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GM, GE Renewable Energy partner to develop supply chain of rare earth and other materials to support EV and renewable energy growth

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General Motors and GE Renewable Energy signed a non-binding Memorandum of Understanding (MoU) to evaluate opportunities to improve supplies of heavy and light rare earth materials and magnets, copper and electrical steel used for manufacturing of electric vehicles and renewable energy equipment.

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GM, GE Renewable Energy partner to develop supply chain of rare earth and other materials to support EV and renewable energy growth

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General Motors and GE Renewable Energy signed a non-binding Memorandum of Understanding (MoU) to evaluate opportunities to improve supplies of heavy and light rare earth materials and magnets, copper and electrical steel used for manufacturing of electric vehicles and renewable energy equipment.

Renewable 210
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DOE awards $22.1M to 10 nuclear technology projects including clean hydrogen production

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This project will complete key engineering design and demonstration tests to enable cost-competitive, carbon-neutral production of synthetic jet fuel and diesel using nuclear energy from existing light water reactors. 3M Company will develop an isotope recovery process to enable commercial deployment of molten salt reactors.

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ABB and Hynamics collaborate to lower green hydrogen production cost

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Hynamics, the hydrogen subsidiary of EDF group, has signed an agreement to collaborate with ABB and test the ABB Ability OPTIMAX for Green Hydrogen energy management system (EMS), which was launched to market in November 2022, across Hynamics’ plants to help optimize electrical costs of hydrogen production by up to 16%, according to ABB modeling.

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Power Global, Rap Eco Motors to launch mass electric auto-rickshaw line powered by swappable battery technology

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Following an initial product launch in April 2022, the companies will partner to manufacture 50,000 electric auto-rickshaws over the next five years, advancing both companies’ roadmaps for “made in India” manufacturing.

Auto 243
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Yamato Transport and CJPT to study standardization and commercialization of cartridge batteries for battery swapping

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Reduce the cost of BEV introduction: The cost can be reduced by limiting battery capacity and, thus, the total amount of batteries to match actual driving-range needs. As an energy-management solution, the company seeks to propose ways to achieve battery use that matches actual use requirements.

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Study finds technology cost of achieving European 2020 LDV CO2 targets more than offset by resultant fuel savings

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A report published by Cambridge Econometrics and Ricardo-AEA concludes that overall, the cost of technologies required to meet proposed European 2020 CO 2 regulations for vehicles (95 g/km for cars and 147 g/km for vans) will be more than offset by the resultant fuel savings. The project is taking a phased approach.

Cost Of 261