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Volvo Energy invests $4.9M in Connected Energy for second-life battery business; 10% stake

Green Car Congress

In its mission to support and secure an attractive and sustainable circular business model for batteries, Volvo Energy is investing approximately SEK 50 million (US$4.9 million) for a 10% stake in the UK-based second-life battery energy storage specialist Connected Energy. —Joachim Rosenberg, President Volvo Energy.

Volvo 273
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Mercedes-Benz supplying 129 Citaro G hybrid 18m articulated buses to Belgium’s TEC Group

Green Car Congress

Mercedes-Benz is supplying 129 Citaro G hybrid 18m articulated buses to Belgium’s TEC Group. On overrun or when the bus is braking, the energy recovery phase, the motor acts as a generator to produce electric power, which is briefly stored by the Citaro hybrid in capacitors. The vehicles will be delivered by summer of this year.

Mercedes 448
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Audi of America and Arcadia offer renewable energy subscription with e-tron or e-tron Sportback lease or purchase

Green Car Congress

Arcadia connects renters and homeowners across the US to wind and solar energy through utility data and billing technology. The program runs from 2 March to 30 April 2021, while supplies last. The EPA provides further information on how renewable energy certificates are used to account for renewable electrcity generation and use.

Audi 397
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Toyota Motor Europe to supply fuel cell modules for train project as member of FCH2RAIL consortium

Green Car Congress

Toyota Motor Europe (TME) Fuel Cell Business will supply and integrate fuel cell modules into a zero-emission train prototype as part of the FCH2RAIL project in Europe. Where energy is available from overhead lines, the train takes the energy from them. This lets us make rail transport even more sustainable and energy-efficient.

Europe 261
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BASF breaks ground on syngas plant at Zhanjiang Verbund site in China

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Electricity will be supplied by the site-wide grid which is expected to be powered with 100 % renewable energy by 2025. It will be operated under the sole responsibility of BASF and will be the company’s third-largest Verbund site worldwide, following Ludwigshafen, Germany, and Antwerp, Belgium.

China 284
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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

Green Car Congress

ENGIE New Ventures, the corporate venture fund of ENGIE, is participating in a new round of investment to further the development of Connected Energy. Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. —Matthew Lumsden, CEO of Connected Energy.

Connect 186
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Volvo Trucks opens its first battery plant; cells and modules from Samsung SDI

Green Car Congress

Located in Ghent, Belgium, the plant will supply ready-to-install batteries for Volvo Trucks’ full electric heavy-duty trucks. The plant itself is powered by 100% renewable energy. Volvo Trucks is opening its first battery assembly plant. This investment shows our strong commitment to electrifying truck transportation.

Volvo 435