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High-power battery company MOBIUS.energy secures $50M investment commitment from GEM

Green Car Congress

MOBIUS.energy Corporation secured a $50-million investment commitment from GEM Global Yield LLC SCS, a $3.4-billion, MOBIUS has issued warrants to GEM, exercisable upon public listing, to purchase up to 3% of the common stock of the company. billion, Luxembourg-based private alternative investment group.

Companies 243
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How Corporations Can Help the U.S. Reach its EV Goals

Clean Fleet Report

How Corporations Can Help the U.S. Reach its EV Goals A Look at the Pathway & Companies’ Role U.S. Meanwhile, the electrification of city- and corporate-owned vehicles has been dominating recent headlines. And large corporations like Amazon aren’t the only ones currently converting their fleets from gas to electric.

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Isuzu, Hino, Toyota partner to accelerate CASE technologies for commercial vehicles; new JV

Green Car Congress

Toyota, Toyota’s truck division Hino, and Isuzu are establishing a partnership in commercial vehicles to collaborate in CASE technologies: connected, autonomous, shared and electric driving technologies. The three companies intend to combine Toyota’s CASE technologies with the commercial vehicle foundations cultivated by Isuzu and Hino.

Isuzu 186
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‘‘Retrofitting can be a better option than investing in new commercial vehicles’’ | Autocar Professional

Baua Electric

Anshu Dewan: In India, the market is yet to realise its commercial potential and is currently at a nascent stage. Anshu Dewan: Retrofitting can be a more economical option compared to purchasing new vehicles, especially for fleet operators or owners of older vehicles. What are the key advantages of the conversion?

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Evicted — electric tractor company Solectrac hasn’t made rent in months

Baua Electric

Ideanomics -backed electric farm tractor builders Solectrac offered farmers quiet, clean, and reliable operation with mountains of torque – but the latest news out of California is all bad as the company faces eviction and its dealers abandon the brand. Adding, “I think they got tied to a corporation and couldn’t keep up.”

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Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development

Green Car Congress

Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). and Irvine, Calif.

Motor 334
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Novozymes acquiring industrial enzyme business from Canadian Iogen Corporation

Green Car Congress

Novozymes is acquiring Iogen Bio-Products, the industrial enzyme business of Ottawa-based Iogen Corporation for C$67.5 The deal provides Novozymes with all commercial rights to Iogen Bio-Products’ existing product portfolio, pipeline, facilities and know-how. Novozymes acquires all of Iogen Corporation’s industrial enzyme business.