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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.
The company is actively targeting the rapidly growing CNT market, widely used as the material for cathodes in electric vehicle batteries. 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.
New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. The international trucking industry is undergoing a transformation towards more sustainable transport as sales of heavy battery electric trucks are starting to pick up, with Europe in the lead.
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.
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.
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 globalmarket leader in filtration and separations), Energy Revolution Ventures from the UK, Volta.VC Start-up DiviGas has announced a $3.6-million
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.
Nuvera Fuel Cells, LLC, a provider of fuel cell power solutions for motive applications, is teaming with DD DANNAR, LLC (DANNAR) on an integration project to develop hydrogen fuel cell power solutions to markets in need of clean power options that may include municipalities, fleets, military applications, agriculture and mining.
AW-Energy Oy is entering the commercial hydrogen market by introducing a combined WaveRoller and HydrogenHub process for the production of green hydrogen. From an industry, technology and political perspective, we see no barriers to achieving this. —Christopher Ridgewell.
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.
The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a report released by Lux Research. —Lux analyst Chloe Holzinger, one of the report’s lead authors. Medium- and heavy-duty vehicles come in next, growing from $600 million a year in 2019 to a projected $3.6
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.
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
Ethylene is widely used in the chemical industry; its worldwide production exceeds that of any other organic compound. The agreement will enable accelerated deployment of this novel technology across the wider chemicals sector, with Linde marketing to customers under the name EDHOX.
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.).
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. Dual scoring system.
This relationship builds on a previously signed development agreement between Chart and Nikola to work together to develop innovative solutions for the hydrogen electric vehicle market.
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.
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.
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.
Groupe Renault and Faurecia will collaborate on hydrogen storage systems for hydrogen-powered light commercial vehicles. Starting at the end of 2021, Faurecia will supply hydrogen storage systems for a first fleet of light commercial vehicles. —Mathias Miedreich, Executive Vice President of Faurecia Clean Mobility.
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 industrialmarkets. Meritor is an industry leader in axle and brake technology. Strategic rationale.
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.).
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.,
BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.
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.,
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.
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. Refuse collection trucks travel 25,000 miles annually on average and contribute around 1.4%
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.
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.
Anadolu Isuzu, Turkey’s leading commercial vehicle manufacturer, and Proterra announced a new collaboration to power the new generation of Anadolu Isuzu’s all-electric Citi VOLT public transportation buses with Proterra’s commercial vehicle battery technology.
In conjunction with the strategic investment, Chart and McPhy also executed a commercial Memorandum of Understanding (MOU). Chart and McPhy will also work on studying options to scale up projects for production, storage, transport and fueling in all addressable markets. Chart was joined by.
Geespace, a wholly owned subsidiary of Geely Technology Group and China’s first privately owned developer, operator, and mass producer of low-orbit commercial satellites, has successfully launched its first nine satellites into low earth orbit from the Xichang Satellite Launch Center. Rendering of Geely Future Mobility Constellation.
With operations in the United States, India and China, the company has expanded production capacity to more than 3 gigawatt hours (GWh) to meet the increasing demand for EVs as the market matures; the company plans to double this capacity in the next three to four years. —Paul Beach, president, Octillion Power Systems.
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.
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.
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).
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.
Volvo Cars is teaming up with Swedish steel maker SSAB to jointly explore the development of fossil-free, high-quality steel for use in the automotive industry. In 2026, SSAB aims to supply the market with fossil-free steel at a commercial scale. HYBRIT was started by SSAB, iron ore producer LKAB and energy firm Vattenfall.
A new white paper published by the Argonne National Laboratory Collaborative Center for Energy Storage Science (ACCESS) outlines a clear set of battery requirements and research and development needs to accelerate the commercialization of electric propulsion for aviation—from air taxis in the near term to 737 class aircraft in the long term.
The company launched sales of its first commercial robot, Spot, in June of 2020 and has since sold hundreds of robots in a variety of industries, such as power utilities, construction, manufacturing, oil and gas, and mining. Hyundai Motor Group believes that the robotics market has potential for significant growth in the future.
The JV will spread its reach for an innovative pan-European solution for the commercialized fuel-cell-vehicle market. The IToY Truck Innovation Award is determined by a jury of 25 commercial vehicle editors and senior journalists that represent major trucking magazines from Europe and South Africa. Earlier post.).
Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets. One of the top 5 global wind turbine OEMs. Today, these magnets rely on rare earth elements.
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