After 70 years in the industry, Safra, a renowned hydrogen bus manufacturer, has been placed into receivership.
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The company’s $1.66 billion Department of Energy (DOE) loan guarantee will fund the construction of up to six hydrogen production facilities, starting with a plant in Graham, Texas. This facility, powered by wind energy, is expected to produce 45 tons of hydrogen per day, eliminating 175,000 tons of CO2 annually—equivalent to taking 38,000 cars off the road. Marsh projects a seven-to-eight-year payback period, with the plant generating cash flow for up to 50 years.
Airbus has recalibrated its timeline for the introduction of a hydrogen-powered commercial aircraft, initially aimed for launch by 2035. This…
Amid a backdrop of ambitious transportation innovation, the administration of Aeristech raises significant concerns for the future of London’s transition to hydrogen buses.
Toyota Motor Corporation is making headlines with its decision to establish a wholly owned company in Shanghai.
Germany’s ambition to become a climate-neutral utopia has faced another setback. Hydrogen trains, meant to replace diesel trains, have been unreliable.
Pohang City, located in South Korea, is actively working to innovate its transportation sector by expanding the use of hydrogen fuel cell vehicles.
Europe’s investment in a hydrogen-capable infrastructure network, from pipelines to power plants, is gaining momentum. With 12 projects earmarked to convert or expand LNG terminals to import hydrogen derivatives and the proposal of 50,165 kilometers of hydrogen pipelines, this endeavor represents a significant energy transition.
Hydrogen Vehicle Systems (HVS), a Glasgow-based innovator in hydrogen-powered commercial vehicles, has secured its first international investment from Qatar’s Excelledia Ventures Group.
In 2024, Tesla reported a staggering $2.8 billion in revenue from trading regulatory carbon credits, underscoring the company’s unique position…
