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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

Green Car Congress

The Licence grants exclusive rights to mine graphite from within the M1 mining area. With the M1 permit in hand, the company expects to be hoisting graphite after the shaft has been deepened by twenty feet and crosscut to a parallel vein system. Vancouver-based Ceylon Graphite Corp.

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Iveco Group acquires full control of Nikola Iveco Europe

Green Car Congress

has acquired the full and sole ownership of the German company resulting from the former joint venture Nikola Iveco Europe, now to be renamed as EVCO (Electric Vehicles COmpany). Iveco Group N.V.

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EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

The grant will fund the development of a fintech platform to empower EV buyers to save up to $200/month on electric vehicle loans. EV Life, a car site dedicated exclusively to electric vehicles, announced that it was 1 of 28 companies to win a CalSEED grant from the California Energy Commission (CEC).

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Niron Magnetics raises $21.3M to commercialize rare-earth-free iron-nitride magnets

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Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3 million in new financing. Tesla and will address a wide range of applications from audio speakers, magnetic sensors and consumer appliances to industrial motors and automotive accessory motors.

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Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

Both come with a 200-hp electric motor, provide an EPA-estimated 247 miles in range, and are available in front-wheel drive only. It can also utilize DC fast charging, which can provide up to 95 miles of range in just 30 minutes. The EUV is available in two different trims, the LT and Premier. Clean Vehicle Assistance Program.

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Syzygy raises $5.8M in Series A to develop photocatalytic platform for clean chemical and fuel manufacturing

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Syzygy Plasmonics , a technology company developing the world’s highest performance photocatalyst, raised $5.8 The financing was co-led by The Engine and by The GOOSE Society of Texas. million in Series A funding. Previous investor Evok Innovations was also a major participant in the round.

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Hyundai bringing XCIENT Fuel Cell trucks to California

Green Car Congress

Hyundai Motor Company will deploy the company’s latest hydrogen fuel cell electric heavy-duty trucks in California in two publicly funded projects to improve the air quality in the region. The US model provides a maximum driving range of 500 miles, or about 800 kilometers.

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