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Hexcel makes $10M 2nd round investment in 3D printing company Oxford Performance Materials

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(OPM), a leader in advanced materials science and high performance additive manufacturing (HPAM), closed on an additional round of strategic investment from Hexcel Corporation. In May 2016, OPM and Hexcel announced an initial strategic investment from Hexcel of $15 million. Click to enlarge.

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ANGP gets exclusive license to UTRC technology for conformable natural gas vehicle storage tanks

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We are eager to transition our successful technology advancements under the MOVE program into a commercial product and anticipate working closely with ANGP in 2016 and beyond as it builds the market for ANG vehicles. David Parekh, corporate vice president, Research, and director, UTRC.

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IKEA Teams Up With Electrify America To Provide Charging in The United States.

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The furniture retailer has announced a partnership with Electrify America and Electrify Commercial to install new charging stations in over 25 IKEA stores in the US. In 2016, IKEA formed a partnership with Electrify America to develop an electric vehicle (EV) delivery service. IKEA Joins Hands With Electrify America.

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DOE releases three reports showing strong growth in US fuel cell and hydrogen market

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Daimler, Ford, and Nissan joined forces to develop a common fuel cell system and launch commercial FCEVs as early as 2017. Several major automakers, including Honda, Toyota, and Hyundai, are committed to producing commercial quantities in the 2015-2017 timeframe and reaffirmed those commitments in 2012. Light duty vehicles.

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USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

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Connecticut Department of Transportation. The Connecticut Department of Transportation will receive funding to purchase 40' Proterra E2 Max battery electric buses through a joint effort with CTtransit’s Hartford Division and Greater Bridgeport Transit. Delaware Transit Corporation. Indianapolis Public Transportation Corporation.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

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Connecticut Green Bank. Loan guarantees can be an important tool to commercialize innovative technologies because these projects may be unable to obtain full commercial financing due to the perceived risks associated with technology that has never been deployed at commercial scale in the United States. ChargePoint.

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