Home / Tag Archives: Investment

Tag Archives: Investment

Toyota, DENSO and SVF to invest US$1 billion in Uber ATG

Uber ATG

The investment aims to expedite the deployment of automated ride-sharing services Toyota Motor Corp., DENSO Corporation and the SoftBank Vision Fund (SVF) have announced an investment of US$1 billion in Uber’s Advanced Technologies Group (Uber ATG). Under the terms, Toyota and DENSO will together invest US$667 million and SVF will …

Read More »

Electrify America announces second US$200-million investment plan for California

Electrans 04102018

The investment will go to developing Electrify America’s EV charging infrastructure Electrify America has announced its next US$200-million investment in zero emission vehicle (ZEV) infrastructure as well as education and awareness in California, which is outlined in its Cycle 2 California ZEV Investment Plan submitted to the California Air Resources …

Read More »

Department of Energy announces US$120 million for battery innovation hub

Electrans 19092018 3

The funding will help create higher capacity batteries The US Department of Energy (DOE) has announced plans to provide US$120 million over five years to renew the Joint Centre for Energy Storage Research (JCESR), a DOE Energy Innovation Hub devoted to advancing battery science and technology, led by Argonne National …

Read More »

New York governor to invest Volkswagen settlement in clean vehicles

Electrans 06092018 4

The funds will provide for new electric buses and charging infrastructure New York Governor Andrew Cuomo has announced that the state will utilise the US$127.7 million received from the 2016 Volkswagen settlement to dramatically increase the number of electric vehicles and other clean vehicles in the state. Covered vehicles include …

Read More »

Toyota and Uber extend collaboration to automated vehicle technologies

Uber CEO Dara Khosrowshahi shaking hands with Toyota executive vice-president Shigeki Tomoyama

The collaboration will see Toyota invest US$500 million in Uber Toyota Motor Corporation (TMC) and Uber Technologies, Inc. have agreed to expand their collaboration with the aim of advancing and bringing to market autonomous ride-sharing as a mobility service at scale. To accomplish this, technology from each company will be …

Read More »

Bosch to work with Ceres Power to develop fuel cells

Electrans 21082018 3

Bosch will invest GBP9 million in Ceres Ceres and Robert Bosch GmbH, a leading global supplier of technology and services, have signed a strategic collaboration that builds on Ceres’ unique SteelCell technology and combines their respective expertise in fuel cells, manufacturing and product development. The collaboration will further develop the …

Read More »

Centrica and Ombu invest in Israeli EV charging software provider, Driivz

Man charging car while using mobile phone at electric station on sunny day

Centrica and technology financier Ombu have invested in an EV charging software provider Centrica has announced a multi-million-pound investment in Driivz, an Israeli start-up that offers end-to-end software solutions for electric vehicle charging. Ombu Group, a leading investor in advanced industrial technology companies, has co-led the investment, which forms part …

Read More »

Ample receives funding to roll out EV tech

Electrans 07082018

Ample will receive US$31 million for its EV charging solution Ample, a technology company focused on solving the energy delivery challenge for electric vehicles, has received US$31 million of financing. Ample, based in San Francisco, aims to utilise autonomous robotics and smart-battery technology to improve EV performance. Ample has created …

Read More »