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Eos Energy Storage, a developer of zinc-airgrid-scale battery technology, completed its $15-million Series B financing round with participation from a syndicate of 21 strategic and financial investors. Eos has developed Znyth, a zinchybrid cathode battery technology. Initial pricing is expected to be $160/kWh.
Defense supplier Arotech Corporation’s Battery and Power Systems Division has received an order to develop three prototype Li-ion batteries for hybrid electric vehicles from an unnamed German automotive supply company. This contract marks Arotech’s entry into the field of hybrid electric vehicles.
NY-BEST is an industry-focused coalition working to establish New York as a global leader in energy storage technology for heavy-duty transportation, electric grid and other storage applications. This is the second of three rounds of funding to help members of NY-BEST move promising technologies toward commercialization. Bettergy Corp.,
Its goal was to collect the information on all on-going or recently concluded RD&D projects on electric and plug-in hybrid electric vehicles, which received EU or national public funding with a budget of more than €1 million (US$1.3 ID4EV); controls allowing grid integration (i.e. —“Paving the way to electrified road transport”.
Even before these ambitious goals are met, the levelized cost [purchase cost + operating cost] of most plug-in hybrid electric vehicles—and of all-electric vehicles with shorter ranges (such as 100 miles)—will be comparable to the levelized cost of ICE vehicles of similar size.
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