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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

Green Car Congress

TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

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BMW and Ford invest in $130 million round for solid-state battery company Solid Power

Electrek

BMW and Ford are ramping up investment in solid-state batteries with a new $130 million financing round in Solid Power. more… The post BMW and Ford invest in $130 million round for solid-state battery company Solid Power appeared first on Electrek.

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Consumer Reports: most popular electric vehicles cost less to own than the best-selling gas-powered vehicles in their class

Green Car Congress

Owning a plug-in electric vehicle today will save consumers thousands of dollars compared to owning a gas-powered vehicle, according to a new analysis by Consumer Reports comparing electrics to CR’s top-rated vehicles, as well as the best-selling, most efficient, and best-performing gasoline-powered vehicles on the market.

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Motiv Power Systems secures $20M from Crescent Cove Advisors

Green Car Congress

Motiv Power Systems, a company delivering medium-duty electric truck and bus chassis and related charging infrastructure, secured $20 million in financing from Crescent Cove Advisors, LP. Motiv has delivered 120 that have traveled more than one million miles across North America.

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BMW expects to have solid-state battery in a demonstrator vehicle well before 2025; IPCEI grants

Green Car Congress

In March, BMW presented the Neue Klasse generation of vehicles, to be launched by the middle of this decade, which will be clearly focused on all-electric drivetrains. For the Neue Klasse, the BMW Group is developing the next generation of its battery technology. —Oliver Zipse, Chairman of the Board of Management of BMW AG. ".

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BMW announces partners and services for 360° Electric portfolio for BMW i drivers

Green Car Congress

BMW of North America has announced the partnerships and programs comprising its 360° Electric portfolio. BMW is currently the only automotive manufacturer offering this comprehensive a plan for consumers to cover their individual electric mobility needs beyond their vehicles. BMW i Charging Station. BMW i Charging Station.

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AI vision system company Recogni raises $48.9M Series B

Green Car Congress

million in a Series B financing round, led by WRVI Capital, a prominent global technology investor. Recogni’s AI-powered vision cognition module (VCM)—based on a custom ASIC—is capable of efficiently running deep-learning networks. Recogni Inc., It will address the challenges of autonomous vehicle design and deployment.

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