The chief executive of Indian ride–hailing start-up BluSmart Electric Mobility has said it is close to raising $250 million from investors including BP’s venture capital division. BluSmart, which runs an all-electric vehicle (EV) fleet, was expecting to finalise deals with impact funds and private equity investors within the next two months, Anmol Jaggi said. “Bp Ventures already has a stake in BluSmart and will be one of the… Continue reading Indian EV ride-hailing firm BluSmart eyes $250m fundraiseBluSmart looking o finalise deals with impact funds and PE investors in the next two months
Tag: Electric vehicles
@Ford: Ford Execs to Discuss Ford+ Plan, Q2 Results, 2022 Outlook During July 28 Fireside Chat with BNP Paribas Exane Analyst
DEARBORN, Mich.–(BUSINESS WIRE)–Senior leaders from Ford will discuss the company’s second-quarter 2022 financial performance and full-year expectations – in the context of its Ford+ plan for growth and value creation – during a fireside chat hosted by James Picariello, BNP Paribas Exane automotive equity analyst, at 1:00 p.m. ET on Thursday, July 28. From Ford,… Continue reading @Ford: Ford Execs to Discuss Ford+ Plan, Q2 Results, 2022 Outlook During July 28 Fireside Chat with BNP Paribas Exane Analyst
Tesla (TSLA) & Panasonic Ink Deal for Cell Production Unit
Tesla’s TSLA major battery supplier, Panasonic PCRFY, is set to build and operate the world’s largest battery cell production facility in Kansas. The Panasonic plant will primarily supply batteries to Tesla but is not limited to the company. PCRFY will also have a research department focused on next-generation batteries. The plant is expected to be… Continue reading Tesla (TSLA) & Panasonic Ink Deal for Cell Production Unit
Gridtential thinks the OG renewable battery chemistry is ripe for disruption
Lithium-ion batteries are one of the driving forces behind the transition away from fossil fuels, but the rechargeable battery that started it all — lead-acid — has received very little attention. Invented over 160 years ago, lead-acid batteries have been upgraded a few times, but today’s cells are largely unchanged from those sold in the… Continue reading Gridtential thinks the OG renewable battery chemistry is ripe for disruption
GM and EVgo to build fast-chargers at Pilot Flying J gas stations
General Motors is teaming up with Pilot Flying J to build a national fast-charge network for EVs. The partnership between GM and Pilot will help accelerate EV sales by filling in gaps along the charging infrastructure. Access to charging stations remains American drivers’ top concern over buying or leasing an EV, according to a July… Continue reading GM and EVgo to build fast-chargers at Pilot Flying J gas stations
WattEV Secures Funding to Accelerate Heavy-Duty EV Truck-as-a-Service Fleet Deployment in Southern California
WattEV will use funding from the “Last-Mile Freight Program” of the Southern California Association of Governments (SCAG) towards the purchase of 20 of its initial fleet of 50 Volvo VNR Electric Class 8 heavy-duty trucks. This move will help accelerate the deployment of emission-free freight-hauling in the six Southern California counties that make up SCAG’s… Continue reading WattEV Secures Funding to Accelerate Heavy-Duty EV Truck-as-a-Service Fleet Deployment in Southern California
Why more Americans are considering electric vehicles: Kelley Blue Book editor
Kelley Blue Book Executive Editor Brian Moody joins Yahoo Finance Live to break down the reasons for growth in the EV space as EV sales jump amid rising gas prices. Video Transcript – Making the switch by flipping a switch. A recent survey by AAA has found that a quarter of American drivers plan to… Continue reading Why more Americans are considering electric vehicles: Kelley Blue Book editor
VINFAST RECEIVES $1.2 BILLION IN INCENTIVES FOR US MANUFACTURING HUB IN NORTH CAROLINA
Covering an area of 2,000 acres, with two main areas: electric cars and buses production and assembly, and ancillary industries for suppliers, VinFast’s factory is designed to reach the capacity of 150,000 vehicles per year. When brought into operation, the manufacturing complex will create an ecosystem of suppliers as well as thousands of local jobs,… Continue reading VINFAST RECEIVES $1.2 BILLION IN INCENTIVES FOR US MANUFACTURING HUB IN NORTH CAROLINA
GITAI Wins the Japan – US Innovation Awards, “Innovation Showcase”
TORRANCE, Calif., July 14, 2022 /PRNewswire/ — GITAI Japan Inc., a space robotics startup, has been selected as the Innovation Showcase Company in the Japan-US Innovation Awards co-sponsored by the Japan Society of Northern California (JSNC) and the Stanford University US–Asia Technology Management Center. On July 14, Chief Robotics Officer, Dr. Nakanishi, will make a… Continue reading GITAI Wins the Japan – US Innovation Awards, “Innovation Showcase”
AMPRIUS TECHNOLOGIES, INC. AND TELEDYNE FLIR ENTER INTO THREE-YEAR COMPONENT PURCHASE AGREEMENT
Teledyne FLIR’s industry-leading UAS products are used by defense and security forces worldwide. With conventional graphite-based batteries offering limited flight time at a heavier weight, Amprius’ cells offer UAS customers like Teledyne FLIR nearly double the energy density in the same volumetric space with the ability to maintain balanced high energy at high power. “Amprius’… Continue reading AMPRIUS TECHNOLOGIES, INC. AND TELEDYNE FLIR ENTER INTO THREE-YEAR COMPONENT PURCHASE AGREEMENT