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Cabot Corporation to open new battery application technology center in Europe

Green Car Congress

Cabot Corporation plans to establish a new technology center in Münster, Germany. Cabot has commercial sales with the top global battery producers and these innovations have further enabled Cabot to build strong partnerships with battery producers.

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Sumitomo Corporation of Americas makes strategic investment in hydrogen fuel provider OneH2

Green Car Congress

Sumitomo Corporation of Americas (SCOA), the largest subsidiary of Sumitomo Corporation, one of the world’s largest traders of goods and services, has invested in OneH2, a hydrogen fuel company headquartered in Longview, North Carolina.

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Nikola Announces Commercial Launch Of Hydrogen Fuel-Cell Truck

Electric Cars Report

Nikola Corporation, via its HYLA brand, achieved a significant milestone as it celebrated the commercial launch of the Nikola hydrogen fuel cell electric vehicle at its state-of-the-art manufacturing facility in Coolidge, Ariz.

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Groupe Renault changes China strategy: light commercial vehicles and electric passenger cars

Green Car Congress

Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). EV sales are expected to reach 25% of the Chinese market by 2030. million customers in China and close to 162,000 sales in 2019. Chinese ICE passenger car market. Jinbei is a well-established brand with 1.5

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XL Fleet going public via merger with SPAC Pivotal Investment Corporation II; expanding fleet portfolio to all-electric solutions

Green Car Congress

XL Fleet and Pivotal Investment Corporation II, a publicly traded special purpose acquisition company (SPAC), have recently entered into a definitive merger agreement. XL has strong demand momentum with a $220-million 12-month sales pipeline and forecasted revenue of more than $21 million in 2020 and $75 million in 2021.

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Ford may extend its lead in commercial EV sales

Teslarati

Ford has two massive deals that could secure tens of thousands of electric vehicle sales for the coming years. Ford has long had a significant presence in commercial fleet sales. The brand has become synonymous with the police cars and service trucks they have supplied to countless government agencies and large corporations.

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Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development

Green Car Congress

Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). and Irvine, Calif.

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