Porsche takes 10% stake in the electric technology and sports car company Rimac; development partnership

Green Car Congress

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.

2018 113

This Is Why You Don’t Take Money From Oil Companies For Your Schools

Creative Greenius

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.

2015 202

Trending Sources

HD REV powertrain company Wrightspeed gearing up for commercialization push

Green Car Congress

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.,

2016 159

Navigant Research ranks EV charging network companies

Green Car Congress

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.

2016 101

Clean powertrain company Punch Powertrain acquires power electronics specialist Apojee

Green Car Congress

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.

2018 95

Antenna company Airgain joins 5G Automotive Association

Green Car Congress

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 ).

In-wheel electric drive company Protean Electric raises $40M; JV with Weifu

Green Car Congress

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.

2018 85

Daimler takes 3.93% stake in Beijing Electric Vehicle Company

Green Car Congress

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.

2018 78

Tenneco acquires Federal-Mogul for $5.4B; to create two independent, public companies

Green Car Congress

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.

2018 90

Italgas switching 2,500-vehicle company fleet to FCA natural gas vehicles

Green Car Congress

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.

2017 78

11 Japanese auto, infrastructure and financial companies establishing new company to develop hydrogen stations

Green Car Congress

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.

2017 60

ION Energy acquires battery management company Freemens SAS

Green Car Congress

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.

2018 73

PHEV company VIA acquires automotive engineering company

Green Car Congress

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.

Brazil’s Aerotec to invest ~$5M in Li-S battery company OXIS Energy; expanding into Brazil

Green Car Congress

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

2018 95

Indian ride-sharing company Ola to put 10,000 EVs on the road in 12 months, 1M by 2021

Green Car Congress

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.

2018 106

Harley-Davidson invests in Alta Motors; companies will collaborate on future electric motorcycle product development

Green Car Congress

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.

2018 98

Toyota invests in V2X chipset company Autotalks

Green Car Congress

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.

2017 60

Tesoro to acquire renewable fuels company Virent

Green Car Congress

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.

2016 78

Tesla founder, Chinese company launch SF Motors electric cars

Green Car Reports

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.

2018 72

Nikola Motor Company hires Jesse Schneider from BMW as hydrogen and fuel cell technologies VP

Green Car Congress

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.

2018 81

Major automakers, startups, technology companies and others launch Mobility Open Blockchain Initiative (MOBI)

Green Car Congress

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.

2018 65

Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

Green Car Congress

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.,

2018 95

Roskill: Chinese companies step up their pursuit of lithium resources

Green Car Congress

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.

2018 60

Alstom invests €14M in electric autonomous shuttle company EasyMile

Green Car Congress

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.

2017 90

Qualcomm makes strategic investment in safe battery technology company Amionx

Green Car Congress

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.

2017 85

First Tesla Model 3 Performance AWD built; Musk claims company was "sabotaged"

Green Car Reports

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

2018 61

Japan NEDO launches major $90M solid-state Li-ion battery project targeting EVs; 23 companies, 15 universities/research institutes

Green Car Congress

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.

2018 76

Cellulosic sugars company Renmatix raises $14M from Bill Gates, Total

Green Car Congress

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.

2016 87

Preh acquires power electronics company ePower from Kongsberg Automotive

Green Car Congress

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.

2017 60

Achates Power and Aramco Services Company partner on opposed-piston engine projects; Opposed-Piston Gasoline Compression Ignition (OPGCI)

Green Car Congress

The joint development agreement formalizes the cooperative relationship between the two companies. Achates Power, Inc.

2018 109

Toyota to establish in-house venture company for EV development

Green Car Congress

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.

2016 76

13 global companies launch Hydrogen Council in Davos; promoting hydrogen to help meet climate goals

Green Car Congress

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.

2017 116

New electric truck company Chanje emerges from stealth; first model out this year

Green Car Congress

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.

2017 101

Solid-state LiDAR company LeddarTech raises $101M in Series C

Green Car Congress

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.

2017 60

Toyota, Aisin and Denso investing $2.8B in new company to develop fully-integrated, production-quality software for automated driving

Green Car Congress

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.

2018 87

Small-scale GTL company Velocys suspends CEO

Green Car Congress

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.

2015 65

Uber acquires self-driving truck company Otto

Green Car Congress

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.

2016 60

Daimler managers to drive PHEV company cars

Green Car Congress

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.

2016 60

Australia-based fast charger company Tritium expanding to US

Green Car Congress

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.

2016 80

Toyota Tsusho strategic equity investor in bio-BTX company Anellotech

Green Car Congress

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.

2016 78