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HORIBA to acquire battery and fuel cell company FuelCon

Executives from HORIBA and FuelCon signing the agreement

The acquisition is part of HORIBA’s move into EVs HORIBA Europe has agreed terms for the acquisition of FuelCon AG. FuelCon will become part of HORIBA Automotive Test Systems – a leading supplier in the fields of engine, driveline, brake and emissions test systems. The completion of the transaction is …

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Nissan partners with Brazilian university to study EV batteries

Two of the signatories to the memorandum

Nissan Brazil will supply six Nissan LEAF batteries to the university Nissan Brazil and the Federal University of Santa Catarina (UFSC) have signed a memorandum of intent to test solutions and future applications for used electric vehicle batteries. The event to formalise the agreement was held at the UFSC Photovoltaic Laboratory (Centre …

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Nikola raises US$100 million in August

Hydrogen-electric truck

Hydrogen-electric truck maker Nikola Motor raised US$100 million in August and expects its US$200 million C round to be oversubscribed Nikola Motor CEO Trevor Milton has announced that he anticipates the company’s US$200 million C round will be oversubscribed with more than US$100 million already raised and funded this month. …

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Transfer of VSSC developed Lithium Ion Cell Technology to Industries

Lithium Ion Technology Transfer

ISRO’s Vikram Sarabhai Space Centre (VSSC) received responses from 141 companies for its lithium-ion cell technology Lithium-ion (Li-ion) cell technology is one of the most promising electrochemical energy storage technologies owing to its high voltage, high energy density, long life cycle and high storage characteristics. It finds wide applications in …

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Alternet Systems updates ReVolt Motorcycle programme

The BMW R71 prototype

Alternet Systems is developing an electric version of the classic BMW R71 Alternet Systems has released an online presentation on the company’s ongoing ReVolt Electric Motorcycle pilot programme. In April of this year, Alternet announced the launch of the ReVolt Electric Motorbikes subsidiary as part of the company’s strategic plan to develop, …

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Corvus Energy to provide battery for Navtek’s first all-electric tug

Electrans 13072018 3

Turkish ship designer and builder Navtek Naval Technologies has selected Corvus Energy to provide its Corvus Orca energy storage system (EES) for the world’s first battery-powered, all-electric tugboat Corvus Energy has announced that the Corvus Orca energy storage system (ESS) has been selected by Turkish ship designer and builder Navtek …

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Hyundai CRADLE partners with battery maker Ionic Materials

Electrans 12072018

The two companies will work together to develop solid-state batteries Hyundai CRADLE, Hyundai Motor Company’s corporate venturing and open innovation business, is investing in Ionic Materials, a privately held battery developer based in Massachusetts, to advance the development of battery technology and improve EV performance with solid-state battery innovation. Ionic …

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