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Meta Materials Inc., a developer of high-performance functional materials and nanocomposites, signed a definitive agreement to acquire substantially all of the assets and intellectual property, including 67 issued and 22 pending patents, of Optodot Corporation for an aggregate of $48.5 million, comprising $3.5 million in cash and $45 million of META shares of common stock.
Toyota has expanded its family of Corolla Cross models to include a hybrid version anticipated at 37 mpg. The Corolla Cross Hybrid has what Toyota terms its fifth-generation hybrid system—here in all-wheel-drive form. In the Corolla Cross Hybrid, it delivers 194 hp—equating to a 0-60 mph time of 8.0 seconds, more than a second better.
The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. The EIA’s Short-Term Energy Outlook (STEO) forecasts that electricity prices in the Northeast regions (ISO New England, New York ISO, and PJM markets) will exceed $100 per megawatthour (MWh) between June and August 2022, up from an average of about $50/MWh last summer.
Toyota Motor and its subsidiary, Woven Planet Holdings have developed a working prototype of its portable hydrogen cartridge. This cartridge design will facilitate the everyday transport and supply of hydrogen energy to power a broad range of daily life applications in and outside of the home. Toyota and Woven Planet will conduct Proof-of-Concept (PoC) trials in various places, including Woven City, a human-centered smart city of the future currently being constructed in Susono City, Shizuoka Pr
A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East. Juniper Research defines hydrogen vehicles as vehicles that use hydrogen propulsion systems as their onboard fuel.
The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). Certain segments, such as buses and two- and three-wheelers are close to being on track for net zero, but more action is needed to get on track elsewhere—especially in medium- and heavy-duty commercial vehicle
GM is expanding its existing collaboration with EVgo to add a new Plug and Charge service to the Ultium Charge 360 ecosystem. GM is the first OEM to introduce a Plug and Charge feature to the company’s existing and future EVs that is designed to work on multiple, public networks in North America. Plug and Charge streamlines the EV charging process for customers.
GM is expanding its existing collaboration with EVgo to add a new Plug and Charge service to the Ultium Charge 360 ecosystem. GM is the first OEM to introduce a Plug and Charge feature to the company’s existing and future EVs that is designed to work on multiple, public networks in North America. Plug and Charge streamlines the EV charging process for customers.
Terex Utilities introduced the industry’s first all-electric bucket truck at the Electric Utility Fleet Managers Conference (EUFMC) in Williamsburg, Va. during the Drive-Thru Demonstrations. In addition, the company also announced the first nine customers which will receive these new Terex Optima 55 ft aerial devices, powered by the HyPower SmartPTO by Viatec and mounted on an International Class 6/7 Medium Duty electric chassis.
Toyota Motor is introducing the O-Uchi Kyuden System, a home storage battery system based on its electrified vehicle battery technology. Pre-orders for the system have started, and sales in Japan will begin in August through home builders and general construction companies. The O-Uchi Kyuden System uses electrified vehicle battery technology such as Toyota’s battery control to provide a rated capacity of 8.7 kWh and a rated output of 5.5 kWh.
Rolls-Royce is developing turbogenerator technology—including a new small engine—designed for hybrid-electric aviation applications. The system will be an on-board power source with scalable power offerings and will complement the Rolls-Royce Electrical propulsion portfolio, enabling extended range on sustainable aviation fuels and later as it comes available through hydrogen combustion.
Hyundai Motor Group will pilot a RoboRide car-hailing service in Gangnam in Seoul, South Korea, utilizing IONIQ 5 battery-electric vehicles (BEV) with in-house developed level 4 autonomous driving technology. The pilot RoboRide will be the first car-hailing service with autonomous driving vehicles to operate in Gangnam, one of the most congested areas in metropolitan Seoul.
BMW has unveiled its new BMW X1. At launch in October 2022, there will initially be a choice of two gasoline and two diesel engines from the BMW Group’s new modular generation of Efficient Dynamics engines. These will link up with a seven-speed Steptronic transmission with double clutch as standard, and their drive power will be channelled to the road via either the front wheels or the BMW xDrive intelligent all-wheel-drive system, depending on the model.
The Abfallentsorgungs-Gesellschaft Ruhrgebiet mbH ( AGR ), a waste management company in Herten, North Rhine-Westphalia, Germany, has put a converted DAF CF 340 hydrogen fuel cell truck into operation as part of the EU-funded HECTOR (Hydrogen Waste Collection Vehicles in North West Europe) project. The aim of the project, which involves seven European trials in total, is to investigate how hydrogen-fueled trucks can be an effective solution in reducing emissions in refuse vehicles.
The Volkswagen brand released design sketches of the ID. AERO concept vehicle, a fully-electric limousine planned for the Chinese automobile market. The digital world premiere of the pre-production study will take place on 27 June. The future production version of the ID. AERO will see Volkswagen expand its successful electric vehicle lineup in the high-volume upper-middle class segment, and accelerate its electric offensive within the framework of the ACCELERATE strategy.
General Motors will invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ ( earlier post ). The investment will be used to purchase and install related equipment to hand-build the CELESTIQ and campus renovation work has already begun. Cadillac CELESTIQ show car.
Chevrolet, which resumed production of the Bolt electric vehicles in April, has announced that the upcoming 2023 Bolt models will be priced significantly lower than their predecessors. The 2023 Bolt EV starts at $26,595 ($5,900 lower); the Bolt EUV starts at $28,195 ($6,300 lower). 2023 Bolt EV. Chevrolet EVs are not eligible for the $7,500 US federal tax credit. 2023 Chevrolet Bolt EUV Redline Edition.
The Mercedes-Benz EQB electric SUV ( earlier post ) is arriving on the US market this summer, with the the 2022 EQB 300 4MATIC starting from $54,500 and the EQB 350 4MATIC from $58,050. The EQB provides space for up to seven passengers with an optional third row. Mercedes-Benz unveiled the EQB at Auto Shanghai in 2021. The all-electric compact SUV offerings include the EQB 300 4MATIC with 225 hp and the EQB 350 4MATIC with 288 hp.
Allison Transmission is introducing its new electric axle, Allison eGen Power, for fire and rescue vehicles at Interschutz 2022 (20 – 25 June) in Hanover. Emergency One , a British manufacturer of fire and rescue vehicles, has integrated the eGen Power 100D into the new E1 EV0 platform on a MAN TGM chassis and is presenting the vehicle for the first time at Interschutz in cooperation with Allison. eGen Power is a bolt-in solution compatible with the current vehicle frame.
Orange EV announced the new e-TRIEVER brand for its Model Year 2022 all-electric terminal trucks. The e-TRIEVER builds upon the T-Series’ foundation while continuing Orange EV’s commitment to innovation and delivering trucks that meet the demanding needs of heavy-duty, goods movement operations. Orange EV commercially deployed its first all-electric yard truck in 2015.Since then, it has sold 400 trucks to more than 130 fleets, and accumulated 5 million miles and 1.5 million hours of operation.
Geespace, a wholly owned subsidiary of Geely Technology Group and China’s first privately owned developer, operator, and mass producer of low-orbit commercial satellites, has successfully launched its first nine satellites into low earth orbit from the Xichang Satellite Launch Center. Rendering of Geely Future Mobility Constellation. Geespace’s terrestrial base station in Korla, China has reported that they have connected the first nine GeeSAT-1 satellites and which are all functioning correctly
Buick is committing to an all-electric portfolio by the end of the decade. In support of General Motors’ vision of a zero-emissions, all-electric future, Buick will bring its first electric vehicle to market for North America in 2024. Buick’s future EV products will carry the Electra name, drawing inspiration from the brand’s history. Buick also unveiled the Wildcat EV concept—an expressive vision of the brand’s new design direction as it transitions to an all-electric future.
Scania is introducing complete BEV-based solutions for regional long-haul. The new generation, available with R or S sleeper cabs, is part of a complete solution. With 624 kWh of batteries installed, Scania provides the means for a major shift regarding electric trucks and their operability in regional long-haul operations. Scania-45-R-BEV. Scania’s new BEV truck generation is based on classic Scania cornerstones such as modularity, sustainability and a total operating economy with the potential
NEO Battery Materials Ltd. signed a strategic memorandum of understanding (MOU) with Automobile & PCB establishing strategic investment and cooperation between NEO and A&P to advance the Korean mass production facility of NEO’s silicon anode materials for electric vehicle (EV) lithium-ion batteries. NEO Battery Materials Ltd. is a Vancouver-based company focused on electric vehicle lithium-ion battery materials.
Enel X, Enel's subsidiary dedicated to innovative products and services, together with EV maker Arrival, have entered into a partnership to test the battery-electric bus in Italy. The aim is to foster the growth of electrified public transport globally through increasingly high-performance and competitive solutions. The tests will be carried out by Enel X on the basis of an analysis matrix developed in-house to look at all the main features of the Arrival Bus.
ArcelorMittal published a concept for a low-carbon emissions steel standard to help incentivize the decarbonization of steelmaking globally and support the creation of market demand for physical steel products which would be classified as lower, and ultimately near-zero, carbon emissions steel. The creation of clear definitions for low-carbon emissions physical steel is an important component of ‘demand pull’ and ‘supply push’ mechanisms that are required to support the steel industry in its tra
The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. The space industry is one of the world’s fastest growing sectors. Global revenue generated from this industry is forecast to grow from 350 million USD in 2019 to more than 1 trillion USD by 2040 (Morgan Stanley, 2020).
The Mercedes-Benz VISION EQXX has beat its own efficiency record ( earlier post ) in real-world driving with another 1,000 km+ (621 mile+) journey on a single battery charge. Following its initial record-breaking drive from Stuttgart to Cassis (France) in April, the research vehicle set the bar even higher, with a 1,202- kilometer (747 mile) road trip from Stuttgart to Silverstone in the UK.
Imperial Oil Limited—Canada’s largest petroleum refiner, a major producer of crude oil, a key petrochemical producer and a leading fuels marketer—and E3 Lithium are collaborating to advance a direct-lithium-extraction pilot in Alberta, exploring the redevelopment of an historic oil field into a potential new leading source of lithium for Canada’s growing critical minerals industry.
Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) has developed a prototype superconducting motor to meet the needs of the mobility sector. This superconducting motor, with a maximum output of 2 MW, can realize lightweight, high-output density and high-speed rotation, and can be made available for large mobility applications. Toshiba ESS says that this superconducting motor with these features is the first of its kind.
Van Hool, the Belgian manufacturer of buses, coaches and industrial vehicles, presented its first edition of a completely new range of 100% zero emission buses on the first day of Euro Mobility Expo 2022, an international trade show for public transport. The Van Hool A12 Battery Electric is the first vehicle in a completely new range of buses in four different lengths (12m, 13m, 18m and 24m) equipped with exclusively zero emission powertrains: battery-electric, fuel cell (hydrogen) and trolley.
To improve the performance of Li-ion batteries in the extreme cold, researchers from Tianjin University, Beijing Jiaotong University, Karlsruhe Institue of Technology and other colleagues replaced the traditional graphite anode in a lithium-ion battery with a carbon-based anode material (O-DF) strategically synthesized to construct the Riemannian surface with a positive curvature.
The US Department of Energy (DOE) closed on a $504.4-million loan guarantee to the Advanced Clean Energy Storage project in Delta, Utah (ACES Delta)—marking the first loan guarantee for a new clean energy technology project from DOE’s Loan Programs Office (LPO) since 2014. The loan guarantee will help finance construction of the largest clean hydrogen storage facility in the world, capable of providing long-term low-cost, seasonal energy storage, furthering grid stability.
Toyota is expanding its 2023 Corolla lineup with four new Hybrid grades, including a more powerful hybrid system and available all-wheel drive. Toyota is also expanding its Corolla Cross family with the first hybrid model in that lineup. Corolla Hybrid. The Corolla Hybrid LE FWD is gaining four new siblings: the LE AWD grade, sporty SE and SE AWD grades and a premium-focused XLE grade.
Cummins and Komatsu, a global provider of equipment and services for the construction and mining industries, have signed a memorandum of understanding to collaborate on the development of zero-emissions haulage equipment. Building on a legacy of diesel engine partnership across a wide variety of mining and construction equipment, Cummins and Komatsu will initially focus on zero emissions power technologies including hydrogen fuel cell solutions for large mining haul truck applications.
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