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Breakthrough Energy Ventures backs methanol fuel cell company Blue World Technologies

Green Car Congress

Blue World Technologies announced that the Bill Gates-founded Breakthrough Energy Ventures (BEV) entered as an investor in Blue World Technologies alongside Vaekstfonden (The Sovereign Investment Fund of Denmark), DEUTZ AG, and existing investors who invested back in December 2021 to complete the company’s €37-million series B round.

Companies 293
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The Boring Company acquires more land for Vegas Loop expansion: report

Teslarati

Reports have indicated that Elon Musk’s tunneling startup, The Boring Company, has purchased a new piece of land in Las Vegas. As noted in a report from the Las Vegas Review-Journal , a firm affiliated with The Boring Company, Object Dash, bought a 1.8-acre miles of tunnels that connect the LVCC West Hall with the main campus.

Las Vegas 129
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HaaS company Hydra Energy delivers first converted hydrogen-diesel co-combustion heavy-duty truck; up to 40% hydrogen

Green Car Congress

Lodgewood Enterprises, a full service short- and long-haul trucking company based out of Prince George, British Columbia, received the initial truck marking the first of 12 semi-trucks to be converted with Hydra’s fully reversible, hydrogen-diesel conversion kit at no cost to Lodgewood. —Lodgewood President Arlene Gagne.

Hydrogen 397
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FCA US reaches settlements on diesel emissions at estimated cost of $800M

Green Car Congress

The estimated total cost of settlements is $0.8 federal and state authorities FCA maintains its position that the Company did not engage in any deliberate scheme to install defeat devices to cheat emissions tests. The affected vehicles will also qualify for an extended warranty in connection with the software update.

Cost Of 312
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BMW i Ventures invests in GenXComm to increase speed and lower cost of 5G rollout; microphotonics-based full-duplex, high-speed communication

Green Car Congress

BMW i Ventures has invested in GenXComm , a company with technology that improves the performance and capacity of communication networks, and which aims to increase significantly the speed of global 5G deployment. GenXComm is ushering in the next revolution of computing and connectivity. —Marcus Behrendt, partner, BMW i Ventures.

Cost Of 170
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Elon Musk’s Boring Company submits plans for 6.2-mile Loop system in Miami

Teslarati

It appears that Elon Musk’s tunneling startup, The Boring Company, is looking to secure its next big project. As per a recent report, The Boring Company has submitted a proposal to build the North Miami Beach Loop, a 6.2-mile The tunneling startup estimated that the proposed project would cost around $185-$220 million.

Miami 144
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Driving Dystopia: More Companies Found Covertly Sharing Driving Data, Raising Insurance Rates

The Truth About Cars

With corporate media finally aware of the perils of connected vehicles, we’ve seen a rash of articles exploring how insurance rates have spiked due to automakers sharing user data. Those features, though, are provided by an analytics company, Arity, which was founded by Allstate in 2016 and pays for access to the data.

Companies 105