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Hyundai Motor and Kia revamp R&D organization to make it more agile, flexible and independent like startups

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Hyundai Motor Company and Kia Corporation are reorganizing their joint research and development (R&D) organization to be able to respond flexibly to the rapidly changing global automotive industry, advance the transition to electrification and accelerate the development of Software Defined Vehicles (SDVs).

Kia 417
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Yanmar commercializing maritime hydrogen fuel cell system

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Yanmar Power Technology, a subsidiary of Yanmar Holdings, is commercializing a 300 kW maritime hydrogen fuel cell system. The company plans to propose the installation of this system into various ships, including passenger ships, work ships, and cargo ships operating in coastal areas where hydrogen refueling is relatively accessible.

Hydrogen 359
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Electrolyzer company Hystar raises US$26M to scale up to full commercial operations

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Hystar AS, a Norway-based electrolyzer company, announced a Series B funding round of US$26 million to support the scale-up to full commercial operations with an automated GW-capacity production line by 2025. Hystar’s patented technology is targeting hard-to-abate sectors at scale, such as steel, ammonia, and heavy-duty transportation.

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Shipping industry companies launch new zero-carbon shipping research center

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A group of leading shipping industry companies are taking the next step to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The founding company partners behind this initiative are ABS, A.P. The Center expects to attract several more partner companies in the future.

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Startup licenses ORNL technology for converting organic waste to hydrogen

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The technologies work as a system that converts organic waste into renewable hydrogen gas for use as a biofuel. The system combines biology and electrochemistry to degrade organic waste—such as plant biomass or food waste—to produce hydrogen. —Alex Lewis, CEO.

Waste 294
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Japanese demonstration project begins for commercialization of vessels equipped with high-power fuel cells

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NYK Line, Toshiba Energy Systems & Solutions Corporation, Kawasaki Heavy Industries Ltd., The project, which will begin this month, is Japan’s first effort to develop a commercially available FC vessel and carry out a demonstration operation involving the supply of hydrogen fuel. Role of each company.

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Si-anode company NEO Battery Materials to partner with Korea Metal Silicon

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—which intends to become a silicon anode materials supplier to the EV industry— entered into a Memorandum of Understanding (MOU) with South Korean silicon powder manufacturer, Korea Metal Silicon Co., The agreement would help accelerate NEO’s commercialization plans of its silicon anode technology. Korea Metal Silicon Co.

Companies 435