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BMW i Ventures launches new $300M fund for sustainability, transportation, manufacturing and supply chain investments

Green Car Congress

BMW i Ventures created a new $300-million venture capital fund with a strong focus on sustainability. The new fund will invest in early to mid-stage start-ups operating in the sustainability, transportation, manufacturing, and supply chain industries. BMW i Ventures was established as an independent venture capital firm in 2016.

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President’s 2016 Budget requests $29.9B for DOE; 9% boost over FY 2015 enacted; $793M (2.7%) for sustainable transportation

Green Car Congress

President Barack Obama’s 2016 Budget requests $29.9 The FY 2016 DOE Budget Request represents a 9% increase ($2.5 billion, the FY 2016 Budget requests $4.8 billion, the FY 2016 Budget Request provides $5.34 Sustainable transportation. Sustainable transportation funding requests include: Vehicle technologies.

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Scania reports a 40% increase in sales of vehicles that run on alternative fuels and hybrids in 2016

Green Car Congress

The number of vehicles that Scania sold that run on alternative fuels and hybrids increased by 40 percent in 2016. In total, close to 5,000 such vehicles were sold in 2016. Almost 40,000 of Scania’s customers’ drivers were trained in fuel-efficient driving in 2016. This is a year-on-year increase of 30%.

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DOE to award $22.3M to accelerate the development of MD, HD plug-in vehicles and use of other sustainable transportation technologies

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The “Fiscal Year (FY) 2016 Vehicle Technologies Multi-Topic Funding Opportunity Announcement” ( DE-FOA-0001535 ) seeks cost-shared projects across three areas of sustainable transportation technologies. The US Department of Energy (DOE) announced approximately $22.3

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Honda to begin US production of plug-in fuel cell electric vehicle based on CR-V in 2024

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As we accelerate our plan to produce Honda battery EVs in the United States, we also will begin low volume production of fuel cell electric vehicles there to further explore their great potential as part of a sustainable transportation future. —Gary Robinson, vice president of Auto Planning & Strategy for American Honda Motor Co.

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Scania and European Gigafactory developer Northvolt partner for heavy vehicle electrification

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Scania, a member of the Volkswagen Group, and Northvolt, a 2016 startup building a European Gigafactory (planned 32 GWh annual capacity) for Li-ion batteries ( earlier post ), have agreed to develop and commercialize battery cell technology for heavy commercial vehicles. Scania is investing €10 million (US$12.5 Earlier post.).

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ABB to provide charging infrastructure for ASKO electric truck fleet

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It started in Oslo in 2016 with a rebuilt truck from the Netherlands with a payload of five and a half metric tons. ABB recently received the Global E-mobility Leader 2019 award for its role in supporting the international adoption of sustainable transport solutions. —Marius Aarset, Chief Technical Officer at ASKO.

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