article thumbnail

Electreon to supply Israel’s 4th largest bus operator with wireless charging infrastructure; simultaneous charging of 30 buses

Green Car Congress

Electreon, a provider of wireless and in-road electric vehicle (EV) charging technology, signed an agreement of cooperation with Israel public transportation company Electra Afikim. Electra Afikim is the fourth-largest bus operator in Israel with roughly 1,400 buses. This is the second commercial deal signed by Electreon in Israel.

Charging 355
article thumbnail

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

Green Car Congress

Better Place, a developer and provider of electric car networks—including battery switch stations, batteries and public/personal charge spots ( earlier post )—worldwide, has secured $200 million through a Series C equity financing from a consortium of top-tier investors and partners, nearly doubling the company’s valuation to $2.25

Financing 252
article thumbnail

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.

Sale 210
article thumbnail

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.

Batteries 243
article thumbnail

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.

Sale 199
article thumbnail

Better Place secures €40M European Investment Bank loan

Green Car Congress

The remaining proceeds will be used for similar purposes in Israel. Better Place also participates in the European Commission’s sustainable mobility project, “Green eMotion,” which is part of the European Green Car Initiative. In Israel and Denmark combined, the company has more than 500 Renault Fluence Z.E.

Denmark 257
article thumbnail

Better Place consortium launches electric taxi project with battery switch station at Schiphol airport

Green Car Congress

Awarded last year, the project consortium, “Greening European Transportation Infrastructure for Electric Vehicles,” is the first decarbonization infrastructure project co-financed by the European Union’s TEN-T program. Batter Place recently completed an historic “lap” around Israel by driving the Renault Fluence Z.E.

Taxi 294