Freewire signs LoI for EV charging scheme in the US
Boosted charging specialist Freewire announced signing a letter of intent with Phillips 66. The rest stop operator says it wants to explore opportunities to deploy FreeWire’s technology within its US fueling station network and other strategic locations.
FreeWire gets $125Mn in latest funding round
FreeWire Technologies has raised $125 million in new capital. The company says it will use the new money to accelerate commercial deployments of its battery-boosted EV charging technology and increase manufacturing capacity as well as R&D.
StoreDot files patent for fast charging ‘booster’ function
Israeli battery developer StoreDot announces it has filed a patent for technology to help electric cars charge faster. The solution, which the company says it will make available as an open-source license, includes hardware and software enhancements that create a “booster” function.