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Gentherm leads investment in electric battery cooling technology maker Carrar

Green Car Congress

Gentherm, a developer of innovative thermal management technologies, is the lead investor in a seed round of financing in Carrar , an Israel-based technology developer of advanced thermal management systems for the electric mobility market.

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Levant LNG signs agreement with Gazprom subsidiary on negotiation of sales of LNG produced offshore Israel

Green Car Congress

executed a Heads of Agreement (HOA) with Gazprom Marketing and Trading Switzerland AG (GM&T CH), a subsidiary of Russian gas major Gazprom, in which the parties agreed to negotiate in good faith a binding agreement for the sale of the LNG to be produced at the Floating LNG (FLNG) facility offshore Israel. Earlier post.). Pangea LNG B.V.

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Levant LNG signs agreement with Gazprom subsidiary on negotiation of sales of LNG produced offshore Israel

Green Car Congress

executed a Heads of Agreement (HOA) with Gazprom Marketing and Trading Switzerland AG (GM&T CH), a subsidiary of Russian gas major Gazprom, in which the parties agreed to negotiate in good faith a binding agreement for the sale of the LNG to be produced at the Floating LNG (FLNG) facility offshore Israel. Earlier post.). Pangea LNG B.V.

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

Green Car Congress

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. TRI participated in Nauto’s $12M Series A financing in August 2016.

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Porsche increases investment in start-ups by €150M; innovative business models in the field of mobility

Green Car Congress

—Lutz Meschke, Deputy Chairman and Member of the Executive Board for Finance and IT at Porsche AG. To offer this service, the start-up is developing a solution based on blockchain technology designed to maintain or increase the value of collector’s pieces. The total value of the financing round is US$80 million.

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Foresight signs a pilot agreement with one of China’s top three largest car manufacturers

Green Car Congress

Israel-based Foresight Autonomous Holdings Ltd., The pilot project will be financed by the manufacturer, except for production, shipping and system installation costs of Foresight’s Eyes-On system. This is the third pilot agreement the company has entered into with leading Chinese car manufacturers in recent months.

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Polestar’s Q3 revenue and gross profit skyrocket, operating loss trims by 33%

Teslarati

Polestar is currently recognizing its active markets as Australia, Austria, Belgium, Canada, China, Denmark, Finland, Germany, Hong Kong, Iceland, Ireland, South Korea, Kuwait, Israel, Italy, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the UAE, U.K., and the USA. The company’s $1.48

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