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Rheinmetall restructures; reducing automotive components share, especially combustion engines

Green Car Congress

Rheinmetall AG of Düsseldorf is pressing ahead with its systematic transformation into a fully integrated technology group, reorienting its corporate structure in the process. Sales, which came to around €5.8 By 2025, security technology is expected to account for approximately 70% of Group sales, as opposed to roughly 63% in 2020.

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Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development

Green Car Congress

Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). and Irvine, Calif.

Motors 334
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Mote begins engineering work on biomass-to-hydrogen plant with carbon capture

Green Car Congress

With the engineering work of their first facility underway, Mote expects to produce approximately seven million kilograms of carbon-negative hydrogen and remove 150,000 metric tons of CO 2 from the air annually. Mote is joined by Fluor Corporation and SunGas Renewables, Inc. to develop its new plant.

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Bosch, GS Yuasa, and Mitsubishi Corporation to set up JV for next generation lithium-ion batteries

Green Car Congress

Robert Bosch GmbH and the Japanese companies GS Yuasa International Ltd. and Mitsubishi Corporation have agreed to work together on the next generation of high-performance lithium-ion batteries. Bosch intends to hold a 50% stake in the joint venture, with GS Yuasa and Mitsubishi Corporation each holding 25%.

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Honda announces next steps in preparation for EV production in US

Green Car Congress

As part of the EV Hub in Ohio, Honda will transform its Marysville Auto Plant (MAP), East Liberty Auto Plant (ELP) and Anna Engine Plant (AEP), leading to the start of EV production in North America. Anna Engine Plant (AEP). Marysville Auto Plant (MAP). Every MAP associate will have a position as part of this transition.

Honda 334
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Rosatom and EDF Group partner to develop green hydrogen in Russia and Europe

Green Car Congress

Russian Rosatom State Atomic Energy Corporation and the EDF Group signed a strategic cooperation agreement in March 2021 to develop green hydrogen in Russia and Europe. In the context of global decarbonization goals, hydrogen as an energy source is an issue of major importance for international cooperation. million customers, 28.1

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Daimler targeting carbon-neutral new passenger car fleet by 2039; PHEVs and EVs > 50% of sales by 2030

Green Car Congress

But as a company founded by engineers, we believe technology can also help to engineer a better future. Sustainability is one of the key elements of Daimler’s corporate strategy and at the same time a benchmark for corporate success. the pushing ahead with the transformation to emission-free mobility.

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