Jump to content

  • Welcome to Auto Parts Forum

    Whether you are a veteran automotive parts guru or just someone looking for some quick auto parts advice, register today and start a new topic in our forum. Registration is free and you can even sign up with social network platforms such as Facebook, X, and LinkedIn. 

     

BMW Receives Funding from the EU Hydrogen Project

shelitaauto

By shelitaauto
in Auto Parts News

 Share

Recommended Posts

shelitaauto Apprentice

shelitaauto

Posted
Posted

URL: 

link hidden, please login to view

Source: Gasgoo

As part of the EU’s 1.4 billion euro ($1.52 billion) state aid package, BMW is the only car manufacturer to receive EU funding for a hydrogen project.

Other companies that have received funding include tire maker Michelin Group and aircraft manufacturing and development company Airbus. The European Commission said on May 28 that the initial funding is expected to unlock an additional 3.3 billion euros in private investment.

The Hy2Move program is the fourth round of funding related to hydrogen energy and focuses on mobility. The hydrogen energy initiative has been declared one of the key projects of common European interest and is expected to play an important role in the EU’s 2050 carbon neutrality goal. Other important projects of common European interest include semiconductors and batteries for electric vehicles.

Details of BMW’s project and the amount of funding will be announced shortly after the scheme receives final approval and restrictions on publication of trade secrets are lifted, the commission said. BMW is one of the few companies to support hydrogen fuel cell technology and has launched a pilot fleet of hydrogen-powered X5 SUVs.

215-1024x336.jpg

Image source: BMW

The iX5 features a hybrid battery/fuel cell drivetrain with a total output of 401 HP (295 kW). Two 700-bar carbon-fiber-reinforced plastic hydrogen storage tanks can hold about 6 kilograms of hydrogen and travel 504 kilometers (303 miles) in WLTP conditions. For now, BMW has yet to commit to mass production of the iX5.

Other automakers backing hydrogen include Toyota, Renault, Hyundai and Honda. Toyota makes the Mirai fuel cell sedan, and Renault says hydrogen can power the internal combustion engine in its Alpine range of sports cars.

The “Hy2Move” project will be co-funded by Estonia, France, Germany, Italy, the Netherlands, Slovakia and Spain.

A total of 11 companies plan to participate in 13 programs. The European Commission says it expects to create 3,300 jobs by 2031.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing

  • Similar Topics

    • Counterman
      Anchor Announces Additional BMW Coverage
      By Counterman
      Anchor Industries announced the release of seven part numbers designed for late model BMW coverage. The new part numbers cover over 1,249,500 applications for model years 2016-2025 and represent “excellent sales opportunities,” according to
      link hidden, please login to view For more details on 
      link hidden, please login to view complete program availability, contact your local sales representative or call Anchor’s customer service department direct at 1-888-444-4616. The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • Counterman
      PHINIA Receives 2024 Supplier Partnership Award from NEXUS Automotive
      By Counterman
      link hidden, please login to view has been awarded the 2024 Supplier Partnership Award by NEXUS Automotive International at the Heavy Duty Aftermarket Week (HDAW) show in Grapevine, Texas. Established three years ago, this award recognizes suppliers that excel in program support, growth acceleration, professionalism, and partnership. Eligible suppliers must meet high standards in cooperation and innovation at both the NEXUS and local distributor levels.
      “We’re pleased to present this award to
      link hidden, please login to view,” said Joe Stephan, vice president of sales and business development for NEXUS North America. “Over the past year, PHINIA has strengthened its aftermarket commercial organization with talented, well-respected professionals and has demonstrated the high standards our members expect from global supplier partners. We look forward to building upon this valued partnership for years to come.” “This recognition is a testament to our team’s hard work and commitment to delivering exceptional experiences for our partners,” said Dave Illes, senior director of aftermarket sales, marketing, and training for PHINIA North America. “We sincerely thank NEXUS for this honor and look forward to further strengthening our partnership.”
      The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • ctplg
      Original used engine,transmission for Toyota,Honda,Mercedes,BMW,Audi
      By ctplg
      Used Auto Body，Engine,  transmission spare parts and accessories available for all branded car







    • ctplg
      Original used engine,transmission for Toyota,Honda,Mercedes,BMW,Audi
      By ctplg
      Used Auto Body，Engine,  transmission spare parts and accessories available for all branded car







    • Counterman
      Sue Godschalk Receives AWDA Lifetime Achievement Award
      By Counterman
      The Aftermarket Warehouse Distributors Association (AWDA), a community of the Auto Care Association, presented its 2024 Lifetime Achievement Award in Honor of Martin Fromm to Sue Godschalk, president of Federated Auto Parts. The award was presented by AWDA Chairperson Ashlee Arnold on Nov. 3 at AWDA’s 2024 Annual Conference in Las Vegas.
      AWDA’s Lifetime Achievement Award recognizes individuals who have, over the course of many years, distinguished themselves through their unselfish commitment to, and high level of performance within, the motor vehicle aftermarket industry. The award is named in honor of former AWDA President Martin Fromm.
      Starting 52 years ago at the bottom and working her way up to the very top of the organization, Godschalk began in the aftermarket in the inventory control department and this year will go on to become CEO of Federated Auto Parts. She has experienced great success in an industry that has been traditionally dominated by men.
      Like many small business leaders, Godschalk wears numerous hats including managing financials, people, meetings, payments, rebates and much more. She’s a consensus builder who listens, contributes, pushes hard for what she believes in and then implements the plan better than nearly anyone else.
      Godschalk leads through servant leadership, collaboration and by putting the time in until the job is done. Like all great leaders, she seeks professionalism over popularity. She doesn’t seek the limelight and accomplishes far more than nearly everyone else, and for years has been able to set new standards working alongside her husband Herb.
      Godschalk had great mentors in Larry Pavey, Rusty Bishop and Art Fisher, as well as all of the Federated membership. Her team has benefited from being around such a highly capable person who is the perfect combination of a productive manager, worker bee, and intelligent team player.
      Great plans can often fail without excellent execution and Godschalk works the plan as well as anyone and deserves credit for all of her successes both personally and professionally. While working long hours, she finds time to support her church as the lector and the secretary of the parish council. She also loves to cook and entertain, and in high school, she was even a starter on her basketball team and the captain of their cheerleading squad.
      The independent aftermarket has a world-class “cheerleader” and an expert “player” in award winner Sue Godschalk.
      The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view

×
×
  • Create New...