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Texas awarding up to $5.7M for alternative fuel and hybrid vehicles

Green Car Congress

A hybrid vehicle is defined as a motor vehicle with at least two different energy converters and two different energy storage systems on board the vehicle for the purpose of propelling the vehicle. Grants are awarded on a competitive basis with projects ranked according to the cost per ton of NO x reduced by the project.

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Linear Labs closes $4.5M seed round to fund commercialization of new electric motor technology

Green Car Congress

This can lead to substantial reduction in onboard energy storage requirements or an extended driving range using the existing commercial Energy Storage System (ESS). This results in a more compact and low-cost power electronic converter at the required power ratings used in commercial propulsion units.