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Better Place announced the grand opening of the company’s first electric vehicle (EV) battery switch demonstration center in Israel. In the near future, the Better Place Center will have the Renault Fluence ZE for demonstrations, which will be available in Israel in 2011. Earlier post.).
ATP Oil & Gas Corporation, an international offshore oil and gas development and production company with operations in the Gulf of Mexico and the North Sea, is expanding its deepwater operating and infrastructure expertise to offshore Israel. Paul Bulmahn, Chairman and CEO. In December 2010, Texas-based Noble Energy, Inc.
announced discoveries at the Tamar Southwest (SW) exploration well offshore Israel and at the Dantzler exploration well in the Deepwater Gulf of Mexico. The Tamar SW well offshore Israel, testing a new exploration prospect, encountered approximately 355 feet of net natural gas pay within the targeted Miocene intervals.
Under the Liquidation Petition filed in Israel on Sunday, Better Place listed assets of $9.5 PrivCo CEO and Corporate Lawyer Sam Hamadeh explained that the Israeli insolvency regime is based on the Companies Ordinance (New Version) 5743-1983, the Companies Regulations (Liquidation) 5477–1987, and the Bankruptcy Ordinance of 1980.
Israel-based Ampal-American IsraelCorporation signed an option exercise agreement with Merhav (M.N.F) Merhav is a multinational corporation with interests in a range of sectors, including energy, infrastructure projects, and agriculture. Colombia requires 10% ethanol blending in gasoline distributed in Colombia.
Globes in Israel reported that sources said that Thornley left over differences with Chairman Idan Ofer over Better Place’s future, especially over plans to reduce activity in global markets and focus on its core markets of Israel and Denmark.
and IsraelCorporation and headquartered in Shanghai ( earlier post ), has awarded AAM (American Axle & Manufacturing, Inc.) Qoros Auto Co., joint venture between Chery Automobile Co., a driveline systems contract for e-AAM technology to be applied on a future model year Qoros vehicle.
Israel Corp. a US subsidiary of IsraelCorporation’s renewable energy unit IC Green Energy Ltd., unit reports biomass fuel breakthrough Globes. Primus Green Energy Ltd., The final product is 93 octane gasoline, with the energy capabilities and characteristics of regular gasoline for vehicles and industry.
companies associated with China Guodian Corporation, to establish a Chinese joint venture for the commercial cultivation of microalgae. and Penglai Weiyuan Science & Trading Ltd., China Guodian is one of China’s largest power companies with more than 100 power stations.
XGS) closed on a strategic investment led by Samsung Ventures Investment Corporation (Samsung Ventures). Samsung Venture Investment Corporation is the Venture Capital arm of the Samsung Group with offices in Seoul, Silicon Valley, Israel, London and Tokyo. Graphene manufacturer XG Sciences, Inc. —Philip Rose.
Intel Corporation today has acquired Moovit, a mobility-as-a-service (MaaS) solutions company, for approximately $900 million ($840 million net of Intel Capital equity gain). Moovit was founded in 2012 and is based in Tel Aviv, Israel, with approximately 200 employees.
The system is a cornerstone for the EERC’s proposed United States-Israel Hydrogen Fueling and Fleet Demonstration, which proposes to demonstrate hydrogen as a fuel for transit buses in North Dakota and Tel Aviv, Israel. The EERC is currently seeking federal co-funding for that project.
Seambiotic USA, the US subsidiary of Israel-based Seambiotic, has entered into an agreement with NASA Glenn Research Center to develop an on-going collaborative R&D program for optimization of open-pond microalgae growth processes. to reduce biomass process cost.
Israel-based EVR Motors has signed an agreement with RSB Group, one of India’s Tier-1 automotive suppliers. Kishore has been instrumental in formulating and executing EVR’s India business strategy and has previously held key corporate positions in prominent automotive companies in India.
This is the first corporate venture investment program by both NRG Energy—owner and operator of one of the US’ largest and most diverse power generation portfolios—and ConocoPhillips, the third-largest US integrated energy company. Ciris Energy , Inc.,
Israel-based Autotalks, a developer in V2X (Vehicle to Everything) communication chipsets ( earlier post ), has completed its Series D round with about $40 million in investments, an oversubscription of $10 million. Additionally, current Autotalks’ investors increased their investment in the company.
—a partnership between Chery Automobile, China’s largest independent car manufacturer, and IsraelCorporation—is bringing its Cross Hybrid Concept to the Geneva Motor Show in March. Qoros Auto Co. Guangzhou Automobile Group. Click to enlarge. Qoros Auto Co.
Daimler chose to partner with UBQ through Plug and Play’s Startup Autobahn, an innovation platform that connects emerging technologies to pilot opportunities with multinational corporations. UBQ operates a test plant in southern Israel which already supplies UBQ to the plastic industry with a capacity of 5,000 tons per year.
Capstone Turbine Corporation is introducing a prototype range-extended electric supercar using one of its 30 kW C30 microturbines as the generator unit. The US DOE and BIRD selected a product development effort by Capstone Turbine and Israel’s HelioFocus Ltd. The CMT-380. Click to enlarge. DOE and BIRD Grants.
ON Semiconductor Corporation is acquiring and licensing mmWave technology developed by the IBM Research Haifa Lab research team for use in automotive radar applications. The acquisition creates a new Israel design center for ON Semiconductor that reports directly into the automotive solutions division within the Image Sensor Group.
Intel Corporation and Mobileye N.V. Mobileye will remain headquartered in Israel and led by Prof. Intel expects the acquisition to accelerate innovation for the automotive industry and to position itself as a leading technology provider in the market for highly and fully autonomous vehicles.
Additional investments include strategic and financial support from Novelis, Magna International, JX Nippon Mining & Metals, Union Tech Ventures, 8090 Partners, GiTV, Talcar Corporation, Bridges Israel impact investment fund, Doral Energy Tech Ventures (Doral Energy CVC), and Dr. David Deak.
If you live in Israel you only have another year or so to wait. During a conversation with Globes yesterday, IsraelCorporation CEO Gilad Nir commented that electric cars, in association with the Better Place venture, were on the fast track to Israel’s [.].
Better Place, whose corporate model allows electric car owners in Israel, Denmark and Australia to have their car's entire battery swapped at stations around the country, has faced increasing.
Israel-based Electreon, a developer ofin-road wireless electric vehicle charging technology for shared, commercial and passenger vehicles, and ASPIRE (Advancing Sustainability through Powered Infrastructure for Roadway Electrification), an NSF-funded engineering research center, are launching a joint demonstration project.
provider of high-tech rearview mirrors, dimmable glass and automobile electronics, is making an investment in and taking part with an Israeli corporate that has created a tiny thermal digital camera. Adasky used to be based in Israel in 2016. The Gentex and Adasky groups will perform engineering paintings in Israel. Gentex Corp.,
The round was led by MoreTech Ventures, with participation from several strategic investors, including Volvo Group Venture Capital, Nationwide, NI and Japan-Israel High Tech Ventures. Foretellix is now commercially engaged with dozens of the largest names in the automotive industry, including Volvo Group and DENSO Corporation.
Battery swapping pioneer Better Place, which saw key executives leave in 2012, has failed to capture the expected number of subscribers to its EV service in the initial launch market of Israel and borrowed money to continue the expensive build-out of battery swap stations in Denmark.
Earlier this week, British Columbia Hydro and Power Authority (BC Hydro) contracted Electric Transportation Engineering Corporation (eTec), a wholly owned subsidiary of ECOtality, Inc., In 2007, ECOtality acquired Electric Transportation Engineering Corporation (eTec). Earlier post.).
Qoros Automotive, an equal joint venture partnership founded in 2007 between China-based Chery Automobile and IsraelCorporation, is presenting the world premiere of its first series production vehicle, the C-segment Qoros 3 Sedan, at the Geneva International Motor Show. Qoros 3 sedan. Click to enlarge.
Toyota Research Institute (TRI) is investing an initial $100 million to launch Toyota AI Ventures , a new corporate venture capital subsidiary designed to provide early-stage financing to startup technology companies. TRI participated in SLAMcore’s seed financing in March 2017.
It will also look into educating the public on EV technology though a nationwide EV sharing programme or through corporate fleets. The Alliance has begun ZEV initiatives in Kanagawa Prefecture and Yokohama in Japan, as well as in Israel, Denmark, Portugal, Monaco, the UK, France, Switzerland, Ireland, China and Hong Kong.
In reviewing its efforts to date in reducing CO 2 emissions, Nissan said that AESC (Automotive Energy Supply Corporation), its joint venture with NEC Corporation and NEC TOKIN Corporation, aims to be a leader in battery technology. Mid-term results for minimizing CO 2. Raleigh, N.C. and Washington, D.C.
These are key elements of our corporate strategy, NUMBER ONE > NEXT, our roadmap for the future. Our test fleet is now on the roads in Germany, Israel and the US – making daily trips. When the rules of the game change, we want to be the ones rewriting them. Our strong commitment to e-mobility is underlined in NUMBER ONE > NEXT.
A key partner in this area will be Gett, one of the leading providers in the European ride-hailing market with development facilities in Israel. Gett is available in more than 60 cities worldwide, including London, Moscow and NYC. In London, half of all the black cabs use Gett.
Intel Corporation announced a definitive agreement under which Intel would acquire Mobileye, a global leader in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous driving. per share in cash, representing an equity value of approximately $15.3
The first of those missions – Israel’s Beresheet spacecraft – already flew in early 2020 as part of a unique rideshare with a commercial geostationary communications satellite. One of those six landers wound up canceling their contract due to corporate issues, leaving SpaceX with four of five CLPS launch contracts.
is equipped with a lithium-ion battery pack produced by AESC (Automotive Electric Supply Corporation), a Nissan-NEC joint venture which was founded in April 2007. Renault will start marketing all-electric models in 2011, beginning with a family sedan in Israel, and a utility version of New Kangoo in Europe. Kangoo be bop Z.E.
BYD received Israel’s largest electric bus order. In a recent trend of electric vehicles and electric bus segment, the Egged, Public transport operator and the largest bus company in Israel has ordered 100 purely electric 12-metre buses from BYD. Electric bus market and trends .
And hundreds of mayors and corporate leaders committed their futures to meaningful action. Shai Agassi updated the world on Better Place’s plan to install fast-switch stations and quick chargers in Denmark, Israel, Tokyo, and the US. And the international press did its job. Vegas anyone?
TEL AVIV, Israel — Israeli car era startups hoping to reflect the luck of Mobileye showcased their inventions for challenge capitalists, automakers and Tier 1 providers right here at the once a year EcoMotion Occasion convention. Greater than 3,000 folk attended Tuesday’s exhibition.
It has picked up $12million from IC Green Energy Ltd, the renewable energy arm of IsraelCorporation – bringing its total funds raised over the last five years to $40million. Primus Green Energy – a company that develops petrol and other fuels from biomass and natural gas – has received a substantial funding boost. Thanks [.].
mentioned on Monday that it will achieve Israel’s Autotalks Ltd., The corporate didn’t expose the phrases of the do business in however mentioned Autotalk’s era could be integrated into its assisted and independent riding product, known as Snapdragon Virtual Chassis. Qualcomm Inc. for that slice of the marketplace.
Chip fashion designer Qualcomm will purchase Israel’s Autotalks because the U.S. corporate seems to deepen its car industry, Qualcomm stated in a commentary. The corporate had credited the soar to its Snapdragon Virtual Chassis product worn by means of automakers and their providers.
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