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ClearFlame’s genset technology progresses through phase one trials

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The pilot demo marked the first ever genset demonstration for our company. —Robert Schanz, ClearFlame Vice President, Research & Development Phase two testing in conjunction with ComEd, an Exelon company in Illinois will be the next step in the product development process. Earlier post.) Earlier post.)

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Porsche increases stake in electric sports car company Rimac to 15.5%

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Porsche has increased its stake in technology and sports car company Rimac Automobili to 15.5%. The Croatian company develops and produces electromobility components and also produces electrically powered super sports cars in-house. The company also develops and produces high-performance electric drives and battery systems.

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Boeing HorizonX invests in lithium-metal rechargeable battery startup Cuberg

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Cuberg developed an advanced lithium metal rechargeable battery cell that is designed to be a drop-in solution to existing large-scale battery manufacturing processes. This is Boeing HorizonX Ventures’ first investment in an energy storage company since the fund was established in April 2017. -based Cuberg , Inc.,

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GlobalData: Venture capital deals value in advanced batteries skyrocketed 850% YoY in 2021

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The value of venture capital (VC) deals in advanced batteries shot up by 850% year-on-year (YoY) in 2021 with focus on lithium chemistries, according to GlobalData, a data and analytics company. In July 2021, the company went public via a merger with a special purpose acquisition company (SPAC) Ivanhoe Capital.

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Air Liquide, Idex, STEP, Toyota create HysetCo to promote development of hydrogen mobility in Paris region; 600 Hype H2 taxis by the end of 2020

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Air Liquide, Idex, Société du Taxi Électrique Parisien (STEP), and Toyota are teaming up through a joint-venture called HysetCo, the first company devoted to the development of hydrogen mobility in the Paris region. Toyota will deliver an additional 500 Mirais by the end of 2020, which will complete the existing fleet of 100 Hype vehicles.

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Bcomp closes US$35M Series B with mobility and impact venture capital

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Bcomp, a leading manufacturer of high-performance components made from natural fibers, has closed its oversubscribed Series B financing round of CHF 32.4 million (US$35 million) with commitment from a range of mobility, financial, and impact investment companies.

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Fluorine-based battery company Contour Energy Systems finalizes Series C Funding Round with addition of new investor SBI Jefferies Asia Fund L.P.

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Contour Energy Systems, Inc, a spinoff of the collaboration between CalTech and CNRS focused on developing new fluorine-based battery chemistries, nanomaterials science and manufacturing processes for lithium-ion energy storage systems ( earlier post ), has finalized its Series C round of financing that now includes SBI Jefferies Asia Fund L.P.

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