SK Group To Invest $16.4B To Create Hydrogen Production-Distribution-Consumption Ecosystem By 2025
Korea-based SK Group will invest about 18 trillion won (US$16.4 billion) over the next five years to create a domestic hydrogen ecosystem—production, distribution, and consumption—through creation of domestic hydrogen infrastructure and also through partnerships with global companies. In the first…
Honda, KTM, Piaggio, And Yamaha To Form Consortium For Swappable Batteries
With the growing environmental concerns around the world fast pushing the need to switch to electric mobility, automakers are seen coming together to collaborate and accelerate this transition. In the latest development, leading global two-wheeler manufacturers including Japan’s Honda Motor…
Omega Seiki To Set Up Electric Vehicle Production Plant In Bangladesh
Omega Seiki Pvt Ltd, the Electric vehicles manufacturing company of Anglian Omega Group is setting up an Electric vehicle manufacturing facility near Dhaka in Bangladesh, with an investment of ₹100 crores. This will be the first project of any Indian…
SK Group Presents Long-Term Hydrogen Roadmap
The South Korean SK Group, which recently acquired almost ten per cent of the shares in the US fuel cell specialist Plug Power, presented a long-term, multi-billion-dollar plan to enter the hydrogen economy even more comprehensively. In early January, Plug…
Singapore To Install 60,000 Charge Points By 2030
One year after announcing to expand electric vehicle charging infrastructure massively, Singapore more than doubles its claim. The government of the city-state now wants to install 60,000 charge points by 2030 and has more measures in place. The new target…
Hyundai Proposes Electric Vehicle Battery Leasing Plan To Lower Cost Of EVs
South Korean automotive giant Hyundai is to create an electric vehicle (EV) battery leasing business with the aim of reducing the initial cost of buying an EV as well as providing services that enable eco-friendly re-use of the batteries beyond…
Government, Hyundai, LG Join Hands To Reuse Dead Batteries
Amid a heightening blame game over the cause of Kona Electric Vehicle fires, South Korean Prime Minister Chung Sye-kyun, Hyundai Motor Group Chairman Chung Euisun and LG Energy Solution President Kim Jong-hyun on Thursday gathered at the automaker’s research and…
Nissan Field Testing New Mobility Services As Part Of Building Sustainable Future Community In Japan
Nissan began a field test of new mobility services as part of a partnership to promote future community building in Japan. The partnership agreement between three local governments and eight companies aims to develop new modes of transportation, and to…
Mazda First OEM To Join The eFuel Alliance
Mazda announced that it has become the first automotive manufacturer to join the eFuel Alliance. The Alliance brings together organisations and interested parties that support the goal of establishing and promoting CO2-neutral e-fuels and hydrogen as a credible and real…
Australia Won’t Subsidise Electric Vehicles, Instead Invest In EV Recharging And Commercial Fleets
Australia expects one in four cars sold will be electric vehicles by 2030, but the government said it will not provide subsidies to spur faster growth of cleaner cars as it looks to cut carbon emissions. Instead, the conservative government…
