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Airbus and Munich Airport International expand partnership to develop Advanced Air Mobility solutions globally; CityAirbus eVTOL

Green Car Congress

Airbus and Munich Airport International signed a Memorandum of Understanding at ILA Berlin Air Show to start marketing turnkey solutions to cities and regions interested in developing advanced air mobility (AAM) ecosystems globally. In September 2021, the Company unveiled its fully electric eVTOL prototype, CityAirbus NextGen.

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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

Green Car Congress

Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. During 2022, over 393 deals related to hydrogen were closed, representing a significant increase compared to 277 deals registered in 2021.

Hydrogen 473
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Tesla lays off ‘more than 10%’ of its global workforce

Electrek

Tesla has announced layoffs of “more than 10%” of its global workforce in an internal company-wide email. We exclusively reported yesterday that Tesla was prepping a massive layoff.

Global 145
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SK invests in electrofuels company Infinium

Green Car Congress

SK Trading International (SKTI), a wholly owned subsidiary of SK Innovation, has closed a round of institutional funding into electrofuels developer Infinium. The investment will support acceleration of Infinium’s commercial developments globally. Earlier post.)

Companies 435
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Geely and Renault Group to create global powertrain company for advanced hybrid and efficient ICE powertrains

Green Car Congress

Geely Holding Group, Geely Automobile Holdings Limited (collectively “Geely”) and Renault Group have signed a non-binding framework agreement to create a new global leader to develop, manufacture and supply best-in-class hybrid powertrains and highly efficient ICE powertrains. —Luca de Meo, CEO Renault Group.

Global 186
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LG Energy Solution hosting 3rd round of international competition to identify promising battery start-ups

Green Car Congress

LG Energy Solution will host the LGES Battery Challenge 2022, an international competition to identify start-ups for potential investment and collaboration. This is the third time the company is hosting the competition. Applications will be accepted through 16 September.

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Vingroup member VinES and Li-Cycle launch global battery recycling partnership

Green Car Congress

Li-Cycle Holdings, the leading lithium-ion battery recycler in North America, and Vines Energy Solutions ( VinES ), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, launched a global recycling partnership. Earlier post.)

Li-ion 273