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HIF Global, Porsche and Volkswagen Group unveil new direct air capture unit to be installed at eFuels plant in Chile in 2024

Green Car Congress

At the IAA Summit in Munich, HIF Global, together with Porsche AG, Volkswagen Group Innovation and MAN Energy Solutions, announced the development and installation of a Direct Air Capture (DAC) unit at the HIF Haru Oni Demonstration facility in southern Chile in 2024. Earlier post.) Earlier post.) This stores the CO 2 long-term.

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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.

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International Lithium Association (ILiA) established to be the voice of the global lithium industry

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The International Energy Agency (IEA) has estimated that the growth in EVs could see lithium demand increase by more than 40 times by the year 2030. Orocobre Ltd; and Pilbara Minerals, which between them account for well more than half of global lithium production. The five founding members of ILiA are SQM; Ganfeng Lithium Co.,

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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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Hyundai Motor Group takes a stake in AI semiconductor firm Tenstorrent

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Hyundai Motor Group announced a strategic investment in Tenstorrent , an artificial intelligence (AI) semiconductor company based in Toronto, Canada, which will allow the Group to integrate AI into future Hyundai, Kia and Genesis vehicles, and other future mobilities, including robotics and advanced air mobility (AAM).

Hyundai 150
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Deutsche Post DHL Group introduces Green Carrier Certification as part of its sustainability roadmap

Green Car Congress

Deutsche Post DHL Group is introducing a global DHL Green Carrier Certification to reward road transport subcontractors for their efforts to become more sustainable. As part of its sustainability roadmap, Deutsche Post DHL Group aims to reduce greenhouse gas emissions to below 29 million tons by 2030 and net-zero by 2050.

Green 414
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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. ID-Technologies, Fribourg, Switzerland.

Hydrogen 353