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Volvo Car Corporation signs MoU on strategic partnership with China Development Bank Corporation

Green Car Congress

Volvo Car Corporation and China Development Bank Corporation have signed a Memorandum of Understanding (MoU) for a strategic partnership. —Stefan Jacoby, CEO & President of Volvo Car Corporation.

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Volvo Car Corporation ramps up assembly of V60 diesel plug-in hybrid; up to 6K units for MY 2014

Green Car Congress

Volvo Car Corporation is now ramping up production of the new Volvo V60 Plug-in Hybrid. The Volvo V60 Plug-in Hybrid is the synthesis of close cooperation between Volvo Car Corporation and Swedish electricity supplier Vattenfall. The two companies have financed the development project jointly.

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Pinnacle Engines appoints Asian Business Advisory Board; closes Series C financing

Green Car Congress

Pinnacle Engines also announced closure of its Series C financing, bringing total investment in the company to more than $30 million. Investors in the round included Mitsui Global Investment, VenturEast and a strategic OEM partner along with its existing investors Bessemer Venture Partners, New Enterprise Associates and Infield Capital.

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Volvo Car Corporation, Ericsson and partners in plug-in vehicle smart on-board charging research project

Green Car Congress

Volvo Car Corporation, Ericsson, the utility company Göteborg Energi and the Viktoria Institute are collaborating in the research project ELVIIS (Electric Vehicle Intelligent Infra Structure) to develop a concept for using intelligent infrastructure for the smart on-board charging of plug-in vehicles. Göteborg Energi.

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Nikola turns to Delaware legislation to backup finance hydrogen pivot

Baua Electric

Corporate executives mentioned it might additionally lift $500 million in the future via present credit score and mortgage guarantees. The corporate confronted delisting from Nasdaq as a result of its accumulation used to be buying and selling beneath $1. However the proportion worth has recovered to related at $1.38

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Opposed-piston engine company Achates Power raises $35.2M in Series C Financing; new industry advisory board

Green Car Congress

million in Series C financing. The Series C financing follows a $19-million Series B round in 2009 and brings the total raised by Achates Power to nearly $90 million since its 2004 founding. Achates Power, Inc., the developer of a family of two-stroke compression-ignition opposed-piston engines ( earlier post ), has finalized $35.2

Financing 236
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Volvo reports selling out first batch of V60 Plug-in Hybrids

Green Car Congress

At the 2012 Paris Motor Show, Volvo Car Corporation reported that it has sold out the first batch of the diesel-electric Volvo V60 Plug-in Hybrid ( earlier post ) before the car has reached the showrooms. The two companies financed the development project jointly.

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