Posts Tagged ‘battery’
13 January 2012
German chemical giant BASF has made a $50m equity investment into US energy storage company Sion Power.
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24 October 2011
With so many competing start-ups in the electric vehicle sector - most without the financial clout to dominate the space - collaborations and eventual mergers are inevitable, an expert has told NewNet.
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7 October 2011
US battery specialist Contour Energy Systems has raised $20m through Series C fundraising with Singapore-based global fund EDBI acting as lead investor.
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30 September 2011
One of the world’s largest utilities, the China South Power Grid, has completed construction on a huge iron-phosphate battery system capable of charging or discharging more than 12MW hours or 3MW continuously for four hours off or onto the electricity distribution network.
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26 August 2011
US energy storage company Valence Technology has received a $7.2m order to supply 100 lithium phosphate batteries from Electric Vehicles International.
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3 August 2011
UK-based battery developer Nexeon has raised £40m, led by a £15m contribution by the Imperial Innovations Group.
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20 July 2011
The University of Illinois has entered into a licensing agreement with Xerion Advanced Battery to bring the University’s StructurePore battery-charging technology to market.
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27 June 2011
Electric drive system innovator MotoCzysz told NewNet that it will look to raise $10m through the sale of a 25 per cent equity stake in a capital raise that will see it expand its production capabilities.
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7 February 2011
Nissan’s much anticipated electric vehicle – the Leaf - has hit delays in deliveries to the US market, despite the Japanese car maker insisting production is on schedule.
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7 February 2011
Private equity investor Origo Partners said it is to acquire a 49 per cent stake in electric vehicle battery system developer Shanghai EV-Tech.
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24 January 2011
Mazda is set to join the ranks of car manufacturers looking to develop low-carbon vehicles, going head-to-head against those targeting the city drivers.
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24 November 2010
Utility provider Duke Energy and Tokyo-based business conglomerate ITOCHU have agreed to collaborate on advanced energy technologies, starting with the evaluation and testing of the re-use of electric vehicle (EV) batteries.
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5 August 2009
US President Barack Obama has announced 48 new advanced battery and electric drive projects that will receive $2.4bn in funding under the American Recovery and Reinvestment Act.
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3 August 2009
Nissan has unveiled its first electric car, the Leaf, designed specifically for a lithium-ion battery-powered chassis.
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28 July 2009
Solicore, Inc., a developer, manufacturer and supplier of ultra-thin, flexible lithium polymer batteries, has closed the first phase of its Series D preferred stock financing round. The company has raised $12.2m to date in this round and expects a second closing within three weeks that will bring the total of the Series D round to approximately $13.3m.
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27 July 2009
Energy storage technology company Blue Spark Technologies has closed $1.5m of an expected $5m of Series B funding with investments by US venture capital firms Early Stage Partners, Sunbridge Partners, and several private investors.
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16 July 2009
Energy storage technology company ReVolt Technology has expanded its technical leadership team with the addition of semiconductor and battery industry veterans Jim McLean and Paul Tang, as director of engineering and manager of technology integration, respectively.
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13 July 2009
Magna Steyr, an operating unit of Magna International Inc., is to produce lithium-ion battery systems for Volvo Group. The battery systems will be integrated into Volvo's city buses, heavy-duty distribution vehicles and refuse trucks.
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2 June 2009
Boston Power, a Massachusetts-based battery manufacturer, is to open a new factory producing batteries for hybrid and electric vehicles.
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31 October 2008
Californian battery technology company Envia Systems has raised $3.2m in first-round funding from US venture Capital firms Bay Partners and Redpoint Ventures.
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