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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. As part of the agreement Electreon will provide maintenance, support and operation services for the next 12 years. million in the project.

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

Green Car Congress

The investment activities being undertaken by Porsche Ventures build in part on the company’s existing start-up investment activities. —Lutz Meschke, Deputy Chairman and Member of the Executive Board for Finance and IT at Porsche AG. The total value of the financing round is US$80 million.

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Better Place secures €40M European Investment Bank loan

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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. —Shai Agassi.

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

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

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GE and Better Place have formed a technology and financing partnership to accelerate the global deployment of electric vehicle infrastructure through collaboration in four key areas: standards-based technology development; battery financing; joint fleet electrification programs; and consumer awareness. GE’s WattStation.

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EV battery swap company Better Place files for liquidation

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Better Place, a high-profile developer and proponent of a battery switch model for electric vehicles ( earlier post ), filed a motion with the Lod District Court in Israel to ask for the dissolution of the company and the appointment of a temporary liquidator. Israel was the first place in which an electrical car could travel without limit.

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Audi going to the moon; Audi lunar e-quattro rover

Green Car Congress

Audi is supporting the German team (the “ Part-Time Scientists ”) in the Google Lunar XPRIZE (GLXP) competition with its know-how in several fields of technology from quattro all-wheel drive and lightweight construction to electric mobility and piloted driving. The concept of a privately financed mission to the moon is fascinating.

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