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High-power battery company MOBIUS.energy secures $50M investment commitment from GEM

Green Car Congress

billion, Luxembourg-based private alternative investment group. MOBIUS has issued warrants to GEM, exercisable upon public listing, to purchase up to 3% of the common stock of the company. MOBIUS.energy Corporation secured a $50-million investment commitment from GEM Global Yield LLC SCS, a $3.4-billion, —Eugene Choi, MOBIUS CEO.

Companies 243
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Electric 3-Wheeler Manufacturer Gayam Motor Works Gets $50 Million Investment Commitment From Luxembourg-Based GEM

CleanTechnica EVs

Gayam Motor Works (GMW), a pioneer in the Indian electric mobility space, has announced a $50 million investment commitment from Luxembourg-based GEM Global Yield LLC SCS (GEM) as the company plans to go public.

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Si anode company LeydenJar secures €30M EU backing for silicon anode foil factory

Green Car Congress

The company will invest €60 million in the construction of its first production facility, called “Plant One”, of which €30 million comes from a European Investment Bank (EIB) loan facility. The company is working with partners to apply the technology in next-generation consumer electronics, electronic vehicles and e-flight applications.

Companies 231
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Westport and Volvo Car to introduce V90 Bi-Fuel into Belgium and Luxembourg

Green Car Congress

Westport AB, a Westport Fuel Systems company, announced that Volvo Car will introduce the Bi-Fuel version of its new V90 station wagon in Belgium and Luxembourg.

Belgium 150
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Coca-Cola will now make local deliveries in Belgium with 30 electric Renault Trucks vehicles

Green Car Congress

The company will also reduce its CO 2 emissions by 75% compared to diesel trucks. —An Vermeulen, VP & Country Director of Coca-Cola Europacific Partners for Belgium and Luxembourg. Renault Trucks is part of the Volvo Group.

Belgium 459
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Volkswagen Group takes minority stake in 3D holography company SeeReal Technologies

Green Car Congress

Volkswagen has acquired a minority stake in the technology company SeeReal Technologies. Research in this area is being carried out by the company SeeReal Technologies and is progressing. This participation will secure access for the Group to future-oriented augmented reality in the field of display technologies for the automobile.

Companies 277
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Elektromotive Extends European Recharging Network to Belgium and Luxembourg

Green Car Congress

UK-based Elektromotive has appointed The PluginCompany to install networks of electric vehicle (EV) charging stations across Belgium and Luxembourg. Pilot schemes will see the installation of 20 Elektrobay units in the two countries by the end of this year, ahead of further planned rollouts during 2010. The Elektrobay. Click to enlarge.