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Universal Hydrogen announces $20.5M in Series A funding to build and test full-scale hardware for hydrogen commercial aircraft

Green Car Congress

million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.

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Universal Hydrogen secures additional $62M in financing to accelerate first test flight of hydrogen-powered regional aircraft to 2022

Green Car Congress

The company anticipates entry into commercial service in 2025 with a certified retrofit conversion kit for existing ATR 72 and De Havilland Canada Dash-8 regional airliners and a green hydrogen fuel services offering. Full-scale prototype of Universal Hydrogen's gaseous hydrogen module, with one capsule removed.

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Smith Electric Vehicles and FDG form JV for commercial EVs in US; new joint EV platform

Green Car Congress

In addition, the JV will enter into an exclusive sourcing agreement for electric vehicles’ SKD (semi-knocked down) kits and electric vehicle battery with FDG, and the exclusive agreement of assembly and production with Smith respectively to entrust Smith to manufacture electric vehicles using FDG SKD kits and batteries.

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Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

Valence’s Saphion technology, commercially introduced in 2002, refers to the processes and materials used in developing the novel patented lithium iron magnesium phosphate cathode materials. One of Valence’s most prominent commercial vehicle customers is Smith Electric Vehicles. The USCAR/DOE long term goal is 5,000 cycles.

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A 100 m.p.g. truck? A Bright IDEA | Freep.com | Detroit Free Press

Tony Karrer Delicious EVdriven

For years now, inventors and sellers of electric car conversion kits have been blasting traditional automakers for not providing the 100 m.p.g. Bright is planning to sell its IDEA to commercial businesses only. Brights commercial truck, however, could actually make a big difference  even if you and I cant run out and buy one.

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Wall Street Report

Plug In Partners

The Electric Power Research Institute, which is financed by utilities, is sponsoring DaimlerChrysler's experiment with plug-in delivery vans. market-research firm, says the battery problem means plug-ins will appear first as commercial vehicles: "Stop-and-go city driving really takes advantage of this technology."

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Xerox Parc’s Engineers on How They Invented the Future—and How Xerox Lost It

Cars That Think

The ideas developed at PARC found their way into a number of commercial products, companies, and publications, shown here as leafy branches. The first personal computer developed in the United States is commonly thought to be the MITS Altair, which sold as a hobbyist’s kit in 1976. But Xerox resisted.

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