Hyundai Motor Group will construct a liquefied natural gas (LNG) cogeneration facility inside its automotive manufacturing plant in Ulsan to secure a stable power supply while reducing energy consumption and greenhouse gas emissions. According to the carmaker on Monday, it plans to digest over 70 percent of annual electricity used …
Read More »
Hyundai Motor Group said on Wednesday it will collaborate with Saudi Aramco and a Saudi Arabian university to jointly develop an environment-friendly fuel and engine for vehicles. Hyundai, Aramco, and King Abdullah University of Science and Technology (KAUST) plan to develop an advanced fuel for ultra-lean burn, spark-ignition engines to …
Read More »
Hyundai will seek to “popularise hydrogen” by 2040 with a raft of initiatives aimed at positing the fuel as an alternative to all-out battery electrification, and not just in the private vehicle sector. Following on from yesterday’s wide-reaching commitment to making its vehicle fleet all-electric in Europe in 2035, and …
Read More »
The Biden administration is proposing an array of policy measures to encourage the sale of electric cars in the US — provided they are built in the US by American workers. GM has responded to the administration’s plans by announcing it will spend $1 billion to expand its factory in …
Read More »
Hyundai Heavy Industries Holdings Co. (HHIH) said Wednesday that it has signed a deal with Saudi Arabia’s state-run oil firm Saudi Aramco to cooperate on a hydrogen project. Under the deal, Hyundai Oilbank Co., HHIH’s refining unit, will import liquefied petroleum gas (LPG) from Saudi Aramco to produce blue hydrogen, …
Read More »
Global electric vehicle sales grew by 43% during 2020, and in some markets such as Norway or the Netherlands sales outnumber petrol and diesel cars. In Europe overall, electric sales during 2020 exceeded half a million units, while in the United States, the new Biden administration is considering incentives to …
Read More »
The supply for the European market can soon grow to 80.000 vehicles per year.
Read More »
Novatek has now requested exemption from having to contract with a domestic shipyard.
Read More »
They have signed a contract for investment in Arrival and for the joint development of electric vehicles.
Read More »
The vessel will be the first LNG ship to be added to the firm’s fleet of 30 ocean-going tankers.
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel