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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

Therefore, automakers are committing operational investments of nearly US$600 billion to secure their position in the future automotive market, according to GlobalData, a leading data and analytics company. It is near the top of the game for companies active in the EV space. The company leads in deals (M&A, partnerships, JV, etc.)

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Toyota sponsors Milken Institute Global Conference, advocates for fuel cell vehicles

Green Car Congress

Toyota used the 2014 Milken Institute Global Conference in Los Angeles—which it sponsored, becoming the first automaker to do so—as a platform to argue for fuel cell vehicles and the opportunities they represent. The company has committed to introducing a zero-emission hydrogen fuel cell sedan (FCV) by 2015.

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Technoking of Tesla Elon Musk to speak at ONS Conference

Teslarati

Tesla’s Technoking Elon Musk is scheduled to speak at the ONS 2022 Conference along with a few world leaders and energy company CEOs. The conference will take place from August 29 to September 1, 2022. The global economy represents 80 percent of global energy consumption, and the emissions are on track to a 3.5

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ITF launches global initiative to decarbonize transport

Green Car Congress

The International Transport Forum (ITF) at the OECD has launched a major global initiative towards carbon-free transport. Transport activity currently contributes 23% of global CO2 emissions from fossil fuels, with the share expected to rise. The COP 21 Paris Agreement created a political pathway for global CO 2 mitigation efforts.

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Westport Innovations acquires alt fuel systems company Prins Autogassystemen for €12.2M

Green Car Congress

Natural gas engine and vehicle company Westport Innovations Inc. In collaboration with Keihin Corporation of Japan, a leading manufacturer of Original Equipement (OE) fuel systems, Prins developed an advanced sequential vapor gas injection system (VSI). The company reported €19.7 million (US$15.1 million (US$8.2 million (US$6.9

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Japanese officials raid a Toyota group plant after the company admitted cheating on engine testing – ET Auto

Baua Electric

Analysts say the group companies’ problems are likely to have a limited impact on Toyota’s earnings because their sales and profits are a small fraction of Toyota’s overall global earnings. Its group global vehicle sales for 2023 were a record 11.22 Hours after the probe began at Toyota Industries Corp.’s

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Nornickel, Rosatom and FESRC to design and build LNG-icebreaker to escort Nornickel ships along Northern Sea Route

Green Car Congress

Nornickel, the largest industrial company in the Russian Arctic, has unique expertise in operating the Northern Sea Route, a strategic transport artery of the global logistics system. The company is ramping up its shipping volumes to prevent delays in its strategic investment projects in the Norilsk Industrial District.

Design 195