article thumbnail

Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

The company ships to South Africa, Nepal, Kuwait, South America, and Sri Lanka. The company could offer customers the option of renting batteries that charge from the grid, similar to how they refuel petrol-powered scooters. According to sources, three new models will be launched this year.

article thumbnail

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

Chevron has already shifted to gas-fired co-generation plants to produce steam and export power to the California grid; it is also working on a solar concentrator pilot in New Mexico that would generate steam using sunlight to further reduce costs and environmental impact of its thermal production process.

Chevron 244
article thumbnail

Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

Saudi Arabia and Kuwait might, and should be encouraged to do so. The US and China take the lead in scaling up the technology, given their large markets, tech-friendly regulatory environments and industry giants, such as Google and the State Grid Corporation of China. Nigeria or Algeria cannot do the same for their oil industry.

Carbon 207