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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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Universal Hydrogen announced $20.5-million Founded in 2020 by aviation industry veterans Paul Eremenko, John-Paul Clarke, Jason Chua, and Jon Gordon, Universal Hydrogen is stitching together the end-to-end hydrogen value chain for aviation, both for hydrogen fuel and hydrogen-powered airplanes. Universal Hydrogen modular capsule.

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Japan NEDO launches major $90M solid-state Li-ion battery project targeting EVs; 23 companies, 15 universities/research institutes

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Partners participating in this project include: Toyota Motor Corporation; Nissan Motor Co., Honda R & D Laboratories; Panasonic Corporation; GS Yuasa Corporation; Hitachi Automotive Systems Co., Maxell Corporation; Murata Manufacturing Co., Asahi Kasei Corporation; JSR Corporation; Sumitomo Metal Mining Co.,

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Lightning eMotors delivers first all-electric motorcoach to ABC Companies; order for 200 ZEVs

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Lightning eMotors, a leading provider of commercial electric vehicles for fleets, announced a $45-million order for its zero-emission powertrain systems from Faribault, Minnesota-based motorcoach supplier ABC Companies. —Roman Cornell, president and chief commercial officer of ABC Companies. —Roman Cornell.

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Mobility services infrastructure company Via closes Series E round; valued at $2.25B

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Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 EXOR is one of Europe’s largest diversified holding companies controlled by the Agnelli family.

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Aisin developing ultrahigh-efficiency EV motor with Tohoku Magnet Institute

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Aisin Corporation is developing an ultrahigh-efficiency motor using NANOMET jointly with Tohoku Magnet Institute (TMI), in which Aisin invested in June last year. It is sold exclusively by TMI, a spin-out from Tohoku University. A prototype was exhibited at the Automotive Engineering Exposition 2023, in Yokohama in May.

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Toyota establishes joint research institute with Tsinghua University; hydrogen and advanced mobility

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Toyota Motor Corporation and Tsinghua University are establishing the Tsinghua - Toyota Joint Research Institute (Joint Research Institute). Toyota and Tsinghua University have engaged in research projects together since 1998, conducting technology courses and pursuing other related activities.

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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

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