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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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ENGIE New Ventures, the corporate venture fund of ENGIE, is participating in a new round of investment to further the development of Connected Energy. Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. —Matthew Lumsden, CEO of Connected Energy.

Connect 186
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Motherson Group collaborating with UBQ to bring carbon-negative thermoplastics into auto parts

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The companies are joining efforts to implement the carbon-negative UBQ thermoplastic ( earlier post ) into auto parts manufactured by Motherson Group for the automotive industry. Adding as little as 10% UBQ GHG to a part can immediately transform it into a carbon-neutral product. Polymers typically emit 1.9

Parts 362
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TEPCO and Toyota develop stationary storage battery system using EV batteries

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TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries. Tokyo Electric Power Company Holdings, Inc.

Toyota 416
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Michigan, Cavnue to create corridor for connected and autonomous vehicles between Ann Arbor and Detroit

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Michigan Governor Gretchen Whitmer announced an initiative to develop a first-of-its-kind corridor for connected and autonomous vehicles (CAV) designed to improve transportation for communities in Southeast Michigan. This includes leading test tracks, universities, automotive companies, and key economic anchors.

Michigan 221
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Hyundai Mobis, KT collaborating to develop connected vehicle systems using 5G and C-V2X

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have launched 5G communication in the Hyundai Mobis proving ground in Seosan, Chungcheongnam-do, and have begun to collaborate to develop connected vehicle technology by actively utilizing this network. KT supports connection between the 5G terminals in M.Billy and the 5G communication base stations. Hyundai Mobis and KT Corp.

Connect 268
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Michelin Vision concept wheel/tire: airless, connected, rechargeable, organic

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The concept tire—which combines the functions of wheel and tire—is airless, connected, rechargeable, customizable and organic, is both a wheel and a tire. The VISION project was launched in autumn 2016 under the leadership of the Michelin Corporate Innovation Board (CIB). Vision integrates a large number of renewable part.

Recharge 292
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Hyundai Motor Group invests in startup BOS Semiconductors as part of larger automotive semiconductor strategy

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For the venture, the Group leveraged the second fund of its ZER01NE open innovation platform, which it created in February 2021 with Hyundai Motor Company, Kia Corporation, and Hyundai Motor Securities along with external investors, including Korea Development Bank and Shinhan Bank.

Hyundai 186