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Thursday, March 28, 2024

Report: Fisker Lost Track Of Customer Payments, Has Audit Crisis

A report this morning says that struggling Los Angeles-based EV maker Fisker Automotive lost track of millions of dollars of customer payments last year, and has been tied up in an internal, auditing crisis trying to track down where those ...

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Monday, March 25, 2024

Report: Fisker's Talks For Funding From Nissan Collapse

A report this morning says that talks between Los Angeles-based EV maker Fisker Automotive and auto maker Nissan have collapsed, putting the company's future in jeopardy. According to a filing with the SEC, Fisker terminated its negotiation...

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Monday, March 18, 2024

Fisker Automotive Pauses Production As It Seeks Funding

Los Angeles-based electric vehicle maker Fisker Automotive says it has paused all ofits production for six weeks to "align inventory levels and progress strategic and financing initiatives", as the company runs low on cash. The pause comes ...

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Friday, March 15, 2024

Group Dangles $16M For Hydrogen Infrastructure

The Energy Infrastructure Incentives for Zero-Emission Commercial Vehicles (EnergIIZE) says it is awarding up to $16M in incentives to grow hydrogen infrastructure in California, in an effort funded by the California Energy Commission (CEC)...

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Monday, March 4, 2024

REC Solar Names CEO

San Luis Obispo-based REC Solar, which develops on-site and community solar and storage projects, says it has named a new CEO. According to the company, it has appointed Robb Jetty--most recently, Chief Operating Officer at Distributed Sola...

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Friday, February 23, 2024

Enevate Expands To Korea

Irvine-based battery technology developer Enevate said this week that its technology has been deployed in Korea. According to the company JR Energy Solution (JR ES) has started a electrode foundary in Korea with capability to manufacture el...

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Friday, February 23, 2024

Rivian Cuts 10 Percent Of Workforce, Cites Interest Rate Pressures

Irvine-based Rivian said on Wednesday that it is cutting 10 percent of its work force, citing lower production expectations for the company. The layoff announcement came as part of its fourth quarter/full year 2023 financial results announc...

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Thursday, February 15, 2024

Enevate Deploys Fast Charge Tech With EV Motorcycle Firm

Irvine-based battery technology developer Enevate said this week that it has lined up with EV motorcycle developer Lightning Motorcycles, to power up that company's extremely fast charge systems on the LS218 motorcycle. The company said tha...

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Tuesday, February 13, 2024

Rimere Gets $10M For Clean Hydrogen

Newport Beach-based Rimere, a company that says it is developing "plasma technology" to produce clean hydrogen and graphene, says it has raised $10M in a strategic investment. The investment came from Clean Energy Fuels Corp. According to t...

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Tuesday, January 30, 2024

Haven Energy Gets $7M For Virtual Power Plants

Los Angeles-based Haven Energy, a company which focuses on selling home battery storage systems for "virtual power plants", has raised $7M in a Series A funding. The funding was led by Giant Ventures, and also included Lerer Hippeau and Rav...

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Thursday, January 18, 2024

Two SoCal Companies Join Climate Startup Program

The Uptake Alliance, a venture development program which focuses on climate technology, says it has selected 15 climate-tech startups for its program--including two based in Southern California. The program said it has included Los Angeles-...

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Friday, January 5, 2024

Better For All Deploys Compostable Cups At USC Men's Basketball Games

Pasadena-based Better For All, a developer of compostable, reusable drink cups, says its cups are being used by the The University of Southern California Department of Intercollegiate Athletics, at the upcoming Coca-Cola Zero-Waste Men's Ba...

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Tuesday, November 14, 2023

Fisker Discloses Material Weakness, Fails To File Quarterly Report

Los Angeles-based Fisker Inc. is being battered on the public markets, after the company cited "material weaknesses" in the company's internal control over financial reporting. In a regulatory filing, the company said it could not file form...

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Friday, November 3, 2023

TeraWatt Infrastructure Opens EV Charging Site For Trucking

Long Beach-based TeraWatt Infrastructure, which is building out a network of charging sites focused on the trucking industry, says it has broken ground on a new EV charging site specifically for heavy duty electric vehicles. The company sai...

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Friday, October 27, 2023

Haven Energy Launches Energy Storage Effort

Los Angeles-based Haven Energy, a company focused on home energy storage systems, has launched a new virtual power plant (VPP) program, the comapny recently announced. The venture backed company--which has received funding from such compani...

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Monday, October 23, 2023

Lancaster Gets Funding For Hydrogen Efforts

The City of Lancaster said this morning that it has been selected as part of a Department of Energy (DOE) program to encourage the development of clean energy and hydrogen development. The company said that California's Alliance for Renewab...

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Thursday, October 12, 2023

Lectron Rolls Out EV Chargers At Best Buy

Los Angeles-based Lectron, which develops home and portable electric vehicle chargers, says it is in a retail expansion with Best Buy. The company said consumers will be able to find and purchase Lectron's chargers at "select" Best Buy loca...

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Thursday, October 5, 2023

REC Solar Gets Investment From ArcLight Capital

San Luis Obispo-based solar integrator REC Solar has received an investment from middle market investment firm ArcLight Capital Partners. Size of the investment was not announced. According to the company, the investment will enable scaling...

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Thursday, September 28, 2023

EVgo, Honda Partner On Public Charging

Los Angeles-based EV charging network operator EVgo is partnering with Honda, to offer up drivers of Honda's upcoming EV models with charging credits, the two said on Thursday. According to the two companies, a "charging credit" of up to $7...

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Thursday, September 14, 2023

Gently Partners With DeliverZero On Zero-Waste Takeout Containers

Santa Monica-based last-mile delivery provider Gently says it has partnered with New York-based DeliverZero, to adopt DeliverZero's reusable takout packaging system. The system uses reusable food containers, which people can use and then re...

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Tuesday, August 15, 2023

FirstElement Fuel Gets $7.7M For Hydrogen Refueling

Irvine-based FirstElement Fuel, which runs a network of hydrogen refueling stations, says it has received a $7.7M grant from the California Energy Commission. The company said the new funding goes to scale up its manufacturing capacity. The...

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Monday, August 14, 2023

Caelux Lands $12M For Solar Technology

Pasadena-based Caelux, a developer of solar power technology using a nanomaterial called perovskites, said on Monday that it has raised $12M in a Series A3 funding round. The funding was led by Temasek, and included Reliance New Energy Limi...

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Wednesday, July 19, 2023

Tesla Pulls Out Patents Acquired In Maxwell Technologies Buy

Electric vehicle manufacturer Tesla is in a patent infringement lawsuit, using patents it acquired when it purchased San Diego-based Maxwell Technologies in 2019. In a new lawsuit, Tesla has sued Australian battery technology company Cap-XX...

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Thursday, July 13, 2023

Nuvve Gets Win In New England

San Diego-based Nuvve Holding, which is developing vehicle-to-grid technology, says it has scored a DC fast charger win in New England. According to the company, it will supply 25 bi-directional rapid charging stations to Lawrence Pubic Sch...

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Monday, July 10, 2023

Fisker Runs Into Supply Issues

Los Angeles-based eletric vehicle manufacturer Fisker Inc. has run into some supply issues, reporting last week that it produced 1,022 of its Fisker Ocean SUVs in Q2 of 2023 -- below the earlier estimate of between 1,400 and 1,700 EVs. The ...

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Wednesday, July 5, 2023

Fisker Teases Ronin GT

Los Angeles-based electric vehicle maker Fisker says it will be unveiling its Fisker Ronin convertible EV on August 3rd, showing off a view of the vehicle on Instagram over the weekend. The new vehicle will have a 600 mile range, and is bei...

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Wednesday, June 28, 2023

Faraday Future Gets Another $90M

Los Angeles-based electric vehicle maker claims that it has secured additional funding of $90M, plus an acceleration of an existing funding commitment of $15M. According to the company, the funding was led by existing investor ATW Partners ...

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Friday, June 23, 2023

Rivian Buys Swedish Mapping Company

Irvine-based Rivian Automotive, which develops electric vehicles, said this week that it has acquired Swedish mapping company Iternio. Iternio is the maker of the 'A Better Routeplanner' (ABRP) app. Financial details of the buy were not ann...

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Tuesday, June 20, 2023

Rivian Signs Tesla Charger Deal

Irvine-based Rivian announced a deal this morning, where the company's vehicles will have access to more than 12,000 Tesla Superchargers across the US and Canada, starting in 2024. According to Rivian, its R1T and R1S vehicles will be able ...

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Thursday, June 8, 2023

Flume Gets Private Equity Backing

San Luis Obispo-based Flume has received a private equity investment from San Diego-based HCAP Partners, HCAP said on Thursday. Flume is a maker of smart water meter monitoring devices, which are used to measure how much water is being used...

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