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YASA Motors secures $8.2 million in new funding

Green Car Congress

million) in new financing from a combination of existing and new investors. The money will be used to increase production capacity to meet customer demand and to expand its commercial activities. YASA motors make more efficient use of key materials, and are produced with simple low cost manufacturing processes.

Motor 199
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Hydro-Québec grants an exploitation license and partners with Nouveau Monde Graphite to develop materials for Li-ion batteries

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The partners hope that this collaboration will enable NMG to commercialize battery material technologies developed by HQ over the past 30 years. NMG’s financing. NMG’s Demonstration plant as a production capacity of 2000 tonnes of concentrated flake graphite for a two-year period.

NMG 186
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Avantium raises 30M to advance YXY technology for green chemicals and fuels; new bio-based polymer PEF

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Avantium, which spun off from Shell in 2000 to develop furan-based biofuels and biomaterials ( earlier post ), has raised €30 million (US$43.9 This will facilitate the development and commercialization of Avantium’s next-generation polyester: PEF.

Polymer 199
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Avis Budget group to acquire car-sharing company Zipcar in cash deal for approximately $500 million

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Founded in 2000, Zipcar operates the largest member-based, car sharing network in the world. By combining with Zipcar, we will significantly increase our growth potential, both in the United States and internationally, and will position our Company to better serve a greater variety of consumer and commercial transportation needs.

Companies 218
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Mascoma Announces Feedstock Processing and Lignin Supply Agreement with Chevron Technology Ventures; Chevron Working on Converting Lignin to Hydrocarbon Fuel Components

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There are two main thrusts to its current research efforts: a near-term focus on early commercialization opportunities for producing ethanol and a longer-term focus on direct conversion of biomass to hydrocarbons. Catchlight’s initial focus is developing and demonstrating novel technologies for converting cellulose and lignin into biofuels.

Chevron 249
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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

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A A$10-billion new commercially-oriented Clean Energy Finance Corporation will invest in renewable energy, low pollution and energy efficiency technologies. The Government is also separately investing in protecting jobs in the steel and coal industries.

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In 1961, the First Robot Arm Punched In

Cars That Think

Devol was an inventor and entrepreneur who had founded several companies to commercialize his various inventions. the parent company of Consolidated Controls), to finance the development of Devol’s invention. The first Kawasaki-Unimate 2000 was completed in 1969 and cost 12 million yen per unit.