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Ion Storage Systems to receive $20 million in ARPA-E funding to commercialize solid-state battery – Charged EVs

Baua Electric

The program’s goal is to help ARPA-E-funded technologies transition from proof-of-concept prototypes to commercially scalable and deployable versions. ARPA-E’s SCALEUP funding and corporate partnerships will enable Ion to expand its manufacturing facilities in the US. million program budget.

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ZeroAvia secures additional $24.3M to launch development of 2MW hydrogen-electric powertrain for regional aircraft

Green Car Congress

Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. This new round accelerates the larger hydrogen-electric engine development for the 50+ seat aircraft and supports additional commercial airlines initiatives to adopt hydrogen in aviation.

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Airbus and LM Industries create mobility startup Neorizon; digital manufacturing

Green Car Congress

Both parties recognized the commercial opportunities for pooling resources and expertise, specifically combining LM Industries’ digital manufacturing with Airbus’ materials expertise, metal 3D printing and additive manufacturing, and prototyping and serial production capabilities. leadership. —Benjamin Queisser, Neorizon CEO.

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Danish Parker project developing universal definition for EV integration with electric grid for V2G services

Green Car Congress

Nissan, Mitsubishi Corporation, Mitsubishi Motors Corporation, PSA Groupe, NUVVE, Frederiksberg Forsyning, Enel, Insero and DTU (Technical University of Denmark) Electrical Engineering (PowerLabDK) are partnering in the Danish project Parker to develop a universal definition for grid integration for electric vehicles. —Prof.

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Car leasing market to cross 1 lakh units per annum in 3 years, says Mohammed Turra of Quicklyz | Autocar Professional

Baua Electric

Quiklyz, the leasing arm of Mahindra Finance expects the vehicle leasing market to grow at double the pace of car sales growth and cross the 1 lakh units mark in the coming three years. Corporations are increasingly preferring to lease vehicles over acquiring vehicles and put it on their balance sheet.

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Velocys receives FONSI from USDA for planned Mississippi biorefinery; wood waste to drop-in fuels

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Velocys has engaged the global leading project finance bank, Sumitomo Mitsui Banking Corporation (SMBC), as the lender of record and as its financial advisor. Velocys technology is in use at ENVIA, the world’s first commercial smaller scale gas-to-liquids plant.

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HR Biopetroleum changes name to Cellana

Green Car Congress

He is an adviser to Natural Power Concepts and two other energy start-ups. Prior to joining HRBP, he led the corporate development function at Diversa Corp., and led a number of additional functions within Diversa’s Finance and Accounting Department. Sabarsky has served as the CFO and COO of HRBP since August 2008.

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