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GEM commits to invest up to $100M in Skyworks Aeronautics; commercialization of eVTOL gyroplanes

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announced a $100-million investment commitment from GEM Global Yield LLC SCS, a Luxembourg-based private alternative investment group. Skyworks Aeronautics envisions a speed of 100-150 mph; 2-4 passengers plus a pilot; and 30-100 miles of range. Skyworks Aeronautics Corp. Artist’s concept of eGyro. Source: Skyworks Aeronautics.

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High-power battery company MOBIUS.energy secures $50M investment commitment from GEM

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MOBIUS.energy Corporation secured a $50-million investment commitment from GEM Global Yield LLC SCS, a $3.4-billion, billion, Luxembourg-based private alternative investment group. This demonstration flight will be a critical milestone in our path toward public listing.

Companies 243
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OCSiAl launching a graphene nanotube synthesis facility in Serbia in 1H 2023

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The new hub will further strengthen OCSiAl’s supply chain resilience and enhance the company’s leading position in the global graphene nanotube market, the company said. The graphene nanotube synthesis facility in Serbia will leverage OCSiAl’s unique production technology. The facility is planned to have a 40 MT/y capacity.

Serbia 150
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BMW Group to lead €19.5M HyCET project consortium on hydrogen combustion engine trucks

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With its shorter filling times, high payload and versatility, combined with its attractive range, hydrogen is regarded as a promising fuel for transport logistics. The other issue for HyCET, alongside technology development, is the required infrastructure, such as publicly accessible hydrogen filling stations.

Hydrogen 493
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Nissan Teams Up with LeasePlan to Bring Nissan LEAF to Europe

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The car will be mass-marketed globally from 2012 onwards. The thirteen countries involved in the agreement are Belgium, Denmark, Finland, France, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom. million vehicles globally. LeasePlan operates a fleet of more than 1.3

Nissan 218
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SAIC introduces large electric panel van in Europe: Maxus EV80

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With a range of 200 km (124 miles) and charging time of just two hours, the Maxus EV80 is expected to be suited to businesses with typical usage cycles that incorporate predominantly urban routes. SAIC Mobility Europe was formally established in Luxembourg. The maximum payload capacity is 950 kg (2,100 lbs). SAIC Motor sold 6.49

Europe 186
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Global WorldAutoSteel Project Presents Interim Results of FutureSteelVehicle (FSV) Phase 2 Project for Low GHG Body Structure for Electrified Vehicles

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WorldAutoSteel,the automotive group of the World Steel Association, has presented findings on the progress of FutureSteelVehicle (FSV) Phase 2, a global steel industry effort to develop advanced high-strength steel (AHSS) architectures for electrified vehicles that reduce life cycle greenhouse gas (GHG) emissions. Arcelor Mittal - Luxembourg.