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Foresight signs a pilot agreement with one of China’s top three largest car manufacturers

Green Car Congress

Israel-based Foresight Autonomous Holdings Ltd., a developer of Advanced Driver Assistance Systems, has signed an agreement for a pilot project to test its Eyes-On advanced driver assistance system with one of China’s top three largest car manufacturers.

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VinFast partners with Gotion High-Tech on LFP battery cell R&D

Green Car Congress

Vietnam-based electric vehicle manufacturer VinFast and China-based Gotion High-Tech will jointly carry out R&D and production of lithium iron phosphate (LFP) batteries. In addition, the price of LFP batteries is competitive, which reduces the production cost of electric vehicles, especially small- and medium-sized vehicles.

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Electric bus market and trends 

Electric Vehicles India

The cost of the electric vehicles is more due to the cost of the battery that counts 40% of the electric bus. The average cost of the lithium-ion battery packs for large orders has fallen from about $600 a kilowatt-hour in 2015 to $150 a kilowatt-hour in 2020 according to the report of the ReportLinker.

Market 98
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ArcelorMittal makes US$5M investment in H2Pro to support novel new water-splitting technology E-TAC

Green Car Congress

Similar to electrolysis, its technology, E-TAC (Electrochemical – Thermally Activated Chemical)—developed at Technion, Israel Institute of Technology—uses electricity to split water into hydrogen and oxygen. H2Pro is developing a new way of producing hydrogen from water.

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Polestar’s Q3 revenue and gross profit skyrocket, operating loss trims by 33%

Teslarati

Polestar is currently recognizing its active markets as Australia, Austria, Belgium, Canada, China, Denmark, Finland, Germany, Hong Kong, Iceland, Ireland, South Korea, Kuwait, Israel, Italy, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the UAE, U.K., and the USA. The company’s $1.48

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EERC Foundation Receives Patent Application Approval for On-Demand Hydrogen Fueling System

Green Car Congress

EERC envisions that such a process would eliminate the prohibitive infrastructure costs of nationwide hydrogen transportation and storage so that hydrogen refueling could be accessible and affordable. The EERC technology reforms alcohols or liquid fuels to high-pressure hydrogen on-site and on-demand at the pump at the time of fueling.

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AC Transit Board greenlights a $108M, 9.5-mile infrastructure project for first Bus Rapid Transit line; diesel-hybrid buses

Green Car Congress

The service will run on new 60-foot diesel-electric hybrid buses manufactured by New Flyer. Bus Rapid Transit offers the benefits of a light rail train system without the exorbitant cost of building light rail. By contrast, the BRT’s average construction cost is $25 million per mile which includes new pavement.

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