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Title: Gevo closes $68M Green Bond to finance RNG project

Gevo, Inc. has closed a $68,155,000 “Green Bond” private activity bonds offering to finance the construction of its renewable natural gas (RNG) project in Northwest Iowa. The RNG Project will generate RNG captured from dairy cow manure. The feedstock for the RNG Project will be supplied by three dairy farms...

Title: Continental unveils sixth generation of long-range radar and surround radar

Continental has been manufacturing radar sensors for more than 20 years. In that time, the technology company has launched a total of more than 100 million radar sensors on the market worldwide. Continental is now unveiling its sixth generation of long-range radar and surround radar. Production is scheduled to start...

Title: Porsche adopts new production process using patches, not plugs; Taycan EV first

Porsche AG has developed a new production process at its headquarters in Zuffenhausen in collaboration with Tesa SE. Using this process, the holes in the car body, which are necessary for corrosion prevention, can now be sealed much more effectively; these holes are required so that all of the body...

Title: Dürr delivers one of biggest paint shops in China to SAIC Volkswagen; AI and big data

Despite all the restrictions caused by the coronavirus pandemic, Dürr has handed over one of the biggest paint shops in China to SAIC Volkswagen (SVW) on schedule. The new plant in Anting boasts a production capacity twice that of a standard paint shop at 120 bodies per hour, and behind...

Title: Motor and controller company Aeristech closes $7M private placement; SAIC participation

UK-based Aeristech, a developer of high-speed electric motor and controller technology (earlier post), closed a £5.15-million (US$7-million) private funding round led by investors Sabien Technology, Vela Technologies and SAIC Venture Capital, the venture capital arm of China-based automaker SAIC Motor. The funding round will supercharge the company’s investment in its...

Title: Ford to offer BlueCruise hands-free highway driving technology later this year via OTA to select F-150, Mach-E models

Via over-the-air (OTA) software updates, Ford will offer its BlueCruise hands-free highway driving technology later this year on 2021 F-150 and 2021 Mustang Mach-E models equipped with the available Ford Co-Pilot360 Active 2.0 Prep Package. Over-the-air software updates allow owners of select Ford vehicles to update software from the convenience...

Title: Strategy Analytics: Overall UX of BEVs does not match price point

A new report from the Strategy Analytics In-Vehicle UX (IVX) service, “Consumer Interest in EVs: Lingering Concerns Meet a COVID Bump,” surveyed car owners across the US, UK, and China regarding their interest in and concerns with BEV ownership. While interest in BEV and hybrid ownership is relatively strong in...

Title: Audi presents Q4 e-tron and Q4 Sportback e-tron

Audi presented the Audi Q4 e-tron (earlier post) and the Audi Q4 Sportback e-tron. These all-electric models represent the brand’s entry into premium e-mobility in the compact segment. Depending on the motor version, they achieve ranges of up to 520 kilometers (323.1 mi) (WLTP), and the top versions come with...

Title: In Europe, industry and environmentalists call for binding targets for infrastructure for zero-emission trucks

Truck makers and environmentalists have joined forces to push for the deployment of 11,000 charging points for electric trucks across the EU by 2025, rising to 42,000 by 2030. The European Automobile Manufacturers’ Association (ACEA) and Transport & Environment (T&E) made this call to the European Commission in a joint...

Title: California EV rebate demand exceeds CVRP funding; rebates have gone to nearly 65% of all California EV owners

In response to strong demand for electric vehicles, the California Air Resources Board (CARB) expects rebate funds for the statewide Clean Vehicle Rebate Project (CVRP) to be exhausted within 30 days. Electric vehicles (EVs) account for nearly 8% of all light-duty vehicles sold in California. More than 145,000 EVs were...