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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

Green Car Congress

The financing consists of a Senior Convertible Note provided exclusively by funds and accounts managed by BlackRock Financial Management, Inc. Chargers paired with energy storage will optimize low-cost renewable energy sources and provide additional grid resiliency, allowing EVs to recharge and support critical facilities when power is out.

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Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

Green Car Congress

51-year-old Energy Conversion Devices, Inc. OBC is the inventor and worldwide licensor of NiMH rechargeable battery technology and is pursuing advanced battery technologies, including cathode materials for lithium-ion chemistry batteries. Earlier post.) 35 OBC employees have been hired by BASF as part of this transaction.

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EU Industry Ministers Call for Harmonized EV Charging and Safety Standards by Mid-2011

Green Car Congress

Stressed the need to focus on research excellence in order to ensure that alternative powertrains receive targeted research financing, including innovative energy storage and conversion technologies, such as batteries, fuel cells and the necessary respective infrastructure.

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