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Lightning Systems raises $41M for production ramp up of electric powertrains for commercial vehicles; round led by BP Ventures

Green Car Congress

Colorado-based Lightning Systems, a global developer of zero-emission drivetrains, has raised $41 million in equity, debt, and working capital line funding from existing and new investors. The global electric vehicle market is growing at an unprecedented rate, and we are seeing the electrification of more and more commercial fleets.

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GM reveals new Ultium batteries and flexible global platform for rapid growth of EV lineup

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The heart of GM’s strategy is a modular propulsion system and a highly flexible, third-generation global EV platform powered by proprietary Ultium batteries. For example, GM plans 19 different battery and drive unit configurations initially, compared with 550 internal combustion powertrain combinations available today.

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Lightning Systems reaccredited under bp?s Advancing Low Carbon Program

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Activities within the program include everything from low carbon products to global research initiatives to partnerships with startups developing innovative new technologies. All Lightning products are available today. The Lightning Systems GM 6500XD electric Class 6 truck is zero-emission on the road.

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Panasonic Energy and NMG sign non-binding MoU for anode material

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NMG) and Panasonic Energy entered into a Framework Agreement establishing the terms of the commercial relationship between the parties to enable the next development steps of NMG’s ore-to-battery-market integrated graphite project in Québec, Canada. Canada-based Nouveau Monde Graphite Inc.

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Haldor Topsoe and Nel ASA to offer end-to-end green ammonia and eMethanol solutions

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Together, we can offer end-to-end renewable electricity to ammonia and methanol solutions based on the most reliable technologies available today. —Amy Hebert, Chief Commercial Officer of Haldor Topsoe. We are very pleased to take the next step in our excellent relation with Nel. million tons per year) delivered by Topsoe.

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LeMond Carbon obtains independent verification of its carbon fiber rapid oxidation technology

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For the audit of LeMond’s technology, BV measured total oxidation times of sub-15 and sub-20 minutes over two separate production campaigns of 24K standard modulus (SM) carbon fiber, achieving fiber tow properties in excess of 270 GPa tensile modulus and 3,500 MPa tensile strength. This is a significant milestone for our company.

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Lightning Systems debuts new all-electric Ford F-59 Model, electrifying delivery vans and food trucks

Green Car Congress

Lightning Systems, a global developer of zero-emission drivetrains for commercial fleets, announced new battery-electric powertrain options for the Ford F-59 Model to support its customers with delivery and food truck applications. Lightning has already received orders for early production units, and deliveries will begin this summer.