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ACEA: EU commercial vehicle registrations: down 23.2% in Q1 2020; -47.3% in March

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In March 2020, demand for new commercial vehicles fell by 47.3% across the EU, as measures to prevent the spread of COVID-19 lead to the closure of dealerships, according to the ACEA (European Automobile Manufacturers Association). New commercial vehicle registrations by type in the EU. In Italy registrations tumbled by 71.2%

2020 259
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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

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The European Automobile Manufacturers’ Association (ACEA) has published new data demonstrating the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and both GDP and customer incentives. By contrast, almost half of all EU member states have an ECV market share of 0.5% ECV Units sold.

Greece 150
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Ultracap-maker Skeleton Technologies closes additional €29M, bringing D round to €70.4M

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Ultracapacitor developer and manufacturer Skeleton Technologies closed a further €29 million in its Series D financing. In terms of commercialization, we have started with a relatively niche market of supercapacitors and are now moving to Superbatteries, covering the high efficiency, high power niche of the battery market.

Estonia 186
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Neo Performance Materials to acquire exploration license for rare earth element project in Greenland

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Neo, through a special purpose entity (SPE), plans to explore and develop the Sarfartoq Project to diversify its global sourcing of rare earth ore further and to expand the rare earth supply chains that feed Neo’s rare earth separation facility in Estonia.

Estonia 195
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Toyota’s diesel line-up in Western Europe to be made compatible with HVO100 diesel fuel

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Both the Land Cruiser and Hilux will join the Proace family of light commercial vehicles in being compatible with HVO100 diesel. HVO100 fuel pumps are becoming more common at filling stations in Europe, with around 1,000 already in use across Belgium, Denmark, Finland, Estonia, Latvia, Lithuania, Netherlands, Norway and Sweden.

Diesel 186
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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

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Under an agreement in principle, subject to completion of definitive agreements, Colorado-based Energy Fuels will process natural monazite sands into an RE Carbonate beginning in March or April 2021 and ship a portion of that production to Neo’s rare earth separations facility in Sillamäe, Estonia (Silmet).

Energy 186
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Skeleton Technologies receives US patent for nanoporous carbon powder supercapacitor material; higher energy and power densities and lower cost

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Skeleton Technologies , an energy-storage start-up located in Tartu, Estonia, was recently awarded a US patent ( #7,803,345 ) on its nanoporous carbon powder supercapacitor material. That said, ultracapacitors are showing great promise in several niche applications, most notably the burgeoning market for stop-start vehicles.

Carbon 353