Exeleon Magazine’s Post

🔋 A little late to the party but off the back of #WorldEVDay on Monday, I thought the below article on Sifted was a very interesting read this morning. The race to electrify cars is hitting potholes... 🚘 Delving into the facts on why the appeal of owning an EV may be declining and why the growth in EV sales is slowing, it also highlights the importance of start-ups and the bulking out of charging networks in Europe. 🌍 ⚡ This year, Powerdot raised €100m funding to expand its EV charging network across Europe and Paris-based EV-charging start-up Electra raised a €304m Series B. #WorldEVDay2024 #EV #ElectricVehicle #DriveChange #NetZero https://lnkd.in/efaRy8Wq

Small component makers for electronic vehicles (EVs) are increasingly attracting interest from venture capital firms amid a boom in EV sales. Click below to see how Indigrid co-founder Rishab Puri decodes this trend. https://lnkd.in/gp4Zu8vw #ElectricRevolution #DriveElectric #EVFuture #EcoFriendlyDrive #GreenMobility #SustainableDriving #EVInnovation #ZeroEmissions #Sustainability

Here is an article about some great things going on at Aptera electric vehicles, where if you purchased the largest battery, you can travel for up to 1,000 miles on a single charge.

EV efficiency battery to wheel today: 65-70% Possible with our patented Dual Rotor topology: ~80% 🚀 🚀 🚀 https://lnkd.in/d7YuUhk5

Embark on a journey where innovation is on constant wheels and we decode the intricacies of the burgeoning electric vehicle (EV) sector, a global shift toward eco-conscious mobility solutions! Propelled by ambitious policies and a surge in consumer interest, the EV market is witnessing unprecedented growth. With a robust 53% increase in sales of electric two-wheelers, and four-wheeler production soaring at a remarkable 45% CAGR till 2030, the EV revolution is unmistakably underway. Our latest infographic, a collaborative venture by VenturEast and Golden Gate Ventures, unravels the exciting landscape of the EV market. Dive into the transformative trends and discover the driving forces behind the electrifying surge. Explore the full infographic for an electrifying insight: bit.ly/47SU82q Michael Lints | Vinay Rao | Rishika Madan #climatetech #electricvehicles #EV #VenturEast

Electrification is like gravity, it doesn’t care if you like it or agree with it... it’s happening. Our investment model uniquely positions us to navigate across the entire electrification value chain. This ecosystem approach fosters alliances and collaborations that drive innovation forward, enabling OEMs to play a pivotal role in shaping the future of e-mobility. We know that industry leaders must be proactive in preparing for this paradigm shift, and we are here to help. How to Stay Ahead in the Electrification Race: https://lnkd.in/g3VxxuPS ✍ by Declan Zidar Special shoutout to the guest contributors and those highlighted for their incredible work in the EV space: Allen Chen, BMW i Ventures, Maverick BioMetals, Natrion Inc., NanoGraf Corporation, Harbinger, John Henry Harris, Scalvy Inc, TWAICE, Toby Kraus, Lightship, ARC Boats, TELO Trucks,  Ian Rust, Revoy, SparkCharge, Tom Sun, AmpUp, BoxPower, ChargerHelp!, Tommy Stadlen, Giant Ventures, Haven Energy, Bluedot, Amber, Volta Foundation, Obvious Ventures, Car and Driver Magazine, MCJ Collective, Comcast Ventures, and REGENT. #Electrification #EMobility #EVtech

Brilliant news for Felix Poernbacher and the team at DeepDrive in recently securing a new round of investment to further accelerate the development and production of their electric dual rotor motor technology. It's no secret that growth of the EV industry has stunted in recent times, but it's great to see that investors are still backing companies with truly innovative potential. #EV #electricmotors #deepdrive #evinvestment #dualrotormotor #electrification #greenenergy #cubiqrecruitment https://lnkd.in/eR3GN8ts

This is very interesting in the future like 2-3 years a car body can be made of very few parts

Electric motor manufacturer H3X Technologies has raised a $20 million A round, led by Infinite Capital, with participation from HANWHA ADVANCED MATERIALS AMERICA, LLC, Cubit Capital, Origin Ventures, Industrious Ventures, Venn10 Capital, LP, as well as existing investors Lockheed Martin Ventures, Metaplanet, Liquid 2 Ventures and TechNexus Venture Collaborative. H3X makes electric motors, which, to be clear, does not mean full powertrains like the battery-motor-wheels combo you see in an electric car or the propeller mechanism in a plane. It’s the middle part of the equation, turning electricity into mechanical force, usually a spinning driveshaft. Many industries that rely on legacy energy sources are aiming to electrify or at least streamline their operations, but for countless use cases, the tech just isn’t there. H3X is changing the game with electric motors so compact and efficient that the aerospace and marine world — not to mention investors — are taking notice. https://lnkd.in/eH4DFBum

ELECTRIC VEHICLES GAINING MOMENTUM: NEW OEM FISKER FACING FINANCIAL CHALLENGES. Below is Fisker's latest Security Exchange Commission filing, as well as yesterday's press release which announces a new possible investor, but also the need to suspend production for 6 weeks, effective yesterday, to win some additional time to secure new investments. We hope Fisker will be able to continue the production of its Ocean EV and also to introduce EVs. #automotive #automotiveengineering #automotivetechnology #automotiveindustry #EVsales #EVadoption #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #roadtransportation #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #outlook #2024outlook #newoem #funding #bankruptcy #investor #investments #fisker #fiskerocean