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UltraCharge raises A$2.5M to advance its battery technology

Green Car Congress

Israel-based UltraCharge, a company developing a portfolio of advanced battery technologies from Israel and Singapore, has raised AUS$2.5 The company has agreed to acquire rights to new cathode intellectual property from ETV Energy in Israel. million (US$1.9 million) to advance the development of its technologies.

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Arrival and Uber to collaborate on EV for ride-hailing industry; based on Small Vehicle Platform

Green Car Congress

Commercial electric vehicle company Arrival is partnering with Uber to develop an affordable, purpose-built electric vehicle (EV) for ride-hailing drivers. This will help clean up urban transport and drive a mass market for EVs. The Arrival Car is expected to enter production in Q3 2023.

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RadSee launches high-performance automotive 4D imaging radar; lower cost, low-risk integration

Green Car Congress

Israel-based RadSee Technologies Ltd. announced the availability of the automotive industry’s first 4D imaging radar for ADAS (advanced driver assistance systems) and autonomous vehicles able to deliver ultra-high performance and scalability to OEMs and Tier 1 suppliers at up to one-third the cost of previous solutions.

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ArcelorMittal makes US$5M investment in H2Pro to support novel new water-splitting technology E-TAC

Green Car Congress

Similar to electrolysis, its technology, E-TAC (Electrochemical – Thermally Activated Chemical)—developed at Technion, Israel Institute of Technology—uses electricity to split water into hydrogen and oxygen. H2Pro is developing a new way of producing hydrogen from water.

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Foresight signs a pilot agreement with one of China’s top three largest car manufacturers

Green Car Congress

Israel-based Foresight Autonomous Holdings Ltd., The pilot project will be financed by the manufacturer, except for production, shipping and system installation costs of Foresight’s Eyes-On system. The parties will consider entering into a future commercial agreement based on the results of the pilot project.

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Polestar’s Q3 revenue and gross profit skyrocket, operating loss trims by 33%

Teslarati

The growth was mainly driven by higher Polestar 2 sales and continued commercial expansion across markets. Revenue per vehicle decreased slightly, Polestar said, attributing the slight reduction to product and market mix. This was due to “rapid commercial expansion and significantly increased global presence.”

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Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

Many leading markets and car manufacturers have committed to effectively phasing out fossil fuel powered light vehicles. One of the largest RHD markets, the United Kingdom, has been transitioning towards this outcome for many years creating an “Office of Low Emission Vehicles” in 2014. This will happen from 2030.