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Arizona company invests in Vigo County clean hydrogen project

Arizona company invests in Vigo County clean hydrogen project
wishtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wishtv.com Daily Mail and Mail on Sunday newspapers.

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SPAC Crackdown Threatens Gauzy Forecasts That Power EV Startups - Governors' Wind Energy Coalition

Governors Wind Energy Coalition
SPAC Crackdown Threatens Gauzy Forecasts That Power EV Startups
Source: By Crystal Kim, Bloomberg • Posted: Tuesday, May 4, 2021
The marriage between SPACs and clean-tech vehicle startups is on the rocks as regulators push for detail on the one thing most of them lack: a solid business.
Stocks of electric-mobility firms like Nikola Corp., Lordstown Motors Corp. and Romeo Power Inc. that went public by merging with special-purpose acquisition companies are down at least 69% from dizzying peaks, as investors question whether their visions for a greener future are divorced from reality.
For months, the SEC has raised concern that investors aren’t fully informed of risks embedded in SPACs, also known as “blank-check” companies. The agency warned in early April that the safe-harbor provision which allows sponsors, targets and others to make business projections protects participants only from private ....

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GM partnership will put more electric long-haul trucks on American roads

GM partnership will put more electric long-haul trucks on American roads
General Motors is joining the likes of other automakers such as Toyota in developing hydrogen fuel cell technology for long-haul trucking.
GM is partnering with Navistar Inc. and hydrogen provider OneH2 to develop a complete zero-emissions long-haul truck system across the United States.
The trucks will be powered by hydrogen rather than batteries, thereby eliminating the need for charging stations on long truck routes. Instead, this new system will offer hydrogen refilling stations across the nation. OneH2 will supply the hydrogen production, storage, delivery and safety.
Hydrogen fuel cells offer great promise for heavy duty trucks in applications requiring a higher density of energy, fast refueling and additional range, said Navistar CEO Persio Lisboa. ....

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Nikola electric garbage truck deal with Republic Services turns to trash

Nikola electric garbage truck deal with Republic Services turns to trash
The embattled zero-emissions commercial truck startup takes another big hit at year s end.
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Nikola had planned to produce this sleek-looking electric chassis for use in garbage and recycling trucks.
Nikola
Nikola is closing out a rough 2020 with news that another of its planned vehicles won t see the light of day. The startup zero-emissions vehicle manufacturer had previously announced a deal working with refuse giant Republic Services to build a battery-powered garbage truck, but that EV collaboration is no more.
According to a statement released by Nikola on Wednesday, After considerable collaboration and review, both companies determined that the combination of the various new technologies and design concepts would result in longer than expected developm ....

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