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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

Green Car Congress

In 2019, Daimler Truck AG and CATL entered into a global lithium-ion battery cell modules supply agreement for electric series trucks including the Mercedes-Benz eActros, the Freightliner eCascadia and eM2. Now CATL is expanding globally, and has opened subsidiaries in Munich (Germany); Paris (France); Yokohama (Japan); and Detroit (USA).

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Mercom: battery, smart grid, energy efficiency companies raised $2.3B in VC funding in 2019; 18% lower than 2018

Green Car Congress

Mercom Capital Group, llc, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for 2019. billion raised in 2018. billion raised in 2018. billion in 2018. billion in 2018.

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Mitsubishi Outlander PHEV hits 200,000 global sales

Green Car Congress

Mitsubishi Motors Corporation (MMC) announced that the world’s first plug-in hybrid SUV, the Mitsubishi Outlander PHEV, has achieved sales of 200,000 units worldwide since its launch in 2013. It has become the world best-selling plug-in hybrid vehicle as at the end of December 2018.

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AstraZeneca electrifying global vehicle fleet

Green Car Congress

The Climate Group announced that global pharmaceutical giant AstraZeneca will join its business leadership initiative on electric vehicles, EV100 ( earlier post ); AstraZeneca will switch its 16,000-vehicle fleet to electric by 2030. Companies representing US$900 billion in annual turnover and 2.8

Fleet 186
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Mercom Capital report: VC funding up for battery storage, down for smart grid, efficiency companies in 1H 2018 YoY

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Total corporate funding (including venture capital funding, public market, and debt financing) in 1H 2018 was down with $2.4 In Q2 2018, VC funding for Battery Storage, Smart Grid, and Efficiency companies decreased to $367 million in 27 deals compared to $472 million in 23 deals in Q1 2018. billion raised compared to $2.8

2018 170
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Daimler AG Board approves Project Future corporate restructure; goes to shareholders in 2019

Green Car Congress

The Board of Management and Supervisory Board of Daimler AG has approved a new corporate structure for Daimler AG. Following approval by the Board of Management and Supervisory Board the corporation can now move into the implementation phase of what it calls “PROJECT FUTURE”.

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Mercom: battery storage, smart grid, and efficiency companies raised $1.3B+ in VC funding in 9M 2018

Green Car Congress

Global VC funding (venture capital, private equity, and corporate venture capital) for Battery Storage, Smart Grid, and Efficiency companies in the first 9 months (9M) of 2018 was 8% higher at more than $1.3 A total of 51 VC investors participated in Battery Storage funding in 9M 2018. billion compared to the $1.2

2018 191