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CODA Holdings raises $76M in Series D initial closing; support for CODA electric vehicle and Li-ion battery JV with Lishen

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CODA Holdings, a developer of Lithium-ion battery systems and all-electric vehicles, announced the initial closing of a Series D preferred investment round totaling $76 million, bringing the company's total invested capital to more than $200 million. billion Ah of energy storage (4.4 billion Ah of energy storage (4.4

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Vattenfall contracts with BMW for up to 1,000 new 33 kWh Li-ion batteries this year for storage projects in wind farms

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Vattenfall and the BMW Group have signed a contract for the delivery of up to 1,000 lithium-ion batteries this year. The batteries—each with a capacity of 33 kWh—are equipped with a BMW-owned battery management system and are also used by the car manufacturer in the BMW i3. With a capacity of 3.2

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Toshiba Partnering with Mitsubishi To Develop Li-ion SCiB Battery Systems for EVs

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Toshiba Corporation announced that it is working with Mitsubishi Motors Corporation to bring its SCiB battery ( earlier post ) to electric vehicles (EVs). The SCiB is Toshiba’s rechargeable lithium-ion battery that combines high levels of safety with a long life and rapid recharging. Earlier post.).

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BMW i home energy storage system integrates 2nd-life i3 vehicle batteries

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BMW i announced a home stationary energy storage system solution integrating its BMW i3 vehicle battery at EVS 29 in Montréal. The system utilizes BMW i3 high-voltage batteries and can be expanded to incorporate second-life batteries as they become available in the market.

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Prototype electric New Flyer transit bus powered by 120 kWh MHI MLiX Li-ion pack in operational testing in Manitoba, Canada

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An all-electric, battery-powered prototype demonstration bus under joint development by Mitsubishi Heavy Industries, Ltd. The 40-foot “E-Bus” is based on New Flyer’s 40-foot Xcelsior heavy-duty transit bus and is powered by a 120 kWh lithium-ion rechargeable battery pack developed by MHI. Earlier post.)

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CODA Automotive Battery Joint Venture Secures $394M of Committed Capital for Expansion

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California-based electric car and battery company CODA Automotive ( earlier post ), together with its China-based joint venture partner, Lishen Power Battery, has secured $394 million of committed capital. In 2009, CODA, which had an existing long-term sourcing contract with Lishen (Tianjin Lishen Battery Joint-Stock Co.,

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Toshiba to Build a Second Li-ion SCiB Production Facility in Japan; Initial Cells and Modules for EVs

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Anticipating strong future demand, Toshiba Corporation will construct a second dedicated production facility for its safe, long-life, rapid charge SCiB battery ( earlier post ), in the Kashiwazaki Frontier Park, in Kashiwazaki city, Niigata prefecture. Construction is scheduled to start in April 2010, with a completion date of October 2010.

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