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UN report highlights urgent need to tackle impact of EV battery production boom

Green Car Congress

UNCTAD predicts that some 23 million electric vehicles will be sold over the coming decade: the market for rechargeable car batteries, currently estimated at $7 billion, is forecast to rise to $58 billion by 2024.

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

Green Car Congress

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

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The capital raised will be used to commercialize and to automate the process of mass production of rechargeable Lithium-Sulfur cells/modules, using state of the art digital manufacturing machinery for worldwide distribution to manufacturers of vehicles. million) and include Samsung Ventures which contributed to the fund in December 2016.

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Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

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In the first few months of 2012, Fisker has continued to raise private equity investment to fund its expansion plans, securing $174 million of additional private financing since the start of the year. The latest funding has lifted the overall financing beyond $1 billion since the start of the company in 2007.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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This progress includes advanced internal combustion engines; efficient transmissions; lightweight materials; and hybrid and other energy-saving technologies. Energy-saving and new energy vehicles have become the development direction of the international automobile industry. International cooperation.

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Porsche increases stake in electric sports car company Rimac to 15.5%

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—Lutz Meschke, Deputy Chairman of the Executive Board at Porsche AG and Member of the Executive Board responsible for Finance and IT. Rimac unveiled his most recent electric car, the C Two, at the Geneva International Motor Show in March 2018.

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CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

They will create an EV climate loan and lending platform that saves most drivers more than $200 per month on an electric car loan by incorporating thousands of dollars in EV rebates and incentives into the upfront financing of each car. rechargeable battery?technology?that Innovasion Labs PINC, Inc. is developing a?rechargeable

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