NYK Line invests in waste-to-biofuel company

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NYK Line has invested in Japan-based Sustainable Energy Co.

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GM invests in battery recycling company Lithion

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As the company moves forward, it will work to increasingly localize its battery materials supply chain to North America. GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion Recycling’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

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International Seabed Authority greenlights seabed nodule collection trials by Metals Company

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Ammonia power company Amogy launches operations in Norway

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The company will also pursue strategic partnerships in the region to further these efforts, including a recent MOU signed with Amon Maritime, an ammonia-powered shipping and technology company, to create competitive, full-scale, carbon free transportation solutions. Amogy Inc., a developer of energy-dense ammonia power solutions, opened its Norway operations with the hiring of Christian W. Berg, Managing Director, Amogy Norway.

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Amazon invests in electrofuels company Infinium

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Infinium Electrofuels have the potential to help investor Amazon and other companies to decarbonize their operations and meet their net-zero carbon goals.

The Boring Company tests Prufrock II, aims to beat Gary the Snail by 2024

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Elon Musk recently posted a video of The Boring Company’s (TBC) Prufrock II tunnel boring machine (TBM) emerging from the ground. He also shared that The Boring Company’s latest TBM had tunneled from one property to another to test Prufrock II.

Electric propulsion company Evolito acquires aerospace battery company Electroflight; full powertrain solutions capability

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Evolito, a privately-owned company designing and manufacturing electric motors and controllers for aerospace applications, has acquired the business and assets of aerospace battery solutions company '.

E-bike company Ariel Rider raises $14.8M in Series A

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million in a Serie A round, which puts the company’s valuation at US$74.0 Seattle-based e-bike manufacturer Ariel Rider has raised US$14.8 million.

The Boring Company’s new flagship tunneling machine arrives in Las Vegas

Teslarati

The Boring Company (TBC) unleashed its new tunnel boring machine (TBM) named Prufrock in Las Vegas recently. Prufrock may help Elon Musk’s tunneling company build the Vegas Loop, which will feature several stops along popular tourist destinations in Las Vegas.

Autonomous driving company Pony.ai expands into Arizona, launches robotaxis with Geely in Suzhou

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Pony.ai, a leading global autonomous driving technology company, plans to begin testing its autonomous vehicles in Tucson, Arizona, with trained safety drivers behind the wheel of the vehicles. operation is the first and only location in Arizona for the company.

Brown Investment Properties & Windsor Companies Power Up the Battleground Office Building with SemaConnect EV Charging Stations

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The post Brown Investment Properties & Windsor Companies Power Up the Battleground Office Building with SemaConnect EV Charging Stations appeared first on SemaConnect. Company News Commercial Real Estate Installation Workplace

The Boring Company Vegas Loop gets approval from Commissioners

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The Clark County Nevada Commissioners Board recently approved The Boring Company’s (TBC) Vegas Loop franchise agreement, marking another milestone in the project. As per the agreement, the tunneling company has permission to install and operate a Monorail part of the Vegas Loop.

Chevron New Energies, Crowley invest in marine hydrogen tech company Zero Emission Industries

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Zero Emission Industries (ZEI), a hydrogen technology company for maritime, announced the first close of its Series A funding round. The round is led by Chevron New Energies with additional investment from US-based shipping and logistics company Crowley. The new funds are expected to enable ZEI to roll out its next-generation fully integrated marine power system and scale quickly to meet the demand within the maritime industry for zero-emission propulsion solutions.

The Boring Company offers additional $15M to finance San Antonio Loop 

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The Alamo Regional Mobility Authority (RMA) shared that Elon Musk’s The Boring Company (TBC) offered an additional $15 million to finance the San Antonio Loop. The Boring Company initially offered $27 million to $45 million to support the San Antonio Loop project financially.

The Boring Company starts negotiations for San Antonio, Texas Loop

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The Boring Company (TBC) started negotiations with the Alamo Regional Mobility Authority (RMA) after board members voted to conduct a feasibility study into the project. The Boring Company was one of two finalists for the San Antonio transportation project.

Volkswagen Group software company CARIAD selects BlackBerry QNX for its software platform

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CARIAD, the Volkswagen Group’s software company, has selected BlackBerry QNX technology as one component of its software platform VW.OS.

Direct lithium extraction company EnergyX secures $20M in funding commitments

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Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market.

Battery company Vehicle Energy Japan to become Nissan subsidiary

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Nissan will acquire all the common shares of Vehicle Energy Japan held by investment company INCJ, Ltd. Nissan Motor entered into a definitive agreement to acquire shares in Vehicle Energy Japan , an automotive lithium-ion battery manufacturer. Nissan will acquire the shares after the completion of regulatory procedures, including necessary approvals and permissions. and subscribe to common shares issued by Vehicle Energy Japan.

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Mercedes-Benz acquires electric motor technology company YASA

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Mercedes-Benz has acquired YASA, a pioneer in next-generation electric drive technology.

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Havyard establishes company for hydrogen power for ships

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For several years now, the Norway-based marine and maritime technology company Havyard Group has carried out research and development work on hydrogen propulsion for large vessels, for example through the Pilot E project, in order to develop a large-scale maritime hydrogen project.

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Breakthrough Energy Ventures backs methanol fuel cell company Blue World Technologies

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In late 2021, the company insourced all the production of the core fuel cell components and is currently in pre-series production.

Ford signs nickel supply agreement with Australian mining Company

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Ford Motor Company signed a Memorandum of Understanding for nickel (Ni) supply with BHP. The Australian mining company has already signed a nickel supply agreement with Tesla and Toyota. News Featured Ford Ford Motor Company Tesla

The Boring Company shares sneak peek of Prufrock-1 constructing the Vegas Loop Resorts World exit

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The Boring Company (TBC) provided a sneak peek into the Vegas Loop project after the LVCC Loop’s outstanding performance during CES 2022. The tunneling company showed Prufrock-1’s progress with the Resorts World exit.

Magna invests $77M in Yulu; creates battery-swapping service company

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Magna is expanding into the fast-growing micromobility market by investing $77 million in Yulu, India’s largest electrified shared mobility provider, and creating a battery-swapping service company. As part of the agreement, Magna will have a stake in the company and will hold a seat on Yulu’s board of directors. In addition, the two companies have established a new battery swapping entity to support the rapid growth in electrification of mobility and required infrastructure.

Boring Company San Antonio project gets some competition

Teslarati

The Boring Company’s (TBC) potential San Antonio project has some competition. The Alamo RMA received five proposals in total, including one from The Boring Company. from North Carolina, and a software company Modutram from Mexico. . News Elon Musk Featured The Boring Company

Autonomous vehicle simulation company MORAI secures US$20M Series B

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The company subsequently has established itself as South Korea’s sole provider of full-stack autonomous vehicle simulation solutions. Korea-based MORAI , a developer of full-stack autonomous vehicle simulation technology, secured a US$20-million Series B funding round.

Austrian bus company signs framework agreement for up to 106 Solaris battery-electric and hydrogen buses

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Austrian bus company Österreichische Postbus AG (ÖBB Postbus) has signed another framework agreement with Solaris for the delivery of up to 106 battery-electric and hydrogen buses that would be deployed throughout Austria.

Nikola to acquire battery-pack company Romeo Power

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Headquartered in Cypress, California, Romeo is an energy storage technology company focused on designing and manufacturing lithium-ion battery modules and packs for commercial vehicle applications. The transaction has been approved by the Boards of Directors of both companies. Nikola Corporation and Romeo Power have entered into a definitive agreement in which Nikola will acquire Romeo in an all-stock transaction. The proposed exchange ratio implies a consideration of $0.74

The Boring Company will accept Dogecoin on Loop

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Following statements by Tesla CEO Elon Musk that he will be supporting Dogecoin wherever possible, his tunneling startup, The Boring Company, will begin accepting the crypto current as a means for tourists to pay for a ride in the Las Vegas Loop.

Major companies with large fleets release new EV roadmap for car & truck manufacturers

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Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years.

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Toshiba splitting into three companies; first such spin-off scheme for a Japanese company of this size

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Toshiba Corporation intends to split itself into three standalone companies: Infrastructure Service Co. The separation will create two distinctive companies with unique business characteristics leading their respective industries in realizing carbon neutrality and infrastructure resilience (Infrastructure Service Co.), During its review, the SRC sought input from shareholders on the company’s strategic direction and held discussions with a number of potential partners.

The Boring Company’s Interim Agreement with Fort Lauderdale gets approval

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On Tuesday, June 07, the Fort Lauderdale City Commission agreed to enter into an Interim Agreement with The Boring Company (TBC) for its Las Olas Loop project. The Boring Company’s price for its cost estimate milestone will be announced once the tests are complete.

The Metals Company completes latest deep-sea research campaign

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In 2022, the Company will conduct an initial Prototype Collector Vehicle maneuverability test in the Atlantic Ocean, followed by pilot collection system trials in the CCZ later in the year. TMC’s NORI-D nodule project is the first in the company’s project development pipeline.

Vaekstfonden and DEUTZ AG invest €15M in methanol fuel cell company Blue World Technologies

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Vaekstfonden, the Danish Growth Fund, and the German engine manufacturer DEUTZ AG, are investing €15 million in methanol fuel cell company Blue World Technologies. The aim is to bring the company’s green fuel cell products and solutions to the global market. million in the company.

The Boring Company gets shot at exclusive negotiations for Las Olas Loop in Fort Lauderdale

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The Boring Company (TBC) has a chance to start exclusive negotiations with Fort Lauderdale city officials for its proposed Las Olas Loop. . In July, Fort Lauderdale accepted The Boring Company’s Las Olas Loop proposal but gave other firms 45 days to submit competing bids.

Graphene company Anaphite closes £4.1M round led by Elbow Beach Capital; enhancing EV batteries

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The company’s technology also improves battery capacity and charge rates, potentially reducing charging time by 50%. Test potential niche applications for Anaphite’s technology, for example in drones or e-bikes, validate the company’s battery prototype with an OEM, and complete a 10m roll-to-roll coating line demonstrating Anaphite’s novel low energy battery production process, by the end of 2023.

Elon Musk’s Boring Company linked to 73-acre purchase in East Texas

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Elon Musk’s Boring Company has been linked to a 73-acre land purchase in Bastrop County, Texas. The Boring Company (TBC) already established an office building in Pflugerville. The Boring Company and Gapped Bass LLC are closely linked to each other.

The Metals Company contracts CSIRO-led consortium to develop environmental monitoring and management plan for deep-sea nodule collection

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The Metals Company (TMC) announced that its Australian subsidiary, The Metals Company Australia Pty Ltd., —Gerard Barron, Chairman and CEO of The Metals Company.

Electric jet company Lilium partners with Palantir

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An electric jet startup company, Lilium, has partnered with software giant Palantir to introduce what they think is the future of mobility. Over the past ten years, there has been an explosion in the number of companies looking to offer personal electric aircraft to the masses.

Uranium Energy Corp completes acquisition of Uranium One Americas; largest uranium mining company in US

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The uranium-bearing solution is brought back to surface through production wells where the uranium is concentrated on resin beads for trucking to the company’s Hobson Processing Plant to be concentrated further and dried into yellowcake for market. Uranium Energy Corp.

The Boring Company’s work on Prufrock 2 continues as it opens more jobs in TX

Teslarati

The Boring Company (TBC) continues to work on its tunnel boring machine (TBM), Prufrock 2, in Texas and seems to be making progress with each passing day. Recent TBC job listings hint that the tunneling company is getting closer to launching Prufrock 2 in Austin.

The Boring Company proposes tunnels in Austin and San Antonio

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Elon Musk’s The Boring Company (TBC) has started discussing potential tunneling projects in Austin and San Antonio with city officials. Elon Musk’s Boring Company linked to 73-acre purchase in Texas. The Boring Company was no exception.

Mexico forms state-run company to mine lithium: Litio para Mexico

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Mexico has formed a state-run company called Litio para Mexico (LitioMx) to mine the country’s lithium. President Andres Manuel Lopez Obrador made the announcement in a decree issued in the DOF (Diario Oficial de la Federación). Litio para Mexico will begin operations within the next six months.

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