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IDTechEx: future of the electric ship industry lies with hybrid cargo vessels

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More than 1GWh of batteries are now sailing on waters globally, reflecting 72% industry growth in 2022, according to a new report from IDTechEx. IDTechEx concludes that the future of the electric ship industry lies with hybrid cargo vessels. The potential is huge.

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Tesla publishes Master Plan Part 3; $10.4T for a sustainable global energy economy

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During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.) Tesla has now done so.

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GM investing $632M in Fort Wayne Assembly for future ICE truck production

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This investment will enable the company to strengthen its industry-leading full-size truck business. Product details and timing related to GM’s future trucks are not being released at this time. The announcement brings GM’s US manufacturing and parts distribution facility investment commitments to more than $31.6

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Cadillac CELESTIQ to be built at GM’s Global Technical Center

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General Motors will invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ ( earlier post ). As Cadillac’s future flagship sedan, CELESTIQ signifies a new, resurgent era for the brand. 3D Printer at GM Additive Industrialization Center.

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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

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Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. In total, an amount in the low nine-figure USD range is flowing into HIF Global LLC. AME remains the majority shareholder of HIF Global LLC. Earlier post.).

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BMW Group secures CO2-reduced steel for global production network

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Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. This manufacturing process has significant potential for CO 2 savings, compared to coal-based steel production in a blast furnace.

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BMW Group opens new Additive Manufacturing Campus

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The BMW Group has officially opened its new Additive Manufacturing Campus. The new center brings together production of prototype and series parts under one roof, along with research into new 3D printing technologies, and associate training for the global rollout of toolless production. —Milan Nedeljkovi?,

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