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Si anode company LeydenJar secures €30M EU backing for silicon anode foil factory

Green Car Congress

LeydenJar , a Dutch developer of ultra-thin, pure silicon battery anodes, has secured the funding to build its first factory to produce silicon anode foil. Now, the EIB’s financing will help it to develop and install a set of larger machines to demonstrate the first-of-its-kind production of the anode material at industrial scale.

Companies 231
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Motiv Power Systems secures $20M from Crescent Cove Advisors

Green Car Congress

Motiv Power Systems, a company delivering medium-duty electric truck and bus chassis and related charging infrastructure, secured $20 million in financing from Crescent Cove Advisors, LP.

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BMW, Tesla Are Only Electric-Car Makers 'To Build A Business': Really ??

Green Car Reports

Often, statements about the electric-car industry by (presumably) highly-paid analysts in the finance industry are among those things. Sometimes we read things that just make us scratch our heads.

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SGL Group and BMW Group JV to Build New Carbon Fiber Plant; Output Exclusively for Upcoming Megacity Vehicle

Green Car Congress

SGL Automotive Carbon Fibers LLC, the joint venture between SGL Group and BMW Group ( earlier post ), will build a carbon fiber manufacturing plant in Moses Lake, WA. The CFRP parts and components will then be made from these fabrics at the BMW Group Plant Landshut, Germany.

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A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. As per industry estimates, about 4.1 Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold.

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Autonomous vehicle company Nauto closes $159M round; Softbank, Greylock join BMW, GM, Toyota

Green Car Congress

Autonomous vehicle technology company Nauto ( earlier post ) closed a $159-million Series B financing round, led by a subsidiary of SoftBank Group Corp. While building an increasingly intelligent telematics business, Nauto is also generating a highly valuable dataset for autonomous driving, at massive scale. and Greylock Partners.

GM 170
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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

Green Car Congress

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. billion.

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