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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

Green Car Congress

But a range of both advanced and emerging economies have recently announced energy strategies that include substantial roles for nuclear power as well as considerable financial incentives to invest in it. Nuclear is today the second largest source of low emissions power after hydropower, with nuclear plants in 32 countries.

Russia 458
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Russia, China partner on engine for a long-range wide-body aircraft

Green Car Congress

The United Engine Corporation (UEC, part of Rostec State Corporation) signed a memorandum with the Chinese company AECC Commercial Aircraft Engine Co., The Memorandum determines the objectives and main principles of interaction in the joint development of a gas turbine engine for a prospective long range wide-body aircraft (LRWBA/C929).

Russia 150
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Volkswagen Group expands presence in Russia with agreements with GAZ

Green Car Congress

The Volkswagen Group and GAZ Group have extended their manufacturing agreement for Volkswagen and ŠKODA models in Russia until 2025. TDI engines for GAZ light commercial vehicles, opening up new business opportunities in international markets. Volkswagen will provide technical support to integrate the engines in the GAZ model range.

Russia 186
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Hyundai and Kia make €100M strategic investment in Arrival to co-develop electric commercial vehicles

Green Car Congress

Arrival’s scalable electric platform can be adapted for multiple vehicle categories and types which Arrival, Hyundai and Kia will explore for the development of a range of Purpose Built Vehicles (PBV). Founded in 2015, Arrival has production plants and R&D centers in the US, Germany, Tel Aviv, Russia and the UK.

Kia 259
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US and Russia sign agreement to further research and development collaboration in nuclear energy and security

Green Car Congress

The agreement provides the legal framework necessary to expand cooperation between US and Russian nuclear research laboratories, institutes, and facilities in a broad range of areas, including nuclear technology, nonproliferation, fundamental and applied science, energy, and environment.

Russia 252
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Ford and Sollers sign MoU to establish a JV in Russia

Green Car Congress

Ford Motor Company and Russian automobile company Sollers OJSC signed a Memorandum of Understanding (MoU) under which the parties intend to launch a new 50:50-owned joint venture called Ford Sollers for the production and distribution of Ford vehicles in Russia. Ford began producing cars in Russia in 2002. Earlier post.).

Russia 186
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Ford and Sollers form new JV in Russia; letter of intent for $1.4B in long term financing

Green Car Congress

Ford Motor Company and Sollers OJSC have signed agreements to establish a 50-50-owned joint venture in Russia. The new joint venture also announced the Ford Transit medium commercial vehicle will be among several new Ford products to be built by Ford Sollers.

Russia 199