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A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East. —study co-author Olivia Williams.
Eighteen months after start of construction of its intelligent satellite production and testing center in Taizhou, China, Geely Technology Group has begun mass production of commercial satellites. Geely’s entry into the commercial satellite business is part of the Group’s transformation into a global mobility technology enterprise.
The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. The space industry is one of the world’s fastest growing sectors.
a leading AI company with strong internet foundation, has secured the first permits in China to offer commercial fully driverless robotaxi services to the public on open roads. Fully driverless cars providing rides on open roads to paying customers means we have finally come to the moment that the industry has been longing for.
million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.
In an online event from Seoul, Hyundai Motor Group presented plans to popularize hydrogen by 2040 through the introduction of new technologies and mobility solutions in transportation and other industrial sectors. High durability stacks for commercial vehicles will achieve 500,000 kilometers of drive range. Fuel Cell e-Bogie.
is partnering with Colorado-based Lightning Systems, a global developer of zero-emission drivetrains. Final production and testing of the new vehicles will be completed at Plug Power’s headquarters in Latham, New York, before they are made commercially available to the public in the third quarter of 2020. Plug Power Inc.
million seed round to support the commercialization of a new next-generation polymeric hydrogen separation membrane. The funding is led by the venture arm of MANN+HUMMEL (a global market leader in filtration and separations), Energy Revolution Ventures from the UK, Volta.VC Start-up DiviGas has announced a $3.6-million Source: DiviGas.
Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors. The company’s second-generation magnet will offer a magnetic field strength of 1.5
Nuvera is a developer of fuel cells for commercial power, especially for motive applications. With existing and forthcoming emissions mandates, DANNAR and Nuvera would be able to meet the needs of organizations and industries seeking clean energy options for mobility. Nuvera is a subsidiary of Hyster-Yale Group, Inc., The DANNAR 4.00
FCRD's primary business will be the development of fuel cell systems for commercial vehicles to contribute to the realization of a clean mobility society in China. FCRD is a company that holds tremendous significance for Toyota's global FC strategies. Each company will invest in the joint venture.
PACCAR and Aurora have signed a global, strategic agreement to develop, test and commercialize autonomous Peterbilt and Kenworth trucks. Aurora provides industry-leading self-driving technology, including hardware, software and operational services. Autonomous Peterbilt 579 Test Vehicle with Aurora Driver.
ELYSIS has selected the Alma smelter, operated by Rio Tinto in Saguenay-Lac-Saint-Jean, Québec, for the first installation and demonstration of its inert anode technology at a commercial size of 450 kiloamperes (kA)—a common capacity for modern, full-scale smelters. Earlier post.). Earlier post.). Earlier post.). Earlier post.).
NYK Line, Toshiba Energy Systems & Solutions Corporation, Kawasaki Heavy Industries Ltd., The project, which will begin this month, is Japan’s first effort to develop a commercially available FC vessel and carry out a demonstration operation involving the supply of hydrogen fuel. Kawasaki Heavy Industries, Ltd. Background.
GM announced new commercial applications of its HYDROTEC fuel cell technology. They could also back up or temporarily replace grid-sourced electricity for residential and small commercial enterprises at times of power disruption. —Charlie Freese, GM executive director of the global HYDROTEC business.
eFuels company HIF Global ( earlier post ) and Siemens Energy reached an agreement under which Siemens Energy will supply electrolyzers to the HIF Matagorda eFuels Facility. We face a time of incredible expansion in hydrogen production amid global supply chain challenges.
ArcelorMittal published a concept for a low-carbon emissions steel standard to help incentivize the decarbonization of steelmaking globally and support the creation of market demand for physical steel products which would be classified as lower, and ultimately near-zero, carbon emissions steel.
Ethylene is widely used in the chemical industry; its worldwide production exceeds that of any other organic compound. With the EDHOX process, we have not only developed a cost-efficient alternative but are also providing the petrochemical industry with a low-emission process.
earlier known as Synthetic Genomics, has signed a joint development agreement with ExxonMobil Research and Engineering Company (EMRE) with the intent to bring Viridos’ low-carbon intensity algae biofuels toward commercial levels. Viridos Inc.,
SafeAI, a global leader in autonomous heavy equipment, announced a collaboration with Siemens today to create an autonomous, zero emission heavy vehicle fleet for Obayashi Corporation. In partnership with pioneers like SafeAI and Obayashi Corporation, we can imagine a more sustainable future for these industries.
Plug Power unveiled a new high-power stationary fuel cell system for charging commercial electric vehicle (EV) fleets. Operators deploying commercial electric vehicles face many obstacles, from grid power capacity restrictions to clean power requirements to long waits for grid infrastructure upgrades and installations.
Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai believes China has a massive potential for hydrogen powered commercial vehicles. —In Cheol Lee, Executive Vice President and Head of Commercial Vehicle Division at Hyundai Motor.
Nikola, via HYLA ( earlier post ), is bringing comprehensive zero-emission heavy-duty trucking energy solutions to market, and each station within the HYLA hydrogen network will serve as an important step in the delivery of a broader array of hydrogen fueling solutions to the commercial trucking industry.
Westinghouse Electric Company and Bloom Energy Corporation have entered into a Letter of Intent to pursue clean hydrogen production in the commercial nuclear power market. The companies are teaming to identify and implement clean hydrogen projects across the nuclear industry. Earlier post.).
This will be the world’s first demonstration project in which a large amount of ammonia will be co-fired in a large-scale commercial coal-fired power plant. Yara is one of the world’s largest producers of ammonia, a global leader in ammonia sales and shipping, and actively working to decarbonize the ammonia production process.
Hyliion, a developer of electrified powertrain solutions for Class 8 semi-trucks, has formed the Hypertruck Innovation Council, a group of fleet, logistics, and transportation industry leaders that will actively support the development of Hyliion’s Hypertruck powertrain solution.
This is the largest commercially operated grid-connected flexible balancing engine ever to run on a hydrogen fuel blend, representing therefore a world-first achievement. Hydrogen electrolyzer manufacturing capacity sits at nearly 8 GW/yr today, but it could exceed 60GW/yr by 2030 based on industry announcements.
Following successful field trial results, Cemvita has created a wholly owned subsidiary for the Gold Hydrogen business, Gold H2 LLC (GH2), and subsequently raised and closed funding into the entity, led by founding investors Chart Industries and 8090 Industries. billion in 2020. It is growing at a CAGR of 54.7% billion by 2028.
Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Meritor is an industry leader in axle and brake technology. —Tom Linebarger, Chairman and CEO, Cummins.
ZF’s Commercial Vehicle Solutions (CVS) division presented its latest eMobility technologies ahead of IAA Transportation 2022. eWorX, ZF’s electrified commercial vehicle Power Take-Off (PTO) system for driving on-board work equipment, has also been presented offering emission-free city and urban operation.
a designer and manufacturer of electrolyzers, recently signed a memorandum of understanding (MoU) with Black & Veatch, a global engineering, procurement, consulting and construction company, to offer a complete and integrated solution for producing large-scale green hydrogen for industrial customers. Next Hydrogen Solutions Inc.,
A joint industry partnership to commercialize clean, gold hydrogen, the program’s founding members include synthetic biology company Cemvita Factory (innovator in low-carbon microbial solutions for energy and mining resource extraction, production, and renewal); and Chart Industries, Inc. (a a leader in clean energy solutions).
The partnership is part of Europe’s strategic industry initiative, the European Battery Alliance, aimed at building an independent, sustainable, and resilient battery industry in Europe. Over time, production volumes are expected to increase substantially. Batteries are a key technology of our time.
The report, Opportunities for hydrogen in commercial aviation , which had technical input and funding from The Boeing Company, finds that growing hydrogen industry momentum could provide an opportunity to introduce hydrogen for niche airport applications (such as ground support equipment) as early as 2025. —Dr Marshall.
More than 300 customers have plced orders for a total of 10,000 E-Transit vans, according to Ford Pro, the globalcommercial and government business and brand within Ford. For commercial customers, a van is a tool to get a job done, and one size does not fit all needs. —Andrew Walker, Ford Pro commercial van brand manager.
Analysis of a study by S&P Global Mobility shows the number of new near-zero emission diesel trucks on the road in the US increased 10.2% For the entire (Class 3-8) commercial truck population of more than 15 million vehicles, 75.6% They comprise 57% of all commercial diesel trucks (Class 3-8) on the roads today. are CNG, 0.3%
FPT Industrial, the global powertrain brand of Iveco Group, has entered into an agreement to make a minority investment in Blue Energy Commercial Vehicles Private Ltd, a zero-emission truck technology company headquartered in Pune, India, engaged in the manufacturing of clean energy trucks under the brand Blue Energy Motors.
has entered into a strategic partnership with Curbtender , a market leader in Under CDL (vehicles that do not require a Commercial Drivers License) refuse trucks and a pioneer in automated side-loader collection. XL Fleet Corp. Curbtender Quantum. Refuse collection trucks travel 25,000 miles annually on average and contribute around 1.4%
a developer of energy-dense ammonia power solutions ( earlier post ), and Amon Maritime, an ammonia-powered shipping and technology company, signed a memorandum of understanding (MOU) to advance carbon-free, ammonia power solutions for the global shipping industry. Amogy Inc.,
million)—was completed and has begun commercial operations. The CNT produced at this plant will be supplied to market-leading global electric vehicle battery companies as a conductive additive. Indeed, the industry expects the global CNT demand to grow explosively at 40% per year, from 5,000 MT last year to 20,000 in 2024.
Seamless electrified ecosystem required from rock to road to secure the North American automotive industry Battery development and production is strategically important for the transition to clean-energy economy and to remain globally competitive Sustainable lithium mining and processing is an essential component of this ecosystem.
The investment will support acceleration of Infinium’s commercial developments globally. Infinium’s technology focuses on production of liquid fuel alternatives for industries that are challenged with decarbonization today, such as long-haul trucking, marine and aviation. Earlier post.) Infinium electrofuels process.
This award marks the first Advanced Class Gas Turbines in the industry specifically designed and purchased as part of a comprehensive plan to sequentially transition from coal, to natural gas and finally to renewable hydrogen fuel, and creates a roadmap for the globalindustry to follow. and Hitachi, Ltd.
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