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Volvo Cars and Geely intend to merge their combustion engine operations

Green Car Congress

Volvo Cars and Geely intend to merge their existing combustion engine operations into a stand-alone business in order to establish a new global supplier that will seek to develop next generation combustion engines and hybrid powertrains. Volvo Cars Drive-E 4 cylinder gasoline engine - T4/T3/T2.

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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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Gevo signs master services agreement with McDermott for sustainable aviation fuel facilities

Green Car Congress

has entered into a Master Services Agreement (MSA) with a subsidiary of McDermott International, Ltd to provide front end engineering and early planning services for Gevo’s development of multiple sustainable aviation fuel facilities in North America. The first facility, Net-Zero 1, is expected to be located near Lake Preston, South Dakota.

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SEAT launches all-new Leon; gasoline, diesel, CNG, mild-hybrid, plug-in hybrid; €1.1B investment

Green Car Congress

billion in fourth generation of the Leon to bring it to market with more efficient engines, next levels of connectivity and driving assistance, dynamism and eye-catching aesthetics to the market. The two lower output engines which produce 66kW/90PS and 81kW/110PS of power are 1.0 litre units as well as the 1.5 liter TDI units.

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BNEF: net-zero road transport by 2050 still possible, but big push needed

Green Car Congress

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). million sold in 2021 to 21 million in 2025.

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Volkswagen committing $7.1B to boost product line-up, R&D, manufacturing in North America; targeting 55% BEV sales by 2030

Green Car Congress

By locally integrating its combustion-engine (ICE) and electric vehicle (EV) assembly, American-focused engineering, battery know-how, and software development, Volkswagen aims to drive 55% of US sales to be fully-electric by 2030. Buzz electric microbus in 2024, and new electric SUVs from 2026.

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Green gasoline company CORE BioFuel Inc. engages Osprey Capital Partners Inc. to secure investment for construction engineering

Green Car Congress

Canada-based biomass-to-gasoline company CORE BioFuel Inc. Osprey Capital will secure equity investment capital to fund the completion of construction engineering for CORE’s first wood-to-Green Gasoline plant to be built in Canada. earlier post ) has signed an exclusive agreement with Osprey Capital Partners Inc.,

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