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Torotrak to acquire remaining 80% of Flybrid for up to £23M; targeting commercial launch of M-KERS in 2015

Green Car Congress

The integration of Flybrid and Torotrak provides a platform for a joint development and commercial launch of M-KERS, Torotrak said. The group intends to exploit what it sees as a market window from 2015 to 2020 in which new technologies are being demanded to achieve new EU CO 2 targets applying to vehicle manufacturers’ overall fleets.

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GE Capital to provide financing for electric motorcycle maker Brammo

Green Car Congress

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. The Ashland, OR-based manufacturer designs and develops electric motorcycles. —Craig Bramscher, founder and CEO of Brammo.

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DOE issues Request for Information on financing strategies for light-duty H2 fueling infrastructure

Green Car Congress

The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. Category 4: Fuel cell vehicle suppliers.

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New EV20 Alliance Targeting 1M Additional Electric Vehicles on Road by 2015

Green Car Congress

A new global alliance comprising businesses and government leaders and led by the international NGO, The Climate Group, set an ambitious target to put one million additional EVs on the road by 2015, on top of EVs that automakers are already planning to bring to market. Tags: Electric (Battery) Policy.

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XL Hybrids XL3 powertrain technology now available on diesel commercial van

Green Car Congress

announced its XL3 Hybrid Electric Drive System is now available on the Reach commercial van from Isuzu and Utilimaster. The retrofitted XL3 Hybrid Electric Drive System saves fuel through regenerative braking, a process by which the electric motor helps slow the vehicle when the driver brakes, charging the battery.

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NOHMs raises $5M for commercializing non-flammable, ionic-liquid containing electrolytes for EV batteries

Green Car Congress

NOHMs), a Cornell University spin-out founded in 2010, raised $5 million in Series B venture capital financing to commercialize its non-flammable electric vehicle (EV) battery electrolyte technology. This electrolyte is a drop-in replacement for commercial ionic liquids used in PHEV and EV cells. NOHMs Technologies Inc.

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Hampleton Partners: Autotech M&A remains constant, driven by EVs and charging

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The latest Autotech & Mobility M&A Market Report from Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, shows that the appetite for Autotech & Mobility deals has remained consistent despite the impact of COVID disruption, the global semiconductor shortage and supply chain issues.

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