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Groupe Renault working on ~20 blockchain projects

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Groupe Renault has identified some 20 projects to deploy blockchain technology. For Groupe Renault, blockchain has to be used as a collaborative, multi-company digital tool within the automotive sector, thereby becoming a source of increased productivity and collective intelligence. Some of these will be deployed soon.

Financing 476
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Iveco Group acquires full control of Nikola Iveco Europe

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Iveco Group N.V. Iveco Group N.V. Iveco Group is licensed to access freely and continue developing vehicle control software for the jointly developed battery-electric (BEV) and fuel-cell-electric (FCEV) trucks.

Europe 395
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Air Liquide, Groupe PSA, Schneider Electric, Valeo to produce respirators in response to the French government request

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Faced with the compelling need for more respirators, the French government asked a group of French industrial companies led by Air Liquide to study the possibility of increasing the production of respirators so as to provide 10,000 respirators in 50 days, between the beginning of April and mid-May.

France 411
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Pinnacle Engines appoints Asian Business Advisory Board; closes Series C financing

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Pinnacle Engines, developer of a highly efficient 4-stroke, spark-ignited (SI), opposed-piston, sleeve-valve architecture engine ( earlier post ), has appointed five industry leaders to its newly formed Asian Business Advisory Board. Phil also held leadership positions at Chrysler and Isuzu and most recently was the CEO of Coda Automotive.

Financing 291
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Opposed-piston engine company Achates Power raises $35.2M in Series C Financing; new industry advisory board

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million in Series C financing. The company also announced the formation of a new Industry Advisory Board, and its selection as a semi-finalist in the Securing America’s Future Energy (SAFE) Energy Security Prize. Achates Power, Inc., Earlier post.). Earlier post.).

Financing 236
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Dongfeng Motor Group deepens partnership with Peugeot with $1.1B stake, new industrial plan

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China’s Dongfeng Motor Group (DFG) will invest at least €800 (US$1.1 The investment also marks a strengthening and deepening of the existing industrial and commercial partnership between PSA and DFG, China’s second largest carmaker. Industrial partnership. billion) capital increase newly approved by PSA’s board.

Industry 236
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BMW Group, BASF SE, Samsung SDI and Samsung Electronics launch cross-industry project to support sustainable cobalt mining

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As part of a cross-industry initiative, the BMW Group, BASF SE, Samsung SDI and Samsung Electronics have launched a joint cobalt pilot project in the Democratic Republic of the Congo. This fully privately financed project seeks to pilot an approach to address challenges in artisanal mining.

Congo 236