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Siemens Energy secures 50 MW electrolyzer order from European Energy for first large-scale eMethanol project

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Through the nearby 300 MW solar park of Kassø, developed by European Energy, the project will have access to the low-cost renewable electricity needed to produce cost-effective e-Fuel. The global shipping consumes around 3,050 terawatt hours (TWh) of the worldwide final energy consumption.

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BYD to slash EV prices even more with new platform as it looks to crush ICE car sales

Baua Electric

A new report claims BYD’s new EV platform will slash costs even further as the automaker kicks off a “liberation battle” against gas-powered cars. Best known for its low-cost EVs, such as the Dolphin, Atto 3, and sleek Seal sedan, BYD is taking its game up a notch in 2024. It’s gas-powered cars.

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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

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The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). Abatement cost with hydrogen at $1/kg (7.4/MMBtu).

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Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. However, due to the pivot, plans for its three-row electric SUV have been put on the back burner.

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BYD sees NEV share reaching 50% in the next 3 months in China as EV price war heats up

Baua Electric

About half of BYD’s sales are all-electric, while the other half are PHEVs. Electric vehicles pushed China past Japan to become the global auto export leader. BYD’s first car transport ship docked in Germany last month, carrying 3,000 vehicles, as it’s “just getting started” in Europe.

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BYD says EVs have entered the ‘knockout round’ with next-gen tech rolling out

Baua Electric

Global EV leader BYD believes new energy vehicles, including EVs and PHEVs, have entered the “knockout round” with gas-powered cars. Let the “liberation battle” begin After declaring a “liberation battle” against gas-powered cars earlier this year, BYD, or Build Your Dreams, is putting pressure on overseas rivals.

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DOE awarding >$24M to 77 projects through Technology Commercialization Fund

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Concentric Ring Gas Atomization Die Design for Optimized Particle Production, $150,000 Praxair, Indianapolis, Ind. Extension of Core Restrain Design Code NUBOW-3D to Lead Cooled Fast Reactor Systems, $75,000 Westinghouse Electric Company, Cranberry Township, Pa. Selected Labs and Partners. Ames Laboratory. Argonne National Laboratory.