Remove Commercial Remove Cost Of Remove Environment Remove Hyundai
article thumbnail

Juniper Research forecasts on-road hydrogen vehicles to exceed 1M globally by 2027

Green Car Congress

These positives have led to significant investment by car manufacturers, including Hyundai, Toyota and BMW. The report identified the nascent development stage of many commercial vehicle types and the high average cost of hydrogen-powered commercial vehicles—more than $70,000 globally in 2022—as key factors limiting adoption.

Hydrogen 474
article thumbnail

FCA US and Aurora to partner to develop and to deploy self-driving commercial vehicles

Green Car Congress

FCA US and Aurora signed a memorandum of understanding laying the groundwork for a partnership to develop and deploy self-driving commercial vehicles. Delivering level 4 autonomy, Aurora Driver is composed of technology that is able to sense and navigate the environment without human intervention.

article thumbnail

Euronav partnering with Hyundai Heavy, LR and DNV to accelerate development of dual-fuel ammonia-fitted tankers

Green Car Congress

Crude oil tanker company Euronav NV announced a Joint Development Program (JDP) with the largest shipbuilder in the world, Hyundai Heavy Industries (HHI) and classification societies Lloyd’s Register and DNV, to help accelerate the development of dual fuel Ammonia (NH 3 ) fitted VLCC and Suezmax vessels. million (US$66.4 million each).

Hyundai 186
article thumbnail

GlobalData: Maruti Suzuki expects lower EV penetration in India by 2030 compared to government’s target

Green Car Congress

Spotting of multiple Maruti Suzuki test EVs sparked speculation about an India launch but the recent inputs from the new CEO suggests that the company believes that the market is isn’t yet ready for EV commercialization. That said, the company has research & development ongoing for EV products.

Suzuki 150
article thumbnail

Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

This growing trend not only benefits the environment but also presents an enormous opportunity for businesses associated with the EV ecosystem. Additionally, electric autos contribute to reducing noise pollution as they operate silently, creating a more peaceful and sustainable transportation environment.

India 98
article thumbnail

CNG industry sales jump 38% to 940,000 units in first 11 months of FY2024 | Autocar Professional

Baua Electric

CNG Passenger Vehicles: 402,433 units, up 32% YoY Maruti Suzuki’s strong grip on the market, Tata ahead of Hyundai With a 43% contribution to overall CNG vehicle sales between April 2023 and February 2024, the passenger vehicle industry with 402,433 units and 32% YoY growth has the largest share of the CNG vehicle industry.

article thumbnail

More details about California’s proposal requiring bidirectional charging capabilities for all EVs

Charged EVs

In recent testimony, Nuvve CEO Gregory Poilasne told the lawmakers that bidirectional charging can reduce the total cost of EV ownership, and that it’s essential for integrating more renewable energy into the grid. In just a few years, every new EV, on both the consumer and commercial sides, is likely to be bi.

Charging 133