Intel acquires Moovit for $900M; accelerating Mobileye’s Mobility-as-a-Service offering

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Intel Corporation today has acquired Moovit, a mobility-as-a-service (MaaS) solutions company, for approximately $900 million ($840 million net of Intel Capital equity gain). Moovit was founded in 2012 and is based in Tel Aviv, Israel, with approximately 200 employees.

2020 102

Daimler first automotive company to test UBQ’s climate-positive thermoplastic material in auto parts

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Daimler chose to partner with UBQ through Plug and Play’s Startup Autobahn, an innovation platform that connects emerging technologies to pilot opportunities with multinational corporations. Manufacturing Market Background Materials Sustainability

2020 78

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GM global sales up 7.6% in 2011 to 9.026M vehicles; China and US largest markets

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GM gained four-tenths of a point of market share to 11.9% On a corporate basis, GM’s two largest markets in 2011 were China, where GM and its joint venture partners increased sales 8.3% GM is the market leader in both countries. Other markets that posted significant year-over-year increases include Vietnam (79%), Russia (49%), Turkey (30%) and Germany (21%). Top 10 Chevrolet sales markets in 2011. General Motors Co.

2012 75

Toyota Research Institute launches Toyota AI Ventures with $100M investment

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Toyota Research Institute (TRI) is investing an initial $100 million to launch Toyota AI Ventures , a new corporate venture capital subsidiary designed to provide early-stage financing to startup technology companies. Israel-based Intuition Robotics is a leader in the development of social companion technology, including its ElliQ active-aging robotic companion. AI Autonomous driving Market Background Vehicle Manufacturers

2017 64

Toyota invests in V2X chipset company Autotalks

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Israel-based Autotalks, a developer in V2X (Vehicle to Everything) communication chipsets ( earlier post ), has completed its Series D round with about $40 million in investments, an oversubscription of $10 million. The increased investment amount is a result of new investments from investors such as Mirai Creation Investment Fund, of which the principal investors are Toyota Motor Corporation and Sumitomo Mitsui Banking Corporation, and is managed by SPARX Group.

2017 60

2nd Better Place CEO out; company to be managed by Chairman of Board and CFO

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Globes in Israel reported that sources said that Thornley left over differences with Chairman Idan Ofer over Better Place’s future, especially over plans to reduce activity in global markets and focus on its core markets of Israel and Denmark. Thornley presented the plan to the board of Israel Corporation, Better Place’s controlling shareholder, in December.

2013 79

Intel completes tender offer for Mobileye; accelerating autonomous driving

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Intel Corporation and Mobileye N.V. Intel expects the acquisition to accelerate innovation for the automotive industry and to position itself as a leading technology provider in the market for highly and fully autonomous vehicles. Intel estimates the vehicle systems, data and services market opportunity to be up to $70 billion by 2030. Mobileye will remain headquartered in Israel and led by Prof.

2017 60

Renault to Make Kangoo be bop Z.E. Prototype EV Available for Test Drives; Four Different EV Models in Market by 2012

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The 15 kWh lithium-ion battery pack from AESC (Automotive Electric Supply Corporation, a Nissan-NEC joint venture founded in April 2007), comprises 48 power modules, each of which incorporates four elementary cells. This three-phase plug can be used with a 400V supply and, by the time these vehicles come to market, will enable a complete battery charge in approximately 20 minutes. The Renault-Nissan Alliance intends to mass market zero-emission vehicles.

2009 60

ON Semiconductor acquires mmWave technology for automotive radar from IBM

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ON Semiconductor Corporation is acquiring and licensing mmWave technology developed by the IBM Research Haifa Lab research team for use in automotive radar applications. The acquisition positions ON Semiconductor to extend its position in automotive image sensors into the broader automotive sensing market. The acquisition creates a new Israel design center for ON Semiconductor that reports directly into the automotive solutions division within the Image Sensor Group.

2017 60

Samsung invests in graphene manufacturer XG Sciences; joint battery development initiative

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XGS) closed on a strategic investment led by Samsung Ventures Investment Corporation (Samsung Ventures). A number of applications for our advanced graphene and battery materials have been demonstrated in the electronics industry, and a partner like Samsung will help us move these applications to market faster than we could on our own. Graphene manufacturer XG Sciences, Inc.

2014 70

Qoros Auto contracts with AAM for electric drive technology

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and Israel Corporation and headquartered in Shanghai ( earlier post ), has awarded AAM (American Axle & Manufacturing, Inc.) This vehicle will be produced in China for both the Chinese and European automotive markets. Qoros Auto Co., joint venture between Chery Automobile Co., a driveline systems contract for e-AAM technology to be applied on a future model year Qoros vehicle.

2013 83

Bailouts and Beemers

Plugs and Cars

A generation of deregulation has culminated with free-market ideologues and corporate chieftains begging for salvation from the federal government once-despised as mettlesome. But some relief from November's economic doom and gloom could be seen in the string of announcements that suggest plug-in cars are truly coming to market within the next few years. Nissan foresees full-scale marketing of EVs in 2012.

2008 100

Seambiotic and Chinese Power Company to Build $10M Commercial Microalgae Farm in China

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companies associated with China Guodian Corporation, to establish a Chinese joint venture for the commercial cultivation of microalgae. Seambiotic was founded in 2003 in cooperation with the Israel Electric Corporation (IEC) to grow and process marine microalgae for the nutraceutical and biofuel industries while acting as a carbon capture technology.

2009 67

Wrightspeed named as World Economic Forum Technology Pioneer

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Designed as a replacement for conventional piston engine and transmission systems, Wrightspeed’s the Route ( earlier post ) is a range-extended electric vehicle powertrain that provides unlimited range and significant fuel cost reductions for today’s refuse, delivery and mass-transit markets. Other selected pioneers come from France (2), Luxembourg (2), and Canada, Israel, Sweden and the United Kingdom. Wrightspeed Inc.,

2016 60

REG acquires 69% ownership in German biodiesel producer for $20.9M; making cash offer for remaining 31%

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ICG, Israel Corporation’s vehicle for investing in the alternative energy market, accepted an offer from REG European Holdings B.V. Its biodiesel is compliant with EU standard EN 14214 and is one of the most sustainable biofuels marketed in Europe. US-based biofuels producer Renewable Energy Group, Inc. is acquiring IC Green Energy Ltd.’s s majority equity ownership position in German biodiesel producer Petrotec AG.

2014 67

Intel to acquire Mobileye for $15.3 billion; targeting autonomous driving

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Intel Corporation announced a definitive agreement under which Intel would acquire Mobileye, a global leader in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous driving.

2017 78

Better Place closes $200M Series C financing; valuation now $2.25B

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Existing shareholders, including Israel Corp., The company will launch its initial commercial service in Israel and Denmark early next year and has already announced a series of consumer offerings for electric mobility services that it says are competitive with gasoline-based cars. Better Place will launch initial commercial service to a select group of customers in Israel and Denmark in the first quarter of 2012, expanding to full commercial operations over the following months.

GE and Better Place Partner to Accelerate EV Infrastructure Deployment; Integrating GE WattStation with Better Place Services

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Battery Financing: GE and Better Place will develop a battery financing program that begins with a pilot project to finance 10,000 batteries in Israel and Denmark, which are the first two markets for Better Place. GE’s WattStation. Click to enlarge.

2010 100

BMW Group to offer 25 electrified vehicle models by 2025, 12 fully electric

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The Group’s market share for electric drives in Europe is already three times higher than its market share for combustion-powered cars, added Klaus Fröhlich, Member of the Board of Management of BMW AG, Development. These are key elements of our corporate strategy, NUMBER ONE > NEXT, our roadmap for the future. Our test fleet is now on the roads in Germany, Israel and the US – making daily trips.

2017 60

Volkswagen Group makes $300M strategic investment in on-demand mobility provider Gett

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The Volkswagen Group says that the ride-hailing market represents the greatest market potential in on-demand mobility, while creating the technological platform for developing tomorrow‘s mobility business models. A key partner in this area will be Gett, one of the leading providers in the European ride-hailing market with development facilities in Israel.

2016 60

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. The E-JET concept range extended electric vehicle from GAC. Click to enlarge.

2013 114

Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

So far Israel, Denmark, Australia , Hawaii and California’s Bay Area have plans to implement the Better Place model. From renewable energy policy to carbon markets to dubious eco-advertising, our energy and environment reporters track the high-stakes pursuit of a greener globe.

2009 53

Pike Research makes 10 electric vehicle predictions for 2013

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More broadly, Pike envisions PEV sales in California—the leading market for such in the US—expanding into smaller urban and suburban regions with more dealers beginning to offer the vehicles. The lack of funding opportunities will force some companies to exit the market or be acquired on less than generous terms. Globally, the e-bike market will grow by 10% to more than 33.6

2012 120

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

The Renault-Nissan Alliance and Project Better Place have signed a Memorandum of Understanding to create a mass-market for electric vehicles in Israel which is an excellent target market: it has a sales tax exceeding 60% for gasoline vehicles, gasoline costs over $6 per gallon, most driving fits the range of electric vehicles, and the government strongly supports energy independence. Shai Agassi predicts that Israel will have over 100,000 electric vehicles in use by 2010.

2009 28

Qoros premieres first production vehicle, hybrid concept at Geneva

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Qoros Automotive, an equal joint venture partnership founded in 2007 between China-based Chery Automobile and Israel Corporation, is presenting the world premiere of its first series production vehicle, the C-segment Qoros 3 Sedan, at the Geneva International Motor Show. Qoros 3 sedan.

2013 98

Renault-Nissan Alliance Partners with Singapore Government for EVs

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The Renault-Nissan Alliance has formed a partnership with the Energy Market Authority (EMA), the Land Transport Authority (LTA) and the Economic Development Board (EDB) of Singapore to explore the development of Zero Emission Vehicles Program. It will also look into educating the public on EV technology though a nationwide EV sharing programme or through corporate fleets.

Nissan, Pima Association of Governments and ECOtality to Partner on EVs and EV Charging Infrastructure for Tucson Area

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Nissan will introduce EVs in the United States in 2010 and will mass market EVs globally two years later. Through physical infrastructure deployments and streamlined installation processes, the Tucson region will be an attractive launch market not just for Nissan’s electric vehicle, but all grid-connected vehicles.” In 2007, ECOtality acquired Electric Transportation Engineering Corporation (eTec).

2009 60

Nissan Updates on Nissan Green Program 2010; New Vehicle CO2 Needs to Be Reduced 90% by 2050

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Nissan also announced the introduction of an automatic transmission (AT) model with a clean-diesel engine in the Japanese market, planned for spring 2010. In reviewing its efforts to date in reducing CO 2 emissions, Nissan said that AESC (Automotive Energy Supply Corporation), its joint venture with NEC Corporation and NEC TOKIN Corporation, aims to be a leader in battery technology. Nissan Motor Co.,

2009 60

Renault Introduces the Kangoo be bop Z.E. Electric Vehicle Demonstrator

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is equipped with a lithium-ion battery pack produced by AESC (Automotive Electric Supply Corporation), a Nissan-NEC joint venture which was founded in April 2007. The Kangoo be bop Z.E. electric vehicle. Click to enlarge.

2009 83

Renault-Nissan and Singapore Government to develop zero-emission mobility

Green Cars News

Renault-Nissan Alliance has formed a partnership with the Energy Market Authority (EMA), the Land Transport Authority (LTA) and the Economic Development Board (EDB) of Singapore to explore the development of Zero Emission Vehicles Programme. The Renault-Nissan Alliance has begun ZEV initiatives in Kanagawa Prefecture and Yokohama in Japan, as well as in Israel, Denmark, Portugal, Monaco, the UK, France, Switzerland, Ireland, China and Hong Kong. Energy Market Authority.