article thumbnail

BorgWarner acquires Rhombus Energy Solutions

Charged

Rhombus supplies its patented technology to EV OEMs, including Proterra, as well as charging and grid service providers. The technology that Rhombus brings expands BorgWarner’s electric vehicle portfolio in North America and complements our existing European charging business,” said Frédéric Lissalde, President and CEO of BorgWarner. “The

article thumbnail

Battery startup Mitra Chem raises $20 million in Series A funding round

Charged

This situation may change soon, as a series of key patents held by Chinese firms are soon to expire. Iron-based battery chemistries have long dominated the market in China, while US and European automakers have mostly used nickel-based chemistries. We see the same happening right now.

Startups 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Proterra to supply battery tech to Australian bus manufacturer

Charged

In addition to manufacturing its own electric buses, Proterra licenses its powertrain technology under the brand name Proterra Powered. It has collaborated with OEMs such as Thomas Built Bus, Van Hool, Freightliner and Optimal Electric Vehicles to electrify their buses and other heavy-duty vehicles. meter transit bus.

article thumbnail

Siemens buys a stake in wireless EV charging company WiTricity

Smart Energy International

based WiTricity, a wireless charging technology company for electric vehicles (Eve). Siemens said the wireless EV charging market is expected to grow to $2 billion by 2028 in Europe and North America. Siemens said it is investing $25 million to acquire a minority stake in U.S.-based WiTricity Corp.

article thumbnail

Keep your eyes on these 9 electric truck and van companies in 2021

GreenBiz

The upstart is hoping to distinguish itself in the electric vehicle market in two major ways. First, and perhaps most crucially, it plans to price its vehicles at the same or lower prices as comparable fossil-fuel vehicles. This will be achieved partially by using a patented, composite material the company has developed.

article thumbnail

Greentown Go Move 2022 with BASF and Magna Announces Startup Cohort Focused on Automotive Industry Decarbonization

Greentown Labs

8, 2022 — Greentown Labs , BASF , and Magna today announce five startup participants for Greentown Go Move 2022 , a Greentown Go program designed to accelerate startup-corporate partnerships to decarbonize automotive manufacturing and reduce vehicles’ life-cycle impact. Somerville, Mass. and Houston, Texas, Dec. About Greentown Go.

article thumbnail

Greentown Labs Member Milestones — July 2022

Greentown Labs

Cleartrace announced a $20M financing round , from several strategic investors, including Greentown partner EDF Energy North America. Moment Energy established a supply agreement with Mercedes-Benz Energy for second-life electric vehicle batteries. Awards + Recognition.