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Hyundai Motor to establish Hyundai Mobility Global Innovation Center in Singapore

Green Car Congress

Hyundai Motor Company will establish a Hyundai Mobility Global Innovation Center in Singapore (HMGICs) to accelerate its innovation efforts, with support from the Singapore Economic Development Board (EDB). It also will help define the future business direction for the company. HMGICs will become Hyundai’s global open innovation hub.

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General Motors acquires battery software startup ALGOLiON

Green Car Congress

General Motors has acquired substantially all the assets of Israel-based battery software startup ALGOLiON Ltd. ALGOLiON employees, including the company’s founders, will remain based in Israel and join more than 850 employees at the GM Technical Center in Herzliya, Israel. for an undisclosed sum.

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Wallbox becomes a member of Green Energy Association of Israel

Wallbox

A switch to greener energy sources is core to ensuring global ecological transition. Israel is undergoing an energy revolution, with the country having pledged to allow only electric passenger cars to be sold by 2030. As a new member, we are delighted to be part of GEA-IL´s vision for the future. Revolution.

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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. —Erez Freibach, Co-founder and CEO of Carrar.

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Shell chooses Driivz’s EV charging and smart energy management platform for European buildout

Green Car Congress

Israel-based Driivz announced that Shell has selected the Driivz EV charging and smart energy management platform to help accelerate the build out of new charging locations in more than 10 European countries, supporting Shell’s ambition to operate more than 500,000 charge points globally by 2025 and 2,500,000 by 2030.

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Indian EV maker Ola Electric makes multi-million-dollar investment in StoreDot

Green Car Congress

Israel-based StoreDot, the developer of extreme fast charging (XFC) technologies for electric vehicles, has secured a multi-million-dollar investment from Ola Electric, India’s leading EV manufacturer. Ola Electric is planning to incorporate and manufacture StoreDot’s fast charging battery technologies for future vehicles in India.

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StoreDot reveals fast-charging 4680 cylindrical cell with ability to be fully-charged in 10 minutes

Green Car Congress

Israel-based StoreDot, the developer of extreme fast charging battery technology for electric vehicles ( earlier post ), has demonstrated a prototype 4680 form factor cell that is fully charged in just 10 minutes. StoreDot’s extreme fast charging cells have been in development for more than three years.

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