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A123Systems Spins Out 24M Technologies; Combining Attributes of Rechargeable Batteries, Fuel Cells and Flow Batteries

Green Car Congress

24M Technologies has also secured $10 million in Series A financing from Charles River Ventures and North Bridge Venture Partners to target high energy density applications at lower cost than previously attainable. 24M will initially focus on grid storage applications. 24M will initially focus on grid storage applications. Earlier post.).

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TEMO’s easy-to-install electric outboard motors make DIY e-boats simple

Baua Electric

The proliferation of e-bikes started with easy-to-install conversion kits that allowed riders to take their existing bicycle and convert it into an electric bike. TEMO’s easy-installation electric outboard motors make it painless for boaters to convert their vessels into electric boats. Now, electric boats are charting a similar path.

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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

Green Car Congress

The financing consists of a Senior Convertible Note provided exclusively by funds and accounts managed by BlackRock Financial Management, Inc. FreeWire Technologies, a developer of ultrafast electric vehicle (EV) charging and energy management solutions, raised $125 million in new capital.

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Lishen and ZAP in strategic alliance; funding for several thousand EV conversions in US

Green Car Congress

ZAP will begin financing discussions with fleet operators pending successful completion of the trial which is likely to run through the winter season. ZAP plans to utilize this financing alliance to pursue other volume fleet opportunities in the Americas and SE Asia.

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Québec investing $130M in Nemaska Lithium

Green Car Congress

billion financing effort to commission a spodumene (lithium ore) mine at Nemaska, 300 km north of Chibougamau in Eeyou-Istchee James Bay territory. The Québec government is investing a total of $130 million ($80 million in capital stock and $50 million in bonds) as part of a $-1.1

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California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

Green Car Congress

Under the proposed plan, the NUMMI plant in Fremont, California would be converted into the manufacturing facility for the Aurica Motors E-Car, an all-electric vehicle, as well as Aurica’s proposed PEP (Power Exchange Package) battery swap system. The PEP station concept is not compatible with the Better Place system.

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We buy a used Porsche Taycan! Bargain price, 1000km road trip and charging dramas

EV Central

A Taycan’s DC charge port is behind the front left wheel, and Tesla chargers are designed for Teslas to back into position and recharge at their rear-mount ports. Study finance, not motoring journalism, if you want to have nice things. He’s a finance guy, and this was an ideal time to lose phone reception.

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