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Chile to nationalize lithium industry

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Chile President Gabriel Boric announced that his government will nationalize the country’s lithium industry, with the objective of increasing wealth for the country, and developing a key industry as a fundamental step to link Chile’s economic development with the change towards a green economy at a global level.

Chile 459
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Chevron New Energies, Crowley invest in marine hydrogen tech company Zero Emission Industries

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Zero Emission Industries (ZEI), a hydrogen technology company for maritime, announced the first close of its Series A funding round. The round is led by Chevron New Energies with additional investment from US-based shipping and logistics company Crowley.

Chevron 334
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Vaekstfonden and DEUTZ AG invest €15M in methanol fuel cell company Blue World Technologies

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Vaekstfonden, the Danish Growth Fund, and the German engine manufacturer DEUTZ AG, are investing €15 million in methanol fuel cell company Blue World Technologies. The aim is to bring the company’s green fuel cell products and solutions to the global market. million in the company.

Companies 446
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Nucor investing in start-up company Electra developing zero-carbon iron technology

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Just as Nucor changed the face of the steel industry 53 years ago with our first electric arc furnace, successfully developing and scaling up a zero-carbon iron product is the type of transformative technology that could change the steel industry as we know it. Electra’s process results in zero carbon dioxide emissions.

Carbon 293
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Faurecia and Accenture partner on products and services for connected and autonomous vehicles

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Umicore starts industrialization of HLM manganese-rich battery materials technology for EVs

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Umicore is starting the industrialization of its manganese-rich HLM (high lithium, manganese) cathode active materials (CAM) technology and is targeting commercial production and use in electric vehicles (EVs) in 2026. —Ralph Kiessling, Executive Vice President Energy & Surface Technologies at Umicore

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Autonomous truck company Inceptio Technology raises US$188M in Series B+

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Inceptio Technology, an autonomous driving truck technology and operation company ( earlier post ), closed a US$188-million Series B+ equity financing. At the end of 2021, Inceptio Technology and China’s leading OEM started mass production of L3 autonomous driving heavy-duty trucks after three years of development.

Companies 259