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KLD Energy completes $10M convertible debt offering, bringing total capital raised to almost $26M

Green Car Congress

KLD expects to use funds from the debt offering for further, multi-industry development of the company’s high-performance electric motor system; research and introduction of new products; and global expansion. A battery laminate extends battery life and reduces the cost of service.

Convert 210
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More than 250,000 electrified BMW Group vehicles on the roads; BMW Group electrified sales up 52% in April

Green Car Congress

In the mature Scandinavian markets, more than a quarter of all BMW Group sales are electrified and in Malaysia, electrified vehicles accounted for more than half of BMW Group sales in April. BMW Motorrad is introducing nine new models this year, and the related adjustments in production are also affecting deliveries.

BMW 191
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Texas Emerging Technology Fund awards KLD Energy Technologies $2.8M to support commercialization of electric drive system

Green Car Congress

The company will leverage the funding to accelerate the commercialization of its high-performance electric drive system, execute its expansion strategy and introduce its products to new markets. KLD’s initial product is a complete motor system for electric vehicles. kWh battery pack; and KLD motor controller.

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