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Solid-state battery company Quantumscape to list on NYSE; $3.3B valuation

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a special purpose acquisition company (SPAC), announced a definitive agreement for a business combination that would result in QuantumScape becoming a publicly listed company. Ten years ago, we embarked upon an ambitious goal that most thought was impossible. Transaction overview. billion pro forma enterprise value.

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SK makes strategic investment in clean hydrogen company Monolith; “cyan hydrogen”

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SK Corp, the holding company of SK Group, has made a strategic investment in Monolith , a US company that has developed a plasma-based process to produce “cyan” hydrogen—between green (via electrolysis using renewable energy) and blue (conversion of methane accompanied by CO 2 capture and storage). Earlier post.).

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Evonik invests in Chinese graphene company SuperC

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Specialty chemicals company Evonik has invested in battery specialist SuperC. The Chinese company is a provider of graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries. By investing in SuperC, we are supporting a cutting-edge technology with a promising future.

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Tesla regains top EV spot from BYD, despite big sales miss and first fall since 2012

The Driven EV News

Despite experiencing its first year-on-year sales drop since 2012, Tesla has regained its position as the world's top selling electric vehicle company. The post Tesla regains top EV spot from BYD, despite big sales miss and first fall since 2012 appeared first on The Driven.

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ABC Companies partners with Lightning eMotors to launch first electric repowered motorcoach

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ABC Companies, a leading provider to the motorcoach, transit and specialty passenger transportation market in the United States and Canada, will soon be the first to offer a motorcoach-diesel-to-electric-repower program for North American operators. —Roman Cornell, president and chief commercial officer of ABC Companies.

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HaaS company Hydra Energy delivers first converted hydrogen-diesel co-combustion heavy-duty truck; up to 40% hydrogen

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Lodgewood Enterprises, a full service short- and long-haul trucking company based out of Prince George, British Columbia, received the initial truck marking the first of 12 semi-trucks to be converted with Hydra’s fully reversible, hydrogen-diesel conversion kit at no cost to Lodgewood. Hydra’s technology has been in development since 2012.

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Electric commercial vehicle company SEA Electric raises $42M; partnership with Exro

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SEA Electric was founded in Australia in 2012, with a proprietary electric power-system technology (known as SEA-Drive) for the world’s urban delivery and distribution fleets. The company forecast is to have more than 15,000 vehicles on the road by the end of 2023.