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Safran acquires stake in Li-Sulfur battery maker OXIS Energy; OXIS announces two JDAs

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Safran acquired an equity interest in Li-Sulfur battery manufacturer OXIS Energy ( earlier post ) through its Safran Corporate Ventures subsidiary, which invests in disruptive technology businesses. Safran Corporate Ventures is participating in a £7-million (US$9.1-million) Source: OXIS Energy.

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

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OBC), to BASF Corporation for the gross purchase price of $58 million in cash before transaction fees, minority participations, and working capital and other adjustments. Ovonyx is a joint venture with its co-founder Tyler Lowrey and its shareholders include Intel Corporation. Earlier post.) Chapter 7 for SIT.

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Axial Vector Energy Corporation Develops Hybrid Electric Drive Train Featuring Axial Engine and New Electric Clutch

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Axial Vector Energy Corporation (AVEC) has developed a new hybrid electric drive train comprising a small axial-type, multi-fuel AVEC engine ( earlier post ), an AVEC generator/motor and an all new electric clutch. The recharging system can also operate when the vehicle is in neutral or parked. AVEC Chairman Sam Higgins.

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Amprius’ silicon nanowire Li-ion batteries power Airbus Zephyr S HAPS solar aircraft

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However, in particle or film structures silicon is not stable and lasts only a few recharge cycles. Amprius maintains an R&D lab and corporate headquarters in Sunnyvale, California; an R&D lab and state-of-the-art pilot production line in Nanjing, China; and a manufacturing facility in Wuxi, China. Source: Amprius.

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Lishen and ZAP in strategic alliance; funding for several thousand EV conversions in US

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ZAP will begin financing discussions with fleet operators pending successful completion of the trial which is likely to run through the winter season. ZAP plans to utilize this financing alliance to pursue other volume fleet opportunities in the Americas and SE Asia.

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Enova Delivers Hybrid Drive Systems to First Auto Works for Hybrid Buses

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As the vehicle slows, during braking, the electric motor functions as a generator to recharge the batteries. Each energy-saving or new energy vehicle used in public services attracts a subsidy of up to 600,000 yuan (US$87,780), according to a new policy jointly issued by Ministry of Science and Technology and Ministry of Finance.

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Dow and HPL Sign Li-ion Technology Transfer Agreement; Dow Kokam JV Acquires Assets of Kokam America

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HPL is financed by the founders, Draper Fisher Jurvetson ePlanet Ventures, Initiative Capital Romandie (managed by DEFI-Gestion), Bankinvest New Energy Solutions and private investors. a leader in the lithium rechargeable battery market and source of Dow Kokam’s superior lithium polymer battery technology. in South Korea.

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