Remove BMW Remove Commercial Remove Convert Remove Financing
article thumbnail

BMW i Ventures invests in Natural Fiber Welding; plant-based leathers, yarns and foams

Green Car Congress

BMW i Ventures has invested in Natural Fiber Welding , Inc. The financing round will enable the company to scale from the batch processing of materials to commercial roll-to-roll production. BMW Group has set ambitious sustainability targets as it aims to reduce CO 2 emissions along the entire value chain.

BMW 435
article thumbnail

BMW i Ventures announces lead investment in Mangrove Lithium Series A; green lithium refining technology

Green Car Congress

BMW i Ventures announced a lead investment in the Series A-1 financing round of Vancouver-based Mangrove Lithium. BMW i Ventures is joined by existing investor Breakthrough Energy Ventures. BMW i Ventures is joined by existing investor Breakthrough Energy Ventures. —Kasper Sage, Managing Partner at BMW i Ventures.

BMW 243
article thumbnail

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.

Fusion 250
article thumbnail

Northvolt raises $1.B to support factory rollout plans in Europe; close to $8B since 2017

Green Car Congress

billion convertible note to finance its expansion of battery cell and cathode material production in Europe to support the rapidly expanding demand for batteries. Northvolt signed a $1.1-billion

2017 186
article thumbnail

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. In the next step, the facility in Moses Lake will convert the polyacrylic fibers into the actual carbon fibers. SGL Group holds 51% of the shares and the BMW Group 49%.

article thumbnail

[PRESS RELEASE] POLITICAL PARTIES – LET’S BACK EV POLICIES TO SAVE NEW ZEALAND MONEY

Drive Electric

By a margin of five to one, Kiwis say they are concerned about climate change and want the government to help people convert to less polluting vehicles. Drive Electric has a membership of over seventy leading organisations representing the convergence of the e-mobility ecosystem: finance, automotive, infrastructure, energy and government.

article thumbnail

More details about California’s proposal requiring bidirectional charging capabilities for all EVs

Charged EVs

What’s more, bidirectional charging is no hypothetical future technology—it’s here now, and it’s being used around the world in pilot projects and a few commercial-scale programs. In just a few years, every new EV, on both the consumer and commercial sides, is likely to be bi. Charged : Does SB 233 address commercial vehicles?

Charging 133