Scottish start-up Trojan Energy has secured a £4.1 million round of seed funding to support the roll-out of its on-street flat and flush EV charging points. Equity Gap led a £1 million funding round; other investors include SIS Ventures, Alba Equity and the Scottish Investment Bank. The equity funding unlocked an additional £3.1 million from… Read more »
Search Results Found For: "Innovate UK"
NCC partners with Drive System Design to integrate composite materials into e-drives
England’s National Composites Centre (NCC) is partnering with engineering consultancy Drive System Design (DSD) on a new project to improve the efficiency of integrated e-drives. The 12-month project is partly funded by the UK’s innovation agency, Innovate UK, and will investigate the use of composites to enable both increased power density and a reduction in… Read more »
Urban Electric releases image of on-street pop-up charger
British startup Urban Electric has released an image of its UEone, a retractable pop-up charging hub for residential on-street parking. The company says its charger is a solution for the 50% of UK city drivers who park on the street at night. The company plans to install the units as fast charging hubs on residential… Read more »
Alvant’s aluminum matrix composites boast 40% weight savings for electric motor rotors
Innovate UK is sponsoring a number of competitions to spur companies to develop emissions-reducing vehicle technologies, with millions of pound in grant money for the winners. One of these is Make it Lighter with Less, which aims to improve the efficiency and performance of electric motors. This project is led by Alvant, a specialist in… Read more »
EO charging installs 40 smart chargers for London logistics firm
UK-based EVSE manufacturer EO Charging has completed the installation of 40 EO smart chargers for London-based logistics firm Gnewt Cargo. Gnewt Cargo, a last-mile city logistics operator that has its main depot in the Bow area of London, has commissioned a total of 63 EO smart chargers, connected by two eoHUBs, to keep its 100%… Read more »
Nexeon and partners win £7 million in funding to develop silicon anode tech
Silicon anode specialist Nexeon, along with a couple of partners, has been awarded £7 million in Innovate UK funding for the SUNRISE project, which will develop battery materials based on silicon as a replacement for carbon in the cell anode Nexeon will lead the silicon material development and scale-up stages of the project, while polymer… Read more »
Flexible Power Systems raises £2.7 million to bring electric fleet management platform to market
UK-based electric fleet software developer FPS has received a combination of equity investment and a £1.49-million loan from national innovation agency InnovateUK to advance the commercialization of its FPS Operate EV and charger management platform for commercial vehicle fleets and expand its use range. FPS Operate was originally developed for the van and transport refrigeration… Read more »
Airbus and Renault team up to advance research on electrification
Airbus and Renault Group have signed an R&D agreement under which their engineering teams will join forces to improve energy storage-related technologies. More specifically, the cooperation agreement will focus on technologies related to energy management optimization and battery weight improvement, including solid-state battery designs, which some say could double the energy density of batteries in… Read more »
Turntide Technologies acquires AVID Technology, raises $225 million in financing
Turntide Technologies has acquired UK-based AVID Technology, a cleantech engineering firm that manufactures electrified powertrain components for EVs and hybrids. Turntide’s Smart Motor System may reduce energy consumption by nearly 64%, and is free of the rare earth minerals that most higher-efficiency permanent magnet motors require. The company has been on an expansion spree lately,… Read more »
Polestar announces partnership with European charging network Plugsurfing
EV startup Polestar has begun production of its Polestar 2 in Luqiao, China, and hopes to begin deliveries this summer, starting in Europe and followed by China and North America. Now Polestar has announced a partnership with European public charging network Plugsurfing, which will give Polestar 2 drivers in Belgium, Germany, the Netherlands, Norway, Sweden,… Read more »