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Osum Oil Sands closes $500M private placement; new investors include government of Singapore

Green Car Congress

The financing was led by a combination of new and existing shareholders. Preparatory work for a second commercial project in the region is also ongoing with an extensive core well and seismic program planned on both the Saleski East and West project areas for this winter. Canada-based Osum Oil Sands Corp.

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Joby Aviation secures $100M in Series B for electric VTOL; Intel, EDBI, JetBlue and Toyota

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Venture-backed startup Joby Aviation has secured $100 million in Series B financing to take its all-electric vertical take-off and landing (eVTOL) passenger aircraft into pre-production and certification. The company is now focused on developing a commercial version of that design, and preparing that vehicle for certification.

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MISC, Samsung Heavy, Lloyd’s Register and MAN partner to develop ammonia-fueled tanker

Green Car Congress

Shipping’s decarbonization as a shared obligation was also a key talking point during the Global Maritime Forum held in Singapore in October 2019 where more than 220 industry leaders congregated to discuss the challenges facing the shipping industry. Ammonia is just one of the pathways towards zero-carbon emitting vessels. Earlier post.).

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

Green Car Congress

The new Hyundai BEV models will include three sedan models, six SUVs, one light commercial vehicle as well as one new type model. Presentation of Gang Hyun Seo, Executive Vice President and Head of Finance & Accounting Division at Hyundai Motor Company. The previously announced target was 560,000 units by 2025. trillion (US$ 3.6

Hyundai 370
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Digital Currency and Trade Systems Are Tearing up the Rules

Cars That Think

These platforms—which combine open alliance legal agreements (like Visa or Mastercard's legal agreements), distributed ledger technology (for example, blockchains like IBM's hyperledger ), and end-to-end encryption—can handle not only payments but also finance, trade, tax, and audits in a uniform manner.

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Contour Energy Systems secures Series C funding

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Contour Energy Systems has raised a Series C round of financing from Singapore’s leading global fund, EDBI (EDB Investments Pte Ltd.) Locating Contour’s Asian headquarters and R&D center in Singapore, an international business hub with a vibrant R&D landscape, will expedite the commercial rollout of Contour’s game-changing technology.

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The Godfather of South Korea’s Chip Industry

Cars That Think

But it was Kim and his colleagues at Fairchild who realized the first CCD devices that evolved into commercial products widely used in digital photography, radiography, and astronomy. The South Korean government had established the institute in 1971 with financing from the United States Agency for International Development and had invited.