Freewire gathers $50Mn in third funding round
FreeWire Technologies has gained $50 million in a Series C funding round, led by Riverstone Holdings, with participation from current shareholders such as BP ventures. The new investment will enable FreeWire to accelerate international market expansion of its Boost Charger and expand production capacity.
Polar & BP Chargemaster reorganise under new brand
Polar and BP Chargemaster have officially rebranded their charging business under the banner ‘bp pulse’. This now includes both bp Chargemaster and Polar, who have combined their networks. Further, a deal was inked with Freewire technologies.
FreeWire Technologies completes financing round
FreeWire Technologies announced the successful closing of a $25 million Series B and venture debt financing round. The funding was led by existing investor BP Ventures, together with new investors ABB Technology Ventures and Energy Innovation Capital.
FreeWire gathers $15 million in financing round
The high speed charging specialists from FreeWire managed to take in 15 million dollars (about €13.2 million) in fresh capital during a financing round. The investors included BP and Volvo, who had also previously invested in the company.
Volvo invests in rapid charging firm FreeWire
Volvo has invested in FreeWire Technologies, who specialises in mobile rapid charging systems in California. Their charging stations initially use low voltage power, so operators can simply connect them to a standard power outlet.
BP invests in EV charging company FreeWire
Oil giant British Petrol (BP) has invested 5 million dollars in FreeWire, a U.S.-based manufacturer of mobile EV charging systems. BP plans to roll out FreeWire’s Mobi Charger units for use at selected BP retail sites in the UK and Europe during 2018.
Siemens & FreeWire, Tanger & ChargePoint, Hesperange, DoE.
Free wired: Siemens and FreeWire partner to ultimately commercialise the Mobi Charger. It features 2nd life on-board batteries and Siemens’ eCar Operation Center VersiCharge technology. A three month pilot will run at LinkedIn’s Mountain View campus.
Shop and Charge: Tanger Factory Outlet Centers teamed up with ChargePoint in the U.S. to install EV charging stations at 23 of its 46 designer outlets. The first 18 locations have been equipped and another five are currently under construction. Solar arrays will be installed as well.
Communal mobility: Hesperange in Luxembourg now offers 18 electric bikes and 4 BMW i3 for rent to tourists and locals alike. The cars can be picked up at stations around the city. Subscriptions range from annual to payment by the hour for pedelecs (2 euros) or per minute (0.35 euros) for an electric car.
Electric CV funding: The U.S. Department of Energy (DoE) will release funding for drivetrain electrification for commercial vehicles and dual fuel fleet demonstration. So far, the DOE only stated their intent, in order to enable possible project partners to prepare. The FOA will be issued in August.
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No More ICEing.
Charging stations blocked with combustion engine vehicles are a thing of the past, or better, nothing to worry about anymore. Start-up FreeWire has found a solution by simply putting the charger on wheels. The Mobi Charger actually comes to where you park, at the workplace for example, and can charge five EVs per day…