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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

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The financing consists of a Senior Convertible Note provided exclusively by funds and accounts managed by BlackRock Financial Management, Inc. The financing consists of a Senior Convertible Note provided exclusively by funds and accounts managed by BlackRock Financial Management, Inc.

Charging 195
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DOE announces $15.5B package primarily focused on retooling existing factories for EVs

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billion in funding to expand domestic manufacturing of batteries for electric vehicles and the nation’s grid, as well for battery materials and components currently imported from other countries. Converting and Retrofitting America’s Manufacturing Plants.

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Wärtsilä and partners developing emissions-free barge concept

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The concept is based on the use of replaceable battery containers, to be known as “ZESPacks”. A network of open access charging points will be set up for exchanging depleted battery containers for ready-charged replacements, thereby keeping waiting time to a minimum. These will be charged using energy from renewable sources.

Concept 357
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel? Global Nickel Trade and Chinese Dominance.

China 416
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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

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Through these acquisitions, TAE Power Solutions gains an early foothold in existing projects, including APC18 CELERITAS , a program to develop an ultra-fast charging battery and pack for electric and fuel cell hybrid vehicles with BMW and other project partners. Background. billion.

Fusion 250
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XL Fleet and eNow partner to electrify refrigerated trailers

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announced a battery and power electronics development and supply agreement and an investment in eNow, Inc., a provider of solar and battery power systems that enable fully-electric Transport Refrigeration Units (eTRUs) for Class 8 commercial trailers. XL Fleet Corp.

Fleet 259
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Electrovaya completes C$5M financing; new Office of Chairman

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Canada-based Li-ion battery maker Electrovaya Inc. completed a financing for C$5 million (US$4.96 Each share purchase warrant is convertible into one common share of the corporation. This financing provides valuable working capital for future growth, including certain strategic initiatives. issued to the lender.

Financing 218