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ClearFlame Engine Technologies raises $30M in Series B

Green Car Congress

The latest investments were led by Mercuria Energy Group, one of the world's largest privately held energy and commodities companies, with Mercuria and Breakthrough Energy Ventures both making second investments. Its initial $3 million Series Seed Financing was also led by Clean Energy Ventures and completed in early 2020.

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Feature: Bridging the EV Affordability Gap

Clean Fleet Report

This price barrier prevents the middle class from capitalizing on the notable cost savings of EVs, paying a “poverty penalty” of $1,000/year in higher fuel and maintenance costs by driving gas-powered vehicles. Particularly with inflation and higher gas prices, it’s critical that we make financing EVs cheaper than gas cars today.

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EV subscription company Autonomy launches Tesla Model 3 rental fleet

Teslarati

Autonomy, a company owned by vehicle subscription platform NextCar, has launched a new electric and zero-emissions vehicle subscription program with the Tesla Model 3. The subscription cost includes “routine maintenance and roadside assistance. Scott Painter, co-founder and CEO of Autonomy (PRNewsfoto/Autonomy).

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Ohmium and Aquastill collaborate to produce green hydrogen from seawater

Green Car Congress

Ohmium International, a green hydrogen company that designs, manufactures, and deploys advanced Proton Exchange Membrane (PEM) electrolyzers, announced a strategic collaboration with Aquastill , one of the leaders in modular membrane distillation technology that uses the sustainable power of waste heat for desalination.

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Toyota invests $394M in, collaborates with Joby on air mobility

Green Car Congress

Toyota is collaborating with Joby Aviation (Joby), an aerospace company that is developing and commercializing all-electric vertical take-off and landing (eVTOL) aircraft to enable the deployment of fast, quiet and affordable air transportation services. Joby’s eVTOL. —Toyota Motor Corporation President and CEO Akio Toyoda.

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How battery leasing enhances adaptability in the EV ecosystem | Autocar Professional

Baua Electric

However, this challenge can be overcome by battery leasing, which not only addresses affordability but also enhances faster adaptability within the EV ecosystem. Battery leasing presents an effective alternative for consumers, offering a pathway to access high-quality battery packs at affordable rates.

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Aurora enters long-term, global, strategic collaboration with Toyota and Denso for self-driving cars at scale

Green Car Congress

Autonomous driving software company Aurora has entered a long-term, global, and strategic collaboration with Toyota and Denso, one of the largest global manufacturers and tier-one automotive suppliers, respectively, to build and globally deploy self-driving cars at scale.

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