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Iveco Group acquires full control of Nikola Iveco Europe

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announced that, following the finalization of the definitive agreements with Nikola Corporation as per the terms sheet described on 9 May 2023, its subsidiary Iveco S.p.A. Iveco Group N.V.

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Australian Government establishes A$300M fund to support hydrogen projects

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The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). The ARENA round is a $70-million grant program aiming to demonstrate the technical and commercial viability of hydrogen production at a large-scale using electrolysis.

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Safran acquires stake in Li-Sulfur battery maker OXIS Energy; OXIS announces two JDAs

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Safran acquired an equity interest in Li-Sulfur battery manufacturer OXIS Energy ( earlier post ) through its Safran Corporate Ventures subsidiary, which invests in disruptive technology businesses. Safran Corporate Ventures is participating in a £7-million (US$9.1-million) Source: OXIS Energy.

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Three veterans join leadership team of Lohum Cleantech – ET Auto

Baua Electric

CFO – Nitin Goe New Delhi: Lohum Cleantech India’s leading producer of sustainable energy transition materials via battery recycling and raw material refining, and battery repurposing, Tuesday appointed three renowned industry stalwarts to strengthen its leadership team.

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ZeroAvia secures additional $24.3M to launch development of 2MW hydrogen-electric powertrain for regional aircraft

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Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. million grant ($17-million) to deliver a breakthrough 19-seat hydrogen-electric powered aircraft that is market-ready by 2023. The program kick-off is supported by a new raise of $24.3

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15 Graphs That Explain the State of AI in 2024

Cars That Think

Generative AI investment skyrockets While corporate investment was down overall last year, investment in generative AI went through the roof. Since training these models typically requires vast resources, Industry now makes most of them, with academia only putting out a few. But exactly how deep?

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Hydro-Québec grants an exploitation license and partners with Nouveau Monde Graphite to develop materials for Li-ion batteries

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HQ will assist NMG in the small-scale industrialization of its process in its demonstration plant in Saint-Michel-des-Saints. NMG’s financing. In connection with these agreements, NMG has closed a non-brokered private placement of 6,666,667 units in the capital of the Corporation, at a price of $0.30

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