Gaussin Manugistique has announced an exclusive partnership for 20 years with Nexport Zero Emission Transport to locally assemble and supply zero-emission vehicles in Australia and New Zealand.
The joint venture will see an investment of € 10 million (US$ 1.7 million) to locally assemble Gaussin vehicles to accelerate the transition towards zero-emissions operations in Australia and New Zealand. The partnership will strengthen Nexport’s capability and uniquely positions Nexport to procure, assemble and supply a range of zero-emission vehicles.
In a separate development, UPC Hydrogen Pte Ltd has acquired the exclusive license from Proton Technologies Inc. to produce hydrogen in Indonesia, Vietnam, Australia, Malaysia, the Philippines, Mongolia and Myanmar. UPC Hydrogen is a private company and an affiliate of Renewables Asia Pacific Holdings Pte Ltd with 8 GW of wind, solar and storage in development, under construction or operation across the Asia Pacific region.
UPC Hydrogen expects to produce hydrogen at a price of less than US$ 1/KG from new, plugged, abandoned or uneconomic oil wells (especially heavy oil wells) whilst keeping any carbon from being emitted from the wells. The technology can provide low-cost carbon-free power in areas that are less rich in natural renewable sources than most countries with a severe shortage of suitable land due to competing uses.