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SES expands in South Korea to facilitate commercialization of Li-metal batteries

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Boston-based SES AI Corporation, a developer of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles and other applications, has incorporated its subsidiary SES Korea and plans to build a pre-production facility in South Korea. SK) and LG Corporation. It’s all about speed and winning the race.

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China Steel Corporation making $46M investment in LanzaTech commercial waste-gas-to-ethanol project

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Taiwan’s largest integrated steel maker, China Steel Corporation (CSC), has announced formal Board approval of a 1400-million TWD (US$46 million) capital investment in a LanzaTech commercial ethanol facility. China Steel Corporation (CSC), located at Kaohsiung, Taiwan, was founded in December 1971. Earlier post.).

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ChargePoint acquires eBus and commercial vehicle management provider ViriCiti to accelerate fleet electrification

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ChargePoint Holdings, a leading electric vehicle (EV) charging network operating in North America and Europe, has acquired ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets. IMPROVED Corporate Finance B.V. —Pasquale Romano, President and CEO of ChargePoint. Goldman Sachs & Co.

Fleet 218
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DOE-released report finds significant growth in fuel cell industry in 2011, forecasts continuing growth through 2012

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The US Department of Energy (DOE) released a new report showing significant growth for the fuel cell industry in 2011, and forecasting continued growth through 2012. Total, worldwide fuel cell shipments grew 37.5% between 2010 and 2011 and 214% between 2008 and 2011. up and auxiliary power unit applications.

2011 252
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Evatran plans trials of Plugless Power wireless charging technology with commercial partners for early 2012; outfitting Volts and LEAFs

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Evatran, a developer of wireless charging systems for electric vehicles ( earlier post ), has signed contracts with six commercial participants to outfit their Chevrolet Volt and Nissan LEAF models with pre-production Plugless Power wireless charging systems. Plugless Power system components. Click to enlarge.

2012 329
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Solid-state battery company Quantumscape to list on NYSE; $3.3B valuation

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QuantumScape Corporation, a developer of next generation solid-state lithium-metal batteries for use in electric vehicles, and Kensington Capital Acquisition Corp., a special purpose acquisition company (SPAC), announced a definitive agreement for a business combination that would result in QuantumScape becoming a publicly listed company.

Companies 468
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Japan Ministries propose light commercial vehicle fuel economy standards for 2022

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In a policy update, the International Council on Clean Transportation (ICCT) reports that Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) and Ministry of Economy, Trade, and Industry (METI) have finalized new proposed fuel economy standards for light- and medium-duty commercial vehicles with gross vehicle weights less than 3.5