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GM invests in AI and battery materials company Mitra Chem; advanced iron-based CAMs

Green Car Congress

General Motors is leading a $60-million Series B financing round in Mitra Chem , a Silicon Valley-based, AI-enabled battery materials innovator. Iron-based cathodes are cheaper, cleaner, and safer than legacy battery technologies such as NMC and NCA that exist today, but are less energy-dense than Ni/Co-based ternary cathodes.

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Rio Tinto makes US$10M strategic equity investment in Nano One; strategic partnership on cathode materials

Green Car Congress

This partnership and funding will accelerate Nano One’s multi-cathode (multi-CAM) commercialization strategy and support cathode active materials (CAM) manufacturing in Canada for a cleaner and more efficient battery supply chain for North American and overseas markets. per share in a non-brokered private placement.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. The proposed solicitation will cover a broad range of advanced fossil energy projects. A proposal for existing plants is due in 2014, with targeted file rule in 2015. A Federal Quadrennial Energy Review.

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GSRTC flags off Switch EiV 22 double decker buses for sustainable urban transit in Gujarat | Autocar Professional

Baua Electric

Bhupendrabhai Patel, Hon’ble Chief Minister of the Government of Gujarat, at Gujarat International Finance Tec-City (GIFT City), signifying a significant stride toward shaping the future of sustainable urban mobility. Equipped with advanced lithium-ion NMC chemistry, the 231 kWh battery pack offers an impressive 250 km range per day.

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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

Green Car Congress

It means lost jobs and economic opportunities today, as well as lost energy supply that we might well need tomorrow once the economy recovers. Companies with weakened balance sheets and more uncertain demand outlooks are cutting back on investment while projects are also being hampered by lockdowns and disrupted supply chains.

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Musashi appoints Naoya Nishimura as CEO for India, Africa region – ET Auto

Baua Electric

Nishimura’s expertise will help Musashi India steer through new challenges faced by OEMS in terms of fast-paced growth and capex-hungry financing requirements” Naoya Nishimura said, “I’m excited to join Musashi’s journey at this pivotal moment in shaping India’s sustainable mobility future.

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How Eco-Friendly Transportation Boosts Business Success

Clean Fleet Report

This year, sustainability reporting and sustainable finance are among the top trends in international businesses. Automotive Industry The automotive industry can benefit from eco-friendly transportation methods by using green automotive supply chains.