December 14th, 2023 | 07:00 CET
dynaCERT, Volkswagen, Mercedes-Benz - Renewable energies in focus, feasibility and speed are key
This year's international climate conference, "COP28", is coming to an end with a strong statement. For the first time, the participating nations have committed themselves in writing to developing their energy resources away from fossil fuels and towards renewable energies. Host country Dubai, under the patronage of Sultan Al Jaber, achieved consensus among all participating countries. According to the agreement, countries are called upon to contribute to a global transition rather than being directly forced to implement this change independently. A company like dynaCERT, which has been campaigning for years for a CO₂-reducing hybrid solution to power diesel trucks in the logistics sector, could be on the verge of a breakthrough. The Company has already raised CAD 2.0 million in gross proceeds from an ongoing private placement, which it will now use to expand its technology. Meanwhile, Volkswagen plans to hire around 3,000 engineers in China to keep pace in the EV market. Mercedes-Benz, meanwhile, is expanding its offering in Dubai with an unusual move to maximize profits...
time to read: 5 minutes
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Author:
Juliane Zielonka
ISIN:
DYNACERT INC. | CA26780A1084 , VOLKSWAGEN AG VZO O.N. | DE0007664039 , MERCEDES-BENZ GROUP AG | DE0007100000
Table of contents:
"[...] We are committed to stay as the number one Canadian and global leader in the Hydrogen-On-Demand diesel technology [...]" Jim Payne, CEO, dynaCERT Inc.
Author
Juliane Zielonka
Born in Bielefeld, she studied German, English and psychology. The emergence of the Internet in the early '90s led her from university to training in graphic design and marketing communications. After years of agency work in corporate branding, she switched to publishing and learned her editorial craft at Hubert Burda Media.
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CO₂ reduction without power loss: dynaCERT's HydraGEN™ technology conquers the Paris-Dakar Rally 2024
dynaCERT Inc. has successfully closed the first tranche of its non-brokered private placement. In this phase, 19.33 million units were issued at a price of CAD 0.15 per unit, raising gross proceeds of CAD 2.9 million to date. The current placement proceeds will fund the global sale of HydraGEN™ Technology products to companies in mining, oil & gas, transportation and generators. They will also be used for working capital, debt repayment, general corporate purposes, an equity investment in Cipher Neutron Inc., and the settlement of advisory fees, including Canaccord Genuity Corp. dynaCERT is in full commercialization mode.
dynaCERT produces switchable HydraGEN™ technology for logistics companies that want to reduce CO₂ emissions without sacrificing performance or incurring additional costs. HydraGEN™ is a portable, safe and reliable retrofit solution that produces hydrogen and oxygen on demand. It is designed for use in road vehicles with Class 6 to 8 engines. By introducing hydrogen and oxygen into the diesel engine, CO₂ emissions are further reduced. The increased torque output leads to better combustion power and improved engine performance. The service life of the engine oil is extended by maximizing the combustion process.
CEO Jim Payne even has a truck equipped with his technology, competing in the world-famous Paris-Dakar Rally in 2024. greencarcongress.com/2023/11/20231127-dynacert.html dynaCERT and Holeshot Competitions form a dynamic team for the Dakar Classic Rally 2024! Their upgraded MAN Dakar Classic Rally truck #915 with the HydraGEN™ HG1 unit is already showing impressive results: up to 19.2% fuel savings and 60% less Diesel Exhaust Fluid (DEF). dynaCERT's pioneering HydraGEN™ technology sets new standards in environmental friendliness at the Dakar Classic Rally by significantly reducing emissions. A promising step towards an emission-free future!
Volkswagen in electric countdown: 3,000 engineers committed to electric car design in China
To counter China's growing influence in the electric vehicle market, Volkswagen has reportedly begun hiring a team of nearly 3,000 Chinese engineers to design electric vehicles at VW's industrial complex in Hefei, China, according to the New York Times. For decades, Volkswagen had used German engineers to design cars for the Chinese market.
CEO Oliver Blume is drawing consequences from Germany's disastrous energy policy and is moving to where expertise in electromobility and ample resources are available. Within the Group, VW brand boss Thomas Schäfer speaks of "a roof that is on fire" and of VW structures that have led to the brand being regarded as "not competitive".
The new strategy, dubbed "In China, for China" by Volkswagen, is another sign of how China's dominant position in electric vehicles is turning the global car industry on its head. Chinese car brands are increasingly being spotted in Germany and across Europe, worrying politicians about potential job losses. In its usual reflex manner, the EU is reacting first and foremost with bans instead of investigating why consumers prefer cars from the land of the red dragon. Note: Price, performance, efficiency.
VW's goal is to keep up with the speed and efficiency of Chinese electric car manufacturers, who are rapidly gaining market share in China. This has led to a drastic decline in sales of the German carmaker's gasoline-powered vehicles in China. Meanwhile, job cuts continue in Germany. Investors are witnessing a restructuring at breakneck speed, which will undoubtedly take some time to complete.
Prestigious architecture: Mercedes-Benz relies on construction projects in the United Arab Emirates to strengthen the brand
The United Arab Emirates is getting a new star in the real estate sky. In Dubai, the skyline will soon be extended by the 'Mercedes-Benz Places' building, a 341 m high, 65-storey residential skyscraper designed by Mercedes-Benz - the brand's first real estate project. In cooperation with the renowned Emirati developer Binghatti, this residential complex is being built in the heart of Dubai, close to famous landmarks such as the Burj Khalifa.
Britta Seeger, Member of the Board of Management of Mercedes-Benz Group AG, Marketing & Sales, said: "*With Mercedes-Benz Places in Dubai, we are going beyond the automotive industry to create outstanding brand moments. With their many years of real estate development experience, Binghatti is our ideal partner. *Our goal with our first brand-owned, real estate-focused residential tower is to create new, desirable places to go that inherit the DNA of our brand and provide our customers with a place to arrive, relax and feel at home."**
The partnership between Binghatti and Mercedes-Benz on the first real estate-related brand project, Mercedes-Benz Places in Dubai, will become a symbol of excellence, innovation and timeless luxury living. The collaboration will commence with a launch event in Dubai on January 24, 2024, where further project details will be announced.
A strong brand can create significant brand value, positively impacting the company's financial position. A few months ago, Mercedes-Benz announced its intention to expand its luxury segment further. German dealers consider this brand and sales strategy to be complicated. However, global players who look far beyond their local horizons will recognize that the money for expensive cars is in the UAE and Saudi Arabia. Investors can look forward to seeing how the construction of the luxury tower will affect the brand and the Company's overall profitability.
dynaCERT, pioneer of CO₂-reducing hybrid solutions for diesel trucks, has already raised CAD 2.9 million through a successful private placement for the expansion of its market-ready HydraGEN™ technology. The Company is thus expanding its technology into the mining, oil & gas, transportation and generator industries - supported by the global transition to renewable energy. Volkswagen is responding to international pressure by hiring 3,000 engineers in China to develop competitive electric cars to avoid falling behind. The "In China, for China" strategy shows how quickly and decisively VW is responding to market demands. The pressure on the German sites and the restructuring under the banner of electromobility requires swift action. Mercedes-Benz is focusing on construction projects in the UAE to strengthen brand awareness. The innovative "Mercedes-Benz Places" building in Dubai shows how a global player is investing in prestigious real estate to enhance brand image while capitalizing on lucrative markets. Overall, these developments show investors that companies that integrate renewable energies into their business models and react flexibly to market requirements are shaping the future. Investors should decide which companies have mastered this the most.
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