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Navigant Research forecasts EV charger global market to grow to $3.8B by 2020; 27.1% CAGR from 2013

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Total installed public EVSE stations by technology and region, world markets: 2012. Navigant Research forecasts that the global EVSE (electric vehicle supply equipment, i.e., charger) market will grow from $713 million in 2013 to $3.8 Source: Navigant Research. Click to enlarge. kW and in some cases up to 19.2

2013 231
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Urban Aeronautics to provide 4 CitiHawk VTOL aircraft to Hatzolah Air for EMS application

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Israel-based Urban Aeronautics Ltd. In August 2020, the two companies signed an MOU to develop, produce, and market the CityHawk aircraft for EMS applications. In August 2020, the two companies signed an MOU to develop, produce, and market the CityHawk aircraft for EMS applications.

Israel 482
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Hyundai Motor to establish Hyundai Mobility Global Innovation Center in Singapore

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Hyundai Motor Company will establish a Hyundai Mobility Global Innovation Center in Singapore (HMGICs) to accelerate its innovation efforts, with support from the Singapore Economic Development Board (EDB). HMGICs will become Hyundai’s global open innovation hub. Hyundai expects to secure new markets and customers through the effort.

Singapore 268
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StoreDot achieves 1000 cycles with silicon-dominant extreme fast charging battery cells; production-ready EV form factor

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StoreDot, the Israel-based developer of extreme fast charging battery technology for electric vehicles, has delivered cells that have exceeded 1000 cycles in production-ready EV form factor. The 300Wh/kg, 700 Wh/l high energy density cells are being shipped in pouch format to StoreDot’s global automotive OEM partners for real-world testing.

Charging 416
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UQM receives new order for electric drive systems for Humvees in Israel

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announced the receipt of a new, follow-on order from RAPAC for PowerPhase HD 950T electric drive systems to be installed in Humvee military vehicles in Israel. This is another successful example of UQM’s execution on our global diversification strategy. UQM Technologies Inc. UQM and RAPAC Communication and Infrastructure, Ltd.

Israel 150
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Electric powertrain company IRP Systems raises $17M in Series B

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Israel-based IRP Systems , a provider of electric powertrain products, raised $17 million in Series B funding. IRP Systems provides high-performance, cost-effective powertrain products to the electric vehicle market. The company’s global customer base includes top automotive and micro-mobility manufacturers.

Companies 277
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Polestar hits 2021 sales target of 29,000 vehicles, up 185% y-o-y

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Polestar, the Swedish premium electric car company founded by Volvo Cars and Geely Holding, delivered on its global sales target of 29,000 vehicles in 2021, representing year-on-year growth exceeding 185%. Polestar increased its global presence from 10 to 19 markets in 2021, with growth in Europe and Asia Pacific.

Kuwait 341