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Archer Aviation finds a partner to commercialize eVTOL travel in Korea, demo flights coming in Q4

Baua Electric

Electric Vertical Takeoff and Landing (eVTOL) aircraft developer Archer Aviation is continuing to lay the global groundwork for commercial operations in a new territory: South Korea. The agreement also entitles KaKaoMobility to the purchase of up to 50 Archer Midnight eVTOLs worth approximately $250 million.

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Haru Oni e-fuels demo plant in Chile officially opens

Green Car Congress

Porsche, one of the partners, contributed with research and an offtake agreement to purchase Haru Oni eGasoline for lighthouse projects such the Porsche Mobil 1 Supercup and the Porsche Experience Centers. The facility expects to start commercial operations in March 2023.

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United announces investment in, commercial agreement with Dimensional Energy; CO2-to-SAF

Green Car Congress

United and United Airlines Ventures (UAV) announced an investment in and commercial agreement with Dimensional Energy. Under the commercial agreement, United has agreed to purchase at least 300 million gallons of SAF over 20 years from Dimensional. Dimensional Energy, which recently received a $3.1-million

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REE closes $15M share offering, links with Airbus, and showcases demo EV at Work Truck Week

Baua Electric

Lastly, the public is getting its first public look at REE’s all-electric demo vehicle at Work Truck Week 2024. Commercial operators have taken notice of REE and the potential of its modular technology, filling its order books with tens of millions of dollars. Each ordinary share was sold at a public offering price of $6.50

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Learn From the Best Minds in Commercial Robotics Development

Cars That Think

The Robotics Summit & Expo , taking place May 10-11 at the Boston Convention Center, will bring together the brightest minds in robotics to share their commercial robotics development experiences. Gain full access to the world’s leading event dedicated to commercial robotics development with our discounted rate.

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Hyundai signs MOU with South Korean government and industry partners to demo EV battery leasing business

Green Car Congress

Through this agreement, Hyundai aims to foster an EV ecosystem by alleviating the initial cost burden of EV purchases and by providing innovative services that enable eco-friendly reuse of batteries. As a result, KST Mobility is able to have lower initial investment for EV purchases.

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Global Bioenergies obtains €4.4M loan to complete financing of demo plant, begins construction

Green Car Congress

Global Bioenergies, a startup developing and commercializing a fermentation process that targets gaseous isobutene, has obtained a €4.4-million million) loan from a consortium of four French banks—BNP Paribas, Société Genéralé, CIC and Bpifrance—to complete the financing of its demo plant. million (US$4.7-million)

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