Daimler Truck and Volvo create fuel-cell joint venture
Sweden’s Volvo Group has acquired 50 percent of Stuttgart based Daimler Truck Fuel Cell for SEK 6.3 billion (approximately EUR 0.6 billion) on a cash and debt-free basis. The ambition is to make the new joint venture, renamed as cellcentric, a leading global manufacturer of...
Toyota breaks ground on human-centred living laboratory city
Work has started in Japan on “Toyota Woven City”, a new smart city “dedicated to the advancement of all aspects of mobility”. Situated near the base of Mount Fuji, the project will transform the former 175-acre Toyota Higashi-Fuji Plant in the city of Susono to...
“Venture capital at scale” deal secures major boost for aerial ridesharing
Electric vertical takeoff and landing (eVTOL) developer Joby Aviation has merged with Reinvent Technology Partners, as the conclusion of a $1.6 billion special purpose acquisition company deal (SPAC). The combined company will retain the name Joby Aviation and become publicly traded with its stock listed...
Foxconn to bring Fisker’s next EV model to market within two years
Chinese iPhone-maker Foxconn has signed a memorandum of understanding to build a new electric vehicle for Fisker Inc, the Los Angeles based EV startup of celebrated Danish automotive designer and entrepreneur Henrik Fisker. Foxconn, the world's largest electronics manufacturer, will build Fisker second vehicle, which...
Domestic success catapults Chinese budget EV to second place in global sales
A budget electric vehicle (EV) from China's top automaker, state-owned SAIC Motor, is outselling Tesla in its home market and has jumped to second place in EV global sales. The compact Hong Guang Mini EV sells for $4,500 (£3,200) helping it overtake the Shanghai-built Tesla’s...
DHL Freight and Volvo Trucks collaborate on fossil-free long haul road transport
DHL Freight, one of Europe’s leading road freight providers, and Volvo Trucks are collaborating on a project to speed up the introduction of heavy-duty electric trucks for regional transport across Europe. The main use of electric trucks to date has been short journeys within cities...
Denmark plans major low emission marine fuel production facility
Copenhagen Infrastructure Partners (CIP) has unveiled plans for the establishment of Europe’s largest production facility of green ammonia, one of the most promising low emission marine fuels. The Power-to-X facility located in Esbjerg on the Danish west coast will convert power from wind turbines to...
Spanish EV charging station utilises second life electric bus batteries
Spanish energy company and service station operator Repsol has opened its first electric vehicle charging points using energy storage from second life electric bus batteries. The previously used bus batteries and the associated power electronics produced and installed by Irizar have been integrated by charging...
Maersk plans to put world’s first carbon neutral containership in operation by 2023
Danish shipping giant AP Moller – Maersk has announced plans to operate the world’s first carbon neutral liner vessel by 2023, seven years sooner than its original target. Fast-tracked by advances in technology and increasing customer demand for sustainable supply chains, Maersk says its efforts...
Drone flights deliver medical supplies to remote Scottish communities
Drones are using Vodafone’s 4G network to transport medical supplies between NHS hospitals and facilities in a remote part of western Scotland. The drone flights can cover up to 40 miles (64km) at a time, with each drone capable of carrying up to 3kg of...
