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Hyundai Motor Group said Monday it ranked third globally in car sales in the first half of this year -- a first feat for the nation’s largest carmaker. According to its sales data, Hyundai Motor Co., its luxury Genesis brand, and its smaller affiliate Kia Corp. sold a total of 3.299 million vehicles in global markets in the January-June period. The sales figure is the third largest following Toyota Motor Group’s 5.138 million units and Volkswagen Group’s 4.006 million units. Hyundai’s ranking jumped from No. 5 a year ago, outpacing Renault-Nissan-Mitsubishi Alliance and Stellantis Group which sold 3.14 million units and 3.019 million units in the first half, respectively. While its global rivals were hit hard by chip shortages, Hyundai is said to have pulled through the crisis as it was able to secure enough chip supplies.  Adding to that, the robust sales of its luxury Genesis cars and new electric vehicle launches also helped drive overall sales. Genesis sold a total of 25,668 units

BMW will start mass-producing and selling fuel cell vehicles developed jointly with Toyota Motor as early as 2025, sales chief Pieter Nota told Nikkei, outlining the German automaker's push into greener cars amid increasingly strict environmental regulations in Europe. BMW unveiled the fuel cell iX5 Hydrogen concept car at the International Motor Show Germany in September 2021. Small-scale production of the sport utility vehicle will begin before the end of 2022, the company had previously announced. FCVs can be refueled in three to four minutes -- much faster than a battery electric vehicle. Though BMW has not revealed the iX5's range, the model is equipped with two roughly 6-kilogram tanks to allow for long-distance travel. "We see that hydrogen fuel cell technology is particularly relevant for larger SUVs," Nota said. The iX5 is based on BMW's X5 SUV. BMW and Toyota have also jointly developed sports cars since partnering in 2013, released as the BMW Z4 and the

  This report has covered the following topics  An overview landscape of the market,  Swot analysis,  Latest technological advancements,  Certification,  Merger & Acquisition  Investment structure,  costing and certification,  Major players share,  Global NGVs market,  Type 4 cylinder market in India and the rest of the world,  The durability of the Type 4 cylinder Project cost to set up a manufacturing line,  Economic efficiency & safety,  The business scope of the Hydrogen cylinder market,  The Future Trends  Interested companies do write to me by email at rosaram211@gmail.com to get more information on the pricing. Thanks.

The manufacturer will start construction on the second European factory in Debrecen this year China’s CATL will build a €7.3bn battery plant in Hungary, increasing its foothold in Europe and cementing its status as the world’s largest car battery manufacturer. Construction on the factory in the eastern city of Debrecen will start later in 2022, CATL said on Friday. It has a planned capacity of 100GWh a year, which would make it the largest “gigafactory” in Europe. CATL, which supplies batteries to Tesla and Volkswagen among others, did not specify when that target would be reached, but a company filing posted on the Shenzhen Stock Exchange showed that it expected to complete the Hungary factory within five-and-a-half years. Supplies from the 221-hectare site — CATL’s second in Europe — will be delivered to European carmakers, almost all of which have existing supply deals with the company. Mercedes will initially be the largest single customer. “The greenfield project in Hungary will b

  India’s first indigenously built hydrogen-fueled  #electricvessel  is planned to be delivered by 2023 Madhu S Nair, Chairman and Managing Director of Cochin Shipyard Limited Indian Ministry of Ports, Shipping, and Waterways announced the innovative project, kick-starting  #India’s efforts towards green shipping. The ship in question will be a hydrogen-powered  #fuelcell  passenger ferry Cochin Shipyard the largest  #shipbuilding  and maintenance facility in India has teamed up with Indian partners such as Pune-based KPIT Technologies developers in the area of hydrogen fuel cells  #powertrain  and the Indian Register of Shipping for developing rules and regulations for such vessels. “The construction of India’s first indigenous hydrogen-fueled  #electricvessel  is a pilot project. We have completed the engineering and the construction will also start very soon as we are going to order the equipment required,” according to Nair. Fuel cells operating on hydrogen fuel are an efficient,

  Phillips 66 and H2 Energy Europe have together announced that they have entered into a 50-50 joint venture for the establishment and operation of a network of hydrogen refueling stations. The joint venture is called JET H2 Energy Austria GmbH. It exists between subsidiaries Phillips 66 Limited and H2 Energy Europe SA. It will bring together the retail expertise of Phillips 66 with the hydrogen expertise at H2 Energy. Combined, they have the opportunity for a solid position for the zero-emission fuel in the European market. The new joint venture company intends to construct around 250 hydrogen refueling stations by 2026. “We will make hydrogen a leading energy solution for emission-free mobility,” said JET H2 Energy CEO Olaf Borbor. “We will align stakeholders’ interests along the hydrogen value chain and create a sustainable hydrogen ecosystem.” The network of JET H2 Energy hydrogen refueling stations will serve heavy- and light-duty vehicles. H2-powered passenger vehicles will also

  The research team will work with a modified Boeing 737 aircraft to test new ammonia-fueled jet engines. Most of the aviation industry’s efforts to seek out alternatives to fossil fuels have focused on the viability of electric engines, hydrogen power, and Sustainable Aviation Fuel. Now, a new study will explore yet another potential alternative: ammonia. The University of Central Florida announced this week that it would begin testing ammonia as a potential fuel solution for aircraft. The program is backed by a five-year grant from NASA worth $10 million, and it hopes to determine whether ammonia represents a realistic fuel option for commercial airliners. The team will be led by faculty from the university and experts from Georgia Tech and Purdue. In addition, companies within the aviation sector, such as Boeing, Southwest Research Institute, and the Greater Orlando Aviation Authority, have also been tapped to join the program. Researchers hope to find ways to use ammonia as the mai