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PEM electrolyzer company Ohmium closes $45M Series B; quadrupling manufacturing capacity

Green Car Congress

PEM electrolyzer company Ohmium International closed a $45-million Series B financing round. The company has research and development facilities in the United States and India; manufacturing operations are in India. We can no longer tie our economies to unreliable fossil fuels.

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Hagerty Canceling Detroit Concours d'Elegance for 2024

The Truth About Cars

The annual Detroit Concours d'Elegance is being canceled this year so Hagerty can reassess the event. While the company has stated that it remains committed to the Concours, the messaging was mixed enough to leave doubts about whether there will actually be another one. Thanks for riding with us. Thanks for riding with us.

Detroit 105
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel?

China 416
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The US’s largest solar panel maker opens a 3.3 GW factory in India

Baua Electric

The US International Development Finance Corporation (DFC) provided $500 million of the $700 million in financing for First Solar’s India factory. That’s good for the United States and it’s good for India. That’s good for the United States and it’s good for India.

India 52
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ECOtality files for Chapter 11; seeking approval to sell all assets

Green Car Congress

and its US subsidiaries yesterday filed a voluntary petition for relief under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the District of Arizona, according to the company’s latest 8K filing with the Securities and Exchange Commission.

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UCLA, UC Davis host world conference on electric vehicles and cities prior to EVS26

Green Car Congress

The one-day conference brings together more than 300 government leaders, business executives and nonprofit directors from a variety of countries, including Australia, China, England, France, Japan, Germany, the Netherlands, Portugal, Sweden, Spain and the United States.

Davis 247
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Neuralink competitor announces start of first human trials in the US

Teslarati

On Wednesday, May 4, Neuralink competitor Synchron announced the start of its first human clinical trials in the United States called the COMMAND study. They observed that Stentrode was safe given that the trials led to “zero adverse events” ending in disability or death. . CEO & Founder, Synchron.