Schneider Electric acquires EV Connect

Energy management and automation company Schneider Electric has acquired EV Connect, an EV charging solution provider. Along with the current management team, CEO and founder Jordan Ramer will continue to lead EV Connect’s operations as a distinct subsidiary. At Schneider Electric, we believe that electric and digital are the recipe... Read more →


LOTTE Chemical and Sasol Chemicals exploring collaboration to develop electrolyte solvents

Sasol Chemicals, a business unit of Sasol Ltd. and LOTTE Chemical, Korea's leading chemical company, have agreed to conduct a pre-feasibility study of a joint project to build, own and operate a plant to produce battery-grade electrolyte solvents. The companies will assess the suitability of Sasol’s locations near Lake Charles... Read more →


Nikola Tre BEV approved for the New York Truck Voucher Incentive Program as zero-emission vehicle

Nikola Corporation announced that its Nikola Tre battery-electric vehicle (BEV) has been deemed eligible for the New York Truck Voucher Incentive Program (NYTVIP). NYTVIP provides vouchers, or discounts, to fleets across New York State that purchase or lease medium- and heavy-duty zero-emission battery electric vehicles (BEV). With this approval, purchasers... Read more →


California bill would implement car-free tax-credit program

California Senate Bill 457, authored by State Senator Anthony J. Portantino (D – La Cañada Flintridge) creates a rebate program for each person without a car in a household. It is currently awaiting action in the Assembly. The bill is aimed at reducing California’s dependence on cars, providing more incentives... Read more →


Volvo Trucks is introducing a new safety system to detect other road users entering the blind spot on both sides of the truck. The new safety system uses a dual radar on each side of the truck that detects when other road users enter the blind-spot area. When someone is... Read more →


Chevron sanctions $1.6B Ballymore in deepwater GOM; low-cost tieback to add up to 75,000 bpd

Chevron Corporation has sanctioned the $1.6-billion Ballymore project in the deepwater US Gulf of Mexico (GOM). The project, with a design capacity of 75,000 barrels of crude oil per day, will be developed as a three-mile subsea tieback to the existing Chevron-operated Blind Faith platform. Chevron’s U.S. Gulf of Mexico... Read more →


HYON enters collaboration agreement with Mitsui on hydrogen fueling

HYON, a company founded in 2017 with the aim of being the leading provider of bunkering solutions for hydrogen, has entered a collaboration agreement with the Japanese trading and investment company Mitsui & Co., Ltd. The partnership sets the stage for large-scale development of hydrogen fueling solutions, starting with a... Read more →


Pacific Basin Shipping, Nihon Shipyard and Mitsui to collaborate on zero-emissions vessels

Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, has signed a memorandum of understanding (MoU) with Nihon Shipyard Co., Ltd and Mitsui & Co., Ltd to cooperate in the investigation and development of zero-emission vessels and investment in related bunkering infrastructure. The International Maritime Organization... Read more →


Highly efficient battery systems are the key to success of electromobility as the power is transmitted from the charging components to the battery and from there to the electric motor. This is done by metal busbars. Plastic overmoldings ensure electrical insulation of the busbars and, thus, safe distribution of the... Read more →


CNGR, Finnish Minerals Group JV founded; producing precursor material in Hamina

In late 2021, Finnish Minerals Group and technology company CNGR Advanced Material announced their plan to establish a new joint venture company to build a pCAM plant that will produce precursor material in Hamina. (Earlier post.) Now, the joint venture has been founded and given the name CNGR Finland Oy.... Read more →


Sunrise, Graphite One sign MOU on establishing US plant for graphite-based anodes and other products

Global Internet of People, Inc. (SDH), today announced that its subsidiary Sunrise (Guizhou) New Energy Material Co., Ltd., a lithium-ion battery anode producer based in Guizhou Province, China, has entered into a memorandum of understanding (MOU) with Graphite One Inc., a Vancouver based company that produces graphite materials. The companies... Read more →


Magna growing battery enclosures business, expanding in Ontario to support new Ford business

With the increasing shift toward vehicle electrification, Magna is leveraging its body and chassis expertise to provide innovative battery enclosures. The company is expanding its operations into Chatham, as an extension of its current operations in St. Thomas to support new business from Ford Motor Company. The new 170,000 square... Read more →


Suzuki to invest $1.3B for EV and EV battery manufacturing in India

Suzuki Motor Corporation (SMC) signed a Memorandum of Understanding (MOU) with the State of Gujarat, India, to invest approximately 104.4 billion rupees (approximately US$1.4 billion) for local manufacturing of electric vehicles (BEV) and BEV batteries. The MOU was signed on 19 March 2022 at India-Japan Economic Forum held in New... Read more →


Textron to acquire electric aircraft pioneer Pipistrel

Textron Inc., home to the Cessna, Beechcraft, and Bell aviation brands, has entered into an agreement to purchase Pipistrel, an award-winning pioneer and global leader in electrically powered aircraft, based in Slovenia and Italy. With Textron, Pipistrel will have access to greater resources, technical and regulatory expertise and a global... Read more →


Stellantis Ventures launches with €300M fund

Stellantis has launched its first venture capital fund with the creation of Stellantis Ventures. The fund will initially invest €300 million in early and later-stage startup companies developing innovative, customer-centric technologies that could be deployed within the automotive and mobility sector. We are moving fast in our transformation to a... Read more →


Aemetis to supply Qantas with 35M gallons of blended sustainable aviation fuel

Aemetis, a renewable fuels company focused on negative carbon intensity products, has signed an offtake agreement with Qantas Group and Qantas Airlines for 35 million gallons of blended sustainable aviation fuel (SAF) to be delivered over the 7-year term of the agreement. The value of the contract including incentives is... Read more →


Honda to issue US$2.75B in dollar-denominated green bonds to accelerate environmental initiatives

Honda Motor Co. will issue US dollar-denominated Green Bonds totaling US$2.75 billion for its initiatives toward the realization of a society that aims for zero environmental impact. The proceeds from the issuance of the Green Bonds will be used exclusively toward environmental initiatives. This will be the first time for... Read more →


MARAD to award $25M to support Marine Highway program

The US Department of Transportation’s Maritime Administration (MARAD) announced the availability of $25 million in funding for the America’s Marine Highway Program (AMHP), which supports the development and expanded use of America’s navigable waterways and will help improve supply chains and the movement of goods throughout the country. These new... Read more →


Lithium Australia talking with Johnson Matthey about acquiring LFP production operation in Canada

In a prospectus filed on 10 February 2022, lithium producer Lithium Australia reported that it has made a non-binding offer (NBO) to Johnson Matthey PLC for the acquisition of the lithium ferro phosphate (LFP) production operations located in Candiac, Canada and a research and development facility on Moosburg, Germany. The... Read more →


Fisker opens reservations for its second product, the PEAR; starting price of $29,900

Fisker Inc. is now accepting reservations for its second product, the Fisker PEAR (Personal Electric Automotive Revolution). (Earlier post.) The all-electric Fisker PEAR blends sustainability, technology, and design into a digitally connected, compact, five-passenger urban EV. Featuring intuitive controls, sporty driving, clever storage, and a focus on industry firsts, the... Read more →


A scientist at Argonne National Laboratory will host a short 15-minute public webinar on 2 March 2022 at 11 a.m. CT that will compare the greenhouse gas emissions of electric vs. conventional vehicles. Register here. Electric vehicles (EVs) tend to generate fewer greenhouse gas emissions than conventional vehicles. But the... Read more →


NJ TRANSIT orders 8 electric Xcelsior CHARGE NG buses with options to purchase up to 75 more

New Flyer of America has received a firm order from the New Jersey Transit Corporation (NJ TRANSIT) for eight zero-emission, next generation Xcelsior CHARGE NG forty-foot heavy-duty transit buses with options to purchase up to 75 more battery-electric buses under a five-year contract. The new contract advances NJ TRANSIT’s zero-emission... Read more →


Strategy Analytics forecasts 17.5% CAAGR for automotive semiconductor dollar demand from 2020-2025

Sustained demand coupled with price rises translated to the automotive semiconductor market showing a strong upwards trajectory in 2021, growing by 11.9% year-on-year. With vehicle production assumed to normalize in 2022, and a strong push towards electrification driving production and associated demand, Strategy Analytics forecasts CAAGR (Compounded Average Annual Growth... Read more →


Polestar 2 racks up more than 4,000 reservations in South Korea in one week

The Polestar 2 electric vehicle is off to strong start in South Korea with more than 4,000 reservations logged in one week. South Korea is Polestar’s 19th global market and the latest to introduce Polestar 2. Customers can place reservations online at Polestar.com with a US$840 deposit. Polestar 2 reservations... Read more →


USA Truck to buy 10 Nikola Tre BEV trucks; fleet-as-a-service model; option for 90 more over next 2 years

USA Truck Inc. has entered into a Letter of Intent (LOI) for an initial purchase of 10 Nikola Tre BEV trucks from Thompson Truck Centers, a member of the Nikola Corporation sales and service dealer network. The LOI between USA Truck and Thompson Truck Centers is a “fleet-as-a-service” model in... Read more →


Eaton acquires Royal Power Solutions for $600M; bolstering electrification business

Power management company Eaton has acquired Royal Power Solutions, a US-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets. Under the terms of the agreement, Eaton paid $600 million for Royal Power Solutions, which represents approximately 13.6 times the company’s estimated 2022... Read more →


Edison Motors and Plug Power sign agreement for production of hydrogen-powered city buses in S. Korea

Korean electric car manufacturer Edison Motors signed an agreement with Plug Power to develop and to bring to market a hydrogen fuel-cell-powered electric city bus. Plug Power’s 125kW ProGen fuel cell engine will provide power to Edison Motors’ electric bus platform. The companies expect to have a fuel-cell-electric-bus prototype completed... Read more →


Chinese EV ride-hailing service provider considering SPAC IPO in US with estimated valuation of $1B

BMKP Technology Co Ltd., a Chinese EV ride-hailing service provider, is considering going public in the US through a merger with a Special Purpose Acquisition Company (SPAC). BKMP expects it will be listed on Nasdaq around March 2022 at the earliest, with an estimated valuation of US$1 billion (equivalent to... Read more →


Benchmark: EVs this decade unlikely to use solid-state batteries due to cost

Most electric vehicles (EV) are unlikely to use more powerful solid-state and lithium-metal batteries this decade as the technology will struggle to compete on costs, according to Benchmark Mineral Intelligence. Lithium metal battery production capacity is set to reach 260 GWh by 2030, based on the current pipeline, as startups... Read more →


Governors of Washington and Oregon, Premier of BC sign MOU for ultra-high-speed transportation system

Governor Jay Inslee of Washington state, Governor Kate Brown of Oregon, and Premier John Horgan of British Columbia signed a Memorandum of Understanding that establishes ultra-high-speed transportation as a regional priority. The agreement reaffirms the shared commitment to developing a sustainable Cascadia Innovation Corridor. A 2018 study from the Washington... Read more →


Mitsubishi Motors Corporation (MMC) announced that GAC Mitsubishi Motors Co., Ltd. (GMMC), MMC’s vehicle production and sales joint venture in China, unveiled the all-new electric SUV Airtrek at Auto Guangzhou. The Airtrek comes equipped with a 70 kWh drive battery, achieving a maximum driving range of approximately 520 kilometers (323... Read more →


Toyota and DRIVR put 100 hydrogen taxis on the roads in Copenhagen

Toyota and the taxi service DRIVR have put more than 100 hydrogen taxis on the roads in Copenhagen, supporting the political goals for a greener taxi industry. The Danish government's aim is that no new taxis emit CO2 or air pollution from 2025 and by 2030 all moving taxis must... Read more →


Haldor Topsoe and Green Fuel to develop scalable technologies for green ammonia in Iceland

Green Fuel and Haldor Topsoe have signed a Memorandum of Understanding (MOU) which will see the companies partnering to identify efficient and scalable technologies for the production of green ammonia in Iceland. The agreement also enables the two companies to explore other business opportunities within green ammonia. Green ammonia will... Read more →


QuantumScape 10-layer solid-state cell testing shows 800 cycles with 80% retention

Solid-state Li-metal battery company QuantumScape released 10-layer battery cell testing data showing 800 cycles at better than one-hour charge rates at 25 °C, achieving the goal it had laid out for 2021. With this achievement, QuantumScape has now met all the milestones it laid out at the beginning of the... Read more →


Global customer deliveries of the all-electric light-duty truck FUSO eCanter have now surpassed the 300-vehicle mark from small series production. Customers in sixteen countries and cities such as New York, Tokyo, Berlin, London, Amsterdam, Paris, Dublin, Oslo, Copenhagen, Helsinki and Auckland are using the urban delivery truck. More deliveries are... Read more →


Tesla and Gangeng Lithium sign 3-year lithium-hydroxide supply contract

Recently, Ganfeng Lithium and its wholly-owned subsidiary GFL International Co., Limited signed a product supply contract with Tesla, Inc. and Tesla (Shanghai) Co., Ltd. for a three-year supply of battery-grade lithium hydroxide products to Tesla. The teem of the contract runs from 1 January 2022 to 31 December 2024 The... Read more →


SunLine Transit Agency orders 5 more New Flyer hydrogen fuel-cell-electric buses

California’s SunLine Transit Agency has awarded New Flyer a contract for five forty-foot fuel cell-electric Xcelsior CHARGE H2 heavy-duty transit buses. The purchase follows SunLine’s previous 2020 order for five Xcelsior CHARGE H2 buses and brings SunLine’s total zero-emission fleet to 26 fuel cell-electric vehicles. The Xcelsior CHARGE H2 is... Read more →


Bosch to invest more than €400M in its semiconductor fabs in 2022

In the face of the global chip shortage, Bosch is increasing its capital expenditure. Just a few weeks after opening its new wafer fab in Dresden, Bosch has now announced another nine-figure investment in its chip manufacturing facilities. In 2022 alone, Bosch plans to invest more than €400 million in... Read more →


In 2018, US states with the highest shares of CO2 emissions coming from transportation were primarily located along the eastern and western coasts, with California, Hawaii, and Washington having the highest share at 59%, followed closely by Idaho at 58%. The four lowest states were Louisiana (19%), North Dakota (15%),... Read more →


Study finds short-haul flights in Europe a key contributor to aviation emissions

A new study by a team from The University of Manchester in the UK has found that the main culprit for aviation emissions across the connected continent of Europe is the large number of short-haul flights. The research, recently published in journal Transportation Research, identified that a large number of... Read more →


Solaris lands €15+M contract for 30 electric buses for Genoa, Italy

Solaris has won a tender for the delivery of as many as 30 Urbino 12 electric buses to AMT (Azienda Mobilità e Trasporti SpA) in Genoa, Italy. The coastal city wants to replace its fleet with electric buses only by 2025. The value of the new contract exceeds €15 million.... Read more →


Geely’s Holding subsidiary company, Geely Technology Group, showcased the battery swapping technology behind its battery swapping service, called E-Energee, at the 2021 Wuzhen Internet Conference, while providing further details on the future layout of its services. Geely Technology Group began researching battery swapping technologies in 2017 as it grew its... Read more →


Gevo acquires Butamax patent estate for the production of renewable isobutanol and derivative renewable fuel products

Gevo has entered into an asset purchase agreement with Butamax Advanced Biofuels LLC and its affiliate, Danisco US Inc., to acquire certain patents, leaving Gevo as the only entity with full rights to sublicense the entire Gevo/Butamax isobutanol and isobutanol derivatives patent estate in the fields of fuels, isooctane, industrial... Read more →


Electric Last Mile Solutions, a pure-play commercial electric vehicle company focused on redefining productivity for the last mile, has received a binding purchase order for 1,000 units of its Urban Delivery vehicle from its strategic distribution partner, Randy Marion Automotive Group. Start of production for the Urban Delivery took place... Read more →


Oshkosh invests in Carnegie Foundry to build upon autonomy and robotics capabilities

Oshkosh Corporation, a leading developer and manufacturer of mission-critical vehicles and essential equipment, and Carnegie Foundry, a robotics and artificial intelligence (AI) venture studio headquartered in Pittsburgh, Pa., announced a strategic partnership and Oshkosh Corporation investment in Carnegie Foundry to accelerate innovation in autonomy and robotics. Carnegie Foundry has an... Read more →


Chevron, Caterpillar to demonstrate hydrogen locomotive prototype

Chevron USA, a subsidiary of Chevron Corporation, and Caterpillar announced a collaboration agreement to develop hydrogen demonstration projects in transportation and stationary power applications, including prime power. The goal of the collaboration is to confirm the feasibility and performance of hydrogen for use as a commercially viable alternative to traditional... Read more →


Helbiz announced the launch of its first electric scooter intended for sale, Helbiz One. The e-scooter prototype was developed through a collaboration with international design house and emblem of Italian style, Pininfarina, and MT Distribution, a leader in the design and production of urban micro-mobility solutions in the Italian Motor... Read more →