Mon.Feb 22, 2021

bp joins the IBM Quantum Network to advance use of quantum computing in energy

Green Car Congress

IBM announced that bp has joined the IBM Quantum Network to advance the use of quantum computing in the energy industry. IBM Quantum is an industry-first initiative to build universal quantum systems for business and science applications.

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2022 Ioniq 5 revealed: Retro-styled electric car leads a New Wave of EVs

Green Car Reports

The electric car revealed by Hyundai early Tuesday morning is shaping up to one of the most important new models in the South Korean company’s 45 years of making cars. The 2022 Hyundai Ioniq 5 is the first of many models to be built on Hyundai’s E-GMP dedicated EV platform.

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Adams Intelligence releases 4th biannual EV batteries and materials report

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Adamas Intelligence has released its 4th biannual ‘ State of Charge: EVs, Batteries and Battery Materials ’ report. This latest report covers the global EV market’s performance over 2020 H2 and its implications on the ever-evolving battery and battery materials supply chains.

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The best-driving sedan Toyota already makes is an electric car

Green Car Reports

The 2021 Toyota Mirai I drove a few weeks ago adds to the hydrogen conundrum of the past several years—that there can exist some truly great-driving vehicles available in a small region in only one state. Yes, California and its 44 or so hydrogen stations.

After COVID delay, Volkswagen expands WeShare electric car sharing to Hamburg

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The Volkswagen Group is expanding its WeShare electric car sharing project to Hamburg later this week; the pilot project launched in Berlin in 2019. Due to the Corona pandemic, we are unfortunately only able to launch in Hamburg with a delay of around one year.

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Virginia adopts EV-boosting California clean car standards, with support of dealers

Green Car Reports

Virginia is the latest state to adopt California's emissions standards, creating more aggressive fuel-efficiency targets for vehicles sold in the state. A "Clean Car Standards" bill was recently approved by the state legislature, and is awaiting the governor's signature.

Nikkei: China boosts domestic rare earths quota by nearly 30%

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China has increased its production quota for rare-earth metals by close to 30% for the first half of this year, according to a report by the Nikkei. China’s Ministry of Industry and Information Technology and Ministry of Natural Resources jointly announced that the production quota for the first half of this year will be 84,000 tons, a major jump from the 66,000 tons last year and the highest target to date for the first half.

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AI vision system company Recogni raises $48.9M Series B

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Recogni Inc., the developers of an AI vision cognition system for autonomous vehicles, raised $48.9 million in a Series B financing round, led by WRVI Capital, a prominent global technology investor. The proceeds will help Recogni bring its perception platform to market and expand its engineering and go-to-market teams.

Karma GS-6 pricing, Alpha Jax EV rally car, Mirai and Toyota EVs: Today’s Car News

Green Car Reports

Alpha Motors shows us how retro-cute EVs can be styled for America. Karma prices the GS-6 plug-in hybrid. Virginia signs on with California standards. And the Toyota Mirai has us thinking about the brand’s upcoming EVs. This and more, here at Green Car Reports.

Virginia Legislature passes Clean Car Standards bill; to Governor for signing

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At the end of last week, the Virginia State Senate passed HB 1965, which directs the State Air Pollution Control Board to implement a low-emissions and zero-emissions vehicle program for motor vehicles with a model year of 2025 and later. With this rule, Virginia joins 14 other states and the District of Columbia in adopting clean car standards. This bill will go to Governor Northam’s desk to sign and enact into law.

Highland Electric Transportation raises $253M to accelerate electrification of school fleets

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Highland Electric Transportation, a provider of turnkey fleet solutions delivering the latest in zero-emission technologies to school districts and fleet managers, has raised $253 million to accelerate its growth. The financing was led by Vision Ridge Partners with participation by Fontinalis Partners and existing investors. Highland reduces the complexity of going electric by providing customers a full-service solution of electric vehicles that are owned, powered, and maintained by the company.

IASS says a new approach to financial distribution of benefits from deep seabed mining is required

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The International Seabed Authority is currently developing regulations to govern the exploration and exploitation of the mineral resources of the international seabed (known as “the Area”). This governance framework will include a financial mechanism for the distribution of any benefits that might arise from seafloor mineral exploitation, as required by the UN Convention of the Law of the Sea (UNCLOS).

Romeo Power, Ecellix to partner on development of next-gen battery technology for commercial vehicles

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Romeo Power, Inc., which delivers large-scale electrification solutions for complex commercial applications, and Ecellix Inc., the developer of eCell micro-porous silicon anode battery materials intended to replace graphite in lithium-ion batteries, entered into a Memorandum of Understanding (MOU) to cooperate in the development, validation and launch of next-generation battery technology.