The Korea Innovation Foundation, currently operating the 2024 Global Technology Commercialization Support Program (North America), has chosen three energy companies – BK Energy, BA Energy, and VINATech are chosen for the support program. This initiative selects “innovative” technology companies in the fields of construction, energy, IT and equipment,…

General Motors (GM) has reached a non-binding agreement to sell its stake in the nearly completed Ultium Cells LLC battery cell plant in Lansing, Michigan to its joint venture partner LG Energy Solution. The transaction is expected to close in the 2025 first quarter, subject to customary closing conditions, GM said.  GM said it expects to…

EVgo announced its financial results for the third quarter ending Sept. 30. Revenue for the third quarter of 2024 reached $67.5 million, compared to $35.1 million in the third quarter of 2023, representing 92% year-over-year growth. Revenue growth was driven by year-over-year increases in charging network and “eXtend” revenues, EVgo said. …

Mohawk Lifts has introduced a new lifting table: the SLT-2500. This new lifting table is capable of lifting up to 2,500 lbs, compared to the company’s previous table’s lifting capacity of 2,000 lb. Mohawk Lifts’ SLT-2500 lifting table is engineered to accommodate transmissions or differential repairs and auto EV battery service. The post Mohawk Lifts…

Published: November 16, 2024 Hydrogen has extensive applications in many sectors. However, its safe and widespread use necessitates reliable sensing methods, according to researchers at Chiba University, Japan. While tunable diode laser absorption spectroscopy (TDLAS) is an effective gas sensing method, researchers said detecting hydrogen using TDLAS is difficult due to its weak light…

Mahle says that to decarbonize the transportation sector, heavy commercial vehicles and non-road mobile machinery (NRMM) are also increasingly coming t o the fore. Vehicle manufacturers, suppliers, and science, as well as small and medium-sized companies, including DEUTZ, KIT, The German Aerospace Center (DLR), Purem, Claas, Braunschweig University of Technology, Liebherr, Nagel, Umicore, NGK and…

Penske Truck Leasing said it is implementing a solar-powered initiative to enhance efficiency, reduce energy costs, and cut emissions at select locations in the U.S. The company is installing its first rooftop solar-powered systems at certain truck leasing, truck rental, and truck maintenance facilities. The new facility in Channahon, Illinois, is now operational and largely…

The Auto Care Association (ACA) and MEMA Aftermarket Suppliers have released the 2024 Joint EV Trends and Outlook Forecast. The report, unveiled at AAPEX, provides analysis and forecasts to support the industry’s adaptation to the shift toward electrification. ACA and MEMA said research and analysis were contributed by PwC Strategy&, offering a view of factors…

As President-elect Donald Trump returns to the White House, S&P Global Ratings Economics offered its views on the potential economic implications. Forecasting remains challenging amid significant uncertainty about the timing, magnitude, and interactions of proposed tariffs, immigration reforms, tax cuts, and regulatory shifts, S&P said. Changes to U.S. macroeconomic forecasts will be firmed up over…

Hyzon has announced a purchase agreement for 12 hydrogen-powered refuse Fuel Cell Electric Vehicles (FCEVs) with GreenWaste. The agreement is contingent upon Hyzon meeting specific commercial terms and specifications. “We are proud to partner with sustainability leader GreenWaste in this agreement, as it represents a significant leap…