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Tag Archives: invest

Airlander 10 set to receive GPB1 million investment to return as EV

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World’s longest aircraft is expected to be re-invented in a move towards “zero-carbon aviation” Bedford-based firm Hybrid Air Vehicles (HAV) has been awarded over GBP1 million (US$1.29 million) by the UK Aerospace Research and Technology Programme to reconvert its Airlander 10 into an all-electric vehicle. The original test date for …

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Proterra and Mitsui create US$200-million credit facility to scale battery leasing programme

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Proterra’s battery leasing scheme allows the company to guarantee battery performance Proterra, a leading innovator in heavy-duty electric transportation, has announced a partnership with Mitsui & Co. to create a US$200-million credit facility in support of a battery lease programme. Mitsui, a leading Japanese investment and trading company, holds a …

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Daimler teams up with Sila Nanotechnologies on Li-ion batteries

Next Generation Li-Ionen-Batteriematerialien: Daimler und Sila Nanotechnologies schließen KooperationDaimler Teams Up with Sila Nanotechnologies on Next Generation Lithium-ion Battery Materials

Sila Nanotechnologies is investigating replacing graphite electrodes in Li-ion batteries with silicon ones Daimler AG has acquired a minority equity stake in US battery material specialist Sila Nanotechnologies as part of its research and development activities. Founded in 2011, Sila Nano is a leading developer of new battery materials, which …

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Solid Power receives investment from Ford Motor Company

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The investment will help Solid Power develop its solid-state batteries for automotive use Solid Power is teaming up with Ford Motor Company to develop all solid-state batteries (ASSB) for next-generation electric vehicles. Solid-state batteries offer improved energy and safety as compared to current industry-standard lithium-ion batteries. The announced partnership will …

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DENSO to invest US$1.6 billion to develop automotive electrification

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DENSO will establish an Electrification Innovation Centre in 2020 DENSO, the world’s second largest mobility supplier, has announced it will invest approximately 180 billion yen (US$1.6 billion) over the three years – from FY2018 to late FY2020 – to support its aggressive development and production of electrified automotive products, systems …

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Volta Energy Technologies announces additions to global energy storage investor consortium

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Volta aims to invest in technology advancements along with systems integration and charging hardware Volta Energy Technologies has announced that Equinor and Hanon Systems have joined its consortium which seeks to identify and invest in promising energy storage technologies. Both companies have made a five-year commitment to Volta as strategic …

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Hyundai and Kia invest US$300 million in India’s largest mobility service provider Ola

Ola's Bhavish Aggarwal and  Hyundai's Euisun Chung

Ola will use the investment to transform itself into a smart mobility solutions provider Hyundai Motor Group and Ola – one of the world’s largest ride-hailing platforms – have announced a strategic partnership under which Hyundai Motor Company (Hyundai) and Kia Motors Corporation (Kia) will make their biggest combined investment to …

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