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Balqon Corporation enters European electric yard tractor market with MOL Transport Solutions

Green Car Congress

High fuel costs and environmental laws that are favorable to clean energy make Europe an attractive market for Balqon Corporation’s heavy-duty electric vehicles and drive systems. —Balwinder Samra, President and CEO of Balqon Corporation.

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Ford dealership applies $69,554 markup on F-150 Lightning despite corporate orders

Teslarati

Ford dealerships are starting to receive units of the all-electric F-150 Lightning and they are applying massive market adjustments despite corporate’s stern orders not to do so several months ago. The cost of the truck after accessories and the market adjustment eclipses $140,600.

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China’s first integrated methanol-to-hydrogen and hydrogen refueling service station now in operation

Green Car Congress

China Petroleum & Chemical Corporation (Sinopec) officially launched China’s first methanol-to-hydrogen and hydrogen refueling service station in Dalian, China. The storage and transportation cost of methanol is also much lower than hydrogen, making methanol-to-hydrogen an attractive hydrogen production technology.

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MAHLE says it has developed the most durable electric motor; new cooling concept

Green Car Congress

The new item will be presented for the first time at IAA Transportation in September 2022 in Hanover. What was still lacking on the market until now were durable yet compact drives to make electric vehicles unrestricted for everyday use. —Martin Berger, Vice President Corporate Research and Advanced Engineering at MAHLE.

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Meta Materials acquires assets and IP of Optodot; battery separators and coating technology

Green Car Congress

a developer of high-performance functional materials and nanocomposites, signed a definitive agreement to acquire substantially all of the assets and intellectual property, including 67 issued and 22 pending patents, of Optodot Corporation for an aggregate of $48.5 The global market for lithium-ion battery separators was an estimated $5.1

Batteries 481
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Toyota invests $394M in, collaborates with Joby on air mobility

Green Car Congress

Toyota is collaborating with Joby Aviation (Joby), an aerospace company that is developing and commercializing all-electric vertical take-off and landing (eVTOL) aircraft to enable the deployment of fast, quiet and affordable air transportation services. —Toyota Motor Corporation President and CEO Akio Toyoda. Joby’s eVTOL.

Toyota 307
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Kia to establish its first electric PBV plant in Korea

Green Car Congress

Kia Corporation will establish a new manufacturing facility dedicated to producing electric Purpose Built Vehicles (PBVs). The plant will initially be able to build 100,000 PBVs a year with the capacity to increase production to 150,000 units annually in line with the growth of PBV market.

Kia 284