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Jing-Jin Electric and Allison Transmission partner to accelerate development of commercial vehicle electrified powertrain solutions for global markets

Green Car Congress

Allison brings more than 100 years of experience in building reliable and valued propulsion solutions, including two decades of electrified propulsion systems development and commercialization. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.

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Electric commercial vehicle company SEA Electric raises $42M; partnership with Exro

Green Car Congress

The net proceeds from the investment will allow SEA Electric to solidify its position in the electrification of commercial vehicles while funding its backlog and facilitating more pilot programs with operators. The company forecast is to have more than 15,000 vehicles on the road by the end of 2023.

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Electrolyzer company Hystar raises US$26M to scale up to full commercial operations

Green Car Congress

Hystar AS, a Norway-based electrolyzer company, announced a Series B funding round of US$26 million to support the scale-up to full commercial operations with an automated GW-capacity production line by 2025. Hystar’s patented technology is targeting hard-to-abate sectors at scale, such as steel, ammonia, and heavy-duty transportation.

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Pony.ai receives a taxi license in China; commercialization of robotaxi services

Green Car Congress

Pony.ai, a global autonomous driving technology company, announced it is the first autonomous driving (AD) company to obtain a taxi license in China. robotaxi currently retains a safety driver, the company expects to remove the driver over the short- to intermediate-time frame. In May, Pony.ai While the Pony.ai

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WEVC eCV1 Electric Van Makes Global Debut At The Commercial Vehicle Show

Electric Cars Report

Watt Electric Vehicle Company (WEVC) revealed its light electric van at the Commercial Vehicle Show. Following the signing […] The post WEVC eCV1 Electric Van Makes Global Debut At The Commercial Vehicle Show appeared first on Electric Cars Report.

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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

Green Car Congress

Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). The proceeds from this capital investment will further the company’s commercialization efforts of its direct lithium extraction and refinery technologies.

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SK invests in electrofuels company Infinium

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The investment will support acceleration of Infinium’s commercial developments globally. SK Trading International (SKTI), a wholly owned subsidiary of SK Innovation, has closed a round of institutional funding into electrofuels developer Infinium. Earlier post.)

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