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ClearFlame Engine Technologies secures $17M in Series A financing

Green Car Congress

ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

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Niron Magnetics raises $21.3M to commercialize rare-earth-free iron-nitride magnets

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million in new financing. The Volvo Cars Tech Fund and Volta Energy Technologies join existing investors Anzu Partners and the University of Minnesota. Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet technology. Background.

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ClearFlame Engine Technologies secures $2.5M to advance diesel-free truck demonstration; ethanol-fueled MCCI

Green Car Congress

million in additional financing from several investors, including the Iowa, Minnesota, Kansas and Illinois Corn Growers Associations. ClearFlame Engine Technologies , a growing startup dedicated to the development of clean engine technology ( earlier post ), secured $2.5

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Mn/DOT assessing potential for mileage-based user fee to replace fuel tax; Battelle conducting technology assessment

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The Minnesota Department of Transportation (Mn/DOT) will recruit 500 people from Wright and Hennepin counties to take part in research to test technology that could someday be used to collect a mileage-based user fee (MBUF) in lieu of a gasoline tax. —Cory Johnson, project manager.

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DOE to award $11M to 20 new Clean Cities projects for alt fuel cars and trucks

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The Accelerating Alternatives for Minnesota Drivers project will provide safety and technical assistance and training related to Plug-in Vehicle (PEV) and natural gas fueling infrastructure; establish the Minnesota Natural Gas. vehicle implementation; establish a Minnesota green fleet recognition. University, North.

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IBM’s Fall From World Dominance

Cars That Think

He's currently a senior research fellow at the University of Minnesota's Charles Babbage Institute , where he specializes in the history of technology. Similarly, GE sold off GE Capital for $26 billion after the 2008 finance and banking collapse, which is a far cry from a decade earlier, when it was worth ten times that.

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EV Chargers for All!

Cars That Think

Gillian Flaccus/AP Renters in the United States are now spending 30 percent of their income on rent, leaving little to finance the purchase of a vehicle. Nor is it surprising, as a University of California, Berkeley study found, that homeowners purchase EVs at nearly six times the rate of renters. light-duty vehicle sales.