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Global Power Company AES Raises $1.58B Through Stock Sale to China Investment Corp; Approx. 15% Stake

Green Car Congress

Global power company AES Corporation entered a binding stock purchase agreement with a wholly owned investment subsidiary of China Investment Corporation ( CIC ) to raise $1.58 AES, with headquarters in Arlington, Virginia, owns and operates a diverse portfolio of power generation and distribution businesses in 29 countries.

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Wallbox enters first phase of build-out for US EV charger plant; 500k units/year by 2025

Green Car Congress

Wallbox, a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, has begun construction at its Arlington, Texas manufacturing facility, the company’s first US-based EV charger manufacturing facility. Between all facilities, Wallbox is expected to have a global production capacity of more than 1.1

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Celebrating the Life of University of Texas Professor Mo-Shing Chen

Cars That Think

The IEEE Fellow was a professor at the University of Texas at Arlington for more than 40 years. Mentoring the next generation of power engineers Born in the village of Wuxing in China, Chen and his family moved to Taiwan in 1949 when he was a teenager. Chen created UTA’s first Ph.D. as a power engineer in Wulai.