Remove Financing Remove Future Remove Global Remove South America
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POSCO begins construction of S Korea’s first lithium hydroxide plant

Green Car Congress

POSCO Holdings recently began construction at the Yulchon 1 st Industrial Complex in Jeollanam-do (South Jeolla Province, S. POSCO Pilbara Lithium Solution, a wholly-owned subsidiary of POSCO Holdings, will be responsible for the financing, construction, and operation of the plant. Earlier post.)

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Volkswagen picks up pace of transformation with new ACCELERATE strategy

Green Car Congress

With our strategy we will ACCELERATE towards the digital future. Future vehicle generations will be produced with a much small number of versions. Volkswagen has earmarked around €16 billion for investment in the future trends of e-mobility, hybridization and digitalization up to 2025. Increasing profitability.

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Ballard and HDF Energy sign development agreement for multi-megawatt fuel cell systems

Green Car Congress

Second, after HDF Energy incorporates these systems into their Renewstable power plant in an initial project, we plan to proceed with a technology transfer program to enable HDF Energy to assemble these fuel cell systems for global market sales of their Renewstable power plants. —Kevin Colbow, Ballard Chief Technology Officer.

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Ford CEO Fields elected to IBM Board of Directors

Green Car Congress

He is leading Ford into a future where cars are not only vehicles, but increasingly becoming mobile technology platforms. His knowledge and insights in running a complex global business will make a significant contribution to IBM. —Ginni Rometty, IBM chairman, president and CEO. Fields joined Ford in 1989.

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Navistar to take stake in Brazilian bus builder Neobus; to partner on fully integrated commercial buses for the Americas

Green Car Congress

is planning to enter into a global commercial bus partnership with Brazilian commercial bus body manufacturer San Marino Onibus e Implementos Ltda (Neobus) and will invest in the company. Working together, we can bring value to customers with an integrated solution for commercial bus markets in South America and North America.

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Volkswagen Group’s profits dropped 20% in Q1, but it remains confident in hitting 2024 targets

Baua Electric

In terms of overall sales, Asia-Pacific saw 2% growth while South America recorded record numbers, up 19% year over year. That said, sales in North America were down 10%, followed by the rest of the world at 5%, for a grand total of 2.1 million vehicles sold globally in Q1.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

However, the report notes, renewable energy price improvements are not universal, and costs range widely according to resources and the availability of financing. These technologies will become more cost-competitive in future, especially where low-cost financing is available. Cape Wind will not lead the US energy revolution. .

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