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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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ENGIE New Ventures, the corporate venture fund of ENGIE, is participating in a new round of investment to further the development of Connected Energy. Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems.

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Elestor electricity storage company receives €30 million investment

Innovation News Network

Elestor has secured a €30 million investment from a consortium spearheaded by Norwegian energy giant Equinor's corporate venture capital arm. The post Elestor electricity storage company receives €30 million investment appeared first on Innovation News Network.

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Mitsubishi joins PSA and other French partners in second-life batteries demonstration

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Mitsubishi Motors Corporation (MMC) and Mitsubishi Corporation (MC) announced the launch of a joint demonstration project for utilizing used lithium-ion batteries from electric-powered vehicles. Low voltage (48 Volts) Energy Storage System use of new automotive batteries.

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European Researchers Developing Multifunctional Structural Composite Material That Can Double as Energy Storage

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Researchers from Imperial College London and their European partners, including Volvo Car Corporation, are developing a prototype multifunctional structural composite material composed of carbon fibers and a polymer resin which can store and discharge electrical energy and which is also strong and lightweight enough to be used for car parts.

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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. Sadoway and Bradwell, along with Dr. Luis Ortiz, are founders of LMBC.

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Liquid metal battery company Ambri raises $35M in Series C

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Ambri, developer of Liquid Metal Battery grid-scale energy storage technology, closed a $35-million Series C equity financing. When the battery is being charged, some ions migrate through the insulating salt layer to collect at one of the terminals. Earlier post.) The cells are still in operation.

Companies 210
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Volvo Buses officially launches the all-new plug-in Electric Hybrid bus

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The difference lies in a more powerful electric motor, increased energy storage and equipment for overhead conductive opportunity charging. The battery pack uses a heater/cooler system which operates both at the ramp and when driving. Volvo Electric Hybrid drive system. Electric motor/generator (I-SAM).

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