article thumbnail

Hyundai Motor Group to acquire controlling interest in mobile robot firm Boston Dynamics

Green Car Congress

Hyundai Motor Group will acquire a controlling interest in the mobile robot firm Boston Dynamics from Softbank in a deal that values Boston Dynamics at $1.1 Boston Dynamics is the established leader in developing agile, mobile robots that have been successfully integrated into various business operations. Hyundai Mobis Co.

Boston 475
article thumbnail

Vale joins Boston Metal Series B; developing MOE for emissions-free steel

Green Car Congress

Boston Metal, an MIT spin-off working to commercialize molten oxide electrolysis (MOE) for emissions-free metals and alloys production, announced that Vale and Energy Impact Partners have joined its Series B fundraising, closely following a $50M close announced in January. —Tadeu Carneiro, Chairman and CEO of Boston Metal.

Boston 243
article thumbnail

BMW Group invests in MOE company Boston Metal; CO2-free steel production

Green Car Congress

The BMW Group company is investing in an innovative method for CO 2 -free steel production developed by American startup Boston Metal ( earlier post ), through its venture capital fund, BMW i Ventures. Boston Metal is commercializing molten oxide electrolysis (MOE), a patented tonnage metals production platform.

Boston 246
article thumbnail

Li-ion maker Boston-Power launches module system for EV and ESS applications; no-weld integration

Green Car Congress

Li-ion battery maker Boston-Power Inc. earlier post ) recently launched its Ensemble Module System; a “kit” of standard components that provides OEMs and pack assemblers with a simple, cost-effective way to assemble large format battery pack solutions for electric vehicle (EV) and energy storage system (ESS) applications.

Boston 275
article thumbnail

Electra raises $85M to advance Low-Temperature Iron process; electrochemical refining at 60?C

Green Car Congress

Electra has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. Electra’s process emits zero carbon dioxide emissions and carries zero green premium, meaning it will cost the same or less than existing production methods powered by fossil fuels.

Coal 360
article thumbnail

XL Fleet partnering with Curbtender to develop all-electric and plug-in hybrid refuse trucks

Green Car Congress

has entered into a strategic partnership with Curbtender , a market leader in Under CDL (vehicles that do not require a Commercial Drivers License) refuse trucks and a pioneer in automated side-loader collection. XL Fleet Corp. Curbtender Quantum. Refuse collection trucks travel 25,000 miles annually on average and contribute around 1.4%

Plug-in 418
article thumbnail

DOE awarding >$24M to 77 projects through Technology Commercialization Fund

Green Car Congress

The US Department of Energy (DOE) announced more than $24 million in funding for 77 projects supported by the Office of Technology Transitions (OTT) Technology Commercialization Fund (TCF). Commercializing 3D Printable Feedstocks for the Advanced Manufacturing of Energy Products, $300,000 MilliporeSigma, St. Louis , Mo.