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

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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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ClearFlame Engine Technologies raises $30M in Series B

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ClearFlame Engine Technologies has raised $30 million in Series B funding to bring to market innovative solutions that power heavy-duty engines with clean, renewable fuels and create a viable business solution to reduce carbon and soot. Earlier post.)

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DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

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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. The US Department of Energy (DOE) closed on a $504.4-million Rendering of Advanced Clean Energy Storage salt cavern.

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ZeroAvia and MONTE strike deal for 100 hydrogen-electric powertrains to enable zero-emission aircraft leasing

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As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. MONTE and ZeroAvia aim to retrofit the aircraft for clients starting in 2024 and will provide and finance maintenance and hydrogen availability services to support these operations.

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DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

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They are newer to the road, so it was hard to know, for instance, their historic needs for maintenance over their operational life. The study looked at several powertrains: internal combustion engine, hybrid electric vehicle, plug-in hybrid electric vehicle, fuel cell electric vehicle and battery electric vehicle.

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Fairbanks Morse Engine and Achates Power team up on opposed-piston engines

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Fairbanks Morse Model 38 opposed-piston engine. The leading manufacturer of opposed-piston engines, Fairbanks Morse Engine (FME), an EnPro Industries company, has signed a joint development and licensing agreement with Achates Power, Inc., Click to enlarge. while meeting the most stringent, global vehicle emissions standards.

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Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

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Hyundai will support the construction cost of the hydrogen refueling station while providing up to 12 fuel cell electric buses as well as their maintenance and service. The partnership is part of Korea’s Ministry of Environment’s project to install hydrogen refueling stations and subsidize privately financed infrastructure projects.

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