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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

Green Car Congress

Ten leading German corporations are jointly founding the Quantum Technology and Application Consortium ( QUTAC ). At the time of its founding, the consortium includes BASF, BMW Group, Boehringer Ingelheim, Bosch, Infineon, Merck, Munich Re, SAP, Siemens, and Volkswagen. QUTAC’s vision is to drive such a quantum computing ecosystem.

BMW 221
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Penske Truck Leasing joins CharIN to promote electric commercial vehicle charging standards

Green Car Congress

Penske will focus its attention on helping to promote electric vehicle charging standards for commercial vehicles in North America by participating with the group’s “High Power Charging for Commercial Vehicles Task Force” (HPCCV Task Force). Penske Truck Leasing is the first in its industry to join the CharIN organization. CharIN e.V)

Standards 170
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WiTricity raises $34M in venture capital, including strategic investment from Mitsubishi

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Stage 1 Ventures led the round with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its US subsidiary, Mitsubishi Corporation (Americas). Mitsubishi Corporation’s investment in WiTricity reflects an innovative vision for the future of smart cities.

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Skeleton Technologies to partner with Marubeni to bring its graphene SuperBattery to Asian automotive market

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Enabling carbon-neutral electrification is a key priority for Marubeni Corporation. The company has validated its competitive advantage in real-life applications and has shown strong commercial traction. —Masayuki Omoto, COO of Next Generation Business Development Division of Marubeni Corporation. million ($48.5

Market 257
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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. billion.

Fusion 250
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Umicore announces equity investment in solid-state battery company Solid Power

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Solid Power’s all-solid-state batteries alleviate the two largest concerns for passenger EV adoption: cost and range anxiety, with an expected 50 to 75% increase in energy density compared to any commercially available lithium-ion battery today. Cash proceeds to Solid Power will be used to fund operations and support Solid Power’s growth.

Companies 207
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WiTricity extends recent funding for a total of $52M

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Stage 1 Ventures led the first tranche of $34 million with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its US subsidiary, Mitsubishi Corporation (Americas). The technology can already be seen in action with McLaren’s Speedtail Hyper-GT and the BMW 530e iPerformance.