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Phillips 66, Plug Power to collaborate to scale green hydrogen in industrial & mobility sectors; infrastructure and fueling capabilities

Green Car Congress

Phillips 66 and Plug Power Inc. NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions, signed a memorandum of understanding to collaborate on the development of low-carbon hydrogen business opportunities. We believe hydrogen is an important pathway for hard-to-electrify industries in a lower-carbon energy landscape.

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Alfa Romeo starts production of its first plug-in hybrid; Tonale offers 30 miles electric range

Green Car Congress

Alfa Romeo’s first plug-in hybrid is built at the Giambattista Vico Stellantis plant in Pomigliano d’Arco, Naples, Italy, one of the company’s most advanced production sites. The plug-in hybrid powertrain features a 15.5-kWh Alfa Romeo started retail production for the all-new 2024 Tonale PHEV. Earlier post.) The additional 1.3-liter

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Despite Elon Musk’s foolishness, auto industry shouldn’t give up on NACS

Electrek

Tesla CEO Elon Musk is causing chaos in the EV industry by firing Tesla’s entire charging team, which may lead some automakers to reconsider their plans to adopt the NACS plug. But NACS is just a better standard, and the industry should move forward on it, even if Tesla waffles with its commitment.

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XL Fleet partnering with Curbtender to develop all-electric and plug-in hybrid refuse trucks

Green Car Congress

Under the terms of the agreement, XL Fleet and Curbtender will jointly develop a series of battery electric (BEV) and plug-in hybrid electric (PHEV) commercial trucks for use in waste management applications. XL Fleet Corp. Refuse collection trucks travel 25,000 miles annually on average and contribute around 1.4%

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Plug Power, Chart Industries and Baker Hughes to become cornerstone investors in FiveT Hydrogen Fund; clean hydrogen at scale

Green Car Congress

Plug Power, Chart Industries, Inc. Plug Power intends to commit €160 million ($200 million), and Chart Industries and Baker Hughes each intend to commit €50 million respectively ($60 million). The Fund will exclusively finance projects in the production, storage and distribution of clean hydrogen.

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Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030

Green Car Congress

The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. The US is targeting a 50% penetration rate of EVs (battery, plug-in hybrid, and fuel cell) in new sales by 2030. million EVs.

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Thailand’s EV industry growing rapidly

Green Car Congress

According to the Electric Vehicle Association of Thailand, the number of companies that are part of Thailand’s electric vehicle industry has risen significantly since 2015, from 76 to 420 in 2019. million units in 2018. We are pleased to welcome the location of a Mercedes-Benz battery production facility to the Bangkok region.