of the worldwide growth of EV sales in 2021, and IEA writes that more EVs were purchased there in 2021 than in the entire rest of the world throughout 2020. Who is leading the way with electric vehicle adoption? What is being done to overcome the challenges to electric vehicle adoption?

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Ampal Signs Option Exercise Agreement to Acquire 25% in Ethanol Project in Colombia

Green Car Congress

pursuant to which it has exercised an existing option to convert Ampal’s existing $22.249 million loan ($20 million plus accrued interest) into a 25% equity interest in a sugarcane ethanol production project in Colombia being developed by Merhav. Colombia requires 10% ethanol blending in gasoline distributed in Colombia.

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Shell and Sumitomo Corporation invest in LO3 Energy to develop blockchain-based community energy platform

Green Car Congress

In 2017, Shell and fellow energy majors BP and Statoil, along with trading houses Gunvor, Koch Supply & Trading, and Mercuria; and banks ABN Amro, ING and Societe Generale, announced a collaboration to develop a blockchain-based digital platform for the energy commodity trading industry. Earlier post.).