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Universal Hydrogen announces $20.5M in Series A funding to build and test full-scale hardware for hydrogen commercial aircraft

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The financing allows Universal Hydrogen to accelerate the development of its hydrogen logistics network and regional aircraft conversion kits, and bolsters the company’s burgeoning commercial activities. The company also secured interest from multiple airlines to serve as early customers. Universal Hydrogen modular capsule.

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Electrolyzer company Hystar raises US$26M to scale up to full commercial operations

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Hystar AS, a Norway-based electrolyzer company, announced a Series B funding round of US$26 million to support the scale-up to full commercial operations with an automated GW-capacity production line by 2025. Located in Høvik, Norway, Hystar is building an Innovation Centre to support its R&D and manufacturing capabilities.

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Mangrove Lithium closes $10M Series A to build first commercial-scale processing plant

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The company will use the investment to build its first operational, commercial-scale plant with the intention of expanding lithium refining capacity in the Western Hemisphere. Benchmark Mineral Intelligence forecasts a global supply gap of 4.3 million tons of lithium carbonate and lithium hydroxide by 2040.

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General Fusion announces funding to build new fusion machine targeting scientific breakeven by 2026

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In addition, the company completed the first close of its Series F raise for a combined US$25 million. It also included new grant funding from the Government of British Columbia, which builds upon the Canadian government’s ongoing support through the Strategic Innovation Fund (SIF).

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Volkswagen Commercial Vehicles moves ahead with Autonomous Driving RD; ID. BUZZ the first AV

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Volkswagen Commercial Vehicles, a brand within the Volkswagen Group, is consistently and rapidly advancing the development and implementation of autonomous driving. The planned introduction of autonomous systems for traffic use in 2025 is currently being prepared at Volkswagen Commercial Vehicles.

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Amprius Technologies ships first commercially available 450 Wh/kg, 1150 Wh/L batteries

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the developer of silicon anode Li-ion battery cells with its Si-Nanowire platform ( earlier post ), has shipped the first commercially available 450 Wh/kg, 1100 Wh/L lithium-ion battery cells to an industry leader of a new generation of High-Altitude Pseudo Satellites (HAPS). Amprius Technologies, Inc.,

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WEVC unveils WATT eCV1 electric light commercial vehicle platform; cell-to-chassis

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Watt Electric Vehicle Company ( WEVC ), a designer and manufacturer of low-to-medium volume EVs, both under its own brand and for third parties, revealed a lightweight and efficient chassis-cab product set to provide the foundation for next-generation electric light commercial vehicles.