MiddleGround Capital, a private equity firm focused on middle-market B2B industrial and specialty distribution companies, has acquired Pi Innovo from Powertrain manufacturer Dana. MiddleGround will integrate Pi Innovo, which designs and develops open platform electronic control systems and control software for electrification, clean fuel and specialty mobility applications, into New Eagle, which it acquired in… Read more »
Midwestern Wheels, a licensee of Avis Budget Group, is working with EV charging provider ChargePoint to deliver EV charging to its rental car customers and local residents. New public charging hubs at Midwestern Wheels’ airport and local market rental car branches in Appleton and Madison, Wisconsin are open to the public. Multiple stations feature the… Read more »
Sponsored by DGeo. Transporting Li-ion batteries? Make room for mastery, not mistakes. Transporting very large format lithium batteries—for electric vehicles, solar power storage, data center backup and other purposes—is a major undertaking. Navigating the process safely, compliantly and efficiently is an ongoing challenge, and it’s not uncommon for mistakes to happen. These mistakes are costly…. Read more »
Schneider Electric has introduced Schneider StarCharge Fast 720, an EV charging system for commercial and industrial sites and fleet operators in Europe. The system delivers up to 720 kW and can charge up to 12 vehicles simultaneously, targeting higher-throughput charging as demand for eMobility grows. Schneider Electric reports 97% efficiency for StarCharge Fast 720 and… Read more »
EV charging provider Emobi has closed a $3.4-million seed funding round led by Florida Funders. The company will use the new capital to support the expansion of its proprietary seamless EV charging solution, JustPlug. EV drivers badly need a seamless charging system like the one Tesla drivers have long enjoyed. The good news is that… Read more »
Battery materials and technology company Talga has been granted a patent in Japan that builds on its Talnode-C product line, which combines shaping and coating methods as well as purification to make battery anode materials for use in high-power applications such as hybrid vehicles. Japanese Patent No. 7779483, titled “Anode Material and Method for Producing… Read more »
Cyclic Materials has closed a $75-million Series C equity round to scale its rare earth element recycling operations across the US and Europe and accelerate its Canada-based research and development footprint. The company says the funding will speed deployment of locally anchored recycling infrastructure for magnet-containing end-of-life scrap and magnet production waste—materials it processes to… Read more »
The global electric vehicle industry is experiencing rapid growth, driving an urgent demand for power conversion systems that are not only efficient but also highly reliable. Among these, the on-board charger (OBC) is a critical component, tasked with converting alternating current (AC) from various charging infrastructures, residential, commercial, or public, into direct current (DC) suitable… Read more »
WattEV offers a Truck-as-a-Service solution for carriers and owner-operators—not only does the company have its own fleet of electric trucks, it also operates five heavy-duty EV charging depots, and has 15 more under development. Now the company has added more charging ports and increased the available charging power at its busiest electric truck charging depot,… Read more »
Canada-based Northern Graphite and Saudi industrial group Obeikan Investment have signed a financing agreement to jointly develop and operate a large-scale battery anode material (BAM) facility in Saudi Arabia through a joint venture company. The $200-million BAM facility will have an initial annual production capacity of 25,000 tonnes. Construction of the facility is expected to… Read more »
