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Tag Archives: Deals

Indian Companies Form Alliance for Electric Car (Business Standard)

The research & development teams of Maruti Suzuki, Tata Motors and Mahindra & Mahindra have made an alliance and are seeking one another’s expertise in areas like motor, transmission and other components to develop solutions and parts for an electric-hybrid vehicle. The tripartite alliance, which is open-ended and technical in …

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OmniSteer Project to Increase Automobiles’ Urban Manoeuvrability Begins with a € 3.4 Million Budget

Read the full press release below: Automobiles increase the mobility of their users. However, their maneuverability is pushed to the limit by cramped inner city conditions. Those who need to park their vehicles frequently, such as delivery services and mobile care providers, lose a lot of working time searching for …

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Connected Energy and Renault to Collaborate on Energy Storage and EV Charging Technology

Read the full press release below: Renault and Connected Energy are partnering to develop sustainable and efficient ways of using electric vehicle batteries at the end of their useable in-vehicle life in order to supply innovative and more affordable vehicle charging solutions. At the end of their useful in-vehicle life, …

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UQM Technologies Fulfills Initial Shipment to Its Chinese Customer ITL

Read the full press release below: LONGMONT, Colo.–(BUSINESS WIRE)–UQM Technologies Inc. (NYSE MKT: UQM) today announced that is has shipped the initial order to its Chinese customer ITL Efficiency Corporation (“ITL”), a subsidiary of Eastlake New Energy (“Eastlake”). The initial PowerPhase Pro® 135 electric drive systems are for the test …

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Major Drone Manufacturer Snaps Up Intelligent Energy’s Game-Changer for Drone Range

Read the full press release below: LOUGHBOROUGH, England–(BUSINESS WIRE)–CES showstopper Intelligent Energy has signed a Letter of Intent (LOI) with a major drone manufacturer to develop hydrogen fuel cell powered drones. The deal will see the two companies work together in the first quarter of 2016 to develop technological solutions …

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SpaceX Choose Aecom as Construction Firm to Bring Elon Musk’s Hyperloop to Life (Verge)

Elon Musk’s SpaceX has selected Aecom, one of the world’s largest construction and design firms, to build its Hyperloop test track later this year, the company announced Tuesday. “Aecom has designed and built some of the world’s most impressive transportation systems, so we appreciate how the development of a functioning …

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New Cooling Technology ‘Shrinks Motor Sizes by 75%’ (Drives & Controls)

Two US companies have announced plans to produce electric motors with a novel cooling technology that results in them being 75% smaller, and much lighter, than conventional motors with a similar power rating. They say that the motors, aimed principally at automotive applications, will deliver the power and torque to …

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Kandi JV Company Enters Into Strategic Partnership With Pang Da

Read the full press release below: JINHUA, China, Jan. 26, 2016 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company” or “Kandi”) (NASDAQ:KNDI), today announced that Kandi Electric Vehicles Group Co., Ltd. (the “JV Company”, a 50/50 Joint Venture between Kandi and Geely Automobile Holdings Ltd.) has signed a Strategic …

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