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TEMO’s easy-to-install electric outboard motors make DIY e-boats simple

Baua Electric

TEMO’s easy-installation electric outboard motors make it painless for boaters to convert their vessels into electric boats. The French company TEMO just landed a €6 million Series A financing round with the US impact fund At One Ventures, the Ecotechnologies 2 fund, and business angels, to accelerate the company’s growth.

DIY 97
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SolarCity and Honda establish investment find to finance $65M in solar projects for Honda and Acura customers

Green Car Congress

SolarCity and American Honda Motor Co., The partnership establishes an investment fund to finance $65 million in solar projects to assist Honda and Acura customers with the initial cost of solar power installation.

Acura 218
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GlobalData: Venture capital deals value in advanced batteries skyrocketed 850% YoY in 2021

Green Car Congress

In April 2021, the company raised $139 million in a Series D funding round with participation led by the VC arm of General Motors and other investors including Shanghai Auto, Temasek, Applied Ventures, and Vertex. In July 2021, the company went public via a merger with a special purpose acquisition company (SPAC) Ivanhoe Capital.

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Air Liquide, Idex, STEP, Toyota create HysetCo to promote development of hydrogen mobility in Paris region; 600 Hype H2 taxis by the end of 2020

Green Car Congress

HysetCo will make it easier to roll out hydrogen fuel cell vehicles and their recharging infrastructure within the Île-de-France region in order to reach the objective of 600 taxis by the end of 2020. This infrastructure is part of the H2ME 2 project financed by the Fuel Cells and Hydrogen 2 Joint Undertaking as part of subsidy agreement no.700350.

Taxi 321
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Hercules EV opens $20M Series A round; targeting electric pickup in late 2022; Prieto solid-state batteries

Green Car Congress

The Alpha will offer powertrain configurations delivering more than 1,000 hp through a torque-vectoring four-motor drive system. The motors provide independent torque control for stability and ultimate high-performance.

Li-ion 365
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Bcomp closes US$35M Series B with mobility and impact venture capital

Green Car Congress

Bcomp, a leading manufacturer of high-performance components made from natural fibers, has closed its oversubscribed Series B financing round of CHF 32.4 BMW has tested and validated Bcomp’s ampliTex and powerRibs technologies in leading motor racing categories since 2019. Starting with the iFE.20

Volvo 259
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California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

Green Car Congress

Startup electric car company Aurica Motors announced a plan to keep the NUMMI plant, which employs 4,700 people, from shutting down when Toyota leaves on 31 March. Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing.