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Ford, LG Energy Solution, Koç Holding to form JV to build battery gigafactory in Turkey

Green Car Congress

Ford Motor Company, LG Energy Solution and Koç Holding signed a non-binding memorandum of understanding (MoU) to form a new joint venture subject to final agreement by all the parties to create one of Europe’s largest commercial electric vehicle battery cell facilities near Ankara, Turkey. Earlier post.)

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Turkey Launches Its First Homegrown Automotive Company & It’s Electric!

CleanTechnica EVs

Turkey has established itself as a global automotive manufacturing powerhouse and in 2017, Turkey’s President Erdo?an an sought to capitalize on that capability by launching a domestic electric vehicle company. Disclaimer: Travel and accommodations for the author […].

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Turkey-based BD Otomotiv in talks to rescue THINK brand from bankruptcy

Green Car Congress

Sustainable transport group BD Otomotiv (BD OTO AS) said it is in advanced negotiations with the Norwegian court-appointed Trustee of THINK Global to rescue the electric vehicle brand from bankruptcy. BD Otomotiv is a Turkey-based investment group which in recent years has focused on electric transportation.

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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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Global clean energy investment was $67.8 billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). VC/PE fundings of specialist clean energy companies have reached $7.5 Turkey at $1.2 Spain at $1.9

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Karsan unveiling “Buy America” CNG bus at UTIP World Global Transport Summit

Green Car Congress

Turkey-based Karsan will introduce its first “Buy America” compliant vehicle at the upcoming UITP World Global Transport Summit, 15-17 May at Palais des Congrès de Montréal, QC Canada. Levent Erdogan, Business Development and Projects Director for Karsan, said that the company is currently in discussions with a US-based manufacturer.

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Global geothermal industry passes 12,000 MW operational

Green Car Congress

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Successful Enhanced Geothermal Systems (EGS) projects in the US were led by Calpine Corp.,

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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 October, a Prins technology paper presented at the 2013 Global Technology Conference (GTC) in London “Development of Dual Fuel technology: Prins Dieselblend-2.0 The company reported €19.7 While global sales of light duty LPG vehicles are projected to grow by 2.6%

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