New Partnership To Power North America’s Entry Into Hydrogen Fuel
HTC Extraction Systems is finalizing its IP partnership agreement and equity stake purchase in US based company, Hydrogen Fueling Corp. The synergy between practical, proven hydrogen production technology and the roll-out of hydrogen fueling infrastructure is what will catalyze and…
Sibros Closes $12 Million Series A For First Deep Connected Vehicle Platform
Deep Connected Vehicle platform company Sibros, announced it has closed $12 million in Series A funding, bringing its total capital raised to over $15 million. The round was led by Nexus Venture Partners with participation from Moneta Ventures and Twin…
Alibaba-Backed EV Maker Xpeng Raises $500 Million
Chinese electric vehicle (EV) manufacturer Xpeng Motors, backed by Alibaba Group Holding Ltd, announced it has raised around $500 million in its latest funding round. As enthusiasm builds for more climate-friendly vehicles, shares of EV makers, including Tesla Inc and…
ABB India’s First Public DC Fast Charger For New Delhi With BYPL And EV Motors India Unveiled
ABB India limited, today installed its first Public DC fast charger in New Delhi with EV Motors India, the major charge point operator for BSES Yamuna Power Limited. The Terra54 CJG charging station, which caters to multiple charging protocols of…
Hitachi ABB Power Grids Wins ₹1.2 Billion Deal To Supply Transformers To Indian Railways
Hitachi ABB Power Grids India announced that it won a ₹1.2 billion (~$16.05 million) order to help the Indian government’s goal of 100% railway electrification and to reduce its carbon footprint. Under the order, the company will deliver its transformers…
UK’s Oil Giant BP To Invest $70 Million In India’s Green Growth Equity Fund
United Kingdom-based oil giant BP announced its plans to invest $70 million (~₹5.22 billion) in India’s Green Growth Equity Fund (GGEF), which aims at promoting zero carbon and low carbon energy solutions in the country. Once the transaction is completed…
BMW Signs $2 Billion Battery Supply Contract With Northvolt
BMW like many other German car manufacturers, it is hedging its bets by designing cars that can be powered by gasoline and diesel engines, hydrogen fuel cells, plug-in hybrid technology, or battery electric powertrains. The car companies say such an…
Nissan And Sunwoda Join Hands For Battery Development
Japanese carmaker Nissan Motor Co. Ltd has partnered with Sunwoda Electric Vehicle Battery Co. Ltd. for joint development of next-generation vehicle batteries for Nissan’s e-POWER models. The two companies will also discuss the development of an efficient production system to…
Yank Technologies First To Receive FCC Certification For Contactless Wireless Charging Solution
New York-based start-up company, Yank Technologies, announced its contactless, wireless charging product, the MotherBox, is officially certified by the Federal Communications Commission (FCC). This marks the first time a device of this nature has received the certification. Yank Technologies first…
Hitachi ABB Power Grids Launches Game-Changing EV Charging System For Large Scale E-Mobility
Hitachi ABB Power Grids launched Grid-eMotion™ Fleet, a game-changing grid-to-plug EV charging system that delivers a step-change approach for public transport and commercial operators. The smart mobility solution enables operators to efficiently scale up their operations and is expected to…
