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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

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Specifically, applications for the technology, chemical and pharmaceutical, insurance and automotive industries are to be brought to market maturity. In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers. QUTAC’s vision is to drive such a quantum computing ecosystem.

BMW 221
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thyssenkrupp Steel, HKM and Port of Rotterdam jointly investigate setting up hydrogen supply chains

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For decades, both companies have been importing coal, iron ore and other raw materials via their own terminal in Rotterdam, using inland barges as well as rail to transport it to their blast furnaces in Duisburg.

Hydrogen 305
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Germany and Namibia form partnership for green hydrogen

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The Federal Research Ministry will provide up to 40 million euros in funding from the economic stimulus package for cooperation within the framework of this partnership. Namibia has enormous potential for scaling up a green hydrogen industry. test schemes for green hydrogen production in Namibia and for hydrogen transport.

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Consortium Seeks Stimulus Funding for DME-Electric Hybrid Buses

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A consortium is seeking US stimulus funding available through the Federal Transit Administration’s (FTA) Transit Investments for Greenhouse Gas and Energy Reduction (TIGGER) program to convert 20 hybrid diesel-electric buses to hybrid dimethyl-ether (DME)-electric propulsion. a developer of fuel injection equipment for DME-fueled vehicles.

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European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan

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We need a coordinated relaunch of industrial and retail activity, with maintained liquidity for businesses. Demand stimulus will boost the utilization of our manufacturing capacity, safeguarding jobs and investments. Exempt transport of goods from border closures and align border control measures.

Renewable 207
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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The report highlights the potential for investments in zero-emissions energy and transport to create new jobs and economic growth. trillion more each year should be invested worldwide in improving transport, particularly mass transit systems and the extension of railway networks. It suggests that $1.4

Global 170
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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. He also believes that sub-1.6L CAGR from 2012 through 2020 to about $250/kWh.