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3D electrode company Addionics closes $27M Series A

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Addionics, a chemistry-agnostic battery technology company, raised $27 million in a Series A funding round to scale up its efforts to redesign battery architecture with the company’s Smart 3D Electrodes, which improve the cost and performance of batteries with any chemistry—existing or emerging. Earlier post.).

Companies 195
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India To Develop EV Eco System Through State-Owned Oil Marketing Companies

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India is on the fast track of expanding their EV infrastructure with the help of India’s OMCs (Oil marketing companies). Likewise, Bharat Petroleum Corporation said in a separate news release they will also commission 7,000 charging stations during the same period.

India 40
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Daimler first automotive company to test UBQ’s climate-positive thermoplastic material in auto parts

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Daimler announced a trial and development partnership with Israeli cleantech company UBQ Materials to explore the use of UBQ’s climate-positive material in the production of automobile parts. Following further trials and examination, Daimler and UBQ will decide whether the material will be incorporated in vehicles to go to market.

Climate 195
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Toyota invests in V2X chipset company Autotalks

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Israel-based Autotalks, a developer in V2X (Vehicle to Everything) communication chipsets ( earlier post ), has completed its Series D round with about $40 million in investments, an oversubscription of $10 million. Additionally, current Autotalks’ investors increased their investment in the company.

Toyota 150
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Electric bus market and trends 

Electric Vehicles India

Electric bus market and trends . As electric vehicles are growing rapidly especially the electric scooters, bikes, cars and three-wheelers segment and simultaneously the electric bus market is also growing rapidly in India and worldwide. Read further to know more about the Electric bus market and trends. . through 2026.

Market 98
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EVR Motors signs fourth commercial agreement in India and establishes Indian manufacturing facility

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Israel-based EVR Motors has signed an agreement with RSB Group, one of India’s Tier-1 automotive suppliers. This signifies EVR’s entry into the passenger vehicle, light commercial vehicle, and e-bus sectors, expanding from its initial markets in the 2-wheeler and 3-wheeler segments.

India 259
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2nd Better Place CEO out; company to be managed by Chairman of Board and CFO

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Better Place CEO Evan Thornley, who took over in October 2012 ago after the departure of founding CEO Shai Agassi ( earlier post ), is now out, according to the company. Thornley presented the plan to the board of Israel Corporation, Better Place’s controlling shareholder, in December.

Companies 231