article thumbnail

Finnish electric powertrain company Visedo raises €20M to support global expansion; SRPM technology

Green Car Congress

Visedo, a Finnish manufacturer specializing in electric powertrains and components, has secured a financing package of €20 million (US$21 million) to support its international growth plans. The financing consists of an equity investment of €13.5 million, an EFSI loan of €5 million and €1.5 million in funding from other sources.

Companies 150
article thumbnail

Stanford launches major new natural gas research initiative

Green Car Congress

Idle natural gas import terminals are being retooled to export liquefied natural gas to Asia and Europe, which is looking to lessen its dependence on Russia for natural gas. Ritts, most recently with Chevron Asia Pacific Exploration & Production Co., Earlier post.). Bradley Ritts will be NGI’s managing director.

Gas 150
article thumbnail

More details about California’s proposal requiring bidirectional charging capabilities for all EVs

Charged EVs

You could do V2G through the DC port of the vehicle—this is what we are doing with school buses here in California, where our charging station converts AC to DC and then connects to the DC port of the vehicle to provide power. Then it takes the DC from the bus, or car, and converts it back to AC to provide power for the grid.

Charging 133
article thumbnail

CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

Cyclonatix, Inc is developing an industrial-sized motor/controller to operate with either DC or AC power sources, for applications in electric vehicles, solar-powered pumps, HVAC&R, gas compressors, and other commercial and industrial machines which require high efficiency, variable speed/torque, and low cost.

Clean 371
article thumbnail

The Benefits of EVs and Why They’re Here to Stay

Blink Charging

And thanks to the NEVI Program and national expansion of DC fast chargers, owning an EV is even more accessible in all parts of the United States. Electric cars aren’t just beneficial for your finances; they also bring remarkable convenience to your ownership experience. Convenient EV Charging Electric cars also make life easier.

article thumbnail

Packaging second-life EV batteries into a plug-and-play energy storage system

Charged EVs

There are business models in Asia and Europe doing teardown, but there are two reasons that this is going to be exceedingly challenging. Antoni Tong: Our system can be configured for both DC and AC couplings. There are different schools of repurposing—the teardown model or the whole-pack repurposing model. One is the economics.

article thumbnail

Price Parity is Not the Key to EV Adoption in the US

EV Adoption

Source: Bloomberg New Energy Finance. BMW, Mercedes, and Volkswagen have all not shipped certain electric models to the US and Toyota is shipping the majority of their RAV4 Prime PHEVs to Europe and Asia. In 2010, these batteries sold for more than $1,100 per kilowatt-hour. Disclosure: LPEVC is an EVAdoption client.).

Price 87