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Volvo Group to acquires 45% of Dongfeng Commercial Vehicles for $900M; Volvo to become world’s largest manufacturer of heavy-duty trucks

Green Car Congress

AB Volvo has signed an agreement with the Chinese vehicle manufacturer Dongfeng Motor Group Company Limited (DFG) to acquire 45% of a new subsidiary of DFG, Dongfeng Commercial Vehicles (DFCV), which will include the major part of DFG’s medium- and heavy-duty commercial vehicles business. The purchase price is RMB 5.6

Volvo 294
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Optimal Electric Vehicles secures initial order for 200 EV chassis; partnership with Olathe Ford

Green Car Congress

Optimal Electric Vehicles and Olathe Ford, one of the nation’s largest Ford Commercial Vehicle Centers (CVCs), announced a new partnership in the sales and distribution of Optimal-EV’s E1 series battery-electric cutaway chassis platform. The all-electric E1 will feature a gross vehicle weight rating (GVWR) of 14,500 pounds.

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Evident launches skutterudite thermoelectric product

Green Car Congress

Evident Thermoelectrics has launched the first commercial thermoelectric product using skutterudite material technology: the Evident Skutterudite Test Kit. This launch comes shortly after Evident announced its purchase of GMZ Energy, a developer of high-temperature thermoelectric generation (TEG) systems. Earlier post.). Skutterudite.

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Ballard closes JV deal for fuel cell stack production in China

Green Car Congress

Synergy) for the establishment of an FCvelocity-9SSL fuel cell stack production operation in the City of Yunfu, in China’s Guangdong Province. —has been registered to undertake the FCvelocity-9SSL fuel cell stack manufacturing operations, with the company owned 90% by Synergy and 10% by Ballard; and. Earlier post.)

China 150
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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

Green Car Congress

Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Honda SUV e:prototype shown at Shanghai 2021.

Honda 400
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Phillips 66 taking 16% stake in synthetic graphite supplier NOVONIX; building US-based battery supply chain

Green Car Congress

It advances our commitment to pursue lower-carbon solutions while leveraging our leadership position and expertise in the specialty coke market and supporting NOVONIX’s emerging position in US-based anode production. —Greg Garland, Chairman and CEO of Phillips 66.

Supplies 186
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How We Review Products at TTAC

The Truth About Cars

Who we are The Truth About Cars has a team of dedicated professional editors, writers, and analysts who are committed to bringing you honesty when it comes to news coverage of the automotive industry, car reviews, and also, product reviews. How The Truth About Cars selects and ranks products We have three types of product reviews.