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NOVI–Our Next Energy Inc., the Novi-based energy storage technology company, today announced it has closed a $300 million Series B capital raise at a post-money valuation of $1.2 billion. The round was led by the Los Angeles venture capital firm Fifth Wall and the San …
WIXOM—Spruce Power Holding Corp. (NYSE: SPRU) has announced final plans to exit its legacy business in fleet electric and hybrid vehicle powertrain development to concentrate on solar energy operations. In …
SOUTHFIELD—Lear Corp. (NYSE: LEA), the automotive electronics and seating supplier, announced that it had been selected by General Motors to be the exclusive supplier of battery disconnect units on all …
ANN ARBOR–The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane for electric vehicles, cleantech, and emerging tech applications, today announced that Matthew Hoffman, …
ANN ARBOR–The Coretec Group Inc. (OTCQB: CRTG), developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane (CHS) for cleantech and emerging tech applications, today announced the initial findings …
LAKE ORION–American Battery Solutions announced it is starting production of a new line of lithium-ion batteries for the fleet, commercial, off-highway and marine markets, the Proliance Intelligent Battery Series T350-50. …
CLARE–Advanced Battery Concepts LLC announced its entry into large-scale, long-duration energy storage market. Edward Shaffer, founder and CEO, made the announcement at the global European Lead Battery Conference (ELBC) in …
SOUTHFIELD–Officials at Lear Corp. (NYSE: LEA) announced the company has been selected by General Motors Co. to supply key electrification technologies for the automaker’s Ultium global electric vehicle platform. The …
LAKE ORION—Officials at American Battery Solutions Inc. announced that is adding its lithium-ion battery technology, the high-voltage Proliance Intelligent Battery Series, into a new line of electric boats. The Proliance …
CLARE—Advanced Battery Concepts LLC, the Clare-based company bringing advanced technologies to the lead-acid batteries long used in automotive applications, has announced an agreement with Englewood, Colo.-based GreenCore EV Services LLC …