Commercial Electrical Financing MIT 
Green Car Congress
JULY 28, 2021
A region of the central Pacific—the Clarion Clipperton Fracture Zone (CCFZ)—is estimated to contain vast reserves of polymetallic nodules that are rich in nickel and cobalt—minerals that are commonly mined on land for the production of lithium-ion batteries in electric vehicles, laptops, and mobile phones. earlier post ).
Green Car Congress
MARCH 14, 2012
a company that has developed a low-cost hybrid electric powertrain designed specifically for class 1-3 commercial fleet use ( earlier post ), will display a Chevrolet Express 2500 cargo van fitted with the company’s hybrid technology at the 2012 Massachusetts Institute of Technology (MIT) Energy Conference Energy Showcase on 16 March.
Green Car Congress
JULY 7, 2011
Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. Patents for all liquid metal battery inventions were licensed from MIT.
Green Car Congress
DECEMBER 22, 2011
A three-year study by a team of researchers based at MIT has concluded that fundamental changes are needed in the US energy-innovation system. The study was carried out at the MIT Industrial Performance Center and involved faculty and students from nine MIT departments. Business as usual is unsustainable over the long run.
Green Car Congress
MAY 21, 2012
developer of a low-cost hybrid electric powertrain designed specifically for class 1-3 commercial fleet use ( earlier post ), has signed an agreement with Henley Transmission Services, LLC, the largest franchise holder of AAMCO automotive service centers, to certify AAMCO technicians to install and service XL Hybrids’ hybrid-electric conversions.
Green Car Congress
AUGUST 17, 2010
24M Technologies launched as a new venture focused on commercializing next-generation energy storage systems based on technology out of A123 Systems. ARPA-E has awarded a total of $6M to a collaborative effort between 24M, MIT and Rutgers to further develop its technology ( earlier post ), on top of previous funding to MIT from DARPA.
Green Car Congress
APRIL 30, 2014
Ambri, developer of Liquid Metal Battery grid-scale energy storage technology, closed a $35-million Series C equity financing. The energy is stored in the liquid metals that want to react with one another but can do so only by transferring ions across the electrolyte, which results in the flow of electric current out of the battery.
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