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SAF company DG Fuels closes investments with two Japanese companies

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DG Fuels, LLC (DGF), a developer of sustainable aviation fuel (SAF) facilities ( earlier post ), announced the successful closing of investment transactions with two Japanese companies. With the investments in DGF made by aviner & co., Chishima Real Estate Co.,

Companies 370
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Canada orders three Chinese companies to divest from Canadian critical minerals companies

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The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., Power Metals Corp is a Canadaian mining company exploring and developing cesium, lithium and tantalum assets in Canada.

Canada 353
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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. YASA’s axial-flux electric motor. Founded in 2009, YASA’s proprietary axial-flux electric motor is a step-change from the legacy radial electric motor technology. YASA will provide electric motors for Mercedes-Benz’s AMG.EA

Mercedes 459
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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 '. We are looking forward to partnering with more companies thanks to this innovative new technology. Electroflight SEED.

Companies 221
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Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

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Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Zeekr aims to deliver a new electric vehicle to market each year in the coming five years.

Auto 435
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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. The models offered include Urbino 9 LE electric and Urbino 12 hydrogen buses.

Hydrogen 458
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Chinese company reportedly seeks to invest $10B in Afghanistan’s lithium mining sector

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According to the Afghanistan Ministry of Mines and Petroleum, China-based Gochin Company company seeks to invest US$10 billion in Afghanistan’s lithium mining sector.