BMW Group increasing use of digitalization and Industry 4.0 in production logistics

Green Car Congress

The BMW Group is increasingly relying on innovations from the fields of digitalization and Industry 4.0 We are already working with tomorrow’s Industry 4.0 Digitalization and innovations help the company organise logistics more flexibly and more efficiently. Industry 4.0

2018 120

Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

Green Car Congress

CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation. Canada-based Carbon Engineering Ltd. (CE)

2019 145

Schaeffler and IBM sign Watson IoT partnership; Industry 4.0

Green Car Congress

Schaeffler manufactures millions of precision-engineered products that help to keep the world’s machines moving—from those that go into automotive clutch systems, to those in hybrid engines and the huge industrial bearings used in wind turbines. Industry 4.0 Big Data Industry 4.0

2016 88

Upstream Security: cyber hacks could cost auto industry $24 billion within 5 years

Green Car Congress

Cyber hacks might cost the auto industry roughly $24 billion within five years, according to a new study by Upstream Security , which specializes in cloud-based security protection. billion, while we are seeing that the cost for the industry as a whole could reach $24 billion by 2023.

2018 127

Fuji Heavy Industries to change company name to Subaru Corporation

Green Car Congress

Fuji Heavy Industries Ltd., the manufacturer of Subaru vehicles, will change its company name to Subaru Corporation with effect from 1 April 2017 (tentatively). Implementation of the name change is subject to shareholder approval for amendments to the company’s Articles of Incorporation at the 85 t h General Meeting of Shareholders scheduled for 28 June 2016.

2016 60

Khronos Group exploring industry interest for new open standard for high performance embedded computing (HPEC) applications

Green Car Congress

The Khronos Group has created an Exploratory Group to gauge industry interest for a potential new open standard for high performance embedded computing (HPEC) applications. If there is enough interest, Khronos will create a Working Group and welcome any company to join in the development as a multi-vendor, open standard API.

2019 68

Fabless semiconductor company MediaTek entering automotive industry with connected and autonomous focus

Green Car Congress

Fabless semiconductor company MediaTek plans to bring fully integrated multimedia, connectivity and sensor system solutions to the automotive industry beginning Q1 2017. We are developing semiconductor solutions to make an impact in the automotive industry and are focused on core areas of In-Vehicle Infotainment, Telematics, safety ADAS to further the evolution toward autonomous driving.

2016 76

Nissan LEAF helps power company’s NA facilities with V2G; Nissan Energy

Green Car Congress

Working with Fermata Energy, a vehicle-to-grid (V2G) systems company, Nissan North America is launching a new pilot program under the Nissan Energy Share initiative which leverages bi?directional The company will also develop new ways to reuse electric car batteries.

2018 115

Volkswagen Truck & Bus launches RIO: open cloud-based platform for transportation industry digitization

Green Car Congress

to MAN’s heavy-duty distribution eTruck—Volkswagen Truck & Bus is launching RIO—a new brand bundling digital solutions for transportation & logistics into a cloud-based open platform that can serve as the “operating system” for the entire transportation industry. To date, harnessing data within the transportation industry is often not possible due to the players involved who use different software systems—e.g. Connected vehicles Fleets Industry 4.0

2016 76

Toyota develops general-purpose hydrogen burner for industrial use; NOx emissions below natural gas burner levels, zero CO2

Green Car Congress

Toyota Motor Corporation (Toyota) has developed the what it says is the world’s first general-purpose hydrogen burner for industrial use in collaboration with Chugai Ro Co.,

2018 115

Infineon launches €106M “Productive4.0” research project; largest European research effort to date in Industry 4.0

Green Car Congress

“ Productive4.0 ”, the largest European research initiative to date in the field of Industry 4.0, Coordinated by Infineon Technologies AG, more than 100 partners from 19 European countries will work on digitizing and networking industry. The aim is to create a user platform across value chains and industries that especially promotes the digital networking of manufacturing companies, production machines and products. Europe Industry 4.0

2017 60

HD REV powertrain company Wrightspeed gearing up for commercialization push

Green Car Congress

The company recently showcased its powertrain technology alongside Mack Trucks at Waste Expo 2016 in Las Vegas and signed a $30+ million deal with NZ Bus, signaling multinational and multimodal demand for the company’s powertrain technology. Wrightspeed Inc.,

2016 159

Thomson Reuters report finds established auto industry companies, not Silicon Valley, leading development of autonomous driving tech

Green Car Congress

Established automotive industry companies—not Silicon Valley—are leading the development of autonomous driving technology, according to a new report from the Intellectual Property and Science business of Thomson Reuters.

2016 78

Mitsubishi Rayon acquires majority of carbon fiber reinforced plastics company Wethje; targeting auto industry

Green Car Congress

MRC) recently executed a share sales and purchase agreement by which it will acquire 51% of Wethje Holding GmbH , a German company engaged in manufacturing of carbon fiber reinforced plastics (CFRP) parts for automobile applications, from Wethje parent Cross Industries AG. MRC observed that the European Automotive industry is moving towards a full-scale adoption of CFRP parts. Mitsubishi Rayon Co.

Opposed-piston engine company Achates Power raises $35.2M in Series C Financing; new industry advisory board

Green Car Congress

The company also announced the formation of a new Industry Advisory Board, and its selection as a semi-finalist in the Securing America’s Future Energy (SAFE) Energy Security Prize. The company says that the Series C funding and Industry Advisory Board formation will help accelerate its product development and commercialization efforts. Achates Power, Inc.,

2013 81

Brazilian Industrial Biotech Association formed

Green Car Congress

Industrial biotechnology companies have formed the Brazilian Industrial Biotechnology Association (in Portuguese ABBI - Associação Brasileira de Biotecnologia Industrial). ABBI brings together companies and institutions developing and using microorganisms and its derivatives to deliver renewable products for industries and consumers worldwide.

Nexar joins Berkeley DeepDrive Industry Consortium

Green Car Congress

Nexar , developer of a vehicle-to-vehicle network app that turns smartphones into connected AI dashcams, will join the Berkeley DeepDrive ( BDD ) Industry Consortium, a research alliance bringing together private industry sponsors, faculty, and researchers from multiple departments and centers.

2016 74

Porsche takes 10% stake in the electric technology and sports car company Rimac; development partnership

Green Car Congress

Porsche AG has taken a 10% stake in the technology and electric sports car company Rimac Automobili. As part of its electrification efforts, Porsche is seeking a development partnership with the young company.

2018 122

H2FUTURE building world’s largest green hydrogen pilot plant; targeting the steel industry

Green Car Congress

The partners from industry and power generation will use this facility to research into future breakthrough technologies which are needed to meet global climate goals over the long-term.

2018 109

BMW Group, BASF SE, Samsung SDI and Samsung Electronics launch cross-industry project to support sustainable cobalt mining

Green Car Congress

As part of a cross-industry initiative, the BMW Group, BASF SE, Samsung SDI and Samsung Electronics have launched a joint cobalt pilot project in the Democratic Republic of the Congo. A contract to this effect between the companies, together with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, will aim to improve artisanal mining working conditions, as well as living conditions for surrounding communities.

Congo 81

Ricardo forms company to commercialize cryogenic split-cycle engine: CryoPower

Green Car Congress

Liquified nitrogen is already routinely produced in electrically powered air separation units by the industrial gases industry, both directly and as a by-product of the production of liquid oxygen from air.

2018 95

Why Is The Shale Industry Still Not Profitable?

Green Car Congress

shale companies, and found that “despite rising prices most firms under our study are still in losses with no signs of improvement.” The average return on asset for US shale companies “is still a measly 0.8 percent,” the financial services company wrote in its report. Shale companies often tout their rock-bottom breakeven prices, and they often use a narrowly defined metric that only includes the cost of drilling and production, leaving out all other costs.

2018 73

Clean powertrain company Punch Powertrain acquires power electronics specialist Apojee

Green Car Congress

Apojee has customers in the German and French automotive industry (both OEMs and Tier 1s), as well as in motorsports (inverters for Formula E and for Formula One). Among the company’s current offerings are: emKERS.

2018 95

Antenna company Airgain joins 5G Automotive Association

Green Car Congress

Antenna technology company Airgain, Inc. The company joins leading telecommunications and automotive companies with the aim of accelerating the penetration of the connected and autonomous car and intelligent fleet management. For the potential of 5G to be realized in the automotive industry, collaboration and development of ecosystems are fundamental. has become a member of the 5G Automotive Association ( 5GAA ).

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). The international geothermal power industry is poised to place between 500 and 1,000 MW on line per year for the rest of the decade, said GEA.

Rwanda 102

Teijin acquires composites company Inapal to expand European automotive business

Green Car Congress

the Teijin Group’s holding company in the Netherlands. Inapal is a Tier One supplier of composite components to the automotive and heavy truck industries. The company’s capabilities include Class A body panels, structural and underbody components using a variety of materials and processes, including sheet molding compound (SMC), carbon fiber SMC, pre-preg compression molding (PCM), direct long fiber thermoplastic (D-LFT) and glass mat thermoplastic (GMT).

2018 65

EV charging companies form new trade association

Green Car Congress

Leaders from the electric vehicle (EV) charging infrastructure, technology and services industry have formed the Electric Vehicle Charging Association ( EVCA ), a not-for-profit trade association created to advance the EV charging industry. EVCA concurrently released The State of the Charge , a report documenting the charging industry’s rapid growth in California and the significant economic opportunity it presents for the state.

2015 92

Hydrogen fuel-cell vehicle company Vision Industries engages Viant as strategic and financial advisor

Green Car Congress

Vision Industries Corp., a developer of zero emission electric/hydrogen hybrid powered vehicles and turnkey hydrogen fueling systems ( earlier post ) has engaged investment bankers Viant Green Capital LLC and Viant Capital LLC to serve as its strategic and financial advisor.

2012 78

GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business.

2017 111

Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Volvo Cars has acquired a stake in mobile EV rapid charging company FreeWire Technologies ( earlier post ) via the Volvo Cars Tech Fund. FreeWire is a San Francisco-based company that has been a pioneer in flexible fast-charging technology for electric cars. Every new Volvo car launched from 2019 will be electrified, and by 2025 the company aims for fully electric cars to make up 50% of its overall global sales.

2018 79

Italgas switching 2,500-vehicle company fleet to FCA natural gas vehicles

Green Car Congress

Italgas is renewing its entire company fleet with methane-powered vehicles from Fiat Chrysler Automobiles.The first deliveries have begun in Turin, with similar deliveries to be made in Rome and Naples—two of the main cities where the Italgas Group operates—over the next few days.

2017 78

11 Japanese auto, infrastructure and financial companies establishing new company to develop hydrogen stations

Green Car Congress

As a result of discussions that began in May 2017, eleven companies in Japan have signed an agreement to form a new company in the spring of 2018 aimed at the full-fledged development of hydrogen recharging stations (HRS) for fuel cell vehicles (FCV). The objective of the new company is to enhance the collaboration among infrastructure developers, automakers, and financial institutions in order to simultaneously accelerate and scale up Japan’s deployment of HRS and FCV.

2017 60

Oil Industry Faces Huge Worker Shortage

Green Car Congress

The rig count has rebounded from the lows seen in late May, a small indication that oil companies in the US could begin drilling anew. Because of this, the collective US shale industry has been likened to the new “swing producer”: low oil prices force quick cutbacks but higher prices trigger new supplies. Oilfield service companies have gutted their payrolls and warm or cold stacked rigs and equipment (temporarily or more permanently idling rigs).

2016 60

Daimler takes 3.93% stake in Beijing Electric Vehicle Company

Green Car Congress

Through this strategic cooperation in the NEV field, both parties will promote the development of the new energy industry. Expanding its strategic footprint in the field of New Energy Vehicles (NEV) in China, Daimler has acquired a 3.93% stake in Beijing Electric Vehicle Co.,

2018 78

Qualcomm partnering with automotive companies in China to showcase interoperability of LTE-V2X direct communication

Green Car Congress

Efforts driving the commercialization of LTE-V2X is an extension of the long-standing relationships Qualcomm Technologies holds with leading automotive companies in China. With more than 15 years supplying technology solutions to the automotive industry, more than 100 million vehicles have been deployed globally with Qualcomm Technologies’ LTE and 3G modems. Qualcomm Technologies, Inc.,

2018 78

Global Industry Alliance (GIA) launched to support low carbon shipping

Green Car Congress

Leading shipowners and operators, classification societies, engine and technology builders and suppliers, big data providers, and oil companies have signed up to a new Global Industry Alliance (GIA) to support transitioning shipping and its related industries towards a low carbon future. Thirteen companies have agreed to become the founding members of the GIA, although it is expected that more companies may join the GIA even after the launch.

2017 60

Dürr acquires Industry 4.0 software specialist iTAC

Green Car Congress

This will enable the machinery and plant engineering group to substantially extend its existing activities in the field of Manufacturing Execution Systems (MES)—the central component of Industry 4.0. The company iTAC Software AG was established in 1998 as a spin-off of Bosch’s telecommunications division. With a workforce of about 90 employees, the company combines expertise in the fields of IT and production technology.

2015 60

Tenneco acquires Federal-Mogul for $5.4B; to create two independent, public companies

Green Car Congress

Tenneco also announced its intention to separate the combined businesses into two independent, publicly traded companies through a tax-free spin-off to shareholders that will establish an aftermarket & ride performance company and a powertrain technology company.

2018 88

Opinion: Expect A Wave Of Consolidation In The Oil Industry

Green Car Congress

Most, if not all, smaller market capitalization companies, public or private, are still free cash flow negative (operating cash flow less capital expenditure) and only a few of the larger ones are now, or will be, based on guidance. Wall Street is famous for getting public prices at levels that magically make deals happen and, with better funded E&P companies trading at substantial premiums vs. the leveraged ones, this is what is occurring. by Leonard Brecken of Oilprice.com.

2015 94

BP invests in ultra-fast charging battery company StoreDot

Green Car Congress

StoreDot has developed a lithium ion-based battery technology which enables ultra-fast charging for the mobile and industrial markets. While some battery manufacturers are able to improve only one of the following properties—capacity, fast-charging or extended battery-life—StoreDot’s novel technology has optimized these three parameters simultaneously, the company says. BP Ventures has invested $20 million in Israel-based ultra-fast charging battery developer StoreDot.

2018 65

Bolivia chooses ACI Systems as strategic partner to industrialize lithium deposits

Green Car Congress

value chain to use the deposits of this raw material for industrial. The state-owned company Yacimientos de Litio Bolivianos (YLB) has now selected the German. company ACI-Systems as a strategic partner for this project. The industrialization phase involves extracting and producing raw materials. One of them was the German company ACI-Systems GmbH. discussion phases, on 20 April 2018 the state-owned company. The company.

Algae oil company Solazyme renames itself TerraVia to focus on food and nutrition; seeking partners to take on fuels and industrial oils

Green Car Congress

Algae oils company Solazyme has decided to focus exclusively on food, nutrition and specialty ingredients, dropping its earlier fuels initiatives. The company is renaming itself TerraVia. Over its history Solazyme developed products, technology and market opportunities in industrial markets including fuels, industrial oils, and the oilfield/Encapso business. The company was awarded a Presidential Green Chemistry Challenge Award in 2014.

2016 60

Synthetic biology startup Lygos closes $13M Series A to target oil-based specialty chemical industry

Green Car Congress

a bio-based specialty chemicals company, closed $13 million in Series A financing led by IA Ventures and OS Fund. This is the Industrial Revolution of synthetic biology. Lygos , Inc.,

2016 109