After laying off 9,000 workers last week, Tesla CEO Elon Musk sent a company-wide email in which he claimed an employee had committed "extensive and damaging sabotage" against the company. The news comes on the heels of another Musk tweet that congratulated employees for building the first all-wheel-drive Performance version of the Model 3 MORE
As policy, Daimler managers will be driving electrified company cars—mainly its plug-in hybrid (PHEV) models. Furthermore, Daimler this year will invest a further €30 million (US$34 million) into extending the company’s own charging infrastructure across many of its sites. The agreement applies to the company’s senior levels of management and focuses on plug-in hybrids. MORE
Expanding its strategic footprint in the field of New Energy Vehicles (NEV) in China, Daimler has acquired a 3.93% stake in Beijing Electric Vehicle Co., BJEV ), a BAIC Group subsidiary. MORE
Among the company’s current offerings are: emKERS. Punch Powertrain, a Belgium-based full-system supplier of fuel-efficient powertrains including transmissions and plug-in hybrid and battery-electric systems, is acquiring France-based power electronics expert Apojee. MORE
Sinobioway is a leading Chinese company engaged in the bio-economy. Enerkem’s facilities are built as prefabricated systems based on the company’s modular manufacturing infrastructure that can be deployed globally. Canada-based Enerkem Inc., MORE
Chanje, a California-based commercial electric vehicle and energy solutions company, has emerged from stealth mode. Chanje’s first model, the V8070 panel van, already has volume orders and will be delivered later this year. MORE
China is stepping up its pursuit of control of the lithium supply chain, underpinned by the rapid growth of its lithium-ion battery industry building on agressive policy surrounding electric vehicle sales, according to metals and mining consultancy Roskill. One of China’s largest lithium-ion battery manufacturers, CATL, recently acquired North American Lithium from past owner Jilin Jien Nickel Industry. MORE
Velocys plc, a company developing and commercializing smaller scale gas-to-liquids (GTL) technology, has suspended its Chief Executive Officer, Roy Lipski, pending an investigation into allegations of “serious misconduct.” In a statement, the company said that the suspension does not constitute disciplinary action and does not imply any assumption whatsoever that he is guilty of any misconduct. MORE
While Musk has now become synonymous with the electric-car brand, Tesla was actually founded by Martin Eberhard and Marc Tarpenning, who had previously founded and sold a eBook reader company. While both left the company in 2008, they have kept their hands in. In the beginning, there was Tesla, although it wasn't started by current CEO Elon Musk. MORE
We are excited to introduce industry veterans into our company structure to help prepare for the manufacturing rollout. —Trevor Milton, CEO, Nikola Motor Company. is completing a 150,000 square-foot R&D facility in Phoenix where the company will relocate by 1 August 2018. Once in Arizona, the company intends to begin development on the one million square-foot assembly plant in Buckeye, a Phoenix suburb. MORE
ePower Nordic AB was established in 2011 by Kongsberg Automotive and Swedish electronics company QRTECH to excel in the field of power electronics, meeting stringent requirements regarding quality, low weight and high power density. Lennart Garpenstedt, the ePower business unit head of Kongsberg Automotive, will become managing director of the future company Preh Sweden AB. MORE
When Chevron, or Phillips 66, or ExxonMobil or E&B oil companies give schools and nonprofits funding money they do it for one reason only. Sold them out to the very oil companies who are destroying their chance of having a decent future. MORE
Uber has acquired Otto , a 90-plus person technology startup the stated mission of which is to rethink transportation, starting with self-driving trucks. Anthony Levandowski, Otto’s co-founder, will now lead Uber’s self-driving efforts and report directly to Travis Kalanick, Uber CEO and Co-Founder—across personal transportation, delivery and trucking—in San Francisco, Palo Alto and Pittsburgh. MORE
Solid-state LiDAR company. Representing the Company’s largest capital raise to date, this round of funding will allow LeddarTech to enhance its ASIC development efforts, expand its R&D team, and accelerate ongoing LiDAR development programs with select Tier-1 automotive customers for rapid market deployment. LeddarTech ( earlier post ) completed a combined investment of US$101 million led by Osram and including Delphi, Magneti Marelli and Integrated Device Technology, Inc. MORE
Ricardo has created a company—Dolphin N2 Ltd—to commercialize its CryoPower cryogenic split-cycle engine technology ( earlier post , earlier post.) MORE
While some battery manufacturers are able to improve only one of the following properties—capacity, fast-charging or extended battery-life—StoreDot’s novel technology has optimized these three parameters simultaneously, the company says. BP Ventures has invested $20 million in Israel-based ultra-fast charging battery developer StoreDot. Earlier post.) MORE
The company recently showcased its powertrain technology alongside Mack Trucks at Waste Expo 2016 in Las Vegas and signed a $30+ million deal with NZ Bus, signaling multinational and multimodal demand for the company’s powertrain technology. Wrightspeed Inc., MORE
Porsche AG has taken a 10% stake in the technology and electric sports car company Rimac Automobili. As part of its electrification efforts, Porsche is seeking a development partnership with the young company. MORE
Antenna technology company Airgain, Inc. The company joins leading telecommunications and automotive companies with the aim of accelerating the penetration of the connected and autonomous car and intelligent fleet management. has become a member of the 5G Automotive Association ( 5GAA ). MORE
In-wheel electric drive company Protean Electric announced the completion of a $40-million equity investment as the initial closing of its Series E funding round. MORE
In a new Leaderboard Report , Navigant Research assesses the business strategy and execution of 12 companies offering public charging networks and EV charging services. Companies in the commercial charging space will face a transitional market over the next few years. MORE
Japan’s New Energy and Industrial Technology Development Organization (NEDO) has launched the second phase of a major solid-state Li-ion battery project in a quest to achieve both high energy density and safety in batteries for electric vehicles. NEDO set a target date of fiscal 2022 for the core technologies; prior NEDO work in solid-state battery research primarily engaged materials makers. MORE
VIA Motors, a privately held plug-in electric vehicle development and manufacturing company, has acquired Prodigy Engineering, an electric vehicle design, engineering and prototyping company. Prodigy has been under contract with VIA to prototype new vehicle models for the company’s expanding portfolio. VIA VTRUX deliver up to 40-mile battery range and unlimited extended range, averaging over 100 mpg in typical daily driving, according to the company. MORE
Qualcomm has made a strategic investment in Amionx, a leader in safe battery technology. As part of its investment, Qualcomm President Derek Aberle will join the board of directors of Amionx. MORE
Toyota will establish a new company in Tokyo in the latter part of this month named Toyota Research Institute-Advanced Development (TRI-AD) that will accelerate its efforts in advanced development for automated driving. Going forward, the three companies will hold further discussions, aiming to conclude a concrete joint development contract. That’s what TRI has been working for, and that’s what the new company will push even further. MORE
Australia-based Tritium, developer and manufacturer of the Veefil 50 kW DC fast charger for electric vehicles, will open its first overseas premises in Torrance, California in early 2017. The US facility will focus on technical customer support, assembly, manufacturing and R&D. The vast majority of our Veefil fast chargers are sold in the US, Europe and Asia. MORE
India-based Ola, one of the world’s largest ride-hailing companies, launched “ Mission: Electric ”, with a commitment to place 10,000 E-rickshaws and Electric auto-rickshaws in its service in the next 12 months. MORE
Italgas is renewing its entire company fleet with methane-powered vehicles from Fiat Chrysler Automobiles.The first deliveries have begun in Turin, with similar deliveries to be made in Rome and Naples—two of the main cities where the Italgas Group operates—over the next few days. MORE
Early in May major automakers, startups, technology companies and others came together to launch, MOBI, the Mobility Open Blockchain Initiative, to explore blockchain for use in a new digital mobility ecosystem that could make transportation safer, more affordable, and more widely accessible. MOBI is working with companies accounting for more than 70% of global vehicle production in terms of market share. MORE
The joint development agreement formalizes the cooperative relationship between the two companies. Achates Power, Inc. MORE
million) in Li-Sulfur battery company OXIS Energy. OXIS says that it has achieved 400 Wh/kg at the cell level; the company is targeting 500 Wh/kg for 2019. Aerotec, a Brazilian Private Equity fund, will invest £3.75 million (US$5.2 MORE
Thirteen leading energy, transport and industry companies have launched a global initiative in Davos to voice a united vision and long-term ambition for hydrogen to foster the energy transition. MORE
Slovenian company Elaphe has created in-wheel electric motors that have been tested in the worst conditions winter could throw at them. One of the main reasons we don't see production electric cars with motors in the wheels has been that wheels take a lot of abuse, bumping over broken pavement, driveways, sometimes even curbs, and slamming into MORE
The funds provided by Alstom will be used to accelerate the company growth and support the R&D program. Rail transport giant Alstom is investing €14 million (US$15 million), and thus taking a minority stake, in EasyMile, a start-up developing the EZ10 electric driverless shuttle. MORE
Cellulosic sugars company Renmatix has raised $14 million. The investment, intended to support the commercializing of the company’s Plantrose process, was led by Bill Gates. From this well established foundation in industrial sugars, the company continues to expand its product portfolio by valorizing additional bio building block intermediates, including Omno polymers and crystalline cellulose. MORE
As a result of discussions that began in May 2017, eleven companies in Japan have signed an agreement to form a new company in the spring of 2018 aimed at the full-fledged development of hydrogen recharging stations (HRS) for fuel cell vehicles (FCV). The objective of the new company is to enhance the collaboration among infrastructure developers, automakers, and financial institutions in order to simultaneously accelerate and scale up Japan’s deployment of HRS and FCV. MORE
Start-up ION Energy , a company building high-performance energy storage systems and electric vehicle infrastructure, has acquired the French battery management company, Freemens SAS. The company is planning a formal Series A later this year. As part of the cash-plus-equity transaction, the entire Freemens engineering and sales team willÚ join the core team of ION. MORE
Toyota Motor Corporation (TMC) will establish an in-house venture company responsible for developing electric vehicles (EVs). The venture company, which initially will be a virtual organization comprising four people—one each from Toyota Industries Corporation, Aisin Seiki Co., The venture company will draw on the technological know-how and resources of the Toyota Group. MORE
Tenneco also announced its intention to separate the combined businesses into two independent, publicly traded companies through a tax-free spin-off to shareholders that will establish an aftermarket & ride performance company and a powertrain technology company. MORE
has made an equity investment in Alta Motors , a leader and innovator in lightweight electric vehicles; the two companies will collaborate on electric motorcycle technology and new product development. Harley-Davidson, Inc. MORE
Renewable fuels and chemicals company Virent and petroleum refiner and marketer Tesoro have reached an agreement for Tesoro to become Virent’s new strategic owner. MORE
Catalytic pyrolysis company Anellotech, which focuses on producing cost-competitive BTX (benzene, toluene and xylene) from non-food biomass, revealed Toyota Tsusho Corporation as a multinational strategic equity investor and corporate partner in the renewable aromatic chemicals supply chain. MORE
Additionally, current Autotalks’ investors increased their investment in the company. As the USDOT issued NPRM (Notice for Proposed Rule Making) will soon be in effect, leading global automotive companies are ahead of regulation. As a result, Autotalks will continue to stay a step or two ahead of its competition as has been the case since the company’s inception. MORE
Companies Related Topics Green Car Congress
JUNE 21, 2018
Porsche AG has taken a 10% stake in the technology and electric sports car company Rimac Automobili. As part of its electrification efforts, Porsche is seeking a development partnership with the young company.
Creative Greenius
MAY 9, 2015
When Chevron, or Phillips 66, or ExxonMobil or E&B oil companies give schools and nonprofits funding money they do it for one reason only. Sold them out to the very oil companies who are destroying their chance of having a decent future.
Green Car Congress
OCTOBER 13, 2016
The company recently showcased its powertrain technology alongside Mack Trucks at Waste Expo 2016 in Las Vegas and signed a $30+ million deal with NZ Bus, signaling multinational and multimodal demand for the company’s powertrain technology. Wrightspeed Inc.,
Green Car Congress
NOVEMBER 14, 2016
In a new Leaderboard Report , Navigant Research assesses the business strategy and execution of 12 companies offering public charging networks and EV charging services. Companies in the commercial charging space will face a transitional market over the next few years.
Green Car Congress
FEBRUARY 1, 2018
Among the company’s current offerings are: emKERS. Punch Powertrain, a Belgium-based full-system supplier of fuel-efficient powertrains including transmissions and plug-in hybrid and battery-electric systems, is acquiring France-based power electronics expert Apojee.
Green Car Congress
DECEMBER 11, 2017
Antenna technology company Airgain, Inc. The company joins leading telecommunications and automotive companies with the aim of accelerating the penetration of the connected and autonomous car and intelligent fleet management. has become a member of the 5G Automotive Association ( 5GAA ).
Green Car Congress
JUNE 1, 2018
In-wheel electric drive company Protean Electric announced the completion of a $40-million equity investment as the initial closing of its Series E funding round.
Green Car Congress
MARCH 8, 2018
Expanding its strategic footprint in the field of New Energy Vehicles (NEV) in China, Daimler has acquired a 3.93% stake in Beijing Electric Vehicle Co., BJEV ), a BAIC Group subsidiary.
Green Car Congress
APRIL 11, 2018
Tenneco also announced its intention to separate the combined businesses into two independent, publicly traded companies through a tax-free spin-off to shareholders that will establish an aftermarket & ride performance company and a powertrain technology company.
Green Car Congress
DECEMBER 18, 2017
Italgas is renewing its entire company fleet with methane-powered vehicles from Fiat Chrysler Automobiles.The first deliveries have begun in Turin, with similar deliveries to be made in Rome and Naples—two of the main cities where the Italgas Group operates—over the next few days.
Green Car Congress
DECEMBER 12, 2017
As a result of discussions that began in May 2017, eleven companies in Japan have signed an agreement to form a new company in the spring of 2018 aimed at the full-fledged development of hydrogen recharging stations (HRS) for fuel cell vehicles (FCV). The objective of the new company is to enhance the collaboration among infrastructure developers, automakers, and financial institutions in order to simultaneously accelerate and scale up Japan’s deployment of HRS and FCV.
Green Car Congress
FEBRUARY 5, 2018
Start-up ION Energy , a company building high-performance energy storage systems and electric vehicle infrastructure, has acquired the French battery management company, Freemens SAS. The company is planning a formal Series A later this year. As part of the cash-plus-equity transaction, the entire Freemens engineering and sales team willÚ join the core team of ION.
Green Car Congress
MAY 20, 2014
VIA Motors, a privately held plug-in electric vehicle development and manufacturing company, has acquired Prodigy Engineering, an electric vehicle design, engineering and prototyping company. Prodigy has been under contract with VIA to prototype new vehicle models for the company’s expanding portfolio. VIA VTRUX deliver up to 40-mile battery range and unlimited extended range, averaging over 100 mpg in typical daily driving, according to the company.
Green Car Congress
MARCH 2, 2018
million) in Li-Sulfur battery company OXIS Energy. OXIS says that it has achieved 400 Wh/kg at the cell level; the company is targeting 500 Wh/kg for 2019. Aerotec, a Brazilian Private Equity fund, will invest £3.75 million (US$5.2
Green Car Congress
APRIL 16, 2018
India-based Ola, one of the world’s largest ride-hailing companies, launched “ Mission: Electric ”, with a commitment to place 10,000 E-rickshaws and Electric auto-rickshaws in its service in the next 12 months.
Green Car Congress
MARCH 1, 2018
has made an equity investment in Alta Motors , a leader and innovator in lightweight electric vehicles; the two companies will collaborate on electric motorcycle technology and new product development. Harley-Davidson, Inc.
Green Car Congress
JUNE 26, 2017
Additionally, current Autotalks’ investors increased their investment in the company. As the USDOT issued NPRM (Notice for Proposed Rule Making) will soon be in effect, leading global automotive companies are ahead of regulation. As a result, Autotalks will continue to stay a step or two ahead of its competition as has been the case since the company’s inception.
Green Car Congress
SEPTEMBER 7, 2016
Renewable fuels and chemicals company Virent and petroleum refiner and marketer Tesoro have reached an agreement for Tesoro to become Virent’s new strategic owner.
Green Car Reports
APRIL 10, 2018
While Musk has now become synonymous with the electric-car brand, Tesla was actually founded by Martin Eberhard and Marc Tarpenning, who had previously founded and sold a eBook reader company. While both left the company in 2008, they have kept their hands in. In the beginning, there was Tesla, although it wasn't started by current CEO Elon Musk.
Green Car Congress
APRIL 11, 2018
We are excited to introduce industry veterans into our company structure to help prepare for the manufacturing rollout. —Trevor Milton, CEO, Nikola Motor Company. is completing a 150,000 square-foot R&D facility in Phoenix where the company will relocate by 1 August 2018. Once in Arizona, the company intends to begin development on the one million square-foot assembly plant in Buckeye, a Phoenix suburb.
Green Car Congress
JUNE 4, 2018
Early in May major automakers, startups, technology companies and others came together to launch, MOBI, the Mobility Open Blockchain Initiative, to explore blockchain for use in a new digital mobility ecosystem that could make transportation safer, more affordable, and more widely accessible. MOBI is working with companies accounting for more than 70% of global vehicle production in terms of market share.
Green Car Congress
FEBRUARY 6, 2018
Sinobioway is a leading Chinese company engaged in the bio-economy. Enerkem’s facilities are built as prefabricated systems based on the company’s modular manufacturing infrastructure that can be deployed globally. Canada-based Enerkem Inc.,
Green Car Congress
MARCH 22, 2018
China is stepping up its pursuit of control of the lithium supply chain, underpinned by the rapid growth of its lithium-ion battery industry building on agressive policy surrounding electric vehicle sales, according to metals and mining consultancy Roskill. One of China’s largest lithium-ion battery manufacturers, CATL, recently acquired North American Lithium from past owner Jilin Jien Nickel Industry.
Green Car Congress
JANUARY 24, 2017
The funds provided by Alstom will be used to accelerate the company growth and support the R&D program. Rail transport giant Alstom is investing €14 million (US$15 million), and thus taking a minority stake, in EasyMile, a start-up developing the EZ10 electric driverless shuttle.
Green Car Congress
JUNE 21, 2017
Qualcomm has made a strategic investment in Amionx, a leader in safe battery technology. As part of its investment, Qualcomm President Derek Aberle will join the board of directors of Amionx.
Green Car Reports
JUNE 19, 2018
After laying off 9,000 workers last week, Tesla CEO Elon Musk sent a company-wide email in which he claimed an employee had committed "extensive and damaging sabotage" against the company. The news comes on the heels of another Musk tweet that congratulated employees for building the first all-wheel-drive Performance version of the Model 3
Green Car Congress
JUNE 17, 2018
Japan’s New Energy and Industrial Technology Development Organization (NEDO) has launched the second phase of a major solid-state Li-ion battery project in a quest to achieve both high energy density and safety in batteries for electric vehicles. NEDO set a target date of fiscal 2022 for the core technologies; prior NEDO work in solid-state battery research primarily engaged materials makers.
Green Car Congress
SEPTEMBER 16, 2016
Cellulosic sugars company Renmatix has raised $14 million. The investment, intended to support the commercializing of the company’s Plantrose process, was led by Bill Gates. From this well established foundation in industrial sugars, the company continues to expand its product portfolio by valorizing additional bio building block intermediates, including Omno polymers and crystalline cellulose.
Green Car Congress
NOVEMBER 27, 2017
ePower Nordic AB was established in 2011 by Kongsberg Automotive and Swedish electronics company QRTECH to excel in the field of power electronics, meeting stringent requirements regarding quality, low weight and high power density. Lennart Garpenstedt, the ePower business unit head of Kongsberg Automotive, will become managing director of the future company Preh Sweden AB.
Green Car Congress
JANUARY 15, 2018
The joint development agreement formalizes the cooperative relationship between the two companies. Achates Power, Inc.
Green Car Congress
NOVEMBER 17, 2016
Toyota Motor Corporation (TMC) will establish an in-house venture company responsible for developing electric vehicles (EVs). The venture company, which initially will be a virtual organization comprising four people—one each from Toyota Industries Corporation, Aisin Seiki Co., The venture company will draw on the technological know-how and resources of the Toyota Group.
Green Car Congress
JANUARY 17, 2017
Thirteen leading energy, transport and industry companies have launched a global initiative in Davos to voice a united vision and long-term ambition for hydrogen to foster the energy transition.
Green Car Congress
AUGUST 10, 2017
Chanje, a California-based commercial electric vehicle and energy solutions company, has emerged from stealth mode. Chanje’s first model, the V8070 panel van, already has volume orders and will be delivered later this year.
Green Car Congress
SEPTEMBER 7, 2017
Solid-state LiDAR company. Representing the Company’s largest capital raise to date, this round of funding will allow LeddarTech to enhance its ASIC development efforts, expand its R&D team, and accelerate ongoing LiDAR development programs with select Tier-1 automotive customers for rapid market deployment. LeddarTech ( earlier post ) completed a combined investment of US$101 million led by Osram and including Delphi, Magneti Marelli and Integrated Device Technology, Inc.
Green Car Congress
MARCH 2, 2018
Toyota will establish a new company in Tokyo in the latter part of this month named Toyota Research Institute-Advanced Development (TRI-AD) that will accelerate its efforts in advanced development for automated driving. Going forward, the three companies will hold further discussions, aiming to conclude a concrete joint development contract. That’s what TRI has been working for, and that’s what the new company will push even further.
Green Car Congress
JULY 6, 2015
Velocys plc, a company developing and commercializing smaller scale gas-to-liquids (GTL) technology, has suspended its Chief Executive Officer, Roy Lipski, pending an investigation into allegations of “serious misconduct.” In a statement, the company said that the suspension does not constitute disciplinary action and does not imply any assumption whatsoever that he is guilty of any misconduct.
Green Car Congress
AUGUST 18, 2016
Uber has acquired Otto , a 90-plus person technology startup the stated mission of which is to rethink transportation, starting with self-driving trucks. Anthony Levandowski, Otto’s co-founder, will now lead Uber’s self-driving efforts and report directly to Travis Kalanick, Uber CEO and Co-Founder—across personal transportation, delivery and trucking—in San Francisco, Palo Alto and Pittsburgh.
Green Car Congress
FEBRUARY 16, 2016
As policy, Daimler managers will be driving electrified company cars—mainly its plug-in hybrid (PHEV) models. Furthermore, Daimler this year will invest a further €30 million (US$34 million) into extending the company’s own charging infrastructure across many of its sites. The agreement applies to the company’s senior levels of management and focuses on plug-in hybrids.
Green Car Congress
OCTOBER 28, 2016
Australia-based Tritium, developer and manufacturer of the Veefil 50 kW DC fast charger for electric vehicles, will open its first overseas premises in Torrance, California in early 2017. The US facility will focus on technical customer support, assembly, manufacturing and R&D. The vast majority of our Veefil fast chargers are sold in the US, Europe and Asia.
Green Car Congress
JULY 11, 2016
Catalytic pyrolysis company Anellotech, which focuses on producing cost-competitive BTX (benzene, toluene and xylene) from non-food biomass, revealed Toyota Tsusho Corporation as a multinational strategic equity investor and corporate partner in the renewable aromatic chemicals supply chain.
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