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The concept is supported by the Dutch Ministry of Infrastructure and Water Management. The concept is based on the use of replaceable battery containers, to be known as “ZESPacks”. To make it easier for barge operators to sign-on to the concept, a ‘pay-per-use’ financing model has been developed.
Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. The concept is the same embodied in Audi’s e-gas project ( earlier post ), to which the VGV proposal makes continued reference.
Operated by WaterstofNet , the Flemish/Southern Netherlands hydrogen network station is co-financed by the EU Interreg program. On the day of the opening, VDL Bus & Coach, a major Dutch bus manufacturer, unveiled a new fuel cell bus concept.
Damen Shipyards Group’s inland waterway shipyard, and inland shipping company QaGroup will launch a new inland shipping concept based on a vessel running solely on liquefied natural gas (LNG). The full package comprises ship design, shipbuilding, ship management, leasing, financing arrangements and crews. Bodewes Binnenvaart B.V.,
At CES in Las Vegas, Toyota Motor introduced the autonomous electric e-Palette Concept Vehicle, which is designed to meet the demands of future multi-mode transportation and business applications. In the near term, the Alliance will focus on the development of the new e-Palette Concept Vehicle. e-Palette Concept Vehicle.
Prices on used EVs have dropped enough to counter soaring finance rates and boost affordability. Mazda looks to its rotary heritage for a series-hybrid sports car concept. And Lexus previews EVs and some standout tech in Tokyo concepts. The Lexus LF-ZL concept is a long and relatively low SUV built with.
million) loan from a consortium of four French banks—BNP Paribas, Société Genéralé, CIC and Bpifrance—to complete the financing of its demo plant. This new financing will cover the purchase of a complete fermentation unit, comprising an inoculation fermenter, a propagation fermenter, and a 5,000L production fermenter.
PSE), a global provider of advanced process modeling technology, have developed a concept design for shipboard chemical CO 2 capture. The results from the Maritime CCS (carbon capture and storage) research and development project show that the concept is technically feasible and capable of reducing ship CO 2 emissions by up to 65%.
In addition to new electric vehicles, the services offered include the electrification of used and existing vehicles, the creation of individual overall concepts including the appropriate charging infrastructure as well as rental, financing and leasing offers and driver training.
BMW i Ventures has made a strategic investment in DSP Concepts, Inc.—a Realizing the need for faster development and more reliable voice recognition performance, DSP Concepts has developed a series of product offerings powered by its Audio Weaver audio processing software. Partners of DSP Concepts include Amlogic, Inc.,
The new “sale&care model” offers customers an opportunity to buy, finance or lease the vehicle and to rent the battery for a monthly fee. Purchase, financing or leasing of the vehicle including the battery is also possible. The plant in Lorraine has always stood for an innovative production concept. smart fortwo electric drive.
million in a Series B financing round, led by WRVI Capital, a prominent global technology investor. Since July 2019, when Recogni raised $25 million in Series A funding, the company has completed successful proof-of-concept demonstrations with customers that validate Recogni’s approach. Recogni Inc.,
million) financing round (convertible note). The two companies already introduced a mothership concept combining the advantages of a van with those of an autonomous delivery robot in September 2016. For example, the concept makes it much easier to deliver goods to the end customer on time. million (US$17.6-million)
Baidu’s intelligent electric vehicle arm JIDU has closed Series A financing, raising nearly $400 million. This round of financing was backed by Baidu and its strategic partner multinational auto manufacturer Zhejiang Geely Holding Group. Now, in the span of ten months, JIDU has received a new round of financing.
Francis Gatare, Director of the Rwanda Development Board, and Thomas Schäfer, CEO of Volkswagen Group South Africa, this week signed a memorandum of understanding for a new integrated mobility concept in Kigali in the presence of Rwanda’s President Paul Kagame and Dr. Herbert Diess, CEO of the Volkswagen brand. —Thomas Schäfer.
With models such as the recently presented Audi e-tron GT concept [ earlier post ], we want to electrify people again for Audi and at the same time be an agile and very efficient company.” e-tron GT concept. —Bram Schot, temporary Chairman of the Board of Management of Audi AG.
This includes funding projects such as pilot and demo plants, engineering studies, financing construction and operating SAF plants. Launched in 2021, UAV targets startups, upcoming technologies, and sustainability concepts that will complement United’s goal of net zero emissions by 2050 without relying on traditional carbon offsets.
Volvo Car Corporation, Ericsson, the utility company Göteborg Energi and the Viktoria Institute are collaborating in the research project ELVIIS (Electric Vehicle Intelligent Infra Structure) to develop a concept for using intelligent infrastructure for the smart on-board charging of plug-in vehicles. Göteborg Energi.
Automobili Lamborghini, a member of the Volkswagen Group, unveiled its new design concept for a future Lamborghini electric super sports car: the “Lamborghini of the Terzo Millennio”, developed in collaboration with two MIT laboratories. Now we are presenting an exciting and progressive concept car. Energy storage systems.
Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. The program kick-off is supported by a new raise of $24.3 million, led by Horizons Ventures, joined by a new investor: British Airways.
This technology has the potential to support the creation of friends inside and outside the Group, and as a result, provides more convenient and customized services to customers, business efficiency and improvement, and creating new value that is not bound by existing concepts, Toyota suggests.
Another area where SEAT wants to put blockchain solutions to work is finance, beginning with testing new initiatives to improve standard procedures. SEAT is already working in collaboration with Telefónica on a blockchain-based proof of concept to improve the traceability of parts in the Martorell factory’s supply chain.
Bcomp, a leading manufacturer of high-performance components made from natural fibers, has closed its oversubscribed Series B financing round of CHF 32.4 Volvo Cars first worked with Bcomp in 2018 for the Volvo Ocean Race Recycled Plastics Demonstrator Vehicle, followed by its most recent concept car, the Volvo Cars Concept Recharge in 2021.
Plans for derivatives of the Mission E are also under way: last week at the Geneva show, Porsche presented a production-ready concept study of the Mission E Cross Turismo. Concept Study Mission E Cross Turismo. —Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT.
Now, the EIB’s financing will help it to develop and install a set of larger machines to demonstrate the first-of-its-kind production of the anode material at industrial scale. This financing is supported by the InnovFin Energy Demonstration Projects of the European Commission, funded by EU’s research & innovation framework program.
The feasibility phase will be followed by the detailed design and engineering, further project development and finalization of offtake routes and financing. The envisaged electrolyzer capacity for a first phase is estimated between 250 and 500 MW.
SINTEF’s role in the project has been to test the reactors and to look into how this new hydrogen production concept can be integrated into a larger energy system. The research is being financed by ENGIE, ExxonMobil, Equinor, Saudi Aramco, Shell and Total Energies. A pilot facility has been established in Dhahran in Saudi Arabia.
By developing the purely electric two-seaters super sports cars, like the ‘Concept One’ or ‘C Two’, as well as core vehicle systems, Rimac has impressively demonstrated its credentials in the field of electromobility. —Lutz Meschke, Deputy Chairman of the Executive Board and Member of the Executive Board for Finance and IT at Porsche.
We’re seeing more companies raising funds as they look to make the jump from concept cars to high-volume manufacturing. Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 But the market looks increasingly crowded and consolidation is likely.
The E-JET concept range extended electric vehicle from GAC. —a partnership between Chery Automobile, China’s largest independent car manufacturer, and Israel Corporation—is bringing its Cross Hybrid Concept to the Geneva Motor Show in March. Click to enlarge. Guangzhou Automobile Group Co., Guangzhou Automobile Group.
In addition to the independent studies that have already been conducted and are publicly available, the financing partners will perform on-going monitoring to ensure that the project fully meets its commitments. The first 118 farmers graduated from the “Addax Farmer Field and Life School” in January 2011, and training is ongoing.
In order to complete the financing of the project, the European Investment Bank (EIB) is considering a loan of up to 50% of the €280 million (US$416 million) debt financing. billion) financed by the French government. FSI will join the project and contribute €125 million (US$186 million). Earlier post.).
Logistics concepts for the electrical supply traffic and stopped traffic (Electric Vehicles). Integration of electric vehicles in public transport and location concepts for Cradles. Acceptance of studies and development of business and financing models. Customer acceptance and financing models for electric vehicles.
The Draft Roadmap outlines a Department-wide strategy to accelerate innovation across a range of storage technologies based on three concepts: Innovate Here, Make Here, Deploy Everywhere. These mechanisms will enable the commercialization, private sector financing, and deployment of energy storage technologies.
Proxima detailed its fully integrated stellarator power plant concept, called Stellaris, in the journal Fusion Engineering and Design. Proxima Fusion This is the first time anyone has put all the elements together in a single, fully integrated concept, says Proxima cofounder and chief scientist Jorrit Lion. billion (US $1.5
The basis for the study is the concept of the “technological innovation system” (TIS) concept. The TIS concept also encompasses other factors, such as how society’s overall vision for a technology guides its development (the “direction of search”), and the ways in which societies come to accept a technology or not (legitimacy).
The concept also extends to compatible aftermarket devices brought into vehicles and to pedestrians, motorcycles, cyclists and transit users carrying compatible devices, which could make these vulnerable users more visible to surrounding traffic. USDOT is receptive to all sustainable financing options that do not violate other principles.
Additional state grants, combined with the Honda financing, could enable FirstElement to add at least 12 stations to its California hydrogen network. Seeking to expand California’s public hydrogen refueling station network as a means to support the wider introduction of fuel-cell vehicles, Honda will provide $13.8
We will address local mobility issues by rapidly producing concepts, prototypes, products, and solutions, in collaboration with the local technological ecosystem. To facilitate consistent engagement and brainstorming, the microfactory comes complete with a built gathering space and an “innovation coffee shop” for Industry 4.0 leadership.
Finally, proof-of-concept demonstration activity in Auxiliary Power Units (APUs) for transport applications is called for. Second, development of financing models for reusable or recyclable components of hydrogen and fuel cell technologies. Component improvement of fuel cell systems is also addressed.
Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing. The PEP station concept is not compatible with the Better Place system. Planned production would be 5,000 cars in the first year of production, moving up to 50,000+ within three years.
DOE also announced the “America’s Most Affordable Rooftop Solar” competition to aggressively drive down the cost of rooftop solar energy system as well as $8 million in awards to nine small businesses to lower the cost of financing, permitting, and other “soft costs,” which can amount to nearly half the cost of residential solar systems.
Despite commitments to energy efficiency made to date, there is a substantial gap between policy and implementation, challenging the concept of energy efficiency as “low hanging fruit”. New business models combined with new financing mechanisms to support global scale-up will demonstrate the positive business case for energy efficiency.
Today on GreenCar Reports: The RAV4 EV gets a price cut, Volvo unveils its stunning Concept Coupe, and fast-charging is set for massive growth. Toyota''s RAV4 EV has had a huge lease price cut--it''s now half the monthly cost, while finance is cheaper too. All this and more in today''s car news, right here on Green Car Reports.
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