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Hyundai Motor partners with regional firms to establish H2 fuel cell commercial vehicle ecosystem in China

Green Car Congress

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai believes China has a massive potential for hydrogen powered commercial vehicles. —In Cheol Lee, Executive Vice President and Head of Commercial Vehicle Division at Hyundai Motor.

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ChargePoint acquires eBus and commercial vehicle management provider ViriCiti to accelerate fleet electrification

Green Car Congress

ChargePoint Holdings, a leading electric vehicle (EV) charging network operating in North America and Europe, has acquired ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets. IMPROVED Corporate Finance B.V. Jose Serras-Pereira, Director – Advisory, Mobility Group, Frost & Sullivan.

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Group14 closes $18M in financing to scale-up silicon-carbon composite anode material

Green Car Congress

Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

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CO2-to-chemicals company Liquid Light raises $15M Series B financing; process scale-up and application validation

Green Car Congress

Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

The issuance of conditional commitment by the DOE was preceded by legal, technical and commercial due diligence by the LPO to evaluate the loan and the project’s potential to meet market demand and commercial and environmental benchmarks.

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Mangrove raises $3M from BDC Capital to accelerate deployment of battery-grade lithium processing systems

Green Car Congress

Canada-based Mangrove Lithium closed a $3-million financing from BDC Capital’s Cleantech Practice. Mangrove is the developer of a modular platform for the cost-effective production of battery-grade lithium hydroxide. The platform technology is also being commercialized for conversion of waste brines to chemicals and desalinated water.

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A Mars rover scientist is about to scale carbon-oxygen batteries

Electrek

Noon Energy , which has developed “ultra-low-cost, high energy density carbon-oxygen battery technology for long-duration energy storage” for solar and wind power, today announced that it’s secured $28 million in Series A financing to commercialize its technology.

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