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Mission Motors closes $9M Series B round; support to commercialize its EV technology to vehicle manufacturers

Green Car Congress

Proceeds from the financing will support the commercialization of Mission’s electric powertrain technologies and allow the company to expand its partnerships with original equipment manufacturers (OEMs). Warburg Pincus has the right to make additional investments periodically, up to a total of $50 million, at its discretion. Earlier post.).

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GKN Land Systems ramping up production of electric flywheel hybrid technology for buses

Green Car Congress

In June, GKN’s Gyrodrive system helped power Audi Motorsport’s hybrid race car to a third consecutive victory in the Le Mans 24 Hour endurance race. Gyrodrive can also help improve the efficiency of other commercial vehicles used in cities. The electric flywheel started life in motorsport.

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Magneti Marelli and Flybrid Systems Collaborate on Flywheel Capacitor for KERS

Green Car Congress

The new product is targeted to be a high-power electrical storage system for hybrid racing cars capable of deep depths of discharge with no performance degradation and a long service life. The new flywheel capacitor product will be commercially available from both Magneti Marelli and Flybrid Systems.

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Toyota broadly outlines next-generation Prius; developing wireless inductive charging for the plug-in model; bullish on hydrogen

Green Car Congress

Toyota’s first commercially available hydrogen fuel cell vehicle will go on sale in global markets in 2015. Ogiso also highlighted how hybrid technology is influencing motorsports, and how motorsports will aid the development of better hybrid technologies in the future. Toyota’s TS-030 uses supercapacitors instead of batteries.

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