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

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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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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

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Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.

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

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These awardees will work to acheive important technical and commercialization milestones to advance successful design of a fusion pilot plant (FPP) to move fusion toward technical and commercial viability. Commercial fusion power on a decadal timescale with the compact, high-field ARC power plant.

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Faradion receives first order for sodium-ion batteries for Australian market

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the leader in sodium-ion (Na-ion) battery technology, has received its first order from ICM Australia for high-energy sodium-ion batteries for use in the Australian market. ICM Australia expects a range of Faradion sodium-ion batteries to be available for the Australasian market later in the year. UK-based Faradion Ltd.,

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