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WiTricity raises $34M in venture capital, including strategic investment from Mitsubishi

Green Car Congress

Stage 1 Ventures led the round with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its US subsidiary, Mitsubishi Corporation (Americas). Mitsubishi Corporation’s investment in WiTricity reflects an innovative vision for the future of smart cities.

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ZeroAvia secures additional $24.3M to launch development of 2MW hydrogen-electric powertrain for regional aircraft

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Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. The program kick-off is supported by a new raise of $24.3 million, led by Horizons Ventures, joined by a new investor: British Airways.

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Danish Parker project developing universal definition for EV integration with electric grid for V2G services

Green Car Congress

Nissan, Mitsubishi Corporation, Mitsubishi Motors Corporation, PSA Groupe, NUVVE, Frederiksberg Forsyning, Enel, Insero and DTU (Technical University of Denmark) Electrical Engineering (PowerLabDK) are partnering in the Danish project Parker to develop a universal definition for grid integration for electric vehicles.

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DiDi partners with SoftBank in Japan for platform services for taxi industry, launches open new energy car-sharing platform

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A key element in DiDi’s strategy is building a smart transportation ecosystem to capture future opportunities, with global expansion through alliances with regional partners. The platform will introduce to individuals and corporate partners not only diversified models from automakers, but also auto-related finance and insurance services.

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Universal Hydrogen in collaboration to study green hydrogen supply and logistics solutions for Japanese airlines

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Collectively, Universal Hydrogen alongside Sojitz Corporation, Mitsubishi HC Capital Inc., Further, the companies will collaborate on studying marketing strategies and leasing and financing options for both Universal Hydrogen’s powertrain conversion kits and modular hydrogen capsules.

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Solar Smackdown in Torrance – Installer Sues City on Behalf of the Sun

Creative Greenius

He wasn’t a finance guy, thinking “I’m going to make money.” It’s expensive and my clients don’t finance. Because for one, financing isn’t available anymore and two, early adopters are a different crowd. You pay your corporate taxes on-line. Sharp and Mitsubishi has done a little. You want to fix global warming?

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Chinese automakers bring hybrids and plug-ins to Detroit, Geneva auto shows

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—a partnership between Chery Automobile, China’s largest independent car manufacturer, and Israel Corporation—is bringing its Cross Hybrid Concept to the Geneva Motor Show in March. In addition, GAC Group has joint ventures with global automakers such as Toyota, Honda, Fiat-Chrysler, Mitsubishi and Hino for vehicle production.

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