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

Green Car Congress

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

Green Car Congress

Purchased for approximately €31.5 The Vulcan team remains focused on developing our world-first dual renewable energy and Zero Carbon Lithium business, with phase 1 production to supply the EU battery market targeted for CY2024. A new Germany subsidiary of Vulcan, based in Karlsruhe, will be the owner and operator of the Insheim Plant.

Carbon 243
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GEM commits to invest up to $100M in Skyworks Aeronautics; commercialization of eVTOL gyroplanes

Green Car Congress

announced a $100-million investment commitment from GEM Global Yield LLC SCS, a Luxembourg-based private alternative investment group. Concurrent with a public listing of Skyworks Aeronautics shares, Skyworks Aeronautics will issue warrants to GEM to purchase up to 3% of the common stock of the company.

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Ford Pro and Deutsche Post DHL Group collaborate on electrification of last-mile delivery; > 2,000 electric vans by end of 2023

Green Car Congress

Deutsche Post DHL Group, the world’s leading logistics company, is committed to strengthen clean operations for climate protection and will invest €7 billion in the current decade on its path to net-zero emissions logistics.

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2023 EV registrations in Europe surpass two million units, setting new record – Charged EVs

Baua Electric

Battery EVs set a new record, selling over two million units and taking 15.7% Purchasing a vehicle has become more expensive, and attitudes to ownership continue to change.” Market share grew fastest in established EV markets Finland, Denmark, Belgium, the Netherlands and Luxembourg. of total market share. in 2023, up from 1.7%

Europe 52
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Nissan Teams Up with LeasePlan to Bring Nissan LEAF to Europe

Green Car Congress

LeasePlan is the first leasing company to offer the Nissan LEAF in Europe. LeasePlan will purchase more than 100 Nissan LEAF electric vehicles from Nissan and will offer them to its customers in thirteen countries in Europe, starting in early 2011 in line with Nissan’s launch plans in those markets. million vehicles globally.

Nissan 218
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This Dutch City Is Road-Testing Vehicle-to-Grid Tech

Cars That Think

Unlike those you may have grown accustomed to seeing, many of these stations don’t just charge electric cars—they can also send power from vehicle batteries to the local utility grid for use by homes and businesses. That is, would cycling the battery more than necessary prematurely degrade the very heart of the car?

Grid 88