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Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

Green Car Congress

Total corporate funding (including venture capital funding, public market, and debt financing) for the energy storage, smart grid, and energy efficiency sectors in 2022 was up 63% with $31.7 Corporate funding for energy storage, smart grid, and energy efficiency companies. Smart grid companies raised $3.3 billion in 2021.

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Sysco Corporation intends to purchase up to 800 battery-electric Freightliner eCascadia Class 8 trucks

Green Car Congress

Daimler Truck North America (DTNA) and Sysco Corporation (NYSE: SYY) a leading US foodservice distribution company, have signed a Letter of Intent (LOI) to deliver up to nearly 800 battery-electric Freightliner eCascadia Class 8 tractors by 2026.

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Schindler Elevator Corporation to deploy 50 Canoo electric vans to its fleet

Green Car Congress

Schindler Elevator Corporation plans to implement , through its fleet management company, the use of fifty (50) 2023 Canoo Lifestyle Delivery Vehicle (LDV) battery-electric vans. The first in its industry to announce its intent to use EV light-duty vans in the United States, Schindler is committed to net-zero emission by 2040.

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Nikola Corporation to Acquire Battery Pack Company Romeo Power

Electric Cars Report

Nikola Corporation and Romeo Power have entered into a definitive agreement in which Nikola will acquire the battery supplier in an all-stock transaction. The proposed exchange ratio implies a consideration of $0.74 The proposed exchange ratio implies a consideration of $0.74

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Hyundai partners with Yeosu Gwangyang Port Corporation to commercialize hydrogen fuel-cell trucks

Green Car Congress

Hyundai Motor Company and Yeosu Gwangyang Port Corporation are partnering to commercialize hydrogen fuel-cell trucks. Yeosu Gwangyang Port Corporation will provide a site (about 2,000 m 2 ) for the construction of the hydrogen refueling station by 2022.

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Toshiba splitting into three companies; first such spin-off scheme for a Japanese company of this size

Green Car Congress

Toshiba Corporation intends to split itself into three standalone companies: Infrastructure Service Co. Toshiba , holding its shares in Kioxia Holdings Corporation (KHC) and Toshiba Tec Corporation. Toshiba , holding its shares in Kioxia Holdings Corporation (KHC) and Toshiba Tec Corporation.

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