DG Matrix provides solid-state transformer solutions for data centers and electrification projects such as microgrids and EV fleets. Now the company has secured $20 million in an oversubscribed seed funding round. Clean Energy Ventures led the round, and industry stalwarts including ABB, Cerberus Ventures, Chevron Technology Ventures and Piedmont Capital participated. The new funding brings… Read more »
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Rhythmos.io collaborates with E3 to study effects of EV charging on grid infrastructure
EV charging optimization platform Rhythmos.io has partnered with Energy and Environmental Economics (E3), an energy and environmental consulting company headquartered in San Francisco, to conduct a research study that examined unmanaged, passively managed and optimized charging scenarios in utility service territories in two regions of the country to gain an understanding of potential impacts and… Read more »
REE Automotive’s modular REEcorners enable unprecedented flexibility in EV design
Taking the EV skateboard chassis to another level Q&A with Dr. Peter Dow, REE Automotive’s VP of Engineering. To a large extent, vehicles are designed around their propulsion systems. The first generation of modern EVs shoehorned an electric motor and a battery into a vehicle that was designed around an engine, a transmission and a… Read more »
Nuvve wins $400-million contract from New Mexico for EV charging, V2G and microgrid development
Nuvve, a pioneer in grid modernization and vehicle-to-grid (V2G) technology, has won a contract with the State of New Mexico to provide a turnkey electrification solution. Nuvve estimates the contract’s total addressable market for the state’s fleet electrification and supporting infrastructure to be approximately $400 million. Nuvve is expected to announce the first project by… Read more »
Infineon’s GENIAL! project supports collaboration between automotive manufacturers
The recently concluded GENIAL! project coordinated by German semiconductor manufacturer Infineon Technologies developed a joint electronics roadmap to optimize collaboration between automotive OEMs and their component and technology suppliers, to accelerate innovation. The project was funded by the German Federal Ministry of Education and Research (BMBF), which provided 55% of the total €19.6 million budget,… Read more »
ENAPI raises 7.5 million euros in seed funding for its EV charging connectivity platform
ENAPI, a connectivity platform for the EV charging industry, has closed a 7.5-million-euro ($8.1-million) seed funding round led by Voyager Ventures. The new financing round, combined with a $2.7-million pre-seed round completed 10 months ago, brings the company’s total funding to $10.8 million. ENAPI will use the new funding to fast-track its plans to become… Read more »
Octillion Power Systems inaugurates EV battery factory in Nevada
Octillion Power Systems, which supplies high-density lithium-ion battery packs for passenger and commercial fleet EVs, has inaugurated a new battery system manufacturing facility in Reno, Nevada. The approximately 40,000-square-foot facility will supply the North American EV, off-highway, commercial equipment, marine and grid storage markets. By 2025, the plant’s production lines have a forecasted total capacity… Read more »
Austria’s Kreisel Electric to partner with Germany’s CustomCells on battery design
CustomCells, a German battery cell manufacturer, has announced a partnership with Kreisel Electric, an Austrian company specializing in the development of battery systems. The two plan to develop two new cell designs as part of the partnership. Kreisel has been majority-owned by John Deere since 2021, and is based in Rainbach, Austria. It develops battery-integrated… Read more »
Battery production systems made in Europe
Sponsored by Schuler. After acquiring the Italian Sovema Group, Schuler is gradually establishing itself as a system supplier in the field of battery production. The first successful large-scale projects show that the strategy is working. Schuler passed an important milestone as a supplier for gigafactories with the construction of a formation line for a large… Read more »
ENAPI secures seed funding to accelerate growth as a clearing house for EV charging
Berlin-headquartered ENAPI, developer of an EV charging software platform to facilitate communication of transaction data between charge point operators (CPOs) and e-mobility service providers (eMSPs), has raised €7.5 million in a seed funding round led by venture capital firm Voyager Ventures. This latest round brings ENAPI’s total funding to €10 million. The company’s network encompasses… Read more »