@BMW: Ad-hoc announcement: Partial release of the provision with respect to EU antitrust proceedings001140

Munich. Based on the progress of the proceedings, BMW AG expects, compared with the statement of objections of 5 April 2019, that the EU Commission will significantly reduce its allegations against BMW AG in terms of content and duration. The subject matter of the proceedings is whether German automobile manufacturers cooperated in technical working groups… Continue reading @BMW: Ad-hoc announcement: Partial release of the provision with respect to EU antitrust proceedings001140

@Ford: Ford Commits to Manufacturing Batteries, to Form New Joint Venture with SK Innovation to Scale NA Battery Deliveries  

DEARBORN, Mich.–(BUSINESS WIRE)–Ford and SK Innovation announced today they have signed an MoU to create a joint venture – to be called BlueOvalSK – to produce approximately 60 GWh annually in traction battery cells and array modules, starting mid-decade, with potential to expand. “This MoU is just the start; it’s a key part of our… Continue reading @Ford: Ford Commits to Manufacturing Batteries, to Form New Joint Venture with SK Innovation to Scale NA Battery Deliveries  

@Daimler: Daimler Truck AG and Shell target accelerated rollout

Hamburg / Stuttgart, Germany – Daimler Truck AG and Shell New Energies NL B.V. (“Shell”) have signed an agreement to jointly drive the adoption of hydrogen-based fuel-cell trucks in Europe. The companies plan to support the decarbonisation of road freight by building-out hydrogen-refuelling infrastructure and placing fuel-cell trucks in customers’ hands.  Shell intends to initially… Continue reading @Daimler: Daimler Truck AG and Shell target accelerated rollout