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Toyota to Invest $5.6B in EV Battery Manufacturing while Eyeing Hydrogen Fuel Cell Market
Toyota plans to invest $5.6 billion in new electric vehicle battery manufacturing plants in the United States and Japan in an effort to keep up with other automotive giants, reports CNN Business. However, unlike others in the EV race, Toyota continues to explore EVs powered by hydrogen fuel cells rather than rechargeable batteries, a risky move that…
Nuclear, Hydrogen Companies Form New Coalition
The Nuclear Hydrogen Initiative, a 40-member coalition of nuclear energy and hydrogen energy companies, will collaborate to develop hydrogen energy production powered by nuclear facilities, reports E&E News.  “This is an opportunity to bring together these two industries that have the potential to catalyze decarbonization at the scale and the speed this really needs to have,”…
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