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BMW Group to lead €19.5M HyCET project consortium on hydrogen combustion engine trucks

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The German Federal Ministry for Digital and Transport (BMDV) approved the funding application for the consortium research project HyCET (Hydrogen Combustion Engine Trucks) led by the BMW Group. The research project aims to demonstrate the sustainability potential of trucks with hydrogen combustion engines for transport logistics.

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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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Luxembourg). With the sale of StreetScooter Engineering GmbH, ODIN Automotive S.à.r.l. a financial holding company, is backed by several institutional and private global investment partners, including Sparta Capital Management in the United Kingdom, a major Chinese OEM, and a partner for contract manufacturing in North America.

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GEM commits to invest up to $100M in Skyworks Aeronautics; commercialization of eVTOL gyroplanes

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announced a $100-million investment commitment from GEM Global Yield LLC SCS, a Luxembourg-based private alternative investment group. Skyworks Aeronautics Corp. Larger and/or faster Skyworks Aeronautics Gyroplanes have airplane wings. Source: Skyworks Aeronautics.

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OCSiAl launching a graphene nanotube synthesis facility in Serbia in 1H 2023

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The new hub will further strengthen OCSiAl’s supply chain resilience and enhance the company’s leading position in the global graphene nanotube market, the company said. The graphene nanotube synthesis facility in Serbia will leverage OCSiAl’s unique production technology. The facility is planned to have a 40 MT/y capacity.

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COVID-19 outbreak poised to strengthen EV momentum and the markets for cobalt and copper

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by Benedikt Sobotka, CEO of Eurasian Resources Group , Co-Chair of the Global Battery Alliance. In summary, electric vehicles are weathering the COVID19 storm better than internal combustion engine vehicles. Benedikt Sobotka is CEO of Luxembourg-based Eurasian Resources Group (ERG), and Co-Chair of the Global Battery Alliance (GBA).

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Global WorldAutoSteel Project Presents Interim Results of FutureSteelVehicle (FSV) Phase 2 Project for Low GHG Body Structure for Electrified Vehicles

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WorldAutoSteel,the automotive group of the World Steel Association, has presented findings on the progress of FutureSteelVehicle (FSV) Phase 2, a global steel industry effort to develop advanced high-strength steel (AHSS) architectures for electrified vehicles that reduce life cycle greenhouse gas (GHG) emissions. Arcelor Mittal - Luxembourg.

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New HERE-SBD index identifies EV leaders and laggards in the US and Europe

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Location data and technology company HERE Technologies, in conjunction with SBD Automotive, a global automotive research firm, published an interactive index that shows the developing state of electric vehicle (EV) demand and infrastructure readiness across the United States and Europe. Highlights of the HERE – SBD Automotive EV Index.

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