Sweden

On May 2, Terranet announced that it is now fully focused on the integration of the BlincVision driver support system in vehicles. Part of the integration work involves evaluating sensor placements, adapting communication interfaces to vehicles, and optimizing the system for use in a moving environment. The tests also aim to ensure seamless, compatible, and reliable communication between BlincVision and the existing systems in the vehicle.

The ground-breaking use of the selected sensor type enables considerably faster identification of fellow road users, such as pedestrians and cyclists, in a vehicle environment, compared to existing systems. The tests aim to evaluate the system's performance and reliability in a dynamic traffic environment.

Based on Terranet press release 

On May 1, Linde signed a long-term agreement with H2 Green Steel for the supply of industrial gases to the world’s first large-scale green steel production plant. Linde will invest approximately USD 150 million to build, own, and operate an on-site air separation unit (ASU) in Boden, northern Sweden.

Linde will supply oxygen, nitrogen, and argon to H2 Green Steel’s integrated plant, which will use the latest technology to reduce carbon emissions by up to 95% compared to traditional steelmaking. Linde’s new ASU is expected to start up by 2026.

Linde Engineering has been awarded an engineering and procurement contract for a HIPURE pressure swing adsorption unit at H2 Green Steel’s plant in Boden, to efficiently recover and purify hydrogen from the top gas of the direct reduction iron furnace. 

Based on Linde press release 

On April 30, Volvo Cars issued its fourth green bond and raised EUR 500 million from global investors. The initiative further supports the company’s aim to have 100% of its outstanding debt linked to the Green Financing Framework. The bond is issued under Volvo Cars’ Euro Medium Term Note program matures in May 2030.

The money raised from the bonds will support Volvo Cars in its electrification ambitions and the pursuit of achieving net-zero greenhouse gas emissions by 2040, including research and development in electric car platform technologies, and powertrains, as well as investment in the manufacturing process for electric cars.

Based on Volvo Cars press release