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Honda at the end of last week began operation of a stationary fuel cell power station on its corporate campus in Torrance, California. This is the company’s first step toward future commercialization of zero-emission backup power generation.
The power station uses Honda’s hydrogen fuel cell technology know-how and contributes to the company’s global goal to achieve carbon neutrality for all products and corporate activities by 2050. In the coming years, Honda will begin applying a next-generation stationary fuel cell system to Honda manufacturing facilities and data centers globally, thereby reducing the company’s greenhouse gas emissions. Continue reading
February 2023 Western EU Passenger Vehicle Sales Up 11%
The Western Europe passenger vehicle selling rate climbed from 10.7 million units/year in January to 11.7 million units/year in February 2023, with improved sales in Germany and the UK. The monthly registrations of ~800,000 units resulted in a year‐on‐year (YoY) growth of 11.3%, according to the latest data just released by the LMC Automotive consultancy*. (autoinformed.com on: Recession? US Consumer Auto Spending at Record Levels; January 2023 Western EU Passenger Vehicles Sales Plunge)
However, LMC hedged by saying that 2022 is a weak base for comparison. “In YoY terms, the market was up 2.8%, though the same period last year was particularly weak” Continue reading →