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DOE awarding $46M to 8 companies to support commercial fusion energy development

Green Car Congress

The US Department of Energy (DOE) announced $46 million in funding ( DE-FOA-0002809 ) to eight companies advancing designs and research and development for fusion power plants. Commercial fusion power on a decadal timescale with the compact, high-field ARC power plant. ST40 also achieved the highest triple product by a private company.

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Hyundai Motor to expand XCIENT fuel cell truck entry into US market

Green Car Congress

Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. And amongst others, it also offers already today a practical and viable solution to decarbonize the heavy-duty commercial vehicle sector providing excellent drive range, payloads and refueling time on our trucks.

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EVR Motors partners with EKA Mobility to provide advanced lightweight electric motors for e-buses and Light Commercial Vehicles in India

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Israeli startup EVR Motors has partnered with India’s EKA Mobility, an electric vehicles and technology company, a subsidiary of Pinnacle Industries Limited, to design small, lightweight electric motors for their e-buses and Light Commercial Vehicles (LCVs) in India. EVR will support the setup of EKA’s assembly line.

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ABI Research projects worldwide commercial EV market to surpass US$680B by 2027

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According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 This market valuation refers to the total industry-wide global revenues derived from all commercials EVs sold yearly. billion in 2020 to more than US$682 billion by 2030.

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How HummingbirdEV uses modular platforms and micro-factories to lower the cost of commercial EVs

Charged EVs

The commercial EV market is hot—a bit too hot for some. To date, the company’s technology has been successfully deployed in more than 500 commercial vehicles, including trucks, buses, and agricultural and mining equipment. Charged : We’ve seen so many commercial EV makers come and go. That takes time and focus.

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Stellantis partners with Qinomic to develop electric retrofitting of light commercial vehicles

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Extending vehicle life and usage is at the heart of the Stellantis Circular Economy Business Unit, which is leading the initiative in collaboration with the Commercial Vehicle Business Unit and the Stellantis Ventures Studio. —Xavier Peugeot, Stellantis Senior Vice President, Commercial Vehicle Business Unit. Stellantis N.V.

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The Metals Company and Low Carbon Royalties form strategic partnership

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Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. This transaction also offers TMC shareholders exposure to a royalty company that I am confident under Brian’s leadership will become a market leader.

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