Protean Electric gets $40M investment
TROY — Protean Electric, the Troy-based manufacturer of in-wheel electric motors for the transportation industry, announced the completion of a $40 million equity investment as the initial closing of its …
Battery Show Seeks Program Ideas
NOVI — The Battery Show conference, the electrical and Hybrid Vehicle Technology Show and the Critical Power Expo are returning to the Suburban Collection Showplace in Novi Sept. 13-15. And …
Gentherm Wins Contract For Battery Thermal Management
NORTHVILLE — Gentherm Inc. (NASDAQ:THRM), the Northville-based developer of thermal management technologies, has been awarded another contract for its new battery thermal management system, a thermoelectric cooling system for batteries …
A123 Systems to Double Global Manufacturing Capacity
LIVONIA — The Livonia-based battery manufacturer A123 Systems LLC Monday announced its plan to double global manufacturing capacity to 1.5 gigawatt-hours per year within the next three years, up from …
FEV, Munro Unveil SAE World Congress Plans
SOUTHFIELD — Two Detroit-area transportation technology companies said they’d be unveiling new hardware and details on one of the world’s most advanced cars at the 2015 SAE World Congress, to …