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Hydrogen Opposed Piston Engine Working Group formed

Green Car Congress

Several organizations, encompassing companies, research labs, and academia, have formed the Hydrogen Opposed Piston Engine Working Group. The Working Group consists of members undertaking research and development in the field of hydrogen combustion in an opposed-piston engine. —very low levels of NO x are created.

Hydrogen 353
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Punch Group acquires GM propulsion engineering center in Turin; global center of excellence for diesel

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Belgium-based Punch Group has acquired GM’s propulsion engineering center in Turin, Italy. The transaction between the two companies includes an engineering services agreement (ESA) to support GM’s global product programs through the end of 2021. — Punch Group Founder and CEO Guido Dumarey.

GM 221
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Deutsche Post DHL Group sells StreetScooter production rights to international consortium ODIN Automotive S.à.r.l.

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Deutsche Post DHL Group is selling the rights and know-how for the production of its StreetScooter electric vehicles to the international consortium ODIN Automotive S.à.r.l. In addition, Deutsche Post DHL Group will become a minority shareholder in ODIN. With the sale of StreetScooter Engineering GmbH, ODIN Automotive S.à.r.l.

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Geely and Renault Group to create global powertrain company for advanced hybrid and efficient ICE powertrains

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Geely Holding Group, Geely Automobile Holdings Limited (collectively “Geely”) and Renault Group have signed a non-binding framework agreement to create a new global leader to develop, manufacture and supply best-in-class hybrid powertrains and highly efficient ICE powertrains. —Luca de Meo, CEO Renault Group.

Global 186
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Volkswagen Group to launch battery-electric pick-up and rugged SUV in US under revived Scout brand

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Volkswagen Group will launch an all-electric pick-up and rugged SUV (“R-SUV”) in the United States. The decision of the Board of Management was confirmed by the Supervisory Board of the Volkswagen Group earlier this week. The vehicles will be designed, engineered, and manufactured in the US for American customers.

SUV 418
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Hyundai Motor Group, Aramco and KAUST collaborate on new e-fuel for novel combustion system

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Hyundai Motor Group will collaborate with the Saudi Arabian Oil Company (Aramco) and King Abdullah University of Science and Technology (KAUST) jointly to research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall carbon dioxide emissions of a vehicle.

Hyundai 448
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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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This could have been due to the companies trying to strengthen their core business and diversify the investment risk given the global economic situation. Despite the challenging global economic conditions, the number of investments in low-carbon hydrogen increased from 600 to over 1,700 between Q4 2021 and Q4 2022.

Hydrogen 473