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Airbus and Munich Airport International expand partnership to develop Advanced Air Mobility solutions globally; CityAirbus eVTOL

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Airbus and Munich Airport International signed a Memorandum of Understanding at ILA Berlin Air Show to start marketing turnkey solutions to cities and regions interested in developing advanced air mobility (AAM) ecosystems globally. —Ivonne Kuger, Executive VP Corporate Development MAI.

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EIA: International demand will drive US production of petroleum and other liquids through 2050

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Strong continuing international demand for petroleum and other liquids will sustain US production above 2022 levels through 2050, according to most of the cases in the US Energy Information Administration’s (EIA’s) Annual Energy Outlook 2023 (AEO2023). Eventually this trend becomes unprofitable, at which point new drilling stops.

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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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BYD and UzAuto to form NEV production JV in Uzbekistan

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Strong cooperations with other international enterprises on the development of vehicle electrification is part of the core business strategy. As of November 2022, BYD has sold more than 3 million NEVs to global customers. UzAuto is expanding its production capacity by 500,004 by end of 2023 and 1 million vehicles by 2027.

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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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In 2022, green hydrogen production capacity reached more than 109 kilotons per annum (ktpa) worldwide, representing 44% growth compared to 2021, according to data and analytics company GlobalData. During 2022, over 393 deals related to hydrogen were closed, representing a significant increase compared to 277 deals registered in 2021.

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Study finds global emissions of several banned ozone-destroying CFCs are increasing

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New analysis has found increasing emissions of several ozone-depleting chemicals despite their production being banned for most uses under the Montreal Protocol—and a loophole in the rules is likely responsible. Although the team found rising global emissions, they weren’t able to identify particular locations.

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Deutsche Post DHL Group sells StreetScooter production rights to international consortium ODIN Automotive S.à.r.l.

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Deutsche Post DHL Group is selling the rights and know-how for the production of its StreetScooter electric vehicles to the international consortium ODIN Automotive S.à.r.l. Luxembourg). The deal includes the intellectual property for the D17 and D20 vehicle models as well as the two wholly owned subsidiaries in Switzerland and Japan.