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ClearFlame Engine Technologies raises $30M in Series B

Green Car Congress

Federal Department of Energy funding moved us from concept to patent. In pursuit of penetrating the more than $200 billion global trucking market, the company is piloting five trucks in collaboration with some of the largest fleet operators in North America. Series A funding propelled us from patent to pilot.

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Toyota Blockchain Lab accelerating blockchain technology initiatives and external collaboration

Green Car Congress

This technology has the potential to support the creation of friends inside and outside the Group, and as a result, provides more convenient and customized services to customers, business efficiency and improvement, and creating new value that is not bound by existing concepts, Toyota suggests.

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Airbus and LM Industries create mobility startup Neorizon; digital manufacturing

Green Car Congress

We will address local mobility issues by rapidly producing concepts, prototypes, products, and solutions, in collaboration with the local technological ecosystem. Queisser is a senior executive with international business leadership experience spanning Europe, Africa, the Middle East, and North America.

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MEG expanding heavy-duty electric truck efforts; succsessful testing of mine vehicle

Green Car Congress

MEG, in conjunction with leading battery technology partners, and other associated MEG partners, has recently invested significant time in the heavy truck category, resulting in successful testing of the EV concept in a number of mines. Bruno Wu, Chairman of Ideanomics.

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Fisker confirms potential EV partnership with “large automaker”

Baua Electric

Fisker Alaska electric truck concept Fisker has so far relied on contract manufacturing for production of its sole model, the Ocean electric SUV. The announcement, first reported by Automotive News , came directly from Fisker’s fourth-quarter 2023 earnings report Thursday. The company reported a $463 million net loss for the quarter.

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Hyundai to launch a new rugged off-road IONIQ 5 XRT model in the US

Baua Electric

2024 Hyundai IONIQ 5 (Source: Hyundai) The 2024 IONIQ 5 starts at $41,800 in the US, but Hyundai has introduced significant incentives , including a $7,500 EV lease bonus and rare 0% APR Financing. Hyundai has yet to launch the new IONIQ 5 in the US, but prices stayed about the same in Korea at around 52,400,000 KRW ($39,400).

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Audi plans almost €22-billion investment through 2018; targeting 2M annual deliveries

Green Car Congress

In addition to developing new models and alternative drive concepts, the current investment program also provides for the next generation of fuel-efficient engines, which will enable Audi to meet stricter emissions legislation worldwide. —Axel Strotbek, Member of the Board of Management of AUDI AG for Finance and Organization.

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