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Electric powertrain company IRP Systems raises $17M in Series B

Green Car Congress

Israel-based IRP Systems , a provider of electric powertrain products, raised $17 million in Series B funding. IRP Systems provides high-performance, cost-effective powertrain products to the electric vehicle market. The company’s global customer base includes top automotive and micro-mobility manufacturers.

Companies 277
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3D electrode company Addionics closes $27M Series A

Green Car Congress

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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Hyundai Motor to establish Hyundai Mobility Global Innovation Center in Singapore

Green Car Congress

Hyundai Motor Company will establish a Hyundai Mobility Global Innovation Center in Singapore (HMGICs) to accelerate its innovation efforts, with support from the Singapore Economic Development Board (EDB). It also will help define the future business direction for the company.

Singapore 268
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Foresight partners with global industrial equipment manufacturer on proof-of-concept for autonomous mining and construction trucks

Green Car Congress

Israel-based Foresight Autonomous Holdings, a developer of automotive vision systems, has signed a paid proof-of-concept (POC) project with the Chinese subsidiary of one of the world’s leading manufacturers of industrial equipment, heavy machinery, construction and mining equipment.

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BYD produced its 5 millionth New Energy Vehicle

Green Car Congress

The momentum continued in 2023, as the company reached a cumulative sales volume of 1.5 As of July 2023, BYD’s global new energy vehicle sales have soared beyond 4.8 As of July 2023, BYD’s global new energy vehicle sales have soared beyond 4.8 In 2022, BYD’s new energy vehicles saw total sales surpass 1.86

BYD 370
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Gogoro’s battery swap stations and electric scooters heading to the West, launching in Israel

Electrek

Gogoro, widely considered to be the global leader in battery swapping for light electric vehicles, announced today that it is officially launching operations in Israel. The move marks a major westward expansion by the electric scooter and battery swapping company, which has until now largely focused on dominating the Eastern markets.

Batteries 112
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Daimler first automotive company to test UBQ’s climate-positive thermoplastic material in auto parts

Green Car Congress

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