Remove Battery Remove Commercial Remove Energy Remove Luxembourg
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GEM commits to invest up to $100M in Skyworks Aeronautics; commercialization of eVTOL gyroplanes

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announced a $100-million investment commitment from GEM Global Yield LLC SCS, a Luxembourg-based private alternative investment group. Mobius.energy developed an advanced battery module architecture optimized for electric aircraft. Mobius’ battery module architecture is cell type agnostic and platform independent.

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High-power battery company MOBIUS.energy secures $50M investment commitment from GEM

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billion, Luxembourg-based private alternative investment group. MOBIUS will use the funds to scale-up battery module production to support electric aircraft customers through a subscription model including maintenance and salvage services. This demonstration flight will be a critical milestone in our path toward public listing.

Companies 243
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NGK Spark Plug & HAKUTO-R to test solid-state lithium battery technology on the moon in 2021

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announced that NGK Spark Plug has agreed to participate as a corporate partner of the world’s first commercial lunar exploration program “ HAKUTO – R ”. NGK Spark Plug and HAKUTO-R have also agreed to transport a trial design of NGK Spark Plug’s solid-state battery technology to the moon in 2021. Prototype of NTK solid-state battery.

Plug-in 322
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Field test shows Volvo Buses’ plug-in hybrid reduces fuel consumption by 81% and energy consumption by 61%; 21 mpg

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Field tests being conducted in Gothenburg show that Volvo Buses’ plug-in hybrid reduces fuel consumption by 81% and total energy consumption (diesel plus electricity) by 61% compared to a comparable Euro 5 diesel bus. The batteries are charged at the bus terminus via the B?sbaar Earlier post.). sbaar for between six and ten minutes.

Plug-in 362
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EC awards Better Place and partners €4.95M for EV infrastructure project, including battery switch stations

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The project envisions the analysis, testing and deployment of a multi-transport mode network using the current road infrastructure and railways coupled with an electric car charging network of battery switch stations and charge spots powered by renewable energy along with intelligent transport systems.

Denmark 230
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Zero Carbon Lithium company Vulcan acquires geothermal plant; brine offtake agreement with geox

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Vulcan Energy Resources has agreed to acquire an operational geothermal renewable energy power plant in the Upper Rhine Valley at Insheim, Germany, through the acquisition of 100% of the shares in the entity which owns and operates the plant. Purchased for approximately €31.5 —Vulcan’s Managing Director Dr. Francis Wedin.

Carbon 243
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15 countries agree to work toward 100% ZEV truck and bus sales by 2040

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Under the new Global Memorandum of Understanding (MOU) for Zero-Emission Medium- and Heavy-Duty Vehicles (ZE-MHDVs), Austria, Canada, Chile, Denmark, Finland, Luxembourg, Netherlands, New Zealand, Norway, Scotland, Switzerland, Turkey, United Kingdom, Uruguay and Wales are setting an interim goal of 30% zero-emission new vehicle sales by 2030.