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KLD Energy completes $10M convertible debt offering, bringing total capital raised to almost $26M

Green Car Congress

KLD Energy Technologies has successfully completed a major debt offering; the company has raised nearly $26 million in capital since its incorporation in August 2008, about half of that in the past year. Today, KLD has commercial agreements with Eclimo Sdn Bhd of Malaysia and Australia-based Vmoto Ltd.,

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More than 250,000 electrified BMW Group vehicles on the roads; BMW Group electrified sales up 52% in April

Green Car Congress

In the mature Scandinavian markets, more than a quarter of all BMW Group sales are electrified and in Malaysia, electrified vehicles accounted for more than half of BMW Group sales in April. The company has sold a total of 799,520 vehicles to customers worldwide in the first four months of the year, up 2.5%

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Texas Emerging Technology Fund awards KLD Energy Technologies $2.8M to support commercialization of electric drive system

Green Car Congress

The company will leverage the funding to accelerate the commercialization of its high-performance electric drive system, execute its expansion strategy and introduce its products to new markets. KLD also recently signed an agreement to provide the KLD drive system to Malaysia-based EcLimo, a leading vehicle manufacturer.

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New line of electric scooter to feature KLD Energy motor system

Green Car Congress

The company expects to manufacture 40,000 scooters featuring KLD’s motor system in the first year, with increased production to follow in subsequent years. The new scooters will be available in Malaysia later in the year. This flexibility allows manufacturers to serve different market segments using the same motor.

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