Israeli Electric Powertrain Systems Developer IRP Raises $17M To Advance E-Mobility Tech
IRP Systems, the leading provider of innovative electric powertrain products for e-mobility, announced today that it has raised $17M in Series B funding. The round was led by Chinese VC Fosun RZ capital, with additional funds provided by JAL ventures, previous investor…
The Global Wireless Electric Vehicle Charging Market Is Predicted To Grow To USD 172.6 Million by 2025
From USD 7.0 million in 2019, the global wireless electric vehicle charging market is predicted to grow to USD 172.6 million by 2025, registering a CAGR of 59.9% during the forecast period (2020–2025). Increasing pollution in the air in overcrowded cities leads…
Okaya Power Collaborates With CharIN E.V.
Okaya Power has announced to have become a core member of the Charging Interface Initiative (CharIN E.V.), an open coalition of world-class firms within the electric vehicle (EV) industry. The move is aimed at supporting the Combined Charging System (CCS)…
China Invests In EV Charging Infrastructure To Offset Coronavirus Economic Slump
The response by the Chinese and US governments to the economic slowdown caused by the coronavirus could not be more different. The US is shoveling truckloads of taxpayer money to wealthy corporations, especially oil and gas companies. China is investing…
Workhorse Joins Small UAV Coalition As An Associate Member
Workhorse, an American technology company focused on providing sustainable and cost-effective electric vehicles to the last mile delivery sector, has joined the Small UAV Coalition as an Associate member. The Small UAV Coalition is a partnership whose Board members include…
Wallbox Completes Second Tranche Of $25M Series A Investment
Wallbox, the smart EV charging company, today announced the closing of a $13 million USD (€12 million) second tranche of Series A investment in early March, bringing the total Series A round to $25 million USD (€23 million). The round…
Severn Trent Electrifies Operating Fleet By Installing 352 EVBox Charging Points
Severn Trent, responsible for water supply management, as well as waste water treatment and disposal, is working toward having a fleet of vehicles that are entirely electric by 2030. This is one of the many reasons why EVBox was selected…
Lohia Auto To Put A Hold On Investments And Focus On Sustenance
Three-wheeler and electric vehicle maker Lohia Auto Industries has put on hold major investments, and is focussing on sustenance for itself as well as suppliers to tide over the impact of coronavirus pandemic, according to a top company official. The…
BorgWarner And Delphi Technologies’ Amend Transaction Agreement
BorgWarner Inc. and Delphi Technologies amended certain terms of the definitive transaction agreement they originally entered into in January 2020, under which BorgWarner will acquire Delphi Technologies PLC in an all-stock transaction. Under the terms of the amendment, which has…
WiTricity Technology Integral To China’s Wireless EV Charging Standard
WiTricity’s patented technology is foundational to the Chinese national standard (GB standard) for wireless electric vehicle (EV) charging ratified and published by the China Electricity Council (CEC). Standardization is critical to large-scale deployment of wireless charging for EVs both in China and…
