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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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NYK Line invests in waste-to-biofuel company

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which has developed its own integrated subcritical-water organic-waste power-generation system (ISOP) system, which decomposes organic substances using subcritical-water-treating technology and ultimately produces green energy products such as biofuels. The products can be reused as green energy products such as bio-coal, biogas (e.g.,

Waste 448
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Volkswagen Commercial Vehicles moves ahead with Autonomous Driving RD; ID. BUZZ the first AV

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Volkswagen Commercial Vehicles, a brand within the Volkswagen Group, is consistently and rapidly advancing the development and implementation of autonomous driving. The planned introduction of autonomous systems for traffic use in 2025 is currently being prepared at Volkswagen Commercial Vehicles.

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

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Under the terms of the MOU, NEO will closely engage with KMS to collaborate with the intent of pursuing solutions to remove the cost bottleneck associated with nanosilicon powders and to develop manufacturing capabilities to mass-produce low-cost nanosilicon powders at a scalable and commercially viable level for NEO’s proprietary silicon anodes.

Companies 435