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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

Green Car Congress

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. million kWh) of energy storage. kWh Li-ion pack.

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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. Vattenfall will purchase the new batteries from the BMW plant in Dingolfing and use them in all storage projects. Vattenfall and BMW have partnered on a number of EV- and battery-related projects over the years.

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

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The SCiB is Toshiba’s rechargeable lithium-ion battery that combines high levels of safety with a long life and rapid recharging. Toshiba will produce SCiB for industrial applications, including EV and power storage, at Kashiwazaki Operations, a new facility in Niigata prefecture that is slated to start production in 2011.

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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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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. 2012) Development of Large High-performance Lithium-ion Batteries for Power Storage and Industrial Use. Daisuke Mukai et al.

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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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In spring 2011, the plant will start to produce SCiB cells and modules for application in battery-powered electric vehicles (EV). Construction is scheduled to start in April 2010, with a completion date of October 2010. The company aims to achieve net sales of ¥200 billion (US$2.2 billion) from the SCiB business by fiscal year 2015.

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

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The capital will enable the company to rapidly industrialize the all-electric CODA car’s power system for commercial volume production and support its ability to mass manufacture transportation and utility power storage battery systems. To date, CODA has raised in excess of $100 million in capital.

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

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The battery storage system electrified by BMW i can be equipped with new or second-life batteries. The battery storage system also includes a voltage converter and power electronics to manage the energy flow between renewable energy sources, the house interface, and the Li-Ion high-voltage battery from the BMW i3.