The Boring Company posts stats from CES 2022

Teslarati

The Boring Company (TBC) released a few stats on the Las Vegas Convention Center (LVCC) Loop’s performance during CES 2022. In preparation for the event, The Boring Company increased the LVCC Loop’s Tesla fleet.

Major companies with large fleets release new EV roadmap for car & truck manufacturers

Green Car Congress

Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years.

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E-bike company Ariel Rider raises $14.8M in Series A

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million in a Serie A round, which puts the company’s valuation at US$74.0 Seattle-based e-bike manufacturer Ariel Rider has raised US$14.8 million.

V2X company Fermata Energy raises $40M in recent round

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Fermata Energy, a vehicle-to-everything (V2X) technology services provider, recently raised $40 million to accelerate the company’s growth with investment from new partners, including funds managed by global investment firm Carlyle and Verizon Ventures. The company’s V2X software technology aims to transform electric vehicles into energy-storage assets, making EV ownership more cost effective.

Amazon invests in electrofuels company Infinium

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Infinium Electrofuels have the potential to help investor Amazon and other companies to decarbonize their operations and meet their net-zero carbon goals.

The Metals Company completes latest deep-sea research campaign

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In 2022, the Company will conduct an initial Prototype Collector Vehicle maneuverability test in the Atlantic Ocean, followed by pilot collection system trials in the CCZ later in the year. TMC’s NORI-D nodule project is the first in the company’s project development pipeline.

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The Boring Company shares sneak peek of Prufrock-1 constructing the Vegas Loop Resorts World exit

Teslarati

The Boring Company (TBC) provided a sneak peek into the Vegas Loop project after the LVCC Loop’s outstanding performance during CES 2022. The tunneling company showed Prufrock-1’s progress with the Resorts World exit.

The Boring Company Vegas Loop gets approval from Commissioners

Teslarati

The Clark County Nevada Commissioners Board recently approved The Boring Company’s (TBC) Vegas Loop franchise agreement, marking another milestone in the project. As per the agreement, the tunneling company has permission to install and operate a Monorail part of the Vegas Loop.

Vaekstfonden and DEUTZ AG invest €15M in methanol fuel cell company Blue World Technologies

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Vaekstfonden, the Danish Growth Fund, and the German engine manufacturer DEUTZ AG, are investing €15 million in methanol fuel cell company Blue World Technologies. The aim is to bring the company’s green fuel cell products and solutions to the global market. million in the company.

Uranium Energy Corp completes acquisition of Uranium One Americas; largest uranium mining company in US

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The uranium-bearing solution is brought back to surface through production wells where the uranium is concentrated on resin beads for trucking to the company’s Hobson Processing Plant to be concentrated further and dried into yellowcake for market. Uranium Energy Corp.

Mercedes-Benz acquires electric motor technology company YASA

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Mercedes-Benz has acquired YASA, a pioneer in next-generation electric drive technology.

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Direct lithium extraction company EnergyX secures $20M in funding commitments

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Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market.

Toshiba splitting into three companies; first such spin-off scheme for a Japanese company of this size

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Toshiba Corporation intends to split itself into three standalone companies: Infrastructure Service Co. The separation will create two distinctive companies with unique business characteristics leading their respective industries in realizing carbon neutrality and infrastructure resilience (Infrastructure Service Co.), During its review, the SRC sought input from shareholders on the company’s strategic direction and held discussions with a number of potential partners.

Boring Company San Antonio project gets some competition

Teslarati

The Boring Company’s (TBC) potential San Antonio project has some competition. The Alamo RMA received five proposals in total, including one from The Boring Company. from North Carolina, and a software company Modutram from Mexico. . News Elon Musk Featured The Boring Company

Havyard establishes company for hydrogen power for ships

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For several years now, the Norway-based marine and maritime technology company Havyard Group has carried out research and development work on hydrogen propulsion for large vessels, for example through the Pilot E project, in order to develop a large-scale maritime hydrogen project.

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Koura acquires organosilicon electrolyte company Silatronix

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Koura , a developer, manufacturer, and supplier of fluoroproducts and technologies and part of the Orbia community of companies, has signed a definitive agreement to acquire Silatronix , a specialist in organosilicon (OS) electrolytes ( earlier post ). The company is executing on a comprehensive energy materials strategy; the Silatronix acquisition complements Koura’s capabilities in energy storage deployment.

Girteka Logistics becomes one of the first companies to be recognized as a Green Carrier by DHL

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The largest asset-based transportation company in Europe, Girteka Logistics, was one of the first road freight transport companies to be given the Green Carrier Certificate by one of its partners, DHL.

The Boring Company’s LVCC Loop ramps to 70 cars as CES 2022 kicks off

Teslarati

The Boring Company’s (TBC) Las Vegas Convention Center (LVCC) Loop in Sin City recently increased its Tesla fleet to 70 vehicles as part of its efforts to cater to the influx of visitors attending CES 2022. . News Featured LVCC Loop The Boring Company

Solvay invests in Li-metal battery company Sepion

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Solvay Ventures, the venture capital fund of Solvay, invested in Sepion, a California-based start-up that specializes in advanced membranes for batteries with Li-metal anodes and liquid electrolytes.

The Boring Company expands its reach with wider freight tunnels

Teslarati

Elon Musk’s Boring Company might be working on 21 ft tunnels to transport standard-sized freights side-by-side. Wider tunnels could expand The Boring Company’s business. Fits a standard shipping container (barely)[!],” wrote The Boring company in its description of the freight tunnel.

The Boring Company proposes tunnels in Austin and San Antonio

Teslarati

Elon Musk’s The Boring Company (TBC) has started discussing potential tunneling projects in Austin and San Antonio with city officials. Elon Musk’s Boring Company linked to 73-acre purchase in Texas. The Boring Company was no exception.

The Boring Company gets shot at exclusive negotiations for Las Olas Loop in Fort Lauderdale

Teslarati

The Boring Company (TBC) has a chance to start exclusive negotiations with Fort Lauderdale city officials for its proposed Las Olas Loop. . In July, Fort Lauderdale accepted The Boring Company’s Las Olas Loop proposal but gave other firms 45 days to submit competing bids.

Nikola delivers first Nikola Tre battery-electric trucks to port drayage company TTSI

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TTSI), one of Southern California's prominent port trucking companies, to expedite zero-emission transportation solutions at the ports of Los Angeles and Long Beach.

Harley-Davidson to spin-out LiveWire electric motorcycle division as public company via SPAC; $545M in proceeds

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ABIC), a special purpose acquisition company (SPAC), have entered into a definitive business combination agreement under which ABIC will combine with LiveWire, Harley-Davidson’s electric motorcycle division ( earlier post ), to create a new publicly traded company.

BMW Group investing in lithium extraction company Lilac Solutions

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New investors in the round in addition to BMW include SK Materials, Presidio Ventures (a Sumitomo Corporation Group Company), MCJ Collective, and Earthshot Ventures. The company seeks to significantly reduce environmental impact compared to conventional methods, while, at the same time, protecting local communities and ecosystems. The BMW Group has made sustainability and resource efficiency central to the company’s strategic direction.

Volkswagen Group creates European company for its battery business

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Volkswagen is establishing a European company (Société Européenne) to consolidate activities along the value chain for batteries—from processing raw materials to developing a unified Volkswagen battery to managing the European gigafactories. The company’s scope will include new business models based around reusing discarded car batteries and recycling the valuable raw materials they contain.

Sodium-ion battery cathode company Altris opens China office

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Swedish battery materials company Altris AB, which specializes in producing highly sustainable cathode materials for rechargeable sodium batteries, has officially opened its first office in China. The Guangzhou-based team will work to promote the company’s innovative cathode material, Fennac, to the Chinese market, as well as provide tailored local support to new and existing customers. The company is also planning to scale up production of Fennac to an industrial level in 2022.

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SK makes strategic investment in clean hydrogen company Monolith; “cyan hydrogen”

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Nextera, the largest power generation and renewable energy development company in the United States, also participated in the round. SK says Monolith is the only company with cyan hydrogen process technology that has entered the commercialization stage.

Elon Musk’s Boring Company linked to 73-acre purchase in East Texas

Teslarati

Elon Musk’s Boring Company has been linked to a 73-acre land purchase in Bastrop County, Texas. The Boring Company (TBC) already established an office building in Pflugerville. The Boring Company and Gapped Bass LLC are closely linked to each other.

The Boring Company Fort Lauderdale Loop will cost as much as a ‘cup of coffee’

Teslarati

The Boring Company (TBC) and Fort Lauderdale continue to negotiate the terms for the Las Olas Loop project which is expected to help the city with congestion. In October, the Fort Lauderdale Commission voted 4-1 to proceed with The Boring Company’s Las Olas Loop proposal.

The Boring Company proposes underground Loop for Fort Lauderdale

Teslarati

Trantalis announced that The Boring Company (TBC) has submitted a proposal to build an underground transit system in the city. Since the beginning of the year, Mayor Trantalis has communicated with The Boring Company for a potential project in New River. Fort Lauderdale Mayor Dean J.

Saga Pure takes 33% stake in liquid hydrogen storage technology company

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Norway-based Green inverstment company Saga Pure ASA has committed to subscribe for NOK 30 million (US$3.5 Following the private placement, Saga will have an ownership of approximately 33% in the company.

Windows giant Andersen leads $30M funding of solar window company

Electrek

US window manufacturing giant Andersen Corporation is leading a series B $30 million funding round of solar window company Ubiquitous Energy. more… The post Windows giant Andersen leads $30M funding of solar window company appeared first on Electrek.

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Cummins invests in lithium-metal battery company Sion Power, multi-year development agreement

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The investment provides Cummins a minority stake in Sion Power, allows Sion Power to develop their lithium metal technology further for the commercial vehicle market, and positions both companies for success in the future commercialization of the technology. —Amy Davis, vice president at Cummins and president of the company’s New Power segment. Cummins Inc.

EV subscription company Autonomy launches Tesla Model 3 rental fleet

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Autonomy, a company owned by vehicle subscription platform NextCar, has launched a new electric and zero-emissions vehicle subscription program with the Tesla Model 3. The company plans to expand rapidly, and California was its first choice due to the concentration of EVs in the market.

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Si-anode company NEO Battery Materials to partner with Korea Metal Silicon

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KMS has been building a record of securing commercial supply contracts for its silicon powders from more than 20 companies located in South Korea and Japan. The company leverages a proprietary cost-effective process to produce a wide range of silicon powder materials.

The Boring Company’s Las Olas Loop proposal for Fort Lauderdale gets accepted

Teslarati

Trantalis announced that the city formally accepted The Boring Company’s (TBC) proposal for a transit system called The Las Olas Loop. However, it seems The Boring Company pitched a much bigger project leading up to the beach. Fort Lauderdale Mayor Dean J.

Daimler to split into two pure-play companies: cars & vans, trucks & buses

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Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. It represents the start of a profound reshaping of the company.

Electric companies form National Electric Highway Coalition to develop national fast-charging network

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To date, EEI’s member companies have invested more than $3 billion in customer programs and projects to deploy EV charging infrastructure and to accelerate electric transportation.

eVTOL company Archer enters agreement with USAF to collaborate on flight testing

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Archer Aviation, a developer of all-electric vertical takeoff and landing (eVTOL) aircraft, announced an agreement with the United States Air Force (USAF) to establish a collaborative strategy to explore the technical readiness and suitability of Archer’s eVTOL aircraft for USAF purposes.

The Boring Company’s LVCC Loop gets positive reviews from first public passengers

Teslarati

The Boring Company’s LVCC Loop has received reviews from its first round of public passengers, and they are quite positive. The post The Boring Company’s LVCC Loop gets positive reviews from first public passengers appeared first on TESLARATI.

First Look at a ride inside the Boring Company’s LVCC Loop as testing begins

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Elon Musk’s Boring Company performed capacity testing in Las Vegas at its Las Vegas Convention Center Loop yesterday as the Sin City prepares to reopen with no restrictions on June 1st.

The Boring Company opens registrations to test ride the LVCC Loop

Teslarati

The Boring Company has opened registrations for volunteers who want to test ride the Las Vegas Convention Center (LVCC) Loop. The Boring Company will be conducting a Vegas Loop Capacity Test with the volunteers. ” noted the company in its invitation.