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NetJets and FlightSafety International to partner with eVTOL company Lilium; right to purchase up to 150 Lilium Jets

Green Car Congress

the largest private aviation company in the world, and FlightSafety International, a leader in professional aviation training, have signed a Memorandum of Understanding (MoU) with Lilium, makers of an all-electric vertical take-off and landing (eVTOL) jet ( earlier post ), for a proposed strategic partnership. NetJets Inc.,

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Volvo Cars divests its holding in Aurobay to Geely Holding; to be part of new Renault-Geely powertrain company

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Aurobay will become part of the new global company specializing in hybrid and low- emission powertrains being formed by Renault and Geely. It also makes Volvo Cars the first car manufacturer to fully exit its participation in the development and manufacturing of internal combustion engines. Earlier post.).

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Velodyne Lidar acquires AI software company Bluecity

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Velodyne Lidar has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company, in an all-stock transaction. According to Yole Intelligence, part of Yole Group, the smart infrastructure market for lidar will grow from $108M in 2021 to $1.1B

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

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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. This is the third time the company is hosting the competition.

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Daimler first automotive company to test UBQ’s climate-positive thermoplastic material in auto parts

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Daimler announced a trial and development partnership with Israeli cleantech company UBQ Materials to explore the use of UBQ’s climate-positive material in the production of automobile parts. Daimler is currently testing and evaluating the incorporation of UBQ in the production of a range of Daimler automobile parts.

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The Metals Company and Low Carbon Royalties form strategic partnership

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Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. This transaction also offers TMC shareholders exposure to a royalty company that I am confident under Brian’s leadership will become a market leader.

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SAE International publishes new J2954 wireless charging standard

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SAE International has published the first global standard that specifies, in a single document, both the electric vehicle and supply equipment (EVSE) ground-system requirements for wireless charging of electric vehicles (EV). China published part of the GB/T 38775-series and continues to work on its eight documents.

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