Remove Companies Remove Connected Remove Global Remove Israel
article thumbnail

Daimler first automotive company to test UBQ’s climate-positive thermoplastic material in auto parts

Green Car Congress

Daimler announced a trial and development partnership with Israeli cleantech company UBQ Materials to explore the use of UBQ’s climate-positive material in the production of automobile parts. UBQ operates a test plant in southern Israel which already supplies UBQ to the plastic industry with a capacity of 5,000 tons per year.

Climate 195
article thumbnail

General Motors acquires battery software startup ALGOLiON

Green Car Congress

General Motors has acquired substantially all the assets of Israel-based battery software startup ALGOLiON Ltd. ALGOLiON employees, including the company’s founders, will remain based in Israel and join more than 850 employees at the GM Technical Center in Herzliya, Israel. for an undisclosed sum.

article thumbnail

Toyota invests in V2X chipset company Autotalks

Green Car Congress

Israel-based Autotalks, a developer in V2X (Vehicle to Everything) communication chipsets ( earlier post ), has completed its Series D round with about $40 million in investments, an oversubscription of $10 million. Additionally, current Autotalks’ investors increased their investment in the company.

Toyota 150
article thumbnail

HARMAN acquiring Red Bend Software and Symphony Teleca for growth in connected vehicle space

Green Car Congress

HARMAN International announced the acquisition of Israel-based Red Bend Software, a leading provider of software management technology for connected devices, and over-the-air (OTA) software and firmware upgrading services. By 2020, it is expected that more than 90% of vehicles on the road will be connected (Frost and Sullivan).

Connect 150
article thumbnail

Karamba Security raises $10M in new funding; round led by VinFast

Green Car Congress

Israel-based Karamba Security , a leading developer of endpoint protection for connected devices, has secured $10 million in new funding in an extension to its B Round financing. Investors in the round were motivated by Karamba’s strong customer base and leadership in IoT and automotive security.

article thumbnail

GE-NRG Energy-ConocoPhillips JV invests in Israeli wastewater-to-electricity company Emefcy

Green Car Congress

Energy Technology Ventures—a joint venture among GE, NRG Energy and ConocoPhillips—is making its first non-US and first water-related investment by providing capital to Emefcy Ltd, an Israeli company that uses naturally occurring bacteria in an electrogenic bioreactor (microbial fuel cell, MFC) to treat wastewater. Source: Emefcy.

Companies 186
article thumbnail

Ford targeting highly autonomous vehicle for ride-sharing in 2021; new tech company investments, staffing up in Silicon Valley

Green Car Congress

To achieve this, the company is investing in or collaborating with four startups to enhance its autonomous vehicle development, doubling its Silicon Valley team and more than doubling its Palo Alto campus. —Raj Nair, Ford executive vice president, Global Product Development, and CTO.

Ford 150