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Clean Global Energy in JV for $400M Underground Coal Gasification Project in China

Green Car Congress

Australia-based Clean Global Energy Limited (CGE) secured a Joint Venture Agreement with Beijing Yusenjiayu Environmental Protection Technology Co. Ltd of Beijing, China (YSJY ), Inner Mongolia Gu Xin Mining Co. Underground coal gasification. Click to enlarge.

Coal 186
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NIO unveils production electric SUV for China market; NIO ES8 to launch end of this year

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The ES8 features the “design identity” of every NIO vehicle: the X-bar and signature “Spark Beat” tail lights. The vehicle has been tested in Yakeshi in Inner Mongolia, where temperatures can reach -22 degrees Fahrenheit as well as Melbourne and Mildura, Australia where temperatures can reach more than 104 degrees Fahrenheit.

San Jose 150
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Saab Automobile enters agreement with Hawtai Motor Group on strategic partnership

Green Car Congress

The remaining €30 million will be in the form of a convertible loan agreement in the amount of €30 million with a 6-month maturity, an interest rate of 7% per annum and a conversion price of €4.88 Hawtai currently has an annual production capacity of 350,000 vehicles, 300,000 diesel engines and 450,000 automatic transmissions.