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Israeli automotive cybersecurity company closes $30M Series B from Renault, Volvo Group, Hyundai, Nationwide

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Israel-based Upstream Security, a cybersecurity company targeting solutions for connected vehicles, closed a $30-million Series B funding round led by Renault Venture Capital and including Volvo Group Venture Capital, Hyundai, Hyundai AutoEver, Nationwide Ventures and others. Transactional Security Engine. Contextual Security Engine.

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Better Place Opens First EV Demonstration Center; Dor Alon to Deploy Battery Switch Stations in Israel

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Better Place announced the grand opening of the company’s first electric vehicle (EV) battery switch demonstration center in Israel. In the near future, the Better Place Center will have the Renault Fluence ZE for demonstrations, which will be available in Israel in 2011. Earlier post.). The Center, which includes 1 1.5-km

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Wireless EV charging roads piloted in the U.S., Europe

Teslarati

Israel-based company Electreon is one such company piloting wireless roads, as detailed in a report from CNBC on Monday. CNBC says the road is now expected to be built within the next year or so in a partnership between Electreon, NextEnergy, Jacobs Engineering Group, and MDOT.

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Better Place closes $200M Series C financing; valuation now $2.25B

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Existing shareholders, including Israel Corp., The company will launch its initial commercial service in Israel and Denmark early next year and has already announced a series of consumer offerings for electric mobility services that it says are competitive with gasoline-based cars.

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Better Place Launches Switchable-Battery Electric Taxi Project in Tokyo; Converted Crossovers with A123 Systems Packs

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The project marks the next major milestone leading up to a complete system test of all components of the company’s electric vehicle solution in Israel before year-end. By year-end, Better Place will test all components of its solution in Israel as the company continues to gear up for commercial launch in Israel and Denmark in late 2011.

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TAU developing software tool to improve bike sharing systems management

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Engineers at Tel Aviv University (TAU) in Israel are developing a mathematical model to lead to a software solution to improve urban bike sharing systems management. Tel Aviv University research is contributing to this plan, and the results will be used in a pilot site in Israel.

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Michigan wants to develop a wireless EV-charging road by next year

Teslarati

Electreon, a company from Israel, won the project’s rights to build an electric road system (ERS) in Detroit as part of the Inductive Vehicle Charging Pilot Program. Electreon will collaborate with NextEnergy and Jacobs Engineering Group to develop a one-mile-long stretch of dynamic and stationary wireless EV charging in Detroit.