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Delhi Transport Corporation (DTC) signed a definitive agreement with Tata Motors’ fully owned subsidiary, TML CV Mobility Solutions Ltd. for operation of 1,500 electric buses in the city of New Delhi. As part of the agreement, TML CV Mobility Solutions Ltd.
Mercedes-Benz is supplying 129 Citaro G hybrid 18m articulated buses to Belgium’s TEC Group. The Belgian public transport corporation Transport en Commun, TEC Group for short, is responsible for local public transport in the Walloon Region of the kingdom of Belgium. The vehicles will be delivered by summer of this year.
Iveco Group N.V. 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.
After the first two LNG car carriers entered service in 2020, Volkswagen Group Logistics has now ordered four more ships with dual-fuel engines that can be powered with LNG. The Volkswagen Group has therefore committed to e-mobility as well as to the sustainable production and use of new electric vehicles. million new cars.
The Hydrogen Heavy Duty Vehicle Industry Group—comprising Air Liquide, Hyundai, Nel Hydrogen, Nikola Corporation, Shell and Toyota—has signed agreements with Tatsuno Corporation and Transfer Oil S.p.A. to industrialize globally-standard 70 MPa hydrogen heavy-duty vehicle high-flow (H70HF) fueling hardware components.
Hyundai Motor Group will collaborate with the Saudi Arabian Oil Company (Aramco) and King Abdullah University of Science and Technology (KAUST) jointly to research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall carbon dioxide emissions of a vehicle.
Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). The Groupe Renault EV business will be developed through two existing joint ventures: eGT New Energy Automotive Co., Ltd (eGT) and Jiangxi Jiangling Group Electric Vehicle Co. Chinese ICE passenger car market.
Power management company Eaton’ Vehicle Group has partnered with Ballard Fuel Cell Systems and the Department of Energy’s National Renewable Energy Laboratory (NREL) to develop heavy-duty truck fuel cell technology. —Karl Sievertsen, vice president and chief technology officer, Eaton’s Vehicle Group.
The BMW Group sources the individual fuel cells required for manufacturing the BMW iX5 Hydrogen from the Toyota Motor Corporation. The BMW Group has experience with the use of hydrogen as a drive technology. The stack housing is manufactured in the light metal foundry at BMW Group Plant Landshut using a sand casting technique.
The use of artificial intelligence (AI) is a central element of the digital transformation process at the BMW Group. The BMW Group already uses AI throughout the value chain to generate added value for customers, products, employees and processes. The BMW Group’s AI applications should be implemented so they work responsibly.
continued] The post Hyundai Motor Group & Incheon International Airport to Deliver Next-Level Convenience with AI-Powered EV Charging Robots appeared first on CleanTechnica.
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. —Kirill Komarov, First Deputy Director General for Corporate Development and International Business at Rosatom. million customers, 28.1
Hyundai Motor Group has launched the Boston Dynamics AI Institute , with the goal of making fundamental advances in artificial intelligence (AI), robotics and intelligent machines. Hyundai Motor Group acquired an 80% controlling interest in Boston Dynamics in 2021. Earlier post.).
Global automotive Tier 1 manufacturer Motherson Group is collaborating with Israeli cleantech company UBQ Materials. The companies are joining efforts to implement the carbon-negative UBQ thermoplastic ( earlier post ) into auto parts manufactured by Motherson Group for the automotive industry. Polymers typically emit 1.9
Hyundai Motor Group plans to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. The Group affiliates Hyundai Motor Company, Kia Corporation and Hyundai Mobis each approved the plan at their respective board meetings.
Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. General Motors and the BMW Group are also RE100 members.
Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies. billion compared to $19.5
Leading commercial vehicle manufacturers Volvo Group, Daimler Truck, and the TRATON Group have signed a binding agreement to create a joint venture (JV) to install and to operate a high-performance public charging network for battery-electric, heavy-duty long-haul trucks and coaches across Europe.
Steelmaker SSAB has started a partnership in fossil-free steel applications with Oshkosh Corporation, a leading producer of mission-critical vehicles and essential equipment, including heavy-duty truck bodies, fire apparatus, access equipment and other specialty trucks. SSAB delivered its first fossil-free steel to the Volvo Group in 2021.
Hyundai Motor Group announced its 2021 ZER01NE Accelerator, an open innovation platform to facilitate collaboration between startups and the Group on various projects. The Group’s organizations that are responsible for technology developments will be directly involved in reviewing and recruiting the applicants for each project.
Hyundai Motor Group has launched MoceanLab, a mobility service venture, as part of the Group’s larger initiative to create a sustainable, connected future. After a comprehensive thorough review, Hyundai Motor Group identified Los Angeles as the city to launch the MoceanLab. Left: Hyundai Motor Company, EVP KyoungLim Yun.
Last year, Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., GAC Group); Beijing Automotive Group Co., BAIC Group); and Beijing SinoHytec—formed a joint venture: United Fuel Cell System R&D (Beijing) Co.,
Rio Tinto and Giampaolo Group, one of North America’s largest fully-integrated metal management businesses, have entered into an agreement to form a joint venture to manufacture and market recycled aluminum products. The Giampaolo Group was founded over 50 years ago in Toronto, Ontario with a distinct focus in the recycling industry.
To promote environmentally-friendly, resource-efficient extraction of lithium, the BMW Group is investing , through its venture capital fund BMW i Ventures, in US startup Lilac Solutions. The BMW Group has made sustainability and resource efficiency central to the company’s strategic direction.
The letter is on behalf of the Corporate Electric Vehicle Alliance, the 28 members of which together represent more than $1 trillion in annual revenue and collectively own, lease, or operate more than one million fleet or networked vehicles in the US. — Corporate EV Alliance letter.
The Renault Group suspended its industrial activities in Russia on 23 March ( earlier post ). Regarding its stake in AVTOVAZ, Renault Group said that it is assessing the available options, taking into account the current environment, while acting responsibly towards its 45,000 employees in Russia.
Chevron Corporation and Renewable Energy Group announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50
and its strategic Mobile Energy Group (MEG) announced a strategic partnership with the China National Petroleum Corporation Nanjing (CNPC or PetroChina) to begin converting existing fossil fuel gas stations in the city of Nanjing. We are very pleased to be working with Ideanomics’ MEG Group. Ideanomics Inc.
The BMW Group will pilot the second generation of hydrogen fuel cell drives in a small series in the BMW i Hydrogen NEXT based on the current BMW X5 from 2022. The fuel cell stack and the overall system are original developments of the BMW Group; individual cells of the fuel cell will come from Toyota.
The Volkswagen Group and Salzgitter AG—which have been partners for more than 60 years— signed a Memorandum of Understanding under which Volkswagen will become one of the first customers for the low-CO 2 steel that Salzgitter AG plans to produce on a new production route at its headquarters in Lower Saxony from the end of 2025.
Hyundai Motor Group has launched the DAL-e, a customer service robot that independently communicates with people using precise recognition capabilities and mobility functions. —Dong Jin Hyun, Vice President and Head of the Robotics Lab at Hyundai Motor Group.
Building on the previous study of potential hydrogen demand in Chubu region by the Hydrogen Utilization Study Group conducted in February 2021, this study will focus on developing a large-scale hydrogen supply chain. Iwatani Corporation, Chubu Electric Power Co., Other member companies in the study group include Idemitsu Kosan Co.,
The BMW Group has signed a long-term supply contract worth €2 billion for battery cells with the Swedish company Northvolt. The BMW Group will also source cells manufactured in Europe from the Chinese manufacturer CATL from the plant currently under construction in Erfurt, Germany. —Andreas Wendt.
Chevron Corporation, through its subsidiary Chevron Shipping Company LLC, and the Angelicoussis Group , through its Energy Transition division, Green Ships, announced a Joint Study Agreement (JSA) to explore how tankers can be used to transport ammonia, a potential lower carbon marine fuel.
The auditing criteria require evidence of material stewardship, such as a holistic lifecycle analysis for the company’s own products and a comprehensive recycling strategy, as well as compliance with standards for transparency, overall management and corporate integrity. The BMW Group has a long tradition of responsible use of aluminum.
Volkswagen Group Components is the central supplier for the first models of the new Volkswagen ID. family and numerous other Group brand models based on the modular electric drive matrix (MEB). The independent corporate business unit is responsible for the development and manufacturing of strategic components for the Group’s brands.
Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., GAC Group); Beijing Automotive Group Co., BAIC Group); and Beijing SinoHytec Co., Total initial investment will be approximately ¥5.019 billion (US$46 million).
Euisun Chung, Executive Vice Chairman of Hyundai Motor Group and Under Secretary of Energy Mark W. In December 2018, the wider Hyundai Motor Group—including automotive affiliates Hyundai Motor Co., As part of this plan, Hyundai Motor Group will boost its annual fuel cell systems production capacity to 700,000 units by 2030.
Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years. —Sara Forni, director of clean vehicles at Ceres.
Toshiba Corporation announced that Nissan Motor Corporation has selected its innovative SCiB lithium-ion rechargeable battery for the latest generation of its ROOX and ROOX Highway STAR cars and that Mitsubishi Motors Corporation has selected the SCiB battery for the latest generation of its eK X space and eK space cars.
Stage 1 Ventures led the round with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its US subsidiary, Mitsubishi Corporation (Americas). Mitsubishi Corporation’s investment in WiTricity reflects an innovative vision for the future of smart cities.
Toyota Motor Corporation has commissioned Yamaha Motor to develop a 5.0-liter Teaming up with companies with different corporate cultures and areas of expertise as well as growing the number of partners we have is how we want to lead the way into the future. liter V8 engine for automobiles that is fueled entirely by hydrogen.
Four key Hyundai Motor Group affiliate companies—Hyundai Motor Company (Hyundai Motor), Kia Corporation (Kia), Hyundai Mobis, and Hyundai Wia—are now members of Climate Group’s RE100 , a global initiative committed to large corporates moving toward 100% renewable electricity.
Toyota Motor Corporation and Toyota Financial Services Corporation launched a cross-Group virtual organization, Toyota Blockchain Lab, in April 2019. It is also engaging in global collaboration with Group companies, including Toyota Research Institute - Advanced Development, Inc.
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