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KLD Energy completes $10M convertible debt offering, bringing total capital raised to almost $26M

Green Car Congress

KLD’s first production-ready technology is a new electric motor system, with initial commercial application in electric scooters and motorcycles. Today, KLD has commercial agreements with Eclimo Sdn Bhd of Malaysia and Australia-based Vmoto Ltd., A battery laminate extends battery life and reduces the cost of service.

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Texas Emerging Technology Fund awards KLD Energy Technologies $2.8M to support commercialization of electric drive system

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The company will leverage the funding to accelerate the commercialization of its high-performance electric drive system, execute its expansion strategy and introduce its products to new markets. KLD also recently signed an agreement to provide the KLD drive system to Malaysia-based EcLimo, a leading vehicle manufacturer.

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New line of electric scooter to feature KLD Energy motor system

Green Car Congress

The new scooters will be available in Malaysia later in the year. The financing provides strategic funds to leading companies as part of the nation’s efforts to support the commercialization of new environmentally progressive technologies.

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